The 2024 Land Law, to take effect from August 1, is hoped to bring about investment waves in relevant sectors such as real estate, requiring stakeholders to make good preparations, experts stated at a conference in HCM City on July 17.

To protect the legitimate rights and interests of Vietnamese enterprises, the TRAV has recommended that local businesses fully comply with the regulations set by the Certificate Regime and closely coordinate with the TRAV to receive timely support.

According to the Ministry of Industry and Trade, Việt Nam has over 1,167 supermarkets, 254 shopping centres and many systems of modern convenience stores in large cities, such as Big C & Go System, Co.op mart and Mega Market. 

Market profit growth is expected around 10 per cent this year, with valuations at reasonable levels.

According to analysts from Saigon-Hanoi Securities (SHS), in the short term, market liquidity is improving but remains below average as investors await second-quarter business results.

Over 300 leading brands from both Việt Nam and abroad, including China, Germany, France, the US, Japan, and the Republic of Korea, are showcasing their products and services at nearly 500 booths.

The Ministry of Finance (MoF), in the latest submission to the Government, has proposed a plan to consider not reducing registration fees for domestically produced and assembled cars.

Prime Minister Phạm Minh Chính has stressed the need to implement specific tasks in order to untangle knots in e-commerce development, according to the Government Office. 

The two sides pledged to create favourable conditions for Korean firms to implement the UDPP for which the LH has signed cooperation agreements with Vietnamese localities.

Vingroup and Techcombank have proposed a new social housing credit package with a fixed 4.8 per cent interest rate for the first five years, a 30-year loan term and loans covering up to 100 per cent of the purchase price.

The course is not only the beginning of a critical training programme, but also a significant step towards Vietnamese mastery of semiconductor technology.

The Vietnam Motor Show (VMS) is roaring back into HCM City this October, showcasing the latest advancements and offerings in the country's automotive and motorcycle industry.

The HCM City Tax Department said that in the first six months of the year, the department refunded nearly VNĐ4.7 trillion (US$203 million) of value-added tax (VAT) to businesses in the area.

The pressure of maturing bonds is still weighing heavily on real estate businesses in the HCM City, forcing these businesses to find solutions to restructure debt.

The city is still a prime location for business in Việt Nam, has the highest number of businesses in the country and is the biggest contributor to the country’s GDP, but its growth rate is slowing, as is the competitiveness of its enterprises since 2010.

The ASEAN+3 Macroeconomic Research Office (AMRO) revised Việt Nam’s economic growth forecast upward to 6.3 per cent for 2024 in its latest update released on Tuesday.

More than VNĐ1 quadrillion (US$40.9 billion) was collected for the State budget in the first half of 2024, equivalent to 61 per cent of this year’s target and up 17.7 per cent from a year earlier, reported the Ministry of Finance (MoF).

Riverfront Financial Centre, the epitome of modern office buildings in Saigon, has officially opened its doors. With its prime location and iconic design the centre aims to become the hub for prestigious domestic and international financial institutions.

Interested investors, both Vietnamese and foreigners, may register to purchase Agribank bonds from July 11 to August 14 at its headquarters or all transaction offices nationwide.

Việt Nam expects a strong investment wave from South Korea amounting to tens of billions of dollars soon, according to the Foreign Investment Agency.