Limited capital and scarce supply, along with new regulations on property tax, are putting pressure on real estate businesses.

A working delegation of the Ministry of Finance led by Minister Ho Duc Phoc is paying a working visit to Germany from July 9-13, with the aim of exchanging experience in public finance management towards green growth, and boosting bilateral cooperation in finance.

Investing in processing technology is important to diversify products and increase added value of farm produces as well as promoting exports, experts say.

Lower steel prices and public investment disbursement are expected to provide growth momentum for the construction industry over the second half of 2022.

Ho Chi Minh City is finalising procedures to implement some projects around its Tan Son Nhat International Airport in late 2022, aiming to ease traffic congestion in the area and expand traffic connections with Terminal T3 that is scheduled to be put into operation soon to serve about 20 million passengers per year.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,198 VND/USD on July 13, up 15 VND from the previous day.

Lower steel prices and public investment disbursement are expected to be growth momentum of the construction industry in the rest of 2022.

Limited capital and scarce supply, along with new regulations on property tax, are putting pressure on real estate businesses.

The real estate market along under-construction Ring Road No. 3 is expected to heat up as HCM City and the provinces where the road passes through ramp up efforts to complete it by 2026, property insiders said.

The Ministry of Industry and Trade (MoIT) has announced that its e-invoice solution system is allowed by the Ministry of Finance’s General Department of Taxation (GDT) to provide services at the address hoadonct.gov.vn.

SOEs maintain a core and leading role in the socialist-oriented market economy, contributing to building an independent and self-reliant economy.

Vietnamese markets rebounded Tuesday thanks to the recovery of pillar stocks but liquidity remained low on cautious investor sentiment.

In an article posted on July 12, The Business Times of Singapore cited some economists' opinions that said Vietnam’s economy is back on track for a strong recovery this year.

The Ministry of Finance needs to coordinate with other agencies to research and report a plan on gasoline tax reduction to the Government, the Prime Minister and competent agencies for approval, Deputy Prime Minister Le Minh Khai, head of the National Financial and Monetary Policy Advisory Council, said on July 12.

Hanoi has just issued a plan on implementing a price stabilisation programme covering essential goods in 2022.

Sales of Hyundai cars in June fell 34% from the previous month to 4,278, Thanh Cong (TC) Group said on July 12, blaming the decline on component shortages.

Minister of Industry and Trade Nguyen Hong Dien and EU Commissioner for Agriculture Janusz Wojciechowski have affirmed the need to step up economic and trade ties, especially amid complicated market uncertainties making it urgent to guarantee sustainable supply chains and food security.

The State Bank of Vietnam (SBV) has been working to regulate liquidity in order to stabilise the monetary market given global economic uncertainties and geopolitical tensions, and control inflation and stand ready to ensure capital for economic recovery and development, its Deputy Governor Dao Minh Tu said on July 12.

The Ho Chi Minh Stock Exchange has approved FPT Corporation to list more than 182.8 million shares from July 11. These shares will be traded starting on July 19.

Around 130 business leaders from 21 economies of the Asia-Pacific Economic Cooperation (APEC) will attend the third meeting of APEC Business Advisory Council (ABAC 3), which will be held from July 26-29 in the north-eastern province of Quảng Ninh’s Hạ Long City.