National Assembly to pass 11 bills at year-end session

National Assembly to pass 11 bills at year-end session

The National Assembly is expected to approve 11 bills and give opinions on 12 other bills at its eighth session in Hanoi later this year, said General Secretary of the National Assembly Bui Van Cuong.
Special policies proposed to develop the semiconductor industry

Special policies proposed to develop the semiconductor industry

The draft Law on Digital Technology Industry being developed by the Ministry of Information and Communications (MIC) for comments includes six chapters and 90 articles.
Ministry proposes extending agricultural land use tax exemption

Ministry proposes extending agricultural land use tax exemption

The Ministry of Finance has asked the Government to extend farming land use tax exemption to attract more investment into the agricultural sector.
Landmark revised Capital law sets stage for Hà Nội

Landmark revised Capital law sets stage for Hà Nội's future development

The many breakthrough regulations in the law are meant to develop Hà Nội in a way that is worthy of a special urban area, the political, economic, cultural, educational centre of the country, towards a 'cultured - civilised - modern' capital city.
Deputy PM urges the establishment of new legal framework for renewable energy

Deputy PM urges the establishment of new legal framework for renewable energy

HÀ NỘI — Deputy Prime Minister Trần Hồng Hà called for creating a new legal framework for the fossil energy conversion policy to green and renewable energy, at a meeting on the amended draft Law on Electricity on Monday in Hà Nội.
Businesses will no longer enjoy corporate income tax incentives from 2025

Businesses will no longer enjoy corporate income tax incentives from 2025

It is expected that Vietnam will no longer offer tax incentives such as corporate income tax exemption and reduction as of 2025 in a bid to improve the capacity of public finance for infrastructure investment, said Minister of Finance Ho Duc Phoc.
New legal framework to create advantages for foreign real estate investors

New legal framework to create advantages for foreign real estate investors

HCM CITY – Experts believe that positive changes in real estate laws and the policies of the Government will increasingly attract many foreign investors, helping to orient the market to develop in a more healthy manner.
MOF proposes exemption on corporate taxes on income from green bond interest and carbon credits

MOF proposes exemption on corporate taxes on income from green bond interest and carbon credits

The Ministry of Finance is proposing amendments to the Law on Corporate Income Tax to encourage environmental protection and sustainable development.
Gov

Gov't promulgates decree on direct power purchase

The Government issued Decree No. 80/2024/ND-CP dated July 3, 2024 on direct power purchase mechanism.
New law tightens cross-ownership in credit institutions

New law tightens cross-ownership in credit institutions

HÀ NỘI — Cross-ownership and manipulation in credit institutions will be tightened after the revised Law on Credit Institutions took effect from July 1, 2024.
VAT reduction policy extended for another six months

VAT reduction policy extended for another six months

Deputies to the National Assembly on June 29 approved a resolution extending the existing VAT reduction policy for another six months till the end of 2024.
NA approves investment policy for $1b expressway project in southern Việt Nam

NA approves investment policy for $1b expressway project in southern Việt Nam

HÀ NỘI — With 464 votes in favour from the 469 attending deputies, the National Assembly on Friday passed a resolution on the investment policy for a project to build the North-South Expressway’s Gia Nghĩa-Chơn Thành western section.
MOF proposes 50% cut in registration fees for cars

MOF proposes 50% cut in registration fees for cars

HÀ NỘI — The Ministry of Finance has asked relevant ministries, branches and agencies for feedback on a proposal to cut by half registration fees for domestically manufactured and assembled cars in Việt Nam.
New legal documents in first half of June 2024

New legal documents in first half of June 2024

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.
Policy on rescheduling debt repayment period extended

Policy on rescheduling debt repayment period extended

HÀ NỘI — The State Bank of Việt Nam (SBV) has decided to allow commercial banks to reschedule the debt repayment period and maintain the debt group for certain sectors for an additional six months, to support struggling businesses.
Ministry to consider possible tax on gold transactions

Ministry to consider possible tax on gold transactions

The Ministry of Finance is to start a process to study the effect of a tax on gold transactions, said deputy minister of finance Nguyễn Đức Chi on Tuesday in Hà Nội.
Ministry proposes removing FiT for more competitive renewable energy prices

Ministry proposes removing FiT for more competitive renewable energy prices

It’s time for Việt Nam to develop more competitive pricing for the renewable energy market, as the feed-in-tariff (FiT) mechanism is no longer appropriate, according to the Ministry of Industry and Trade.
Gov

Gov't approves plan to implement ballast water management convention

The Govenrment has approved a plan to implement the International Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM) in 2024.
NA Standing Committee agrees to reduce value added tax by two per cent

NA Standing Committee agrees to reduce value added tax by two per cent

HÀ NỘI — The National Assembly (NA) Standing Committee discussed the draft Resolution on value added tax (VAT) reduction during its session on Thursday morning.
Draft decree scrutinised to ensure early implementation of land law

Draft decree scrutinised to ensure early implementation of land law

HÀ NỘI – Deputy Prime Minister Trần Hồng Hà has praised the hard work of all those involved in the draft decree on land reforms, which are due to be imposed five months earlier than anticipated.
China remains top priority in Việt Nam

China remains top priority in Việt Nam's foreign policy: President

President Tô Lâm and Chinese Ambassador to Việt Nam Xiong Bo spoke highly of the recent strong progress in the bilateral relations, especially since the two countries reached consensus in elevating the ties and building a Việt Nam- China community with a shared future that carries strategic significance.
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Bac Lieu plans to become renewable energy export hub

Bac Lieu plans to become renewable energy export hub

HANOI - Deputy Prime Minister Tran Hong Ha has signed off a development plan for the Mekong Delta province of Bac Lieu that will cost 16-18 billion USD from now until 2030.
Tropical depression expected to strengthen into typhoon within 24 hours

Tropical depression expected to strengthen into typhoon within 24 hours

HANOI – The National Centre for Hydrometeorological Forecasting has predicted that by 7 am on September 19, the current tropical depression in the East Sea will strengthen into a typhoon, reaching wind speeds of level 8 with gusts of level 10.
Ministry outlines two economic growth scenarios for 2025

Ministry outlines two economic growth scenarios for 2025

The country’s gross domestic product (GDP) is predicted at 6.5-7 per cent in the first scenario and 7-7.5 per cent in the second.
Tapping the potential to sell seaweed-based carbon credits

Tapping the potential to sell seaweed-based carbon credits

Việt Nam has the potential to cultivate seaweed on one million hectares, providing resources for multiple industries and income from carbon credit sales.
Hà Nội attracts investment in agricultural product processing

Hà Nội attracts investment in agricultural product processing

The Hà Nội Department of Agriculture has assisted companies in enhancing production capacity and implementing advanced quality management systems to ensure food safety.
vietnam wins first ever medal at womens world three cushion championship

Vietnam wins first-ever medal at Women's World three-cushion Championship

Nguyen Hoang Yen Nhi became the first Vietnamese player to win a medal at the Women's World Three-cushion Championship, which concluded in France on September 12.
hanois peach kumquat villages left empty handed after typhoon yagi

Hanoi's peach, kumquat villages left empty-handed after typhoon Yagi

Rising water level caused many ornamental tree growing areas in Phu Thuong peach village, Nhat Tan and Tu Lien kumquat village to be severely flooded. The trees were submerged in water for several days, causing root rot and mass die-offs, leaving many households with long-standing traditional livelihoods empty-handed.
quang ninh tourism hit by typhoon

Quảng Ninh tourism hit by typhoon

The recent Typhoon Yagi has seriously damaged tourism facilities in the northern province of Quảng Ninh. Now many must rebuild from scratch, in order to return the region to the popular tourism destination it once was.
nation rallies to support communities affected by typhoon yagi

Nation rallies to support communities affected by Typhoon Yagi

Typhoon Yagi has caused severe destruction across northern Vietnam, leading to heavy rain, flash floods, and widespread flooding in the northern mountainous regions. In response to the extensive damage and loss of life, emergency relief efforts and community support initiatives have been mobilised nationwide to aid affected residents and help them recover from the disaster.
intl community stands with vietnam overcoming typhoon aftermath

Int’l community stands with Vietnam overcoming typhoon aftermath

The devastating Typhoon Yagi has left terrible consequences for northern localities of Vietnam. In recent days, many countries and international organizations have given helping hands to Vietnam.
Top leader Tô Lâm pens article on innovating Party leadership

Top leader Tô Lâm pens article on innovating Party leadership

HÀ NỘI — Top leader Tô Lâm has penned an article on the continuous innovation of the Party's leadership and governance methods.
Preparations ongoing for send off ceremony of UN peacekeeping missions

Preparations ongoing for send off ceremony of UN peacekeeping missions

Engineering Unit Rotation 3 is scheduled to leave Hà Nội for the UN Interim Security Force for Abyei (UNISFA) on a UN charter flight on September 24.
Legal framework critical to boosting green credit

Legal framework critical to boosting green credit

HANOI – The recent amendment of the plan on green banking development in Vietnam is expected to create conditions for credit institutions to effectively promote green credit.
Việt Nam calls for int’l cooperation in response to climate change

Việt Nam calls for int’l cooperation in response to climate change

GENEVA — International cooperation is the key to handle damage caused by climate change, ensuring that no one is left behind, Ambassador Mai Phan Dũng, Permanent Representative of Vietnam to the United Nations (UN), World Trade Organisation, and other international organisations in Geneva said on September 13.
Bac Lieu plans to become renewable energy export hub

Bac Lieu plans to become renewable energy export hub

HANOI - Deputy Prime Minister Tran Hong Ha has signed off a development plan for the Mekong Delta province of Bac Lieu that will cost 16-18 billion USD from now until 2030.
Việt Nam needs to consider energy storage to ensure energy security

Việt Nam needs to consider energy storage to ensure energy security

Việt Nam needs to consider the development of a battery energy storage system (BESS) to ensure energy security and sustainable development, experts have said.
Power restored to nearly 99pct of typhoon-affected clients

Power restored to nearly 99pct of typhoon-affected clients

EVN units in northern Việt Nam are continuing to mobilise personnel, vehicles, and equipment to repair the damage caused by the storm and ensure full power restoration to the remainders as soon as possible.
Developing supporting industries needs to be a priority

Developing supporting industries needs to be a priority

A report of the Ministry of Industry and Trade (MoIT) shows that the number of enterprises in the supporting industry sector accounts for only about 4.5 per cent of the total number of companies in the manufacturing and processing industry.
Swiss investors keen on exploring investment opportunities in Nam Dinh province

Swiss investors keen on exploring investment opportunities in Nam Dinh province

Swiss enterprises have expressed their interest in exploring investment opportunities in the northern province of Nam Dinh while attending a workshop recently co-organised by the Swiss-Viet Economic Forum (SVEF) and the Vietnamese Embassy in the European country.
FPT partners with Nordic tech giant in digital banking development

FPT partners with Nordic tech giant in digital banking development

Global ICT company FPT Software, a subsidiary of the FPT Corporation, signed a Memorandum of Understanding to establish a strategic partnership with Vilja, a leading Nordic core banking service provider based in Stockholm, in the framework of the recent Vietnam-Sweden Business Forum 2024.
Hanoi capitalises on advantages to attract FDI

Hanoi capitalises on advantages to attract FDI

According to the Ministry of Planning and Investment, since the beginning of 2024, FDI has concentrated on provinces and cities with strong infrastructure, stable labour force, administrative reform efforts, and dynamic investment promotion activities. Among these, Hanoi has consistently ranked among the leading localities in the country for attracting FDI.
PM hosts Japanese multi-industry firm

PM hosts Japanese multi-industry firm's chairman

Prime Minister Phạm Minh Chính urged Mitsui & Co., Ltd of Japan to accelerate the implementation of the Block B gas-electricity project and expand its co-operation and investment in other sectors in Việt Nam, especially offshore wind energy development, during a meeting with its Chairman Tatsuo Yasunaga in Hà Nội on Wednesday.
Eximbank to pay cash dividend for the first time in a decade

Eximbank to pay cash dividend for the first time in a decade

Eximbank plans to distribute its first cash dividend payout in a decade, totalling around VNĐ522 billion (US$21.3 million).
State budget revenue reaches 77.52% of year

State budget revenue reaches 77.52% of year's estimate in eight months

The total state budget revenue in the first eight months of this year reached more than 1,146 trillion VND, equivalent to 77.2% of the estimate for the whole of this year and 117.9% compared to the figure for the same period last year, according to the General Department of Taxation.
Ministry to inspect insurers for motor insurance compliance

Ministry to inspect insurers for motor insurance compliance

The Ministry of Finance will inspect four non-life insurance companies in 2024 to ensure adherence to mandatory motor vehicle insurance regulations.
Housing credit on the rise: SBV

Housing credit on the rise: SBV's office

Housing credit has been on the rise as the property market finds its footing and path to recovery, according to the State Bank of Vietnam (SBV).
Tropical depression expected to strengthen into typhoon within 24 hours

Tropical depression expected to strengthen into typhoon within 24 hours

HANOI – The National Centre for Hydrometeorological Forecasting has predicted that by 7 am on September 19, the current tropical depression in the East Sea will strengthen into a typhoon, reaching wind speeds of level 8 with gusts of level 10.
Natural disaster warning maps proposed after Typhoon Yagi

Natural disaster warning maps proposed after Typhoon Yagi

There were many shortcomings in the response to Typhoon Yagi, as warnings of damage risks due to storms and floods were not specific enough, resulting in negligent behaviour.
Tropical depression expected to enter East Sea, strengthen into storm

Tropical depression expected to enter East Sea, strengthen into storm

HÀ NỘI — The National Centre for Hydro-Meteorological Forecasting reported that a tropical depression over the East Sea (known internationally as the South China Sea) is moving westward and is forecast to intensify into a typhoon.
Vietnam, US launch two new projects to strengthen wildlife protection efforts

Vietnam, US launch two new projects to strengthen wildlife protection efforts

HANOI – The US Mission to Vietnam and the Vietnam Union of Science and Technology Associations (VUSTA) on September 16 launched two new projects to counter wildlife trafficking and reduce illegal wildlife consumption.
Ministry to trial digital transformation of small enterprises in HCM City district

Ministry to trial digital transformation of small enterprises in HCM City district

HCM City will implement a plan to support small and medium-sized enterprises with digital transformation to create a new growth driver for them while boosting socio-economic development, a conference has heard in HCM City.
Ministry proposes applying technology to quality control

Ministry proposes applying technology to quality control

Technological solutions include barcodes and electronic labelling, which are tools for manufacturers to monitor product quality and trace origin.
Vietnam to begin phasing out 2G service

Vietnam to begin phasing out 2G service

By September 15, 2026, the 2G network will be officially shut down nationwide, freeing up frequency resources for more advanced telecommunications technologies. This move aligns with the development goals of both network providers and the country.
Hanoi overcoming challenges to accelerate digital transformation

Hanoi overcoming challenges to accelerate digital transformation

As a major administrative centre of Vietnam, the capital city regards digital transformation as a top priority to enhance governance, facilitate administrative procedures, and connect with citizens and businesses.
Robotic surgery: a new frontier in Việt Nam

Robotic surgery: a new frontier in Việt Nam

Heightened visibility and the robot’s advanced functionality gives surgeons greater confidence during complex and extended surgeries.
Railway sector suffers over $7.3m in damages due to Typhoon Yagi

Railway sector suffers over $7.3m in damages due to Typhoon Yagi

The railway sector sustained significant damage to equipment, infrastructure and services due to Typhoon Yagi which affected the northern provinces.
Hanoi proposes developing intelligent transport system

Hanoi proposes developing intelligent transport system

HANOI – The Hanoi Department of Transport has asked for the municipal authorities’ approval to develop an intelligent transport system (ITS) through leasing information technology services, with a cost of over 392 billion VND (more than 15.9 million USD) sourced from the city's budget for the first phase in 2025 – 2027.
Binh Minh Plastics and SCG implement project "Loving Water for the Future" in Quang Nam

Binh Minh Plastics and SCG implement project "Loving Water for the Future" in Quang Nam

Binh Minh Plastics Joint Stock Company (BM PLASCO), in collaboration with SCG, has launched a series of initiatives under the “Loving Water for the Future” project in Quang Nam province.
Vietnamese products promoted at international food fair in Russia

Vietnamese products promoted at international food fair in Russia

Vietnam's national pavilion at Russia's leading international food and drink exhibition - Worldfood Moscow 2024 - was inaugurated on September 17.
Vietjet to launch Đà Nẵng-Ahmedabad route in October

Vietjet to launch Đà Nẵng-Ahmedabad route in October

The new route which will be launched on October 23, will increase Vietjet’s routes between Việt Nam and India - a country of 1.4 billion people to eight ones, with 60 flights per week.
Increasing presence of Vietnamese goods, traders in RoK benefits both sides: minister

Increasing presence of Vietnamese goods, traders in RoK benefits both sides: minister

Vietnamese Ambassador to the Republic of Korea (RoK) Vu Ho joined the RoK’s Minister of Small- and Medium-sized Enterprises (SMEs) and Startups Oh Young-joo and German Ambassador Wilfried Schmidt in a visit to Kyungdong, a traditional market in downtown Seoul, on September 13.
France event highlights Vietnam’s corporate culture

France event highlights Vietnam’s corporate culture

The first Vietnam corporate culture day has been recently held in Paris, drawing the attendance of nearly 150 representatives from Vietnamese ministries, sectors, and business associations in France and other European countries, as well as French enterprises.
tcty-dau-khi-vn-pv-power-2022
6th Chăm Ethnic Cultural Festival to take place in Ninh Thuận

6th Chăm Ethnic Cultural Festival to take place in Ninh Thuận

The 6th Chăm Ethnic Cultural Festival in Ninh Thuận will take place in Phan Rang - Tháp Chàm city in Ninh Thuận province from September 27 to 29 with the participation of artisans, artists, performers, and athletes from the Chăm ethnic community across nine provinces and cities.
Vietnamese lacquer art introduced in Paris

Vietnamese lacquer art introduced in Paris

A lacquer painting exhibition has opened in Paris spotlighting 40 prominent painters and artists who are currently active in researching and practising Vietnamese lacquer art.
Việt Nam

Việt Nam's drum performance thrills Kuala Lumpur audience

About 20 domestic and four foreign art troupes from Indonesia, Thailand, Singapore and Việt Nam attended a performance festival entitled Trống cơm (cylindrical drum) by Việt Nam’s Lệ Ngọc Theatre in Kuala Lumpur.
Vietnamese photographer wins ASEAN SX Photo Contest

Vietnamese photographer wins ASEAN SX Photo Contest

Vietnamese photographer Ho Trung Lam has won the Grand Prize at the ASEAN SX Photo Contest 2024 which was held in Bangkok in Thailand.
Quảng Ninh tourism hit by typhoon

Quảng Ninh tourism hit by typhoon

The recent Typhoon Yagi has seriously damaged tourism facilities in the northern province of Quảng Ninh. Now many must rebuild from scratch, in order to return the region to the popular tourism destination it once was.
What to do in Phu Quoc - a Vietnamese Island you can visit without a visa

What to do in Phu Quoc - a Vietnamese Island you can visit without a visa

Exploring Southeast Asia has never been easier: Phu Quoc Island is an ideal choice for travel and long-term relaxation, with a complete visa exemption policy for international visitors, a temporary stay of up to 30 days, a populous and rich nature, and impressive architecture.
Khánh Hòa all set to hit full-year target of 9 million tourists in September

Khánh Hòa all set to hit full-year target of 9 million tourists in September

Khánh Hòa Province will soon celebrate achieving its target of receiving nine million tourists this year, according to its Department of Tourism.
Hạ Long city welcoming tourists back

Hạ Long city welcoming tourists back

Hạ Long Bay in the northern province of Quảng Ninh, one of the localities hardest hit by Typhoon Yagi, officially resumed normal operation of tourist boats on September 13, nearly a week after being ravaged by the typhoon.
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