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.
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.
Deputy PM urges implementation of 1 million hectare of high-quality rice project

Deputy PM urges implementation of 1 million hectare of high-quality rice project

Deputy Prime Minister Tran Luu Quang on July 17 requested the acceleration of the implementation of a project to develop 1 million hectares of specialised rice cultivation with high quality and low emissions associated with green growth in the Mekong Delta region from now to 2030.
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.
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.
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.
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Typhoon Yagi devastates Hà Nội

Typhoon Yagi devastates Hà Nội

The heavy rains are likely to cause flooding on many inner city streets with a common depth of 20-40cm.
NA Chairman

NA Chairman's visit to Russia holds great significance: Ambassador

The top Vietnamese legislator's visit will further enhance comprehensive cooperation between the two countries in all fields, including politics, trade, and people-to-people exchange.
Vietnamese teams become SCG

Vietnamese teams become SCG's ESG Ambassadors

The SCG Sharing the Dream 2023 scholarship program has announced groundbreaking results from its ESG Ambassador 2024 initiative. For the first time in the program's history, two Vietnamese teams have won the competition.
Prime Minister meets Guinea-Bissau President

Prime Minister meets Guinea-Bissau President

Cooperation between Việt Nam and Guinea-Bissau is also progressing positively based on a reliable political foundation formed by historical solidarity and mutual support in the struggle for national independence.
Typhoon Yagi wreaks havoc across northern Việt Nam, killing four, injuring several others

Typhoon Yagi wreaks havoc across northern Việt Nam, killing four, injuring several others

Yagi claimed four lives in its path on Saturday, with three dead in Quảng Ninh, and one victim in Hải Dương.
traditional lantern

Traditional lantern

Bright colourful lanterns have always been an important part of Việt Nam's Mid-Autumn Festival. While the art of making traditional lanterns has been dwindling over generations, many artisans are still determined to keep this craft alive and burning.
deaf cafe goes with the flow

Deaf café goes with the flow

A small café in downtown Hà Nội, which seems to be normal like any other cafes in the capital city. But stepping inside, one may recognise something unusual: all conversations are made through sign language as all the staff are hearing-impaired.
four airports in vietnam to suspend operations as super typhoon approaches

Four airports in Vietnam to suspend operations as super typhoon approaches

Considering the storm's intensity and high level of disaster risk, after discussions and reports from various units, Director of the Civil Aviation Authority of Vietnam Dinh Viet Thang has ordered a temporary suspension of aircraft operations at four airports in Vietnam (three in the north, and one in the central region).
ha giang honored as asias leading cultural destination 2024

Ha Giang honored as Asia’s leading cultural destination 2024

The northern mountainous province of Ha Giang has been honored as the Asia’s Leading Regional Cultural Destination 2024 by the World Travel Awards. See more in the following report.
durian orchard tour in dak lak attracts visitors

Durian orchard tour in Dak Lak attracts visitors

A durian orchard tour was held for the first time in the Central Highland province of Dak Lak, as part of the activities to celebrate the National Day holiday. The activity attracted a large number of visitors, including many who came to the Central Highlands for the first time.
PM urges pushing up growth in 2024, 2025 with priority solutions

PM urges pushing up growth in 2024, 2025 with priority solutions

HANOI – Prime Minister Pham Minh Chinh on September 7 asked ministries, agencies and localities to implement priority tasks and solutions in order to spur growth this year and 2025, making up for the sluggishness in the previous years due to COVID-19 impacts.
Prime Minister directs swift actions on storm and flood response

Prime Minister directs swift actions on storm and flood response

From Saturday (September 7) onwards, the storm is expected to affect the northern provinces with strong winds and heavy rain, with rainfall amounts ranging from 100 to 350mm, and isolated areas seeing over 500mm.
New land law: opportunity to promote investment in green agriculture

New land law: opportunity to promote investment in green agriculture

HÀ NỘI — The 2024 Land Law, which took effect from August 1, is opening significant opportunities to attract investments in promoting the development of modern and green agriculture in Việt Nam.
Việt Nam expands int’l cooperation to address new challenges in education

Việt Nam expands int’l cooperation to address new challenges in education

Discussing the 21st century’s challenges to traditional education systems in Asia-Pacific Economic Cooperation (APEC) economies, the session on traditional education in APEC economies drew the participation of representatives from leading universities in Russia, China, Japan and Việt Nam.
Eco-industrial parks vital to achieving net zero emission target by 2050

Eco-industrial parks vital to achieving net zero emission target by 2050

Hanoi - The development of eco-industrial parks (eco-IPs) is an effective solution to lower emissions enough to meet the net zero target by 2050 in Vietnam. However, there are still many obstacles, especially in terms of mechanisms.
Garment-textile recovery on track as orders increase

Garment-textile recovery on track as orders increase

HCM City – The recovery of Vietnam’s garment-textile sector remains on track and is expected to make breakthroughs in the time ahead, insiders have said.
Centre of raw materials for textiles and footwear expected to be launched in 2025

Centre of raw materials for textiles and footwear expected to be launched in 2025

HÀ NỘI — The Ministry of Industry and Trade on Thursday discussed a proposal to develop a centre to create, store and trade raw materials for textile and leather footwear production in Việt Nam.
Green energy opportunities abound for Vietnamese firms

Green energy opportunities abound for Vietnamese firms

HCM City - Vietnamese firms have ample opportunities to develop green and clean projects, particularly in renewable energy, heating, ventilation and air conditioning (HVAC), data centre and smart building construction, experts said at a series of seminars on energy held in Ho Chi Minh City on September 4.
Efforts underway in Bắc Giang to create more favourable business environment

Efforts underway in Bắc Giang to create more favourable business environment

The Bắc Giang Provincial People's Committee recently hosted a conference titled 'Meeting and Dialogue with the Business Community of Bắc Giang', where provincial leaders listened to local businesses' opinions and proposals, aiming to address challenges and develop practical solutions for investors and enterprises.
Gojek quits Vietnam to focus on major markets

Gojek quits Vietnam to focus on major markets

Indonesia-based ride-hailing and delivery service app Gojek has decided to exit Vietnam from September 16 as a step towards focusing its operations in major markets with higher growth potential.
Japanese investors pour over 1.3 billion USD into Ha Nam

Japanese investors pour over 1.3 billion USD into Ha Nam

The Management Board of Industrial Parks in the northern province of Ha Nam on August 30 held a meeting with Japanese enterprises that are investing in industrial parks in the province.
Dong Nai province’s foreign investment surges by 34%

Dong Nai province’s foreign investment surges by 34%

The southern province of Dong Nai attracted nearly 1 billion USD worth of foreign investment as of August 20, up 34% year-on-year, according to the provincial Department of Planning and Investment.
ADB again recognises HDBank as leading partner bank in Việt Nam, expands trade finance tie-up

ADB again recognises HDBank as leading partner bank in Việt Nam, expands trade finance tie-up

The Hồ Chí Minh City Development Bank (HDBank -sticker: HDB) was once again honoured as the “Leading Partner Bank in Vietnam” by the Asian Development Bank at an award ceremony for the Trade and Supply Chain Finance Program in Singapore on September 3.
Charter capital contribution time limit should be extended: VCCI

Charter capital contribution time limit should be extended: VCCI

Shareholders should have 180 days to contribute charter capital to their company instead of 90 days starting immediately, the Vietnam Chamber of Commerce and Industry (VCCI) recently proposed.
MoF proposes new audit standards, targets large enterprise with stricter fines

MoF proposes new audit standards, targets large enterprise with stricter fines

The Ministry of Finance has proposed significant amendments to the Law on Independent Audit and several related laws, including the Securities Law and the Accounting Law.
Hung Yen collects over 25 trillion VND for state budget in H1

Hung Yen collects over 25 trillion VND for state budget in H1

The northern province of Hung Yen recorded positive socio-economic development in the first half of this year.
Greening efforts urgent to counter

Greening efforts urgent to counter 'white pollution' of e-commerce

HÀ NỘI — The boom of Việt Nam’s e-commerce is leading to rising concerns of ‘white pollution’ due to excessive non-biodegradable packaging, with experts urging greening efforts for sustainable economic growth.
Super Typhoon Yagi to hit northeastern mainland on September 7

Super Typhoon Yagi to hit northeastern mainland on September 7

Hanoi –Super Typhoon Yagi is currently about 620km southeast of the northeastern coastal province of Quang Ninh and will make a landfall on September 7, said the National Centre for Hydro-Meteorological Forecasting.
PM demands urgent response to super Typhoon Yagi

PM demands urgent response to super Typhoon Yagi

HANOI - Prime Minister Pham Minh Chinh has signed an official dispatch demanding efforts to be hastened in response to the approaching Typhoon Yagi, which intensified into a super typhoon on September 5 morning.
Typhoon Yagi keeps gathering force, heads towards Northern Vietnam

Typhoon Yagi keeps gathering force, heads towards Northern Vietnam

Typhoon Yagi has been gathering strength over the past hours and is forecast to become the strongest storm to hit Vietnam in many years.
Engineer leaves corporate path to digitise hometown agriculture

Engineer leaves corporate path to digitise hometown agriculture

Leveraging the knowledge and skills he had gained, Đặng Dương Minh Hoàng courageously implemented science and technology solutions to elevate his family's agricultural products to new heights.
Da Nang – nucleus of innovation in central region

Da Nang – nucleus of innovation in central region

Da Nang city, positioned as the centre and nucleus of innovation in the central region, has become an ideal destination for startups as various incentives and special policies have been put in place to provide financial and tech supports as well as develop intellectual property assets.
Party General Secretary, President writes about role of digital transformation

Party General Secretary, President writes about role of digital transformation

Party General Secretary and President To Lam has written an article highlighting the role of digital transformation in national development. The following is the translation of the article:
UNESCO hails Vietnam

UNESCO hails Vietnam's contributions to natural sciences

Assistant Director-General of UNESCO for Natural Sciences Lidia Arthur Brito has praised Vietnam for its remarkable contributions to UNESCO's natural science initiatives during a meeting in Paris with Ambassador Nguyen Thi Van Anh, Permanent Representative of Vietnam to UNESCO.
Typhoon Yagi devastates Hà Nội

Typhoon Yagi devastates Hà Nội

The heavy rains are likely to cause flooding on many inner city streets with a common depth of 20-40cm.
Typhoon Yagi wreaks havoc across northern Việt Nam, killing four, injuring several others

Typhoon Yagi wreaks havoc across northern Việt Nam, killing four, injuring several others

Yagi claimed four lives in its path on Saturday, with three dead in Quảng Ninh, and one victim in Hải Dương.
Deputy PM urges communication measures as Typhoon Yagi intensifies

Deputy PM urges communication measures as Typhoon Yagi intensifies

Deputy Prime Minister Trần Hồng Hà has urged immediate dike reinforcement and communication measures amid Typhoon Yagi, in a meeting with local authorities in Hải Phòng.
Heavy rain and strong winds uproot trees, damage houses across northern provinces

Heavy rain and strong winds uproot trees, damage houses across northern provinces

In Yên Bái Province, heavy rain caused damage to 108 houses in the districts of Trấn Yên, Văn Chấn, and Văn Yên.
Trade promotion conference of Mekong Delta region looking at existing and potential products

Trade promotion conference of Mekong Delta region looking at existing and potential products

On the sidelines of the conference, there is an exhibition space to promote products of localities and enterprises in the region, while creating opportunities for trade connection between suppliers of goods and services in the Mekong Delta region with import-export enterprises.
Vietnam Fruit Festival to be held in China

Vietnam Fruit Festival to be held in China

The first-ever Vietnam Fruit Festival will be held in the Chinese capital of Beijing on September 29 - 30 with the aim of bringing Vietnamese fruits to a larger number of Chinese consumers.
Vietnamese vegetables, fruits promoted at Asia Fruit Logistica

Vietnamese vegetables, fruits promoted at Asia Fruit Logistica

Nineteen Vietnamese enterprises are attending Asia’s premier fresh fruit and vegetable trade show - Asia Fruit Logistica, which is underway in Hong Kong (China) from September 4-6.
Promoting OCOP products to consumers through supermarket channels

Promoting OCOP products to consumers through supermarket channels

Deputy head of the Hà Nội Rural Development, Hà Tiến Nghi, said that in addition to fairs and festival weeks, the city has opened and put into operation 105 points to introduce and promote OCOP products to serve consumers across districts and towns.
tcty-dau-khi-vn-pv-power-2022
Traditional lantern

Traditional lantern

Bright colourful lanterns have always been an important part of Việt Nam's Mid-Autumn Festival. While the art of making traditional lanterns has been dwindling over generations, many artisans are still determined to keep this craft alive and burning.
Vietnamese lacquer products showcased at Paris home decor fair

Vietnamese lacquer products showcased at Paris home decor fair

During the event currently unfolding in Paris, Vietnamese haute lacquer house Hanoia has unveiled over 100 exquisite lacquer products. This marks the first time a Vietnamese brand has participated in such a large-scale international exhibition.
Four Vietnamese dishes named among 69 best rated dishes with peanuts

Four Vietnamese dishes named among 69 best rated dishes with peanuts

TasteAtlas, a website dedicated to discovering fresh ingredients, traditional dishes, and authentic restaurants from all over world, has listed four Vietnamese cuisines among its 69 best rated dishes with peanuts.
Impressive cultural event at Moc Chau Island

Impressive cultural event at Moc Chau Island

To celebrate the National Day 2024, from August 31 to September 2, the Moc Chau tourist area in Son La Province hosted a range of cultural activities. A highlight among them was the panpipe performance, which attracted a large number of visitors.
Hà Nội tourist attractions to come alive during Autumn Festival

Hà Nội tourist attractions to come alive during Autumn Festival

Festival-goers will get a chance to feel as if they have travelled back in time a few decades with displays and re-enactments, and be treated to Hanoi’s signature dishes such as 'com' or young green rice flakes, lotus-scented tea, and “bánh mì”, along with art activities.
Việt Nam sees 46% increase in international visitors in first eight months

Việt Nam sees 46% increase in international visitors in first eight months

The Asian market remains Việt Nam's largest source of international visitors, with over nine million arrivals, reflecting a 51 per cent increase year-on-year.
The 18th International Travel Expo Ho Chi Minh City opens

The 18th International Travel Expo Ho Chi Minh City opens

(VEN) - The 18th International Travel Expo Ho Chi Minh City (ITE HCMC 2024) has opened from September 5-7, attracting 700 leaders from global tourism organizations and businesses.
Ha Giang honored as Asia’s leading cultural destination 2024

Ha Giang honored as Asia’s leading cultural destination 2024

The northern mountainous province of Ha Giang has been honored as the Asia’s Leading Regional Cultural Destination 2024 by the World Travel Awards. See more in the following report.
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