Vietnam records over 157,200 newly established enterprises in 2024

In 2024, Vietnam registered over 157,200 new enterprises, with Ho Chi Minh City and Hanoi leading in business formations.

La Vie mineral water company hit with $2.8 million tax bill

La Vie, Vietnam's leading bottled water company, faces a $2.8 million tax bill after authorities discovered miscalculations in taxes and fees from 2016 to 2020.

HCM City remittances up at record $9.6b in 2024

Following 2023, remittances to HCM City rose to a record again of US$9.6 billion last year, the State Bank of Vietnam has said. They were up $140 million from 2023 and accounted for more than half of the country’s total remittances.

Vietnam’s digital enterprises urged to lead in advanced technologies

Vietnamese digital technology enterprises are called to pioneer advanced technologies and drive the nation’s digital transformation, as emphasized at the 6th National Forum on Vietnam's Digital Technology Enterprises.

Prime Minister greenlights Ninh Co Economic Zone in Nam Dinh

The Prime Minister has approved the establishment of the Ninh Co Economic Zone in Nam Dinh Province, spanning 13,950 hectares and promising significant economic and social benefits.

Vietnam sets record with nearly $1.2 billion cashew exports to the US

The US has made a historic $1.2 billion investment in importing Vietnamese cashews, solidifying Vietnam's position as the world’s leading cashew supplier.

New land snail species discovered in Vietnam’s Son Doong Cave

Scientists have discovered a new land snail species, Calybium plicatus, in the first sinkhole of Son Doong Cave, underscoring Vietnam’s extraordinary biodiversity.

Vietnam recognizes 71 outstanding digital products at national forum

Vietnam celebrated 71 exceptional digital solutions at the Make in Vietnam Digital Products Awards, spotlighting the nation’s achievements in technology and innovation.

National forum sets roadmap for Vietnam’s digital technology leadership

The 6th National Forum on Vietnam’s Digital Technology Enterprises opened in Hanoi, showcasing the country’s ambitions to master digital technology and lead the global transformation.

Gov’t programme eyes drastic implementation of anti-wastefulness measures

The Vietnamese Government is aiming for the drastic, concerted and effective implementation of solutions to practice thrift and combat wastefulness in 2025 as outlined in its newly-issued comprehensive programme on these works.

Mandatory transfer of DongA Bank terminates shareholder ownership

Once one of Vietnam's prominent banks, DongA Bank has now been placed under mandatory transfer by the SBV, effectively ending the rights of its shareholders, including major institutional investors.

Low-cost Chinese milk grapes dominate Vietnamese markets despite safety warnings

Following the detection of harmful chemicals in Thailand, Chinese milk grapes remain a staple in Vietnam’s markets, with authorities ensuring compliance with domestic safety standards.

Economic struggles keep many workers away from home this Tet

For many workers in Ho Chi Minh City and Binh Duong Province, financial hardship has turned the dream of returning home for Lunar New Year (Tet) into an unattainable luxury.

European start-up enters Vietnam’s ride-hailing market

Similar to other popular technology ride-hailing applications such as Grab or Be, Bolt expects to provide basic services, including transport, shopping and food delivery.

Average pensions in 2024 surpass per capita income

By December 2024, Vietnam’s average pension reached nearly 7 million VND (nearly $300) per month, surpassing the country’s per capita income, though disparities remain for many retirees.

Prime Minister’s European tour: Strengthening ties and fostering innovation

Vietnam’s Prime Minister Pham Minh Chinh begins a pivotal European tour to Poland, the Czech Republic, and Switzerland, aiming to deepen bilateral relations, advance trade and innovation, and position Vietnam as a leader in the smart era.

Multiple Vietnamese television channels halt operations in major restructuring

As of January 15, Digital Television VTC, Voice of Vietnam Television (VOVTV), and Nhan Dan Television have officially ceased broadcasting, marking a significant shift in Vietnam's media landscape.

Russia pledges support for Vietnam’s nuclear power industry development

Vietnam and Russia have agreed to expand cooperation across multiple sectors, with nuclear power development emerging as a key focus during Russian Prime Minister Mikhail Mishustin’s visit to Hanoi.

MPI outlines key components for first-ever IFC

Vietnam gets ready to establish its first international financial centre (IFC) in HCM City, the Southeast Asian economy’s largest economic hub.

Vietnam’s billion-dollar green hydrogen opportunity lies in limbo

Green hydrogen offers Vietnam the opportunity to achieve its net-zero goals and potentially earn billions of dollars, but significant challenges could delay its progress.

‘Make in Vietnam’ enterprises are 'locomotive' of VN's digital economy

Inspired by the Make in Vietnam appeal, Vietnamese digital technology firms are gradually transitioning from assembly and outsourcing to creativity, self-design, and mastery of core technologies.

5 million Vietnamese have diabetes, often leading to blurry vision

Experiencing fatigue, blurred vision, and unexplained weight loss, a young man sought medical consultation and was informed that he had contracted Type 2 diabetes.

Which technologies should Vietnam use to manage traffic?

The use of body cameras by Hanoi traffic police provides convincing evidence to prove people’s traffic violations.

Streamlining the apparatus: who leaves and who stays?

When streamlining the apparatus, many officers will become redundant and will need support to seek new jobs.

Vietnam urged to engage retirees as birth rate drops to 1.91

Vietnam's total fertility rate (TFR) dropped to a record low of 1.91 children per woman in 2024, signaling an urgent need for policies to address the declining birth rate and leverage the expertise of retirees to mitigate economic impacts.