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Vietnam’s FDI expected to hit 39 - 40 bln USD this year

Vietnam expects to attract 39-40 billion USD in foreign direct investment (FDI), according to forecasts to the end of the year.

Nineteen State-owned enterprises estimate pre-tax profit of over 2 bln USD

Pre-tax profit of parent companies of 19 corporations and parent companies under the Commission for Management of State Capital at Enterprises (CMSC) is estimated to reach 50.36 trillion VND (2.08 billion USD) in the first nine months of the year.

Old apartments with peeling, moldy walls in Hanoi offered for VND4 billion

New apartments in Hanoi have been marketed at sky high prices, while old, degraded apartments are still selling for VND70 million per sq m.

Electricity retail prices increase, affecting tens of million of clients

The average electricity retail price has been raised to VND2,100 per kwh. It is estimated that tens of million of electricity consumers will be affected by the decision, while producers will have to pay the highest additional amount.

Vietnam achieves historic record in fruit export revenues to China

The issuance of official export permits has driven record-breaking export revenues from key fruits to China, highlighting Vietnam's growing influence in the market.

VN aims to have 3-5 urban areas with regional and international stature

Building a smart urban area network at the national and regional levels for international connections and developing 3-5 cities with international stature are two of the goals set by the 2021-2030 urban and rural area development planning.

Economy needs to accelerate before taking off: economist

An airplane needs to perform a run-up and then accelerate to be able to take off on just one kilometer of a runway, or it will fall into a hole. For an economy, the hole is the middle-income trap.

Standardising regulations for green buildings

Although Vietnam is gradually establishing standards for green materials, there is currently a lack of specific regulations for assessing and managing the quality of these materials.

Multi-billion dollar tech firm rises to big success after failure

Persistent and disciplined, FPT has become a Vietnamese enterprise valued at billions of dollars, confidently standing shoulder to shoulder with the world's powers with its intelligence and technology.

VN needs to diversify supply chains for sustainable growth

The diversification of global supply chains is creating significant opportunities for Vietnam to engage more deeply in international production networks.

State bank to inspect banks, gold trading enterprises

The inspection is part of the efforts to narrow the gap between international and domestic gold prices.

VN needs to engage more with the global energy chain

Vietnam needs to take more drastic action to accelerate energy transition and engage with the global energy chain, moving towards carbon neutrality, a conference held by Business Forum magazine heard on Thursday.

Corporate bond market yet to recover as new barriers appear

The National Assembly's Economics Committee has said that the liquidity of the bond market has improved significantly, but challenges still exist.

Revising Electricity Law to create a legal framework for developing energy

Having been in effect for nearly 20 years, with four previous amendments, the law still faces challenges that the current provisions have yet to fully address.

Vietnam sets sights on billion-dollar companies with strategic policy framework

To elevate Vietnamese businesses to international success, policies focusing on innovation, global competitiveness, and long-term support are critical.

Vietnam’s motorbike market flourishes in Q3

Honda continues to maintain its dominant position in the market with sales of 554,805 motorbikes in the third quarter of this year, equivalent to an 80.8 per cent market share.

Loc Troi appoints new CEO following legal disputes involving former CEO

Loc Troi Group has appointed Nguyen Tan Hoang as the new CEO following legal issues surrounding the company’s former CEO, Nguyen Duy Thuan. The company's shares have seen significant drops amid these developments.

Deputy Governor denies claims of $595.18 billion remaining in banks

The State Bank of Vietnam has confirmed that banks have fully lent out the VND 14.5 quadrillion (over $595 billion) mobilized, with new credit packages in development for key sectors such as agriculture and social housing.

Why e-commerce platforms are opposing tax filing requirements for sellers?

The Vietnam E-commerce Association has expressed strong opposition to new tax regulations, arguing that platforms lack the expertise and infrastructure to take on such responsibilities.

New $1.19 billion credit package proposed for social housing loans

The Ministry of Construction has announced plans to propose a 30 trillion VND credit package, funded by government bonds, to provide affordable housing loans to low-income individuals.