Banking & Finance
Finance ministry proposes extension of 50% environmental tax cut on fuels
The extension expected to last through 2026.
Business
New decree offers preferential import tariff policies for auto firms
The new decree aims to support domestic vehicle manufacturers and assemblers, particularly those producing environmentally friendly models.
Property
Vietnam industrial rents soar 70%, but remain globally competitive
The average rental price in Hanoi is around $5.3/m2/month, and in Ho Chi Minh City, $4.9/m2/month.
Ho Chi Minh City on the way to become an international financial center
Ho Chi Minh City must address its shortcomings and build upon its existing strengths if it hopes to become a prosperous international financial center.
Bank credit in HCM City reaches $154 bln in Q1
Credit concentrated on production, business, trade, services, tourism and export-import activities.
VAT refunds worth $1.12 bln in Q1
Export activities accounting for the largest share.
ACB targets steady growth and strong returns in 2025
Asia Commercial Bank sets its sights on VND23,000 billion ($920 million) in pre-tax profit and 16 per cent credit growth for 2025, as it begins a new five-year strategy focused on sustainable expansion, digital investment, and consistent shareholder payouts.
Vietnam, US reached agreement on negotiations for a reciprocal trade agreement
The reciprocal trade agreement would include agreements on tariffs, according to US Trade Representative Jamieson Greer.
UOB reaffirms its commitment to Vietnam with fresh capital injection and new headquarters
The fresh capital injection of VND2 trillion ($80 million) comes as UOB Vietnam also unveils plans for its new headquarters building in Ho Chi Minh City.