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.
Vietnam to launch KRX trading system on May 5
Provided by the Korea Exchange, the system can handle 3-5 million orders a day.
Ho Chi Minh City's tourism credit grows 10%
Total outstanding tourism credits reaching VND57 trillion ($2.2 billion) by the end of February.
Domestic gold price drops after hitting historic high
The SJC-branded gold bars skyrocketing to a historic high of VND102.6 million ($3,976) per tael on April 1 morning.
Domestic gold price jumps to new height
The selling price of SJC-gold bars hitting over VND101 million ($3,923) per tael on March 31.
Considerations need to be made for future financial centers
A host of considerations will need to be taken into account as Vietnam’s goes about developing its financial centers.
HCMC financial hub positioned as engine for national innovation, competitiveness
"The development of the financial center is one of the strategic spearheads to help transform the growth model, improve resource utilization efficiency, and strengthen Vietnam's position on the international stage," Minister of Finance stated.