Banking & Finance

Companies with large debts primarily operate in the construction, real estate, building materials, and mining sectors.

Vietnam needs to unlock its potential in a booming global digital asset market tipped to reach into the trillions of dollars.

The Resolution will take effect from January 1 to December 31, 2026.

At the October 18 conference, Prime Minister Pham Minh Chinh underlined that to achieve economic growth of over 8% in 2025 and create momentum for double-digit growth in the following years, investment, especially public investment, with its role as a key growth driver, must be stronger accelerated.

Remittances from Africa posting the sharpest rise, soaring 150.3% year-on-year.

Newly established SMEs are exempt from income tax for the first 3 years; businesses transitioning from household businesses to corporate models are exempt for the first 2 years.