Business

By 2025, 67 pharmaceutical companies exported drugs and raw materials totaling approximately $312 million, placing Vietnam fourth in Southeast Asia for pharmaceutical exports

According to the proposal, household and individual businesses with total annual revenue not exceeding VND10 billion ($381,000) in 2026 and 2027 will be eligible for a 30% reduction in personal income tax (PIT) for each respective year.

The park will focus on high-tech activities in line with Vietnam’s national high-tech development policies.

Issued in April, Decree No. 112 makes possible the international exchange of greenhouse gas emissions and carbon credits.

The project has an installed capacity of 14 MW, generating approximately 45 million kWh of electricity annually.

The project is expected to provide a foundation for completing one of Vietnam's key strategic seaports while supporting the development of a major logistics hub in central Vietnam.