Category Archives: News

Bac Ninh Exports: Leading Vietnam’s Industrial Revolution

Bac Ninh: From Industrial Capital to Number 1 in Exports

Bac Ninh Exports: Leading Vietnam’s Industrial Revolution Bắc Ninh has officially achieved a historic milestone. It has successfully risen from rural origins to become Vietnam’s premier high-tech industrial hub. Consequently, the province has secured the number one position nationwide for Bac Ninh exports. This signals a significant shift. Now, quantity is effectively matched by quality, […]

A new tax policy

Understanding the Impact of Vietnam Tax Reform on Household Businesses The landscape for household and individual businesses in Vietnam is undergoing a significant transformation. Starting January 1, 2026, the country will officially replace its traditional presumptive taxation regime with a declaration-based system. This shift, which is part of a comprehensive Vietnam tax reform initiative, pivots […]

7 HCM City Strategic Growth Sectors: A 2026-2030 Vision

7 HCM City Strategic Growth Sectors: A 2026-2030 Vision Following integration with neighboring regions, Ho Chi Minh City has evolved into a quintessential service economy. Currently, the service sector accounts for a substantial 60-65% of the city’s Gross Regional Domestic Product (GRDP). However, to maintain momentum, the government is pivoting toward HCM City strategic growth […]

Specialized Economic Zone to be established in Hai Phong

Hai Phong Specialized Economic Zone: A New Era of High-Tech Growth Consequently, following a period of strategic planning, Deputy Prime Minister Tran Hong Ha has officially signed a Prime Ministerial decision on establishing the Hai Phong Specialized Economic Zone (EZ) in the northern port city. This strategic move aims to transform the region into a […]

Energy Storage Solutions in Vietnam: ACCV & Korean MOU

ACCV Partners with Korean Companies to Advance Energy Storage Solutions in Vietnam Asia Clean Capital Vietnam (ACCV) has officially signed Memoranda of Understanding (MOUs) with Nosafood and Speed Vina to accelerate the development of energy storage solutions in Vietnam. This collaboration focuses on deploying Battery Energy Storage Systems (BESS). In particular, the project integrates these […]

Ho Chi Minh City to pour $270M into road expansion to ease western gateway congestion

Vinh Loc Road before the expansion

Vinh Loc Road Expansion: HCMC Pours $270M to Ease Congestion Years of gridlock at one of Ho Chi Minh City’s most congested western gateways could finally ease. The city has recently approved nearly VND7 trillion ($270 million) for the Vinh Loc Road expansion, a key artery serving multiple industrial zones. The Ho Chi Minh City […]

Steel industry development strategy approved

Steel Industry Development Strategy: Vietnam Sets Bold Targets for 2050 Vietnam is poised to significantly transform its industrial landscape. Under Prime Ministerial Decision No. 261/QD-TTg, signed by Deputy Prime Minister Bui Thanh Son on February 9, a comprehensive steel industry development strategy through 2030, with a vision toward 2050, has been officially approved. This strategic […]

PM calls for more investment from Japan

Japan Investment in Vietnam: PM Chinh Calls for High-Quality Growth HANOI — Prime Minister Pham Minh Chinh has called on the Japan Chamber of Commerce and Industry (JCCI) and its Japan–Mekong Economic Committee to step up coordination with Vietnamese ministries to enhance the quality and scale of Japan investment in Vietnam. Prime Minister Pham Minh […]

Vietnam Implements 14th National Party Congress Resolution for a New Era

  The national conference to disseminate and implement the 14th National Party Congress Resolution officially concluded on February 7. This major event, organized by the Politburo and the Secretariat, sets the stage for a transformative period in Vietnam’s political and socio-economic landscape. A Vision from Party General Secretary To Lam General Secretary To Lam delivered […]

PMs of Vietnam, Cambodia, Laos meet in Phnom Penh

Vietnam Cambodia Laos Cooperation: PMs Forge Strategic Ties The Prime Ministers of Vietnam, Cambodia, and Laos convened in Phnom Penh on February 6, marking a pivotal moment for Vietnam Cambodia Laos cooperation. In a high-level working session, PM Pham Minh Chinh, PM Hun Manet, and PM Sonexay Siphandone agreed to shift their focus from mere […]