Up to 293,000 products featuring Labubu and Baby Three were sold through the top 30 stores on Shopee and TikTok Shop in Q2 2024.

The project, expected to cost over VNĐ4.56 trillion (US$62 million), will span over 437ha in Mỹ An and Mỹ Thọ communes, Phú Mỹ District.

While domestic power sources - hydropower, gas power, solar and wind - remain the backbone of the country’s energy strategy, imported electricity serves as a crucial supplement to meet surging demand.

South Korea’s second-largest conglomerate, SK Group, has revealed plans to invest billions of dollars in Vietnam, marking a significant return of Korean investments.

Vietnam has the potential to become an important link in the global battery supply chain due to its rich mineral resources, but much more effort is needed in the research and development of domestic battery production to fully realise this potential.

The Ministry of Finance (MoF) is seeking public feedback on a draft decree proposing an extension for the payment deadlines of value-added tax (VAT), corporate income tax, personal income tax and land rents in 2025.

A report by market research firm Statista highlights that Vietnam’s e-commerce market is currently dominated by major platforms such as Shopee, TikTok Shop, Lazada, and Tiki.

Vietnam’s Ministry of Industry and Trade (MoIT) has announced temporary anti-dumping duties on hot-rolled coil (HRC) steel imported from China, with tariffs ranging from 19.38% to 27.83%.

More than half of FDI firms in Vietnam report continuous losses despite ongoing operations. Experts warn of tax evasion tactics that could distort market competition.

The Ministry of Finance has proposed maintaining the personal income tax (PIT) exemption on interest earned from savings deposits in its draft proposal for a revised Personal Income Tax Law.

The annual export revenue of HAMI’s (Hanoi Association of Main Industrial Products) member companies is $2 billion.

FDI companies in Vietnam are leveraging tax incentives while declaring billions in losses. Experts suggest enhanced tax audits, standardized pricing databases, and global cooperation to curb corporate tax evasion and protect domestic enterprises.

VN will need an estimated VNĐ351.5 trillion (US$13.76 billion) to upgrade its port system by 2030, with VNĐ72.8 trillion for maritime infrastructure and the rest for port terminals.

Modern financial services have gone beyond basic transactions to become intelligent ecosystems personalised by AI.

HCM City is proposing a new policy that would allow authorities to reclaim land left vacant for more than 12 months, even if landowners have paid required fees. The move aims to prevent land waste and boost urban development.

Vietnam is planning financial centers with special real estate policies, including longer land leases and relaxed foreign ownership rules. The proposals aim to attract global investors but face scrutiny over potential risks of market instability.

Cushman & Wakefield stressed that Việt Nam continued to be recognised as an attractive destination for data centre investors.

One of the most notable initiatives is, rather than avoiding or combating adverse weather, this project proposes a range of novel tourism experiences that embrace the seasons, offering tourists a unique perspective on the region.

Global tariff retaliations present opportunities for certain Vietnamese industries and publicly traded companies to gain from increased exports, FDI and supply chain realignments.

With a rapidly growing economy and ambitious infrastructure projects, Binh Dinh is making it easier for businesses to invest. A newly launched hotline and task force will resolve investor issues quickly and efficiently.