Want to be in the loop?
subscribe to
our notification
Business News
BA RIA VUNG TAU CALLS FOR INVESTMENT IN FOUR KEY AREAS
The provincial authorities said the province would implement many incentive policies to encourage investment, simplify administrative procedures by implementing a “one stop shop” mechanism, improve infrastructure.
Nguyen Van Binh, Head of the Party Central Committee’s Economic Commission, urged the province to build breakthrough policies to develop industry, seaports, seaport logistics and tourism and boost linkages with provinces in the southern key economic zone.
Meanwhile, Deputy Prime Minister Trinh Dinh Dung said the province needs to further improve business and investment environment, perfect referential mechanisms and policies as well as create favourable conditions for investors.
On the occasion, the province signed four memorandums of understanding (MoU) in the fields of seaport infrastructure, transport and tourism with a total of VND50 trillion (US$2.24 billion).
Source: VIR
Related News
MEMBER CORNER / PROMOTIONS
VIETNAM'S LEADING PLASTICS & RUBBER INDUSTRY EVENT RETURNS THIS SEPTEMBER!
VietnamPlas 2026 will take place from 09–12 September 2026 at SECC, Ho Chi Minh City, bringing together leading brands, cutting-edge technologies, and industry professionals from around the world. Discover the latest innovations across plastics & rubber machinery, raw materials, molds, automation, recycling technologies, and end-use applications—all in one place.
BANKING / FINANCE / INSURANCE / TAX
REMITTANCES TO HO CHI MINH CITY TOP $4BN IN H1 2026
Remittances sent to Ho Chi Minh City topped US$4 billion in the first half of 2026, down nearly 23 percent year on year, despite a modest recovery in the second quarter. The city received more than $2.03 billion in remittances in the second quarter. Tran Thi Ngoc Lien, deputy director of State Bank of Vietnam’s region 2 branch, said the second quarter was the first quarter this year to see remittances to Ho Chi Minh City increase from the preceding quarter, although the pace of recovery remained modest.
VIETNAM ECONOMY INVESTMENT
AMRO UPGRADES VIETNAM GROWTH FORECAST TO 7.5 PER CENT
AMRO released its July 2026 Quarterly Update of the ASEAN+3 Regional Economic Outlook on July 27, projecting Vietnam to grow 7.5 per cent in 2026, up from its June forecast of 7.2 per cent. AMRO also raised its growth forecast to 7.3 per cent in 2027, up from its June forecast of 7 per cent, while revising down its inflation forecasts to 4.3 per cent in 2026 and 3.9 per cent in 2027.
BANKING / FINANCE / INSURANCE / TAX
VIETNAM APPROVES ROADMAP FOR INT’L FINANCIAL CENTERS THROUGH 2035
Vietnam has approved a development plan through 2035 for its international financial centers, with the one in Ho Chi Minh City positioned as a comprehensive global financial hub. Deputy Prime Minister Nguyen Van Thang, chairman of the governing board of the Vietnam International Financial Center, has signed the decision approving the development plan.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
HCM CITY PRIORITISES LOGISTICS INFRASTRUCTURE TO RAISE DIRECT IMPORT-EXPORT THROUGHPUT ABOVE 80%
HCM City aims to increase the proportion of imports and exports handled directly through its seaports, airports, railway terminals and inland container depots (ICDs) to more than 80 per cent during the 2026-30 period. With measures revolving around investment in integrated logistics infrastructure, multimodal transport expansion and digital transformation acceleration, the strategy is intended to reduce logistics costs, enhance competitiveness and support sustainable growth in external trade.
LEGAL UPDATE / POLICY
TAX INCENTIVES DRIVE SMALL BUSINESS INVESTMENT AND EXPANSION
The Ministry of Finance (MoF) has rolled out a series of tax, fee, and charge measures in 2026 to support businesses and individuals while promoting economic growth. Among the most significant measures is the extension of the 2 percentage-point reduction in VAT through the end of 2026. In response to volatility in global energy markets, the MoF has also advised the government and the National Assembly to adopt a series of tax relief measures on petroleum products during 2026.
Events Sponsors
