Business News

The Reverie Saigon proudly presents "The Luminous Garden," an exquisite mooncake collection for the Mid-Autumn Festival. This collection includes three distinct box designs and eight unique flavours, blending tradition with modernity. Each mooncake symbolizes The Reverie Saigon's wishes for prosperity, harmony, and happiness for all families during this festive season.

Ho Chi Minh City, 30 July 2024 – WHA Industrial Zone 1 – Nghe An Jsc has been recognized with prestigious awards in the Industrial Zone Developer with Green Transformation Strategies category at the Vietnam Industrial Property Forum (VIPF) 2024.

Ho Chi Minh City, 30 July 2024 – WHA Industrial Zone 1 – Nghe An Jsc has been recognized with prestigious awards in the Industrial Zone Developer with Green Transformation Strategies category at the Vietnam Industrial Property Forum (VIPF) 2024.

To support micro and small enterprises to accumulate capital and develop business, the Ministry of Finance (MoF) has proposed lowering the corporate income tax rate to 15-17 per cent for those with a total revenue of no more than 50 billion VND (1.99 million USD), instead of the current flat rate of 20 per cent.

Over the past time, to attract businesses, regional localities have continuously improved their investment and business environment, resulting in a gradual increase in the annual Provincial Competitiveness Index (PCI). However, these have not yet been sufficient to attract significant FDI flows.

Total retail revenue from consumer goods and services in July picked up by 9.4% against the same period last year, with tourism being a primary contributor, according to the Ministry of Industry and Trade’s portal. From January to July, the country’s total retail sales of consumer goods and services were estimated at VND3,635.7 trillion, an 8.7% year-on-year increase.

The more streamlined process was designed to help boost national spending by making personal loans more accessible to the public, said industry experts. Commercial banks have implemented reforms to speed up the development of additional consumer digital products.

Since the system's inception until June 30, bonds from credit institutions dominated the market, constituting 45.7 per cent of total transactions, equivalent to a value of VNĐ324.2 trillion. Meanwhile, bonds from real estate companies accounted for approximately 30 per cent of the market's trading value, reaching nearly VNĐ212.6 trillion.