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The other holds that the maximum interest rate for Vietnamese đồng-denominated deposits with terms of less than one month of organisations and individuals at credit institutions and foreign bank branches is 0.5 per cent per year. Additionally the maximum interest rate applied to deposits with terms from one month to less than six months is 4.75 per cent per year.

Real estate companies are vigorously seeking available land to prepare for a new wave of investment in 2025.
The Ministry of Construction’s October report highlighted that legality, liquidity, and land use fees are the primary considerations for businesses selecting land investments.

Vietnam is advancing new mechanisms and incentives to strengthen workforce quality as part of a strategy to engage high-tech investment and enhance its economic competitiveness. The government announced at a recent National Assembly (NA) session that it would increase investments in education and training quality in the next few months.

The policy outlines the GDC's objectives to enhance the effectiveness and efficiency of State customs management, align with development and international integration needs, and streamline the import, export and transit of goods, as well as the entry, exit and transit of means of transport.

Join global experts from Hong Kong, Australia, and other leading markets, along with Vietnam's green building leaders, to explore tailored solutions that can help our nation reduce emissions and build sustainably. We will delve into Hong Kong's climate change framework for the built environment, learn from practical case studies, and define a clear, actionable roadmap for Vietnam’s green building industry.

During a recent seminar on the development of Việt Nam’s modern and sustainable construction materials sector on November 9, Lê Trung Thành, head of the Department of Building Materials at the Ministry of Construction, revealed that the industry generated around US$47 billion annually, contributing 11 per cent to the national GDP.

Loosening monetary policy and credit incentive packages are aimed at easing exchange rate pressures and supporting exporters during the festive period and year ahead. At the National Assembly session last week addressing plans for economic and social development in 2025, lawmakers proposed loosening monetary policies to support specific sectors, including export enterprises.

Established in 2001 on over 16 hectares in Khai Quang Industrial Park, Vietnam Precision Industrial No. 1 Co., Ltd (VPIC1) is a key investor contributing significantly to the province. Affiliated with Eurocharm Group (Taiwan), VPIC1 manufactures components for automobiles, motorbikes, snowmobiles and medical equipment.