BESS is no longer viewed as auxiliary equipment but as a core component of the clean-energy ecosystem. The technology enables the storage of renewable electricity, stabilises grid frequency, eases transmission congestion and smooths peak and off-peak loads.
A large wave of closures is prompting renewed scrutiny of Việt Nam’s bankruptcy law, as many argue that the current framework neither reflects market realities nor provides an effective safety net for struggling firms.
The Vietnam Chamber of Commerce and Industry (VCCI) has reported to the Prime Minister on numerous difficulties facing the business community related to value-added tax (VAT) policies, particularly in the agricultural, forestry and fisheries sectors.
Under the plan, all business households nationwide will switch to a self-declaration and payment, starting from January 1, 2026, putting an end to lump-sum tax mechanism that has been in place for decades.
To ensure that policies are implemented effectively, fairly, and sustainably, it is urgent to amend and supplement the Land Law, particularly regarding the land valuation mechanism.
With the Law on Geology and Minerals 2024 coming into effect on July 1, 2025, the sector is expected to enter a new era of transparency, efficiency and sustainability, but it requires collective commitment from regulators, enterprises and the community...
Experts said taxing profits would be ideal, but is too challenging due to household businesses'' lack of accounting systems. Most operate informally, without financial statements or detailed cost tracking, making profit figures difficult to verify and vulnerable to manipulation.
One catalyst behind this trend is unverified information about potential administrative changes — notably plans to merge districts or upgrade rural areas into provincial centres.
