For foreign direct investment (FDI) enterprises, the biggest obstacle in entering a new market is often not infrastructure or logistics, but the predictability of government policy.
Battery electric vehicles (EVs) will remain exempt from first-time registration fees until the end of 2030 under a new decree promoting green transport and domestic EV production.
Nearly 18 billion cashless transactions were recorded in the first nine months of this year, with total value surpassing VNĐ260 quadrillion (nearly US$10 billion).
The Ministry of Finance will pilot electronic tax payments via payment service providers under a new circular on e-transactions for exports, imports, transit goods and vehicles in Việt Nam.
Relevant authorities are requested to swiftly implement measures to encourage non-cash transactions, enhance direction and guidance, and conduct widespread communication campaigns to promote cashless payments.
Việt Nam''s government plans to introduce a stand-alone Extended Producer Responsibility Decree in the third quarter in 2025, signaling a major step towards refining the country’s waste management and circular economy policies.
Airwallex, a leading global payment and financial platform for growing businesses, will acquire CTIN Pay, an intermediary payment service company licensed in Việt Nam.
Economist Nguyễn Trí Hiếu outlined political stability and security as important factors helping Việt Nam attract international investors in the electronics support industry.
Customers of seven banks, including Vietinbank, BIDV, Vietcombank, Sacombank, TPBank, BVBank and Nam A Bank, can now scan LaoQR codes to make payments in Laos.