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SBV proposes allowing foreign banks to use local accounts for international payments

SBV proposes allowing foreign banks to use local accounts for international payments

The State Bank of Vietnam (SBV) has proposed foreign credit institutions be allowed to use accounts opened at Vietnamese banks for international payment and money transfer services to facilitate international payment and promote financial integration.
Balance critical as Việt Nam considers higher foreign ownership in aviation

Balance critical as Việt Nam considers higher foreign ownership in aviation

It is critical to strike a balance between attracting foreign investment and safeguarding national interests as Việt Nam considers raising the foreign ownership cap in the aviation sector, a move aimed at easing capital constraints while maintaining control over a...
Việt Nam, Cambodia seek stronger economic, investment cooperation

Việt Nam, Cambodia seek stronger economic, investment cooperation

A Cambodian official reaffirmed openness to Vietnamese firms, urging investment in digital transformation, renewable energy, agro-processing and services to build sustainable partnerships.
ODA capital, foreign preferential loans will add up to over 38 billion in next five years

ODA capital, foreign preferential loans will add up to over $38 billion in next five years

The use of foreign loans will be based on careful assessment of loan conditions, effectiveness, solvency and public debt safety.
POSCO to invest over 400 million in battery materials plant in Thái Nguyên

POSCO to invest over $400 million in battery materials plant in Thái Nguyên

POSCO Future M, a subsidiary of the Republic of Korea’s POSCO Group, has ed Sông Công II Industrial Park in the northern province of Thái Nguyên to build its first large-scale battery materials plant in Việt Nam, according to Viglacera...
HCM City posts strongest Q1 growth in five years

HCM City posts strongest Q1 growth in five years

HCM City’s economy expanded by 8.27  per cent in the first quarter of 2026, the highest growth rate for the same period in the past five years, underscoring a sustained recovery and setting a solid foundation for faster expansion in...
Việt Nam seeks to put its financial centre on the global capital radar amid shifting flows

Việt Nam seeks to put its financial centre on the global capital radar amid shifting flows

Việt Nam is positioning its international financial centre to tap shifting global capital flows, focusing on niche segments, competitive costs and a modern regulatory framework to attract strategic investors.
Malaysia appreciates Việt Nams competitive edge in investment attraction

Malaysia appreciates Việt Nam’s competitive edge in investment attraction

Speaking at the New Japan–Malaysia Industrial Cooperation Seminar, Nazir Razak, Chairman of the ASEAN Business Advisory Council (ASEAN-BAC) Malaysia, acknowledged growing competition from regional economies such as Việt Nam, which benefits from political stability, an abundant labour force, and a...
Sembcorp wins approval for AI-ready data centre campus in HCM City

Sembcorp wins approval for AI-ready data centre campus in HCM City

According to the company, the proposed development will cover about 4.5 hectares and be built in phases, with total computing capacity of up to 90MW.
Italian food firms eye opportunities in Việt Nam

Italian food firms eye opportunities in Việt Nam

Italy’s exports of food and beverages to Việt Nam reached 105.1 million euro in 2025, up 4 per cent year-on-year, positioning the country among the leading EU suppliers to the Vietnamese market.
Việt Nam pledges best possible conditions for US investors

Việt Nam pledges best possible conditions for US investors

Việt Nam is committed to accompanying and providing the most favourable conditions for foreign investors in general and US enterprises in particular to invest and operate successfully at the Việt Nam International Financial Centre.
Amended law boosts foreign inflows

Amended law boosts foreign inflows

The 2025 revision introduces a number of reforms, including reducing the number of conditional investment and business sectors and easing requirements for foreign investors establishing companies in Việt Nam.
HCM City attracts over 2-billion investment for AI data centre

HCM City attracts over $2-billion investment for AI data centre

The project is expected to have a total investment of about $2.1 billion and will be implemented by a joint venture between AIC, Kinh Bắc City Development Holding Corporation (KBC) and other partners.
Việt Nam becomes vital player in global semiconductor value chain: Deputy PM

Việt Nam becomes vital player in global semiconductor value chain: Deputy PM

Vietnamese companies have also gradually joined the global value chain by improving their capabilities in chip design, production and related services. Notably, a semiconductor chip manufacturing plant project developed by the Viettel Military Industry and Telecoms Group (Viettel) has already...
Foreign disbursements hit five-year high in two months

Foreign disbursements hit five-year high in two months

Realised foreign investment rose 8.8 per cent in January-February from a year earlier, according to the National Statistics Office (NSO) under the Ministry of Finance.