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More than 86 million bank accounts to be terminated from September 1

More than 86 million bank accounts to be terminated from September 1

The SBV stated that the deletion of over 86 million bank accounts was considered a system cleanup measure.
FOSCO unveils new logo, marking significant shift in brand management

FOSCO unveils new logo, marking significant shift in brand management

Service Company to Foreign Missions (FOSCO) on Wednesday in HCM City officially unveiled its new logo, marking a significant shift in brand management aligning with its unique political mission. 
Over 152,000 new businesses enter the market in first half of 2025

Over 152,000 new businesses enter the market in first half of 2025

In the first six months of 2025, a total of over 152,700 enterprises were newly established or resumed operations, an increase of 26.5 per cent compared to the same period in 2024.
PM approves two new urban areas in Vân Phong Economic Zone

PM approves two new urban areas in Vân Phong Economic Zone

Prime Minister Phạm Minh Chính has recently approved the investment policy for two new urban areas in the Vân Phong Economic Zone in the central province of Khánh Hòa with a total capital of more than VNĐ65 trillion (US$2.5 billion).
Banks end magnetic cards, require biometrics for firms from July 1

Banks end magnetic cards, require biometrics for firms from July 1

From July 1, banks across Việt Nam stopped using magnetic stripe cards and now require biometrics for company accounts to prevent fraud and improve security.
​​​​​​​Korean firm seeks cooperation in developing urban project in Bắc Ninh

​​​​​​​Korean firm seeks cooperation in developing urban project in Bắc Ninh

Chairman of the Bắc Ninh Provincial People’s Committee Vương Quốc Tuấn on Wednesday worked with Lee Han-joon, CEO of the Korea Land and Housing Corporation (LH), to promote cooperation in developing an urban area in the southeastern part of Bắc...
Việt Nam sees 11.3% rise in new, reactivated businesses in five months

Việt Nam sees 11.3% rise in new, reactivated businesses in five months

From January to May, nearly 66,800 new enterprises were licensed, representing a 0.6 per cent year-on-year rise. These firms brought in VNĐ647.1 trillion in total registered capital and employed some 453,900 workers, up 6.2 per cent.
Việt Nam, UK boost agricultural trade ties

Việt Nam, UK boost agricultural trade ties

The UK, with an annual agri-food import value of US$67 billion, is seen as a high-potential market. In 2024, Việt Nam’s agri-export turnover to the UK reached nearly $883 million, a 15.4 per cent year-on-year increase.
Vietnam Airlines expands reach with new routes to Indias tech hubs

Vietnam Airlines expands reach with new routes to India’s tech hubs

In 2024 alone, Vietnam welcomed over 500,000 Indian visitors, ranking India among its top 10 tourism markets.
Enterprise registered capital soars, more than double in Q1

Enterprise registered capital soars, more than double in Q1

According to the General Statistics Office (GSO) under the Ministry of Finance, the country saw the establishment of 36,400 new enterprises in Q1, with a combined registered capital of approximately VNĐ356.8 trillion.
Việt Nams industrial production sees modest growth in January

Việt Nam’s industrial production sees modest growth in January

The 9.2 per cent month-on-month decline was attributed to fewer working days in January due to the Lunar New Year (Tết) holiday
Nearly 76,180 enterprises resume operations in 2024

Nearly 76,180 enterprises resume operations in 2024

A total of 76,179 enterprises resumed operations in Việt Nam in 2024, according to the Agency for Business Registration under the Ministry of Planning and Investment.
UKVFTA provides a solid foundation for British businesses to expand investments in Việt Nam

UKVFTA provides a solid foundation for British businesses to expand investments in Việt Nam

The UKVFTA has fostered British investment in Việt Nam since its 2021 inception, says Britcham Chairman Denzel Eades.
Hòa Phát exports new-generation refrigerators to US

Hòa Phát exports new-generation refrigerators to US

Hòa Phát Group has announced that its subsidiary Hòa Phát Refrigeration Company exported the first batch of Double Inverter two-door top-freezer refrigerators.