Enterprise

Vinfast, the electric vehicle manufacturing arm of Vingroup, is gearing up for an exciting future. Their state-of-the-art factory, located in the Vung Ang Economic Zone, Ha Tinh, will commence operations in June 2026 with an impressive annual capacity of 400,000 vehicles.

The Saigon Centre, a prominent mixed-use development project, stands as one of this Singaporean giant's most remarkable endeavors.

"The concept of digital assets is no longer just an idea for Vietnamese people; it has now become a part of everyday life for families. "

According to Tien Phong Newspaper's sources, Trung Linh Phat Limited Company, a key petroleum trader in Ninh Binh province, tops the list of local tax debtors with an outstanding tax liability of over VND 195.8 billion. Notably, this company has just had its business license revoked by the Ministry of Industry and Trade.

Despite a challenging economic landscape, Vàng Lào Cai has persevered through difficult times. From 2020 onwards, the company experienced a hiatus in sales and service revenue, culminating in a challenging year in 2023, with a loss of nearly 14 billion VND. As of the end of 2023, the cumulative loss exceeded 113 billion VND.

China's restriction on the export of critical minerals has led to the US planning tariffs on mineral imports from the country, shifting the world's focus onto safe and sustainable suppliers outside of China.

In the context of exports recording many positive results but still facing challenges, Vietnamese businesses need to be proactive in innovation, build long-term strategies, and focus on investing in technology and people. They must also take advantage of free trade agreements (FTAs) to expand their markets and stay competitive in the global economy.

Informal labor in Hanoi is predominantly found in sectors that are transient in nature and do not require high skill levels. As a result, their income is significantly lower than that of formal workers.

As of December 2024, a host of new economic and social policies will come into effect. These include regulations on goods promotion and housing guarantees, as well as adjustments to import and export taxes, changes to bond issuance, and the revocation of certain circulars in the finance and banking sector.

Scammers have been impersonating official documents with the signature of the Minister of Labour, Invalids and Social Affairs, even going as far as using images of the Ministry's leaders working with foreign partners to gain the trust of unsuspecting job seekers looking for employment abroad.