Taxes and fees to be paid when transferring ownership of a property in 2024

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When transferring ownership of the Red Book, parties are obligated to pay personal income tax and registration fees as required, unless exempted.

The Future of Vietnam’s Urban Landscape: Are 13 Centrally-Governed Cities and Two Special Metropolitan...

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Vietnam will have two special administrative-economic units among its future 13 municipalities under the central government.

The Soaring Delays: Over a Quarter of Vietnamese Airlines’ Flights are Running Late

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The average on-time departure performance of airlines for the first three quarters of 2024 was a mere 74.2%, a disappointing decline compared to previous years.

Nearly 100 ‘immobile’ flights at Noi Bai due to lingering fog

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This morning (2/2), nearly 100 flights were unable to take off or land at Noi Bai International Airport - Hanoi due to dense foggy weather.

Unlocking Transport Potential: Vietnam’s Ambitious 2025 Infrastructure Plan

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The Ministry of Transport has outlined its investment plans for 2025, with an estimated total capital expenditure of VND 87 trillion.

Vietnam’s largest province, yet still feels like a ‘tight-fitting shirt’, population of the dependent...

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The Deputy Minister of Construction stated that currently, Nghệ An province is like a tight-fitting garment in terms of development. Changing the functions of urban areas will contribute to the economic and social development, not only for Vinh City but also for the entire region.

Comprehensive regional connectivity

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In addition to building strong physical infrastructure, Ho Chi Minh City needs to strengthen its soft connections with other provinces in the region in order to promote economic development. This includes prioritizing the training of skilled workforce and ensuring access to quality healthcare.

Vietnam’s Largest Deep-water Port Town is Set to Become a Thriving City with Investments...

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Previously, this chaebol has invested $3.5 billion in projects in various major cities such as Hanoi, Ho Chi Minh City, Dong Nai, and Ba Ria - Vung Tau.

The Devastating Aftermath of Storm No. 3 on Cat Ba Island

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The third storm ravaged the tourist town of Cat Ba, causing extensive damage to hundreds of restaurants, hotels, businesses, homes, and public infrastructure. The devastation left Cat Hai town, Hai Phong city, in ruins.

Increase ticket prices for 4 high-traffic express routes starting from 1st February

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Starting from 00:00 on February 1st, Vietnam Expressway Corporation (VEC) has officially increased toll fees on four expressways invested and operated by the company.

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“Vietnam Aims for Eco-Industrial Revolution: First Eco-Certified Industrial Parks Still a Dream”

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The concept of an eco-industrial park is novel to Vietnam, with no certified eco-industrial parks in existence as of yet. While a select few industrial parks have begun to experiment with eco-friendly, circular, and waste-recycling models, their presence is minimal. Notably, there have been instances of "greenwashing" by businesses and industrial parks, where claims of environmental sustainability are exaggerated or misleading.

The Evolution of Lending Rates: A Comprehensive Overview

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With an average lending rate of just 6.29% annually, a decrease of 0.64% from last year, affordable loans are now more accessible to individuals and businesses alike.

The Art of Thai-US Trade Negotiations: Ceding Ground for Mutual Gain

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Thailand aims to reduce its $46 billion trade surplus with the United States by 70% over the next five years, working towards a balance between the two nations within 7 to 8 years.