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Consequences for Businesses Failing to Increase Minimum Wage: Penalties Explained

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Effective January 1, 2026, businesses are required to adjust minimum wages in compliance with Government Decree 293/2025. Non-compliance will result in penalties and mandatory corrective actions.

Hanoi to Launch New Venture Capital Fund with Initial Capital of VND 600 Billion

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According to Hanoi’s Deputy Chairman, Truong Viet Dung, the city is set to launch an Innovation Center Network alongside a venture capital fund, initially capitalized at 600 billion VND.

2025 Milestones: Phạm Nhật Vượng Invests $1.2B in VinFast’s ‘No Plan B’ Strategy, Trần...

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Vietnam's business landscape is defined by visionary leaders. Billionaires Phạm Nhật Vượng, Nguyễn Thị Phương Thảo, and Trương Gia Bình are global power players, while Bùi Thành Nhơn and Đoàn Nguyên Đức are masterminds of corporate revival.