BANKING SECTOR STEPS UP ACTION PLAN TO BOOST GREEN CREDIT
At the workshop, on promoting the implementation of the plan organised by the State Bank of Vietnam (SBV), the GIZ Vietnam and the International Finance Corporation (IFC) in Hà Nội, the SBV’s Deputy Governor Đào Minh Tú said: “Green growth is no longer an option, but has become an urgent necessity, especially for developing countries like Việt Nam.
VIETNAM SETS UP COMMITTEE TO BUILD INTERNATIONAL FINANCIAL CENTRE
The Vietnamese government has reiterated its strong commitment to developing an international financial centre by announcing the establishment of the Steering Committee for Regional and International Financial Centre in Vietnam, chaired by Prime Minister Pham Minh Chinh. PM Chinh signed a decision dated May 20 approving the list of members for the committee.
AI-LED STARTUPS GAIN TRACTION IN VIETNAM
AI companies and startups are accelerating their market expansion in Vietnam by leveraging disruptive technology and fostering new growth initiatives. In late April, AnyMind Group announced the acquisition of Vietnamese social and live commerce agency Vibula. As an AI-native company, the acquisition of Vibula enhances AnyMind’s capability to deliver AI-powered live-commerce solutions customised for the Vietnamese market.
IT EXPANSION PLAYS PART IN STATE BUDGET REVENUE RISE
State budget revenues have soared since last year, thanks in part to a focus on digital technology. The Ministry of Finance (MoF) last week reported updated figures in budget state revenue for 2024. Total revenue reached $81.75 billion, up by $13.7 billion or 20 per cent over the initial estimate, and by $6.82 billion or 8.4 per cent as compared to the sum earlier reported to the National Assembly (NA).
VIỆT NAM BOOSTS RICE TRADE THROUGH 2030 WITH NEW MEASURES
To enhance rice exports through 2030, the Ministry of Industry and Trade (MoIT) has rolled out a series of new measures focused on stricter oversight, faster implementation of the national export strategy, and stronger trade promotion efforts. These solutions were introduced by the MoIT’s Export-Import Department during a conference held in the Mekong Delta province of Tiền Giang on Tuesday.
INFOGRAPHIC SOCIAL-ECONOMIC SITUATION IN APRIL AND THE FIRST 4 MONTHS OF 2025
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
WEBINAR: "NAVIGATING 2025 VIETNAM'S NEW TAX LAW CHANGES"
We are pleased to invite you to our upcoming webinar, where we will discuss the most important recent changes in tax regulations, including:
• Decree 70/2025/ND-CP on invoices and documents - effective 1st June 2025
• Law on Value-Added Tax - effective 1st June 2025
VN SPEEDS UP 5G INFRASTRUCTURE DEVELOPMENT
Vietnamese telecom service operators are accelerating the development of 5G infrastructure, part of the effort to achieve the goal of nationwide 5G coverage by 2030. Statistics of the Ministry of Science and Technology showed that a total of 11,591 5G base transceiver stations (BTS) have been installed as of early May, covering around 26 per cent of the population.
