Ministry proposes extending visa-free stay to 30 days, e-visa to 90 days (23/03/2023)
E-visa holders might be able to stay in Vietnam for up to 90 days, three times longer than the current 30 days, according to a proposed amended Law on Foreigners’ Entry into, Exit from, Transit Through, and Residence in Vietnam.

Stock market violations to face stricter sanctions (23/03/2023)
The State Securities Commission (SSC) will review the Law on Securities and related decrees to complete the legal framework, and strengthen sanctions for violations to protect the legitimate rights and interests of investors.

Largest-ever US trade delegation seeks more trade and investment (23/03/2023)
Leading enterprises in the United States, such as AES, Meta, SpaceX, VISA, and Boeing are looking forward to expanding business activities and demonstrating America’s long-term commitment to Vietnam.

Vietnam – fourth biggest rubber supplier of RoK (23/03/2023)
Vietnam was the Republic of Korea (RoK)’s fourth largest supplier of rubber in the first two months of 2023, according to the Import-Export Department under the Ministry of Industry and Trade.

Vietnam rice price on top of the world (23/03/2023)
Vietnamese 5% broken rice has been the most expensive in the world since August last year, surpassing rivals Thailand and India, according to the Ministry of Industry and Trade.

Japan becomes largest consumer of Vietnamese crab (23/03/2023)
Vietnam’s export of crab and other crustaceans to Japan generated US$8.1 million during the first two months of the year, up 128% compared to the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VN textile, garment firms switching to green production (23/03/2023)
Textile and garment businesses in Vietnam are taking steps to switch to green production to meet partners’ demand and achieve sustainable development, the Cong Thuong (Industry & Trade) newspaper reported.

Vietnam posts trade surplus of nearly US$3 billion by mid-March (22/03/2023)
With the country’s total import-export turnover reaching nearly US$123 billion between January 1 and March 15, the nation enjoyed a trade surplus of roughly US$3 billion, according to figures released by the General Department of Vietnam Customs.

Dragon fruit export turnover reaches 47 million USD (22/03/2023)
The Ministry of Agriculture and Rural Development has announced that the country’s total export value of dragon fruit so far this year topped 47 million USD, a fall of 48.7% compared to the same period las year.

Vietnam strengthens exports as growth driver (22/03/2023)
Vietnam is forecast to remain one of the fastest-growing economies in Southeast Asia but exports, a main growth driver, might weaken as major central banks in the world tighten their monetary policies, affecting the sale of Vietnamese goods.

Vietnam to reduce unofficial exports over land borders (22/03/2023)
Vietnam will begin reducing its unofficial exports in 2025 to prevent congestion at land borders, especially with China, according to a draft government decree.

Minister hopes US becomes biggest investor in Vietnam (22/03/2023)
Minister of Planning and Investment Nguyen Chi Dung has voiced his hope that US enterprises will become the biggest investor in Vietnam to seize every cooperation opportunity in the countries’ development process on the basis of equality, mutual respect, and mutual benefits.

Vietnam seeks new investor incentives as cross-border tax rules loom (22/03/2023)
Vietnam has set up a special panel to find ways to stay competitive for investors when new OECD cross-border tax rules take effect, its central bank said on Tuesday, amid concerns it could negate the benefits of its current tax incentives.

Property acquisitions on the cards as cash-strapped developers sell out: analysts (22/03/2023)
There will be a mergers and acquisitions boom in the property market over the next year as cash-strapped developers sell assets, analysts have forecast.

Foreign associations want dollar interest rate cap removed (22/03/2023)
Foreign business associations have proposed the State Bank of Vietnam (SBV) remove the U.S. dollar interest rate cap at 0%, reported the local media.

JCCI proposes solutions to promote investment in green energy (21/03/2023)
Japanese companies would like to contribute to a realistic energy transition in Vietnam by promoting private investment in the application of decarbonisation technologies necessary for meeting sustainability goals, according to the Japanese Chamber of Commerce and Industry (JCCI).

KoCham raises foreign workers residence issue at VBF (21/03/2023)
The ongoing issue of residence rights of foreign workers in industrial zones (IZs) has been raised at the Vietnam Business Forum (VBF), highlighting the concerns of the Korean business community.

VN pharma companies urged to invest in R&D, improve competitiveness (21/03/2023)
It is critical for pharmaceutical companies to improve competitiveness with a focus on research and development (R&D), production technology and digitalisation.

Vietnam to promulgate policy to implement global minimum corporate tax (21/03/2023)
The Government is consulting experience from other countries and strives to promulgate policy to implement global minimum corporate tax this year, said Prime Minister Pham Minh Chinh.

Agricultural exports to newly opened China surge (21/03/2023)
Traders are busy buying the best quality durian, jackfruit, cassava, and cashew nut possible to export to China, whose demand seems to be insatiable.