The People's Committee of Ha Nam province and the Korea Overseas Infrastructure and Urban Development Corporation (KIND) on July 15 signed a Memorandum of Understanding (MoU) on establishing a strategic cooperation framework on smart urban area and hi-tech zone projects in the northern province.

VOV.VN - It is expected that Vietnam will no longer offer tax incentives such as corporate income tax exemption and reduction as of 2025 in a bid to improve the capacity of public finance for infrastructure investment, said Minister of Finance Ho Duc Phoc.

VOV.VN - Vietnam’s leading electric vehicle maker Vinfast on July 15 broke ground on its new electric vehicle assembly plant in Subang of West Java in Indonesia.

Hydrogen de France (HDF Energy), a French energy company that has been present in Vietnam since 2022, has inaugurated its first fuel cell factory in Bordeaux of France, which is expected to lay a foundation for the launch of its “green” hydrogen factories in Vietnam and other countries in the future.

Banks lent more than VND480 trillion (US$18.88 billion) to economic entities in June, demonstrating the sector’s efforts in concretising the Government’s credit goal of 5-6% to the end of Q2.

Franchise is becoming a popular business model in the domestic and international food and beverage (F&B) sector.

Vietnam raked in US$114 million from tra fish export to the signatory nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as of June 15, a year-on-year increase of 10%, according to the General Department of Vietnam Customs.

Export revenue of the leather, footwear and handbag sector is predicted to hit US$26-27 billion in 2024 on the basis of the positive results seen so far, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).

Authorities have continuously warned Vietnamese businesses to stay prudent when trading with foreign partners in the face of a recent scam increase.

VOV.VN - The economic potential of the Vietnamese market is undeniable, and the European business community remains confident in its long-term growth, said the European Chamber of Commerce in Vietnam (EuroCham) in its Business Confidence Index (BCI) report for the second quarter of the year.