As the EU Deforestation Regulation (EUDR) is about to officially take effect on December 31, 2024, Vietnamese enterprises have been advised to act quickly to comply with this rule to sustain exports to this major market.

Prime Minister Pham Minh Chinh on August 27 chaired the Government’s law-building session which focused on debating the draft Law on State Capital Management and Investment in Enterprises (revised), the draft Law on Teachers, and the draft Law on Digital Technology Industry.

A trade and investment promotion conference between Ho Chi Minh City and China’s Guangxi Zhuang Autonomous Region was held in Vietnam’s southern largest economic hub on August 27.

Vietnam is in a special position to lead artificial intelligence (AI) innovation in Southeast Asia, said Nguyen Duc Toan, Country Director of Google Cloud, at the GenAI Summit 2024, which opened in Ho Chi Minh City on August 19.

A seminar has been held in the US to connect businesses of Vietnam and the US, as well as seek cooperation opportunities in the fields of energy, manufacturing, insurance and finance.

The Government earned over VND149 billion (US$5.93 million) from capital divestment at four State-owned enterprises during January – July, the Ministry of Finance (MoF) said on August 12.

A wide range of activities to promote financial technology (Fintech) will be held within the framework of the Ho Chi Minh City Fintech Road 2025.

To support micro and small enterprises to accumulate capital and develop business, the Ministry of Finance (MoF) has proposed lowering the corporate income tax rate to 15-17% for those with a total revenue of no more than VND50 billion (US$1.99 million), instead of the current flat rate of 20%.

Vietnamese leading investors like Vingroup, TH Group, FPT, and Vinamilk have affirmed their intention to continue expanding their investments abroad in the coming time, given their effective business activities in the host countries.

Enterprises in the Central Highlands provinces of Vietnam inked 36 memorandums of understandings with partners from the Republic of Korea (RoK) at a trade promotion conference held in Lam Dong province on August 1.