The Vietnam Association of Realtors (VARS) has proposed allowing foreigners to purchase and own houses, including private houses and apartments, in Vietnam during the time they work in the country.

VOV.VN - The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been named winner of the Best Sustainable Finance 2023 awards from Global Finance magazine.

VOV.VN - Many Japanese economic experts have recommended making the 50th anniversary of Vietnam-Japan diplomatic ties a milestone to bring the two countries' relations into a new era by promoting private investment in the nation by Japanese enterprises towards common prosperity between both nations.

Shortly after the Ministry of Transport issued a new circular extending the roadworthiness certificates of private-use cars of up to nine seats for six months, Vietnam Register has made a clarification, saying only vehicles whose inspection certificates expire before July 1, 2024 will enjoy the automatic extension.

Prime Minister Pham Minh Chinh on May 20 emphasised the importance of a global approach, multilateralism, self-reliance of every country, and extensive international cooperation to realise sustainable development, climate change responses, emission reduction, and energy transition.

The engagement of the private sector in green and sustainable growth is crucial for Vietnam to complete its target of achieving net-zero emission and raising the green economy scale to US$300 billion in the total national GDP value in 2050, according to experts.

Bamboo Airways is planning to raise its charter capital to VND30 trillion (nearly US$1.3 billion) to restructure its debts and increase capital for its core and support business activities.

Vietnam's increased demand for infrastructure development in the coming years requires governmental policies that encourage the private sector's participation, said economists and policymakers.

Green transition in Vietnam would require new investments in at least 60% of the country's infrastructure, according to PwC.

Vietnam will focus on developing its private sector to turn it into an important driving force for the socialist-oriented market economy, contributing to rapid and sustainable socio-economic development and improving the economy's self-reliance.