Infographics: Vietnamese UNESCO sites on list of best destinations to visit in Southeast Asia

Kinh Bac City Development Holding Corporation has signed an MoU with Accelerated Infrastructure Capital (AIC) and VietinBank to jointly develop a 200MW AI data centre in Tan Phu Trung Industrial Park, Ho Chi Minh City.

Major arterial roads being launched and upgraded are creating new space and momentum for Hung Yen province's rapid, sustainable development.

Foreign direct investment (FDI) disbursement was estimated at $21.3 billion in the first 10 months, up 8.8 per cent on-year, the highest value for a ten-month period in the past five years.

Major amendments to tax laws are set to modernize administration, adjust personal income tax thresholds, and ensure fairness reform and transparency in line with economic goals.

Minister of Finance Nguyen Van Thang has said that many projects have reached the end of their official development aid (ODA) loan agreements but have not fully disbursed the funds, leaving constructions unfinished and forcing them to seek other funding sources.

Renewable energy, environmental, social, and governance (ESG), and a roadmap for developing an International Financial Centre were key pillars of discussion from more than 200 high-level leaders, entrepreneurs, and senior managers from leading British and Vietnamese companies at the first UK-Vietnam Business Summit held on November 5 in Ho Chi Minh City.

As Vietnam’s financial system enters the year-end credit surge, banks are facing tighter liquidity amid global headwinds. Nguyen Duc Huy, sector lead analyst at VIS Rating, spoke with VIR’s Hong Dung about how the sector is managing funding costs and maintaining stability.

Banks recorded solid third-quarter earnings, with strong gains from foreign exchange trading helping cushion the impact of slower credit growth.