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NA okays special mechanisms for metro development in Hanoi, HCMC

HCMC – The National Assembly issued a resolution today, February 19, introducing special mechanisms for urban railway development in Hanoi and HCMC, with all...

HCMC public employees to receive huge compensation for job losses

HCMC – HCMC will allocate nearly VND17 trillion to compensate 7,159 public sector employees affected by a massive staff reduction. Each individual will receive...

Vietnam to inject extra VND84.3 trillion into public investment

HCMC – Vietnam plans to allocate an additional VND84.3 trillion from increased revenue and budget savings in 2024 to accelerate infrastructure projects, according to...

NA passes 8% growth target

HCMC – Legislators have approved an economic growth target of at least 8% for 2025, with the country's gross domestic product (GDP) expected to...

HCMC eyes VND620-trillion investments in 2025

HCMC – HCMC aims to mobilize VND620 trillion for investment this year, reported the local media. The funds will come from state capital amounting to...

Finance Ministry seeks tax break extension for electric vehicles

HCMC – The Ministry of Finance has proposed extending the registration fee exemption for electric vehicles (EV) for an additional two years, according to...

Phan Van Mai elected as head of NA Economic and Financial Committee

HCMC – The National Assembly (NA) today elected Phan Van Mai, chairman of the HCMC People’s Committee, as chairman of the newly formed Economic...

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