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Govt approves power line project to boost supply in north

HCMC – The Government has approved a 500kV power transmission line project worth over VND3 trillion to bolster electricity supply in the country's northern...

Banks seek inclusion in VAT reduction plan

HCMC - The Vietnam Banks Association has proposed a two-percentage-point reduction in value-added tax (VAT) for banks, citing the challenging economic conditions this year...

VinaCapital projects Vietnam’s GDP growth at 6.5% in 2024

HCMC - Investment management firm VinaCapital has projected Vietnam's GDP could expand by 6.5% next year, signaling an acceleration from the slowdown this year. The...

Vietnam plans to borrow over VND676 trillion in 2024

HCMC – The Government of Vietnam has announced its plan to borrow over VND676 trillion (or nearly US$27.5 billion) next year, with 55.2% of...

Land clearance extension proposed for Long Thanh airport

HCMC - The Government has asked the National Assembly for approval to extend until the end of 2024 land clearance, compensation and support for resettlement...

Outstanding real estate loans surge

HCMC – Outstanding loans owed by real estate businesses had reached VND986.5 trillion as of August 31, up 27% against the same period last...

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