Standardisation to aid industries in high-speed rail

Standardisation to aid industries in high-speed rail

Vietnam’s aviation is expected to continue its recovery in the upcoming months. At the same time, the expansion of domestic and regional airlines’ fleets and the reduction in fuel prices will be the basis for reducing airfares.
Resolution 68 is a new dawn for Vietnam’s private sector

Resolution 68 is a new dawn for Vietnam’s private sector

The Politburo on May 4 issued Resolution No.68-NQ/TW, a landmark directive poised to redefine the landscape for private enterprise in Vietnam.
Private sector evolution sets long-term foundation

Private sector evolution sets long-term foundation

Vietnam has adopted the unprecedented Resolution No.68-NQ/TW, fully opening the doors for the private sector and demonstrating the country’s strongest determination to elevate Vietnam to new heights.
Pivotal turning point arrives for nation’s private sector

Pivotal turning point arrives for nation’s private sector

Despite its significance, the private sector in Vietnam continues to face challenges.
Strategic pillar now in its rightful place

Strategic pillar now in its rightful place

Now that Resolution No.68-NQ/TW is initiated, the private sector is no longer a supporting force that is subject to institutional barriers.
Growth prospects available for Vietnam’s industrial parks

Growth prospects available for Vietnam’s industrial parks

In an era marked by escalating trade tensions and the imposition of new tariffs by the US, Vietnam and others are indeed the targets for new tariffs imposed by the United States.
From idea to market: fintech sandbox takes shape

From idea to market: fintech sandbox takes shape

Effective from July, a long-awaited controlled testing mechanism for fintech solutions in the banking sector will be established. This will be Vietnam’s first official framework for piloting innovative banking-related technologies under the direct supervision of the State Bank of Vietnam (SBV).
Building medical device law aligned with global practices

Building medical device law aligned with global practices

We all recognise that the medical device industry plays a vital role in both the healthcare system and the national economy. The policies we shape today will determine the accessibility of advanced medical technologies and the quality of healthcare for millions of Vietnamese citizens in the future.
Resolution opens new chapter for investing

Resolution opens new chapter for investing

Framed around the ambition of transforming Vietnam into a high-income economy by 2045, Resolution No.68-NQ/TW lays out comprehensive reforms aimed at improving market governance, strengthening the private sector, and driving sustainable development.
Economic vulnerabilities must be accounted for

Economic vulnerabilities must be accounted for

Vietnam is anticipating higher economic growth this year. Nguyen Ba Hung, chief economist of the Asian Development Bank in Vietnam, talked with VIR’s Thanh Thu about the prospects with key drivers and challenges.
Overall objectives behind real estate transfer tax reform

Overall objectives behind real estate transfer tax reform

The Ministry of Finance is currently reviewing two possible methods for calculating personal income tax on real estate transfers as part of its broader amendment of the Personal Income Tax Law. The goal is to align tax policy with real market conditions while optimising budget revenues.
Incentives must be sufficient for railway progress

Incentives must be sufficient for railway progress

Vietnam’s ongoing draft of the revised Railway Law represents a significant step towards modernising the country’s rail infrastructure and creating a legal framework that could potentially accelerate the development of high-speed rail, conventional networks, and mass rapid transit systems.
Vietnam can improve rail by emulating global systems

Vietnam can improve rail by emulating global systems

The domestic railway industry is yet to attract much private investment, despite efforts to make improvements. Tran Thien Canh, director of the Vietnam Railway Authority, spoke with VIR’s Tung Anh about future expectations and the prospects of revised rules.
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