Prime Minister Pham Minh Chinh has issued a decision establishing the State Steering Committee for critical national energy programs, projects, and initiatives.

Beginning December 1, all transactions of real estate, foreign exchange and game prizes must be reported to the State Bank of Vietnam (SBV) if they are valued at VND400 million or above each.

HCMC is inviting Indian investors to participate in the city’s major schemes, including 12 metro and monorail projects and eight high-technology ventures.

HCMC could miss its public investment disbursement target this year as a mere 38% of the total has been disbursed so far, according to the HCMC People’s Committee.

Gas stations are teetering on the brink of closure if the Government pushes forward with the immediate enforcement of electronic invoicing, said the Ministry of Industry and Trade.

Authorities have approved an increase in the charter capital of  the management company of Metro Line No. 1 in HCMC, addressing the challenges caused by a shortage of capital that the company has faced in recent years.

Deputy Minister of Planning and Investment Tran Quoc Phuong has reaffirmed Vietnam’s determination to harness technologies for the achievement of net-zero emissions and sustainable development.

The Government has proposed strict sanctions against brokers involved in facilitating Vietnamese fishing boats’ Illegal, Unreported, and Unregulated (IUU) fishing activities in foreign waters.

The allocation for the Long Thanh International Airport resettlement totaled nearly VND22.86 trillion but as of end-2022, VND2.5 trillion that remained undisbursed was removed from the budget, affecting the resettlement progress.

Vietnam is seeing an uptick in investments from the U.S. and Europe, driven by its robust economic growth, skilled labor and reputation as a preferred destination amid the changing investment landscape.