Address by the Prime Minister at the Opening Session of the ASEAN Future Forum
On April 23 in Hanoi, Prime Minister Pham Minh Chinh addressed the opening session of the ASEAN Future Forum. He highlighted Vietnam’s initiative to shape a fast-growing, sustainable, and people-centered ASEAN Community amid profound global strategic transformations.
Vietnam Could Be a Green Hydrogen Production Hub in Asia
Leveraging its extensive coastline and abundant solar and wind resources, Vietnam holds strong potential to become a leading green hydrogen production hub in Asia. The zero-carbon fuel serves as a strategic cornerstone in the nation’s pathway toward achieving net-zero emissions by 2050.
Red Sea Attacks Are Impacting the Global Chemical Industry
Escalating attacks on Red Sea shipping routes have forced maritime carriers to reroute around Africa, prolonging transit times and inflating freight costs. Consequently, these logistics disruptions are driving up prices across global chemical markets, particularly straining import-dependent regions like Europe.
Minister Nguyen Hong Dien: Rigorously and effectively implement new regulations on industrial clusters
Minister of Industry and Trade Nguyen Hong Dien chaired a conference to roll out Decrees 32 and 43, emphasizing the strict and effective implementation of new regulations. These frameworks establish a critical legal foundation to improve technical infrastructure investment and advance industrial cluster development across localities.
Current Status and Trends in BIM Adoption
This article examines the current status and global trends of Building Information Modeling (BIM), highlighting its essential role in modern construction and digital transformation. It further outlines strategic directions for effectively implementing BIM across Vietnam’s smart infrastructure and future urban management.
Imposing VAT to Ensure Fair Competition for Domestic Fertilizers
Vietnam’s upcoming amended Value-Added Tax Law is expected to reform tax regulations for domestic fertilizer manufacturers. Re-imposing VAT on fertilizers seeks to eliminate input tax deduction bottlenecks, revitalizing local production and establishing a level playing field against imported goods.
Ministry of Industry and Trade Holds Consultation on Drafting the Amended Law on Chemicals
The Vietnam Chemicals Agency under the Ministry of Industry and Trade organized a consultation workshop in Hanoi to solicit stakeholder feedback on drafting the revised Law on Chemicals. The session brought together regulatory authorities, domestic and international experts, and leading industrial enterprises to help refine the legislative framework.
Vietnam Rubber Group (GVR) Sees Long-Awaited Relief in Industrial Park Segment
Recent legal and regulatory breakthroughs for key industrial park projects, including Hiep Thanh 1, Nam Tan Uyen 3, and Bac Dong Phu, are set to provide fresh growth momentum for Vietnam Rubber Group (GVR) and substantially expand its industrial land bank over the 2024–2026 period.
Do Not Wait for Enterprises to Ask and Plead Before Taking Action
The Prime Minister has instructed ministries, sectors, and local authorities to proactively foster favorable conditions for business development. Emphasizing responsive governance, he directed officials not to wait for enterprises to petition or raise complaints before taking action to resolve their difficulties.
09 Notable Key Updates in Vietnam's 2023 Bidding Law
Compared to the 2013 Bidding Law, the 2023 Bidding Law officially effective from January 1, 2024 introduces 9 major breakthrough updates governing procurement scope, prohibited acts, bid cancellation, and healthcare supplies.