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The reduction is due to two mergers and termination of three departments.

The government has ordered inspections of commercial banks that have raised deposit interest rates and mandated strict penalties for non-compliance, all aimed at achieving an 8 percent growth target.

The establishment of a free trade zone in Đồng Nai is expected to boost trade, investment and create jobs, while contributing to developing an ASEAN logistics hub.

The pharmaceutical industry is key and needs to focus resources on promoting development to keep pace with modern medical advances.

Each network of centres should be able to attract at least a hundred Vietnamese and foreign scientists and experts to teach and conduct research in Việt Nam, said the Deputy

The State Bank of Việt Nam (SBV) suggested that the establishment of digital banks should be postponed to January 1, 2027.

A report by market research firm Statista highlights that Việt Nam’s e-commerce market is currently dominated by major platforms such as Shopee, TikTok Shop, Lazada, and Tiki.

Financial institutions were directed to cut operational costs, streamline procedures, adopt technology, and restructure operations to enhance efficiency.

The Netherlands is currently Việt Nam’s largest European investor and second-largest export market, according to Vietnamese Trade Counsellor to the Netherlands Võ Thị Ngọc Diệp.

Authorities of Bình Dương pledges to create favourable conditions for Japanese investors, affirmed Bùi Minh Thanh, Vice Chairman of the provincial People’s Committee on February 24.