economic development

A Vietnamese flag waving atop a historic tower surrounded by lush trees in Vietnam, symbolizing national pride and the country's efforts to attract foreign investment through visa exemption policies.

Vietnam Expands Visa Exemption to Attract Foreign Investment

In a strategic move to revitalize its tourism sector, the Vietnamese government has introduced visa exemptions for citizens of 12 countries, effective from August 15, 2025. This policy aims to stimulate inbound travel and, by extension, create ripple effects in investment and real estate markets. Key Details of the New Visa Exemption Policy The government's Resolution No. 229/NQ-CP grants visa-free...

Group of officials discussing plans at International Financial Center development site in Vietnam.

International Financial Center: Vietnam’s Golden Opportunity

By late 2025, Vietnam will officially launch two international financial centers in Ho Chi Minh City (HCMC) and Da Nang, as approved by the Prime Minister. This strategic move aims to attract global investment, drive economic growth, and elevate Vietnam’s position on the global financial map. With massive capital needs for infrastructure projects, this initiative is both an opportunity and a catalyst for...