

Government proposes 2-pp VAT reduction on select goods and services until 2026
A 2-percentage-point reduction in the value-added tax (VAT) for goods and services will lead to a decrease in state revenue by approximately 121.74 trillion VND (over 4.69 billion USD) over the proposed period. This includes an estimated 39.54 trillion VND in the second half of ...

Vietnam’s plan to cut US car tariffs faces limited short-term impact
While the policy reflects Vietnam’s intent to strengthen trade relations with the US, the real impact on car prices will be modest partly because import tariffs are just one part of the vehicle's cost.

Prime Minister calls on WB to help Viet Nam develop strategic infrastructures
The Vietnamese Government always considers the World Bank (WB) a key, close, and trusted partner, noted Prime Minister Pham Minh Chinh during his reception for WB Division Director for Viet Nam, Cambodia and Lao PDR Mariam J. Sherman in Ha Noi on May 15.

Gov’t to renew regulations on gold market management
Prime Minister Pham Minh Chinh has tasked the State Bank of Viet Nam (SBV) to work with relevant agencies to craft a new decree amending and supplementing Decree No. 24/2012/ND-CP dated April 3, 2012 on the management of gold trading activities.

South Korea’s investment in Viet Nam hits US$92 bln
South Korea is currently the biggest foreign investor in Viet Nam, with a total registered investment capital worth over US$92 billion in 10,128 projects.

Vietnam, US conduct technical talks on double taxation avoidance deal
As of April 30, 2025, Vietnamese investors injected 1.36 billion USD in 252 projects in the US, mainly in scientific and technological services, real estate business, and manufacturing and processing industries.

Corporate bond repayment pressure to peak in Q3
The total value of corporate bond principal due for repayment by non-banking entities in May is estimated at 11.4 trillion VND, double the amount due in April.

Banks face difficulties in requiring SOE shareholders to divest
According to the current regulations, the share ownership cap by an institutional shareholder in a credit institution is reduced from 15% to 10% and for an individual and his/her related parties from 20% to 15%.

Prime Minister urges U.S. businesses to support mutually beneficial trade agreement
Prime Minister Pham Minh Chinh on Tuesday had a working session with representatives of U.S. business community in Viet Nam.

Viet Nam close to having 10 million securities trading accounts
There are more than 9.88 million securities trading accounts in Viet Nam as of April 30, according to the Viet Nam Securities Depository and Clearing Corporation (VSDC).

Binh Duong develops new 16-hectare centralised IT zone
The establishment of a new centralised information technology (IT) zone in Binh Duong Province marks a significant step in the locality’s digital transformation strategy and its ambition to build a knowledge-based economy.

PM orders overhaul to improve business environment
The dispatch further highlights the need for comprehensive measures to enhance governance capacity, accelerate socio-economic progress, and improve the investment and business landscape with a clear emphasis on sustainable development and environmental stewardship.

Vietnam enjoys positive export growth in new markets
According to the Ministry of Industry and Trade, by the end of April, Vietnam’s total export turnover reached 140.34 billion USD, an increase of 13% compared to the same period in 2024.

Vietnamese enterprises urged to adopt strategic measures amid US tariff threat
Amid unpredictable fluctuations in US tariff policies, Vietnamese businesses must take a proactive and strategic approach to sustain their exports to this key market, experts emphasised at a workshop held in Ho Chi Minh City on May 9.

Vietnam eyes 8% growth in 2025 through strategic reforms
With decisive policy actions, proactive diplomacy and strategic reform priorities, the country is now aiming for an ambitious GDP growth target of 8% or more this year - a goal lawmakers and experts believe is within reach, provided key breakthroughs are implemented effectively.