Economy

Achieving strategic goals not only requires extraordinary efforts and exceptional commitment but also does not allow any delay or slackening, with a revolution to build a truly elite and streamlined political system promptly carried out, the Party leader underscored.

HÀ NỘI – Prime Minister Phạm Minh Chính on Sunday signed an official dispatch demanding ministries, sectors, and localities to promote thrift practice and wastefulness combat.

HÀ NỘI — The National Assembly has approved an extended reduction of value added tax (VAT) from 10 per cent to 8 per cent until the end of June.

HÀ NỘI — According to proposals announced at a national conference held on Sunday, five ministries and two government agencies will be included in mergers to streamline and optimise the political system.

HÀ NỘI — Many experts in the field of nuclear energy believe that reviving the development of nuclear power is a correct policy.

The National Assembly approved the Government's proposal to restart the Ninh Thuan nuclear power project at its 8th working session on November 30.

The wood industry of Vietnam is likely to rake in US$16 billion from exports this year, far exceeding the initial target of US$14.2 billion set by the Ministry of Agriculture and Rural Development.

HÀ NỘI — The Ministry of Finance has proposed the tax incentives for the automobile part-supplying industry to be extended to December 31, 2027 instead of the end of this year to promote the development of the domestic automobile industry.

Vietnam’s goal is not only to participate in the global value chain but also to build an advanced and attractive semiconductor industry ecosystem in the region and the world, which will help the country achieve self-reliance and sustainable development in this field. Currently, Vietnam has met the necessary conditions to be ready to welcome and cooperate with enterprises and investors from all over the world in the semiconductor industry.

The factory will begin trial operations in the second quarter of 2028 and is expected to provide jobs for 15,000 locals.

The People’s Committee of Ha Nam Province held a conference on the afternoon of November 26 to issue an investment certificate for the Thanh Binh II Industrial Park infrastructure development and business project.

The Bulgarian President praised the quality and potential of VinFast's electric vehicles in the European market and urged the company to explore collaboration and investment opportunities in Bulgaria.

The State Bank of Vietnam (SBV) on November 28 announced it would increase credit growth target for credit institutions, for the second time this year.

Prime Minister Pham Minh Chinh on November 27 ordered the Governor of the State Bank of Vietnam (SBV) to outline solutions aimed at improving credit management for 2024 in the face of evolving global economic challenges.

(VEN) - To ensure the sufficiency of loans for manufacturing businesses toward year’s end, many credit institutions in Bac Ninh Province have launched new credit packages with preferential interest rates.

The Mekong Delta contributes 95% of Vietnam’s rice exports and accounts for 60% of the country’s total seafood export value. Recently, fruit exports have shown strong growth, with various fruits entering new markets. However, numerous credit-related obstacles are creating challenges regarding agricultural production loans in the region.

Vietnam has achieved remarkable progress in global beauty rankings, earning increased recognition for its outstanding representatives winning titles at international beauty pageants.

Broken rice is a traditional Vietnamese dish typically sold as street food. It consists of broken and imperfect rice grains that were once discarded after the milling process, but today, it has become a signature dish of HCM City.

The hustle of the city, the simple charm of roadside stalls and the perfect flavours define Hà Nội’s street food soul—simple, yet unforgettable.

A culture, tourism and trade week at Hà Nội's Vạn Phúc craft village will promote traditional silk weaving November 30-December 6.

Efforts in preserving flora and fauna ecosystems associated with developing eco-tourism in the Gao Giong cajeput forest in Dong Thap province's Cao Lanh district have contributed to attracting more tourists to the Mekong Delta locality.

Phu Quoc, Vietnam's Pearl Island, has once again earned a spot in Travel + Leisure's list of top destinations to visit in 2025, solidifying its undeniable allure as an "emerging star" on the global travel map.

Unique culture and beautiful nature of Guangxi Province introduced in Việt Nam in an effort to promote tourism between two countries.

HCM City will step up efforts to strengthen travel linkages with the expanded northwestern region to develop more unique tourism products, according to its Department of Tourism.