Policy

The Ministry of Finance has proposed extending the 0% import tariff on petroleum products through June 30, 2026, to stabilize supply and ease cost pressures.

Decree 137 streamlines procedures, enhances oversight and addresses legal gaps in multi-level marketing, improving enforcement and supporting private sector growth.

Viet Nam upholds solidarity and sense responsibility and plays a transformative role througout its 30-year ASEAN membership, noted Ambassador Pham Quang Vinh.

The Ministry of Industry and Trade is refining the legal framework of multilevel marketing (MLM) by drafting a new decree to replace the existing regulations.

Standard corporate income tax (CIT) in Viet Nam shall be 20 percent for resident and non-resident businesses, according to the latest CIT Law.

VGP – The Government has decided to dissolve the National Financial Supervisory Commission (NFSC).

VGP - The National Assembly approved a resolution to reduce the Value-Added Tax (VAT) rate by 2 percent till the end of the year, at its ongoing session in Ha Noi on June 17.

VGP - The National Assembly (NA) approved a resolution amending key provisions of the Constitution of the Socialist Republic of Viet Nam on June 16, with all 470 delegates present at the 9th session voting in favor.

This June marks a rare move in the history of Viet Nam's public governance as the Government has issued 28 decrees on decentralization and delegation of authority.

VGP - The National Assembly has approved the Resolution on the administrative reorganization scheme for 2025 at its ongoing ninth session in Ha Noi.

VGP – The Government has promulgated Decree No. 118/2025/ND-CP on organization of One-Stop-Shop divisions at ministerial, provincial and communal levels.

VGP - Prime Minister Pham Minh Chinh delivers a keynote speech at the 2nd plenary session of the 3rd United Nations Ocean Conference in Nice, France on June 9.

VGP – Prime Minister Pham Minh Chinh on Sunday attended the Blue Economy and Finance Forum in Monaco as part of his ongoing tour to France.

VGP - Prime Minister Pham Minh Chinh on Sunday met with Jordanian King Abdullah II bin Al-Hussein on the sidelines of the 3rd UN Ocean Conference in Nice, France.

VGP – Prime Minister Pham Minh Chinh has requested ministries and central agencies to finalize and submit decrees on decentralization and delegation of authority to local administration before June 10, 2025.

Minister of Justice Nguyen Hai Ninh spoke with the press on the highlights of the public consultation campaign on amendments to the 2013 Constitution.

Resolution 68-NQ/TW provides a favourable legal framework to foster the development of the private sector, enabling it to integrate deeper into global value chains and the world economy.

Thrift practice and wastefulness combat are intrinsically linked and two pillars essential to achieving prosperity, whether at the level of family, nation or society.

VGP - The reorganization at the commune level must be finalized by July 15, while the reorganization at the provincial level must be completed by August 15, according to the Politburo’s conclusion issued on May 25.

VGP – All business-related administrative procedures must go online by the end of 2025 in order to enhance transparency and reduce paperwork, Prime Minister Pham Minh Chinh has ordered.

Resolution 198/2025/QH15 is not only a financial stimulus but a long-term strategic roadmap that positions the private sector at the heart of Vietnam’s innovation-driven growth.

VGP - In his recent article, General Secretary To Lam calls for adopting Law on private economic development as private economy has been defined as the most important driving force of the national economy.

VGP - Hai Phong city topped the 2024 Provincial Competitiveness Index (PCI) rankings for the first time by scoring 74.84 points, marking a significant milestone in the northern port city’s ongoing efforts to improve its business and investment environment.

Commenting on the revised draft Law on Corporate Income Tax, deputy Ta Dinh Thi proposed that chemical industry should enjoy tax incentives.

In the political repor, along with adding the learned lessons and forecasting the context and situation, it highlights the following viewpoints: ensuring development for stability, and stability for rapid and sustainable development of the country; promoting the comprehensive building and improvement of institutional frameworks for fast and sustainable development; addressing bottlenecks and obstacles in a timely and decisive manner; and unlocking all resources and mobilising all drivers of growth.

Party General Secretary To Lam noted that priority will be given to finalising guiding documents, amending the 2013 Constitution, and improving legal institutions and regulations to establish a robust legal framework for effective organisational apparatus streamlining.

Vietnam's local government model will be restructured from a three-tier system to a two-tier one, with the district level eliminated.

Vietnam must always be able to evaluate its own strengths and weaknesses while pursuing a long-term strategic vision. The country can learn from other countries, but it must always pursue its national interests. This requires unity among the population, political stability, constant adaptability and critical innovation.

Since April 3, right after US President Donald Trump’s announcement, Party and State leaders have engaged in various meetings, working sessions, and phone calls to discuss and find solutions to remove the tariff barriers imposed by the US government, and ensure the harmonisation of interests for both sides.

(VEN) - Vietnam has announced a draft decree on strategic trade control, delivering a powerful message of a proactive, transparent, and rule-making nation.