From 2026, small businesses with revenues under VNĐ200 million will be exempt from VAT

From 2026, small businesses with revenues under VNĐ200 million will be exempt from VAT

From January 1, 2026, individuals and household businesses earning under VNĐ200 million annually will be exempt from VAT.
Lunar New Year holiday to span nine days

Lunar New Year holiday to span nine days

Hanoi – Prime Minister Pham Minh Chinh has approved a nine-day holiday for the 2025 Lunar New Year (Tet) – Vietnam’s largest traditional celebration.
Party Central Committee concludes 13th Conference with major resolutions for reform and national development

Party Central Committee concludes 13th Conference with major resolutions for reform and national development

Speaking at the meeting, General Secretary Tô Lâm summarised the key outcomes of the conference and highlighted the work required going ahead. He noted that the Central Committee had achieved a high level of consensus on its determination to review and streamline the organisational structure of the political system.
New decree on using telecommunications accounts for payment proposed

New decree on using telecommunications accounts for payment proposed

Currently, the use of a telecommunications account to pay for small-value goods and services in the country, called Mobile-Money service, is being implemented in a pilot programme.
Legislature passes amendments to health insurance law

Legislature passes amendments to health insurance law

The Government will continue to provide support for students in participating in health insurance, with increasing levels put into consideration.
Lawmakers discuss bill on corporate income tax

Lawmakers discuss bill on corporate income tax

HÀ NỘI – Legislators will review a verification report and discuss a draft resolution of the National Assembly (NA) on reducing value-added tax (VAT); the draft amended Law on Corporate Income Tax; and the draft law on amending and supplementing a number of articles of the Law on Standards and Technical Regulations, at the ongoing 8th session on Thursday in Hà Nội.
NA approves investment policy for national target programme on cultural development

NA approves investment policy for national target programme on cultural development

The National Assembly (NA) on November 27 morning passed a resolution approving investment policy for the national target programme on cultural development in the 2025-2035 period with 430 out of 454 deputies voting in favor.
Parliament approves amendments to pharmacy law

Parliament approves amendments to pharmacy law

On drug price management, the NA Standing Committee reviewed and concurred with the Government’s proposal to implement measures for publishing projected wholesale prices for prescription drugs.
VAT tax reduction should continue until mid-2025: Ministry

VAT tax reduction should continue until mid-2025: Ministry

Hanoi - The Ministry of Finance (MoF) has proposed Vietnam's value-added-tax (VAT) reduction should continue until at least June 2025, saying the tax cut has provided both the business community and the economy with much-needed support.
NA deputies scrutinise investment policy for North-South high-speed railway project

NA deputies scrutinise investment policy for North-South high-speed railway project

The preliminary total investment for the project is estimated at VNĐ1.7 quadrillion (around US$67.34 billion). To ensure its progress and success, 19 special policies have been proposed.
Developing relations with China is Vietnam’s top priority: Deputy PM

Developing relations with China is Vietnam’s top priority: Deputy PM

Hanoi – Deputy Prime Minister Le Thanh Long on November 19 held talks with Ding Xuexiang, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee and Vice Premier of China, on the occasion of his attendance at the 2024 World Internet Conference (WIC) Wuzhen Summit and his visit to Zhejiang province.
Vietnam pledges to make more contributions to APEC cooperation

Vietnam pledges to make more contributions to APEC cooperation

Lima – Vietnam will continue actively contributing to and effectively implementing cooperation orientations and directions of the Asia-Pacific Economic Cooperation (APEC), State President Luong Cuong affirmed while addressing the 31st APEC Economic Leaders' Meeting in Lima, Peru, on November 16 (local time).
Amending the Law on Electricity to unlock resources for energy security and net zero emissions

Amending the Law on Electricity to unlock resources for energy security and net zero emissions

The draft amendment to the Law on Electricity, which is on the agenda at the current session of the National Assembly, would be a bold step for Việt Nam towards ensuring national energy security and achieving net zero emissions by 2050.
Ambassador highlights importance of PM Phạm Minh Chính’s Brazil trip

Ambassador highlights importance of PM Phạm Minh Chính’s Brazil trip

In an interview granted to the press ahead of Prime Minister Phạm Minh Chính’s trip to Brazil for the event, the diplomat said the trip is of significance in different aspects.
PM urged parliament to pass legislation to ensure sufficient electricity, restart nuclear projects

PM urged parliament to pass legislation to ensure sufficient electricity, restart nuclear projects

The Government leader noted that electricity demand is expected to rise rapidly, with a projected increase of about 12–13 per cent in 2025 and even higher in subsequent years.
New policy drafted to help non-bank credit institutions develop further

New policy drafted to help non-bank credit institutions develop further

Under the draft circular, the SBV proposes that credit institutions are reorganised in the form of converting non-bank credit institutions.
Việt Nam to stiffen regulations on violating social network platforms

Việt Nam to stiffen regulations on violating social network platforms

Minister of Information and Communications Nguyễn Mạnh Hùng said social networks can be a force for positive impacts, such as facilitating people to communicate and do business, but also pose many risks.
Party leader of Việt Nam holds phone talks with President-elect of US

Party leader of Việt Nam holds phone talks with President-elect of US

Party leader Tô Lâm congratulated Donald Trump on his election as the 47th President of the US while highly valuing the latter’s contributions to the development of the two countries’ relations.
Vietnam affirms active, responsible role in APEC

Vietnam affirms active, responsible role in APEC

State President Luong Cuong is set to make an official visit to Peru and participate in the 2024 Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Week in the capital of Lima from November 12 - 16, marking his first official trip to the Latin American country and attendance at a multilateral forum in his capacity as the State leader of Vietnam.
Additional policies on advertising by influencers proposed for the Advertising Law

Additional policies on advertising by influencers proposed for the Advertising Law

Key provisions focus on transparent advertising practices, mandating influencers to disclose paid promotions and only endorse products they have personally used.
Prime Minister urges promotion of new growth drivers

Prime Minister urges promotion of new growth drivers

Prime Minister Pham Minh Chinh highlighted the need to renew traditional growth drivers and promote new ones, especially national digital transformation, in order to bolster growth in the remaining months of 2024 and the following years, while chairing the Government’s October regular meeting on November 9.
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Rubber industry adaptive to EU Deforestation Regulation

Rubber industry adaptive to EU Deforestation Regulation

Hanoi - Vietnam's rubber sector in general, and processing and export enterprises in particular have taken actions to comply with the EU’s Deforestation Regulation (EUDR) in order to avoid any impact on rubber exports to the EU market.
Agricultural sector’s trade surplus approximates 16.5 billion USD

Agricultural sector’s trade surplus approximates 16.5 billion USD

Hanoi – Vietnam recorded a trade surplus of 16.46 billion USD in agricultural, forestry, and aquatic products during the first 11 months of 2024, soaring 52.8% year on year, reported the Ministry of Agriculture and Rural Development.
Transport projects connecting HCM City with Western provinces prioritised

Transport projects connecting HCM City with Western provinces prioritised

CẦN THƠ — Leaders of HCM City and western provinces agreed that from now until the end of 2025, they will prioritise six traffic projects, including the expansion of the HCM City - Trung Lương Expressway and National Highway 1.
Việt Nam boosts fruit imports from the US

Việt Nam boosts fruit imports from the US

The import of fruits and vegetables from several markets, particularly the US, to Việt Nam surged significantly in the first 10 months of 2024.
NA Chairman meets Vietnamese embassy staff in Japan

NA Chairman meets Vietnamese embassy staff in Japan

National Assembly (NA) Chairman Tran Thanh Man and a high-ranking delegation of the Vietnamese legislature met with staff of the Vietnamese Embassy in Japan on December 4 as part of their official visit to the Asian nation.
vietnam japan comprehensive strategic partnership for peace and prosperity in asia and the world

Vietnam-Japan Comprehensive Strategic Partnership for Peace and Prosperity in Asia and the World

National Assembly Chairman Tran Thanh Man and his spouse are paying an official visit to Japan from December 3-7. The visit is expected to promote the two countries' legislative ties in a practical and sustainable manner, thus concretising the comprehensive strategic partnership across spheres.
streamlining political systems organisational apparatus

Streamlining political system's organisational apparatus

Party General Secretary To Lam has urged Party committees, Party organisations, agencies, units, and sectors at all levels to demonstrate the highest political determination in streamlining the political system's organisational apparatus.
vietnam singapore strategic partnership

Vietnam-Singapore Strategic Partnership

The official visit to Singapore by National Assembly Chairman Tran Thanh Man and his spouse aims to further deepen the strategic partnership between Vietnam and Singapore.
local vibe at wholesale market

Local vibe at wholesale market

A market can often be described as the beating heart of a city. And Đồng Xuân Market in the centre of Hà Nội is exactly that.
government member for 2021 2026 term

Government member for 2021-2026 term

The 2021-2026 government term was recently consolidated after the 8th session of the 15th National Assembly. It consists of 27 members, including the Prime Minister, five Deputy Prime Ministers, and 21 ministers and heads of ministerial-level agencies.
Vietnam slashes government apparatus, with 9 minitries, agencies cut

Vietnam slashes government apparatus, with 9 minitries, agencies cut

Hanoi – Nine ministries and agencies under the Government will be consolidated under a resolution on streamlining and optimising the political system, Minister of Home Affairs Pham Thi Thanh Tra told the Vietnam News Agency.
Specific plans announced to restructure Party apparatus

Specific plans announced to restructure Party apparatus

The plan will reduce at least four Party organisations, 25 Party delegations and 16 Party groups merged into others and add two more Party Committees under central management.
Streamlining political system: Time does not wait

Streamlining political system: Time does not wait

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.
Gov

Gov't urges stronger efforts in thrift practice, wastefulness prevention

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.
Rubber industry adaptive to EU Deforestation Regulation

Rubber industry adaptive to EU Deforestation Regulation

Hanoi - Vietnam's rubber sector in general, and processing and export enterprises in particular have taken actions to comply with the EU’s Deforestation Regulation (EUDR) in order to avoid any impact on rubber exports to the EU market.
Reviving nuclear power programme believed a correct policy

Reviving nuclear power programme believed a correct policy

HÀ NỘI — Many experts in the field of nuclear energy believe that reviving the development of nuclear power is a correct policy.
Viet Nam to restart Ninh Thuan nuclear power project

Viet Nam to restart Ninh Thuan nuclear power project

The National Assembly approved the Government's proposal to restart the Ninh Thuan nuclear power project at its 8th working session on November 30.
Wood industry aims at US$16 billion in export earnings this year

Wood industry aims at US$16 billion in export earnings this year

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.
Chinese media highlights Vietnam as attractive investment destination in 2025

Chinese media highlights Vietnam as attractive investment destination in 2025

The number of Chinese manufacturers shifting production to the Vietnamese market has boomed since 2018, and the upward trend is set to continue over the coming years, the South China Morning Post (SCMP) of Hong Kong (China) confirmed.
Vietnam

Vietnam's readiness to receive semiconductor investment

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.
Nghệ An approves US$590 million fabric factory investment from Singapore

Nghệ An approves US$590 million fabric factory investment from Singapore

The factory will begin trial operations in the second quarter of 2028 and is expected to provide jobs for 15,000 locals.
Ha Nam grants investment license worth more than 2.6 trillion VND for Thanh Binh II Industrial Park project

Ha Nam grants investment license worth more than 2.6 trillion VND for Thanh Binh II Industrial Park project

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.
NA Chairman meets Vietnamese embassy staff in Japan

NA Chairman meets Vietnamese embassy staff in Japan

National Assembly (NA) Chairman Tran Thanh Man and a high-ranking delegation of the Vietnamese legislature met with staff of the Vietnamese Embassy in Japan on December 4 as part of their official visit to the Asian nation.
Central bank increases credit growth limit for banks for second time this year

Central bank increases credit growth limit for banks for second time this year

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.
PM orders strengthening 2024 credit management

PM orders strengthening 2024 credit management

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.
Bac Ninh Province meets business needs for year-end loans

Bac Ninh Province meets business needs for year-end loans

(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.
Drainage infrastructure development behind pace of urbanisation

Drainage infrastructure development behind pace of urbanisation

Domestic wastewater and rainwater are discharged directly into sewers, canals and ditches and then into main rivers.
Việt Nam rattled by 458 earthquakes in 11 months

Việt Nam rattled by 458 earthquakes in 11 months

HÀ NỘI — Việt Nam has experienced a significant increase in seismic activity this year, with hundreds of small earthquakes reported across the country.
Hà Nội determined to revive its polluted rivers

Hà Nội determined to revive its polluted rivers

HÀ NỘI — After a long delay period, with strong political commitment and leadership from municipal leaders, the Yên Xá wastewater treatment system in Hà Nội has now begun trial operation.
Vietnam seeks stronger cooperation in hydrometeorological forecasting with Japan

Vietnam seeks stronger cooperation in hydrometeorological forecasting with Japan

Hanoi – Deputy Prime Minister Tran Hong Ha, while receiving a delegation of Japanese experts operating in hydrometeorological forecasting in Hanoi on December 2, suggested the Japanese side implement more specific cooperation projects in this field, laying a foundation for the two governments to propose cooperation priorities in the coming time.
Nineteen initiatives receive Vietnam Smart City Awards 2024

Nineteen initiatives receive Vietnam Smart City Awards 2024

The Vietnam Software and IT Services Association (VINASA) presented the Smart City Awards 2024 to 10 localities and authors of nine smart technological solutions during the Vietnam-Asia Smart City Summit 2024, held in Hanoi on December 3.
Empowering Vietnamese firms with digital transformation

Empowering Vietnamese firms with digital transformation

In response to the growing demand of digital transformation and smart production, the Ministry of Industry and Trade has implemented harmonious measures to support domestic businesses in navigating the fourth industrial revolution.
PM urges rapid technology mastery in renewable energy development

PM urges rapid technology mastery in renewable energy development

Prime Minister Pham Minh Chinh on December 1 asked the Vietnam Oil and Gas Group (Petrovietnam) to accelerate technology transfer for wind turbine and blade production by 2026, ultimately achieving full technology mastery for offshore wind energy development.
VN to embrace a new internet era: VIA

VN to embrace a new internet era: VIA

There are vast opportunities for Vietnamese internet businesses, participants were told at Việt Nam's Internet Day 2024 in Hà Nội.
Transport projects connecting HCM City with Western provinces prioritised

Transport projects connecting HCM City with Western provinces prioritised

CẦN THƠ — Leaders of HCM City and western provinces agreed that from now until the end of 2025, they will prioritise six traffic projects, including the expansion of the HCM City - Trung Lương Expressway and National Highway 1.
Traffic diversion for vehicles on Cau Gie - Ninh Binh Expressway

Traffic diversion for vehicles on Cau Gie - Ninh Binh Expressway

(VEN) - On December 4, the Vietnam Expressway Corporation (VEC) announced a temporary traffic arrangement for the Cau Gie - Ninh Binh Expressway.
Hoan My Scientific and Technical Conference promotes clinical excellence in Vietnam

Hoan My Scientific and Technical Conference promotes clinical excellence in Vietnam

The 8th Annual Hoan My Scientific and Technical Conference, organised by the Hoan My Medical Group’s Hoan My Academy, was held in Can Tho City. Themed "Clinical Excellence: The Heart of Healthcare Transformation", it gathered over 300 domestic and international medical experts to share nearly 100 specialised reports, quality improvement initiatives, and updates on medical advancements to enhance healthcare quality.
Localities report progresses in IUU fishing combat

Localities report progresses in IUU fishing combat

Hanoi – Coastal localities nationwide have implemented practical and effective activities and specific measures, demonstrating their determination to join the nation’s efforts to have the “yellow card” that the European Commission (EC) has imposed on Vietnamese seafood regarding illegal, unreported, and unregulated (IUU) fishing lifted in 2024.
2024 Vietnam Business Day opens shop in Japan

2024 Vietnam Business Day opens shop in Japan

The Vietnam Business Association in Japan (VJBA) on December 3 held the 2024 Vietnam Business Day with the theme “Shared Vision, Shared Success".
Việt Nam

Việt Nam's OCOP products debut at AF-L'ARTIGIANO IN FIERA 2024 in Milan

Under the theme 'Việt Nam’s OCOP Products: Gathering Values, Spreading Culture', Việt Nam’s pavilion spans 200 square metres.
Top 10 reputable logistics companies in 2024 announced

Top 10 reputable logistics companies in 2024 announced

The Vietnam Report JSC on November 29 announced the list of top 10 reputable logistics companies for 2024.
150 products honoured as “Vietnamese Goods Loved by Consumers 2024”

150 products honoured as “Vietnamese Goods Loved by Consumers 2024”

A ceremony honouring the 150 most popular products voted by consumers took place in Hanoi on November 28.
tcty-dau-khi-vn-pv-power-2022
Exhibition on royal culture of Huế opens

Exhibition on royal culture of Huế opens

A special exhibition featuring the history and development of Huế Citadel has opened at the Museum of Hồ Chí Minh City.
Vietnamese artisans bring unique handicrafts to Milan

Vietnamese artisans bring unique handicrafts to Milan

Vietnamese firms are making their mark at the 28th Artigiano International Handicrafts Fair in Milan, the capital of Lombardy - Italy's largest economic and cultural hub, from November 30 - December 8.
Hanoi Digital Pho gives experience of unique culinary essence

Hanoi Digital Pho gives experience of unique culinary essence

(VEN) - Hanoi has just introduced to consumers and tourists its cultural heritage - Hanoi Pho - in a unique way, which is digital Hanoi Pho.
Vietnam rises on global beauty map

Vietnam rises on global beauty map

Vietnam has achieved remarkable progress in global beauty rankings, earning increased recognition for its outstanding representatives winning titles at international beauty pageants.
2025 holiday schedule announced early, expected to boost tourism

2025 holiday schedule announced early, expected to boost tourism

Vietnam’s 2025 holiday schedule was announced early, which is expected to help both people and tour operators actively prepare for holidays across the year.
Developing green and sustainable tourism as a pathway to growth

Developing green and sustainable tourism as a pathway to growth

Cities facing challenges like population density, environmental stress and economic development pressure are recognising the potential of green tourism to address these issues.
Việt Nam, RoK expand tourism cooperation

Việt Nam, RoK expand tourism cooperation

The Asia Tourism Development Institute (ATI) and the Korea Tourism Management Association have organised a conference in Hà Nội to promote tourism, trade, and education cooperation between Việt Nam and the Republic of Korea (RoK).
Dong Thap boosts actions to protect forests in tandem with sustainable tourism

Dong Thap boosts actions to protect forests in tandem with sustainable tourism

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.
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