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.
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.
NA appoints new finance, transport ministers and NA General Secretary

NA appoints new finance, transport ministers and NA General Secretary

HÀ NỘI — The National Assembly (NA) on Thursday approved the appointment of Nguyễn Văn Thắng and Trần Hồng Minh as new Minister of Finance and Minister of Transport, respectively.
NA passes revised law on human trafficking prevention, control

NA passes revised law on human trafficking prevention, control

Hanoi – The National Assembly (NA) on November 28 passed the revised Law on Human Trafficking Prevention and Control with approval from 454 out of 455 deputies participating in the voting.
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.
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.
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.
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German businesses show resilience in Vietnamese market amid challenges

German businesses show resilience in Vietnamese market amid challenges

With the global economy continuing to experience sluggish yet stable growth, characterised by ongoing challenges and uncertainties, German businesses remain optimistic regarding the Vietnamese market, according to the latest AHK World Business Outlook Fall 2024 survey.
Quang Trach – Pho Noi 500kV circuit-3 power transmission line: Miracle in infrastructure development

Quang Trach – Pho Noi 500kV circuit-3 power transmission line: Miracle in infrastructure development

Quang Trach – Pho Noi 500kV circuit-3 power transmission line is a key project with a total investment of nearly 880 million USD. Spanning 9 provinces, the 519-km power transmission line plays an important role in enhancing the operational stability for the electricity supply system in the north in 2024 and following years, contributing to ensuring the national energy security.
HCM City needs over 40 million USD for seven railway lines by 2035

HCM City needs over 40 million USD for seven railway lines by 2035

Ho Chi Minh City will need about 40.21 billion USD for constructing seven urban railway lines with a total length of about 355km by 2035, its Transport Department said.
Party leader visits Heroic Mothers, revolution contributors in Dong Thap

Party leader visits Heroic Mothers, revolution contributors in Dong Thap

Party General Secretary To Lam visited and presented gifts to 80 policy beneficiaries, Heroic Vietnamese Mothers, and war veterans in the Mekong Delta province of Dong Thap on December 11, ahead of the 80th founding anniversary of the Vietnam People’s Army (December 22, 1944 - 2024), and the 35th anniversary of the All-People Defence Festival (December 22, 1989 - 2024).
Vietnam’s coffee exports possibly top 5 billion USD for first time

Vietnam’s coffee exports possibly top 5 billion USD for first time

Coffee prices have increased by over 50% on average this year, enabling the export revenue to potentially surpass 5 billion USD for the first time.
quang trach pho noi 500kv circuit 3 power transmission line miracle in infrastructure development

Quang Trach – Pho Noi 500kV circuit-3 power transmission line: Miracle in infrastructure development

Quang Trach – Pho Noi 500kV circuit-3 power transmission line is a key project with a total investment of nearly 880 million USD. Spanning 9 provinces, the 519-km power transmission line plays an important role in enhancing the operational stability for the electricity supply system in the north in 2024 and following years, contributing to ensuring the national energy security.
foreign tourists to vietnam up 41 in january november

Foreign tourists to Vietnam up 41% in January-November

In the first 11 months of 2024, Vietnam welcomed more than 15.8 million international visitors, up 41% over the same period last year. Visitors by continent included: Asia (12.61 million), Europe (1.78 million), and America (0.91 million), among others.
16 intangible cultural heritage elements recognised by unesco

16 intangible cultural heritage elements recognised by UNESCO

The Ba Chua Xu (Holy Mother of the Realm) Festival at Sam mountain in the Mekong Delta province of An Giang was officially recognised by UNESCO as intangible cultural heritage of humanity at the 19th session of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage in Paraguay on December 4. With this recognition, the festival has become the 16th intangible cultural heritage element of Vietnam recognised by UNESCO.
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.
Australia shows interest in Việt Nam

Australia shows interest in Việt Nam's vision of a 'rising era'

Việt Nam and Australia shared a vision of a peaceful, stable, and prosperous region and the relationship between Việt Nam and Australia have been growing fruitfully in all sectors.
Plan to streamline Government

Plan to streamline Government's organisational apparatus finalised

According to Minister of Home Affairs Phạm Thị Thanh Trà, the government's restructuring extends beyond ministerial consolidation, and the number of units under ministries and ministerial-level organisations will be cut by 15-20 per cent
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.
Vietnam’s industrial production rises by 8.4% in 11 months

Vietnam’s industrial production rises by 8.4% in 11 months

Hanoi – Vietnam's index of industrial production (IIP) in the January – November period rose 8.4% from the same period last year, reported the General Statistics Office (GSO).
Việt Nam needs a competitive energy market: experts

Việt Nam needs a competitive energy market: experts

Economists, industry experts and policymakers at the event highlighted several critical challenges facing the country’s energy sector and the urgent need for strategic reforms.
Việt Nam resumes nuclear power project amid rising energy demands

Việt Nam resumes nuclear power project amid rising energy demands

Vietnamese law-markers have approved the plan to resume the nuclear power project in the south – central province of Ninh Thuận after eight years of pause in an effort to ensure energy security while meeting Net Zero goal.
Việt Nam

Việt Nam's supporting industry for electronics needs more support

In addition to the efforts of enterprises, Việt Nam's supporting industry for electronics production needs many helpful policies from the State to promote its development.
HCM City lays out plans for sound business climate with Japanese firms

HCM City lays out plans for sound business climate with Japanese firms

Ho Chi Minh City pledges to develop an equal and transparent business climate for foreign firms, including those from Japan, to aid in business development plans in the southern economic hub, Vice Chairman of the municipal People’s Committee Vo Van Hoan said on December 9.
Hai Phong – a bright spot in attracting foreign investment

Hai Phong – a bright spot in attracting foreign investment

With its advantageous geographical location, convenient transport connections, attractive investment environment, and consistent stance that the development of businesses is the development of the city, Hai Phong has witnessed a strong rise to become a bright spot in attracting foreign direct investment (FDI).
Vietnamese businesses explore Indonesian market

Vietnamese businesses explore Indonesian market

A business networking session between a delegation from the Ho Chi Minh City Association of Mechanical-Electrical Enterprises (HAMEE) and the Indonesian Chamber of Commerce and Industry (KADIN) was held on December 5 in Jakarta.
Vietnam attracts nearly 31.4 billion USD in foreign investment in 11 months

Vietnam attracts nearly 31.4 billion USD in foreign investment in 11 months

Total registered foreign direct investment (FDI) into Vietnam, including new and additional investments, and capital contributions via share purchases, reached 31.4 billion USD in the first 11 months of 2024.
Realty stocks see signs of recovery

Realty stocks see signs of recovery

The Vietnamese real estate market is signalling the end of a prolonged downturn, with notable signs of recovery in profitability. However the pace of revival remains measured, due to sluggish sales and limited improvements in consumer incomes.
Finance ministry to use AI in stock market surveillance

Finance ministry to use AI in stock market surveillance

The Ministry of Finance announced on Friday that it is researching using artificial intelligence (AI) tools to monitor transactions in the stock market.
Year-end profits put heavy pressure on banks

Year-end profits put heavy pressure on banks

(VEN) - As of the third quarter of 2024, only 11 out of 27 commercial banks have completed 75 percent or more of their pre-tax profit plans. Therefore, the year-end profit target is a huge pressure weighing heavily on their shoulders.
Party chief receives leader of Japan Bank for International Cooperation

Party chief receives leader of Japan Bank for International Cooperation

Party General Secretary To Lam hosted a reception in Hanoi on December 4 for Chairman of the Board of Directors of the Japan Bank for International Cooperation (JBIC) Maeda Tadashi.
Bac Ninh closely monitors environmental protection at local craft villages

Bac Ninh closely monitors environmental protection at local craft villages

(VEN) - Environmental pollution in some craft villages in the northern province of Bac Ninh has long become a “hot” issue. One typical example is the case of Phong Khe paper production village in Bac Ninh City.
Steel, thermal power enterprises participate in training course on ETS and carbon market

Steel, thermal power enterprises participate in training course on ETS and carbon market

From December 9-10, in Hanoi, 60 enterprises in the North participated in a training course on the Emission Trading System (ETS) and carbon market using the CarbonSim simulation tool.
Seeking capital for green transformation remains tough

Seeking capital for green transformation remains tough

(VEN) - Shifting to green economy has become the goal of many countries and businesses around the world, including Vietnam. However, capital for green transition is still a difficult problem for the Vietnamese business community.
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.
Vietnamese biotech products competitive on world market:  Prof., Dr. Nguyen Van Nam

Vietnamese biotech products competitive on world market: Prof., Dr. Nguyen Van Nam

(VEN) - According to Professor, Doctor of Science Nguyen Van Nam, Chairman of the Vietnam Biochemical Technology JSC - BCC Group, Vietnamese biotech products are competitive on world market as Vietnam is aiming to export biotechnology to the US, EU, China...
NVIDIA to build AI research and data centres in VN

NVIDIA to build AI research and data centres in VN

An agreement to develop two centres dedicated to artificial intelligence (AI) studies was signed between the Vietnamese Government and the American technology company NVIDIA.
VinFuture Sci-Tech Week starts in Hà Nội

VinFuture Sci-Tech Week starts in Hà Nội

VinFuture Foundation organised the 'Science for Life' symposia on December 4, opening the VinFuture Sci-Tech Week and Award Ceremony series in Hà Nội.
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.
HCM City needs over 40 million USD for seven railway lines by 2035

HCM City needs over 40 million USD for seven railway lines by 2035

Ho Chi Minh City will need about 40.21 billion USD for constructing seven urban railway lines with a total length of about 355km by 2035, its Transport Department said.
Requirements for foreign drivers, vehicles operating in Vietnam

Requirements for foreign drivers, vehicles operating in Vietnam

The Government has issued a Decree detailing provisions for the enforcement of the Law on Road Traffic Order and Safety, including conditions under which foreign motor vehicles and drivers may operate in Vietnam.
Ninh Thuan agrees with, places high expectations on nuclear power project: Official

Ninh Thuan agrees with, places high expectations on nuclear power project: Official

Ninh Thuan - The Party organisation, administration, and people of Ninh Thuan province have high consensus and expectations on the nuclear power project which will be restarted in the south-central province after the 15th National Assembly (NA) approved the policy at its recent 8th session, according to Chairman of the provincial People’s Committee Tran Quoc Nam.
Clean energy vehicles to have their own rego stamps from 2025

Clean energy vehicles to have their own rego stamps from 2025

(VEN) - According to Circular 53/2024 of the Ministry of Transport, motor vehicles running on clean, green, and environmentally-friendly energy will have a distinct color for their rego stamps.
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
Kinh Bac Art 3 contemporary painting exhibition opens

Kinh Bac Art 3 contemporary painting exhibition opens

(VEN) - On the afternoon of December 7, the Kinh Bac Art 3 contemporary painting exhibition was opened at the Appraisal and Exhibition Center of Art and Photography, 29 Hang Bai Street, Hoan Kiem District, Hanoi.
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.
International visitors praise Phu Quoc as “beyond expectations”

International visitors praise Phu Quoc as “beyond expectations”

According to top travel agencies, airlines, and leading online travel platforms, Phu Quoc offers world-class tourism products, leaving international visitors amazed every time they return.
Leading global tourism enterprises hail Phu Quoc as "Hawaii of the East"

Leading global tourism enterprises hail Phu Quoc as "Hawaii of the East"

Over 70 representatives from leading global airlines, travel agencies, and online travel platforms gathered in Phu Quoc for the famtrip program “Journey to Your True Paradise.” This significant event highlighted Phu Quoc’s potential, with participants unanimously recognizing the island as a “Hawaii of the East.”
Vietnam among top five favorite destinations for US tourists

Vietnam among top five favorite destinations for US tourists

(VEN) - In the first 11 months of 2024, the US is in the list of Vietnam's leading source of tourists with more than 706,000 visitors.
15.8 million int

15.8 million int'l tourists came to Việt Nam in first 11 months, nearing 2024 target

Experts noted that the sharp increase in November is expected, as Việt Nam is in the peak international tourism season from October to March. The previous record for monthly international arrivals was set in November 2019, with over 1.8 million visitors.
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