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Finance Minister champions business role in state governance

Finance Minister proposes reforms to elevate business voices in governance.

Vietnam education minister: Private tutoring needs broader solutions

Education Minister Nguyen Kim Son acknowledged during a National Assembly session that managing private tutoring remains a complex matter with wide social ramifications.

Vietnam minister: No railway project will be sold to foreign investors

The Minister of Construction has firmly asserted that private investors participating in railway development projects will never be allowed to sell such projects to foreign parties.

Why funds go unused despite availability, finance minister explains

Finance Minister Nguyen Van Thang addressed Parliament, highlighting that public investment disbursement has improved after five months. New legislation aims to enhance decentralization and empower local governance.

Finance ministry pledges support for households as tax rules change

Millions of household businesses are more concerned about tax procedures and calculations than the obligation to pay, according to Finance Minister Nguyen Van Thang during a parliamentary Q&A.

Vietnam passes law requiring barcoded traceability for high-risk goods

From January 2026, all products must provide accessible digital traceability data, aiming to strengthen consumer trust and prevent fraud.

Disparities in free-trade zone incentives can lead to uneven development

Hai Phong plans to establish a 6,470 hectare free trade zone (FTZ), offering outstanding investment incentives such as exemptions from land rents and specialized inspections for qualified goods.

Lawmakers urge stronger incentives to boost railway sector

The 15th National Assembly (NA) deliberated the draft revised Railway Law at its 9th session on June 18, with the majority of lawmakers stressing that the law is essential to institutionalise the Party’s guidelines and the State's policies.

National Assembly kicks off hearing session on June 19

Minister of Finance Nguyen Van Thang cleared up deputies' concern regarding how to spur socio-economic growth, renew traditional growth motives and establish new momentum for development.

Fake drugs exist on the market, not in hospitals, says Health Minister

Health Minister Dao Hong Lan affirmed that through competitive bidding, all medications supplied to hospitals must have verified origins. Therefore, while counterfeit drugs may exist in the marketplace, they are not present in hospitals.

Vietnam to repurpose surplus public assets for essential social services

“Surplus public assets following local government restructuring will be prioritized for educational and healthcare institutions,” said Minister of Finance Nguyen Van Thang in his address to the National Assembly on June 18.

Defense Minister highlights sacrifices of female peacekeepers

At a National Assembly session, Defense Minister Phan Van Giang acknowledged the extraordinary challenges and contributions of Vietnam's female UN peacekeepers.

Vietnam to unify railway project mechanisms under revised law

Minister of Construction Tran Hong Minh emphasized that the revision of the Railway Law aims to consolidate all special mechanisms for railway development projects into a single, unified legal foundation.

Vietnam to reduce VAT to 8% and introduce new business ownership rules

Starting from July 1, 2025, to December 31, 2026, the value-added tax (VAT) rate will be reduced to 8% for specific goods and services as outlined in Clause 3, Article 9 of the Law on VAT.

Vietnam aims to attract private investment in railway industry

The National Assembly's Science, Technology and Environment Committee has urged the drafting agency to seek higher-level approval for special mechanisms and policies outlined in the amended draft of the Railway Law.

Vietnam adopts two-tier government structure, phasing out district level

The National Assembly passes a historic reform, simplifying local governance to province and commune levels.

New law bars celebrities from promoting products they don’t understand

On the morning of June 16, the National Assembly passed an amended law on advertising, increasing accountability for advertisers, especially celebrities and influencers.

Vietnam expands unemployment insurance coverage under new law

The amended Employment Law broadens coverage to part-time and short-term contract workers, taking effect in 2026.

Sugary drinks, alcohol, and cigarettes to face higher taxes in Vietnam

Lawmakers have approved a new tax regime targeting public health risks like sugary beverages, tobacco, and alcohol.

Historic resolution marks bold administrative reform in Vietnam

With a landmark vote, Vietnam reduces its provinces from 63 to 34, advancing an ambitious plan to streamline governance and foster sustainable development.