Banking & Finance
Vietnam cuts special consumption tax on petrol to zero
The tax reduction taking effective from November 1, 2026 to March 31, 2027 as part of measures to stabilize the market.
Vietnam Today
Vietnam’s import-export turnover surpasses $1 trillion mark in 10 months
Exports also expanded strongly in major markets such as China,
the United States, the European Union, South Korea, and ASEAN countries.
Vietnam Today
Enterprises and business households to receive 30% income tax reduction
The Ministry of Finance estimated that the policy would reduce budget revenue by approximately VND6,700 billion (more than $260 million) over two years.
Lawmakers debate revisions to SME Development Law
Discussions focused on finalizing transitional mechanisms for restructuring support funds, clarifying criteria for determining enterprise scale, and overhauling policy implementation frameworks to improve business access and uptake.
Domestic gold prices fall to three-month low
Domestic prices still higher than global levels, with a gap of about VND14.86 million ($565) per tael.
Vietnam among 20 economies with the lowest public debt ratios
Debt levels vary considerably, reflecting differences in borrowing requirements, economic conditions and public finances.
Vietnam drafts resolution to waive late tax filing penalties through mid-2028
The Ministry of Finance has submitted a draft resolution to the Government proposing special mechanisms to resolve tax compliance bottlenecks, including a 30 to 70 percent reduction in late filing penalties and the cancellation of late payment interest for inactive taxpayers through June 30, 2028.
Deputy Prime Minister proposes reduction of electricity prices and gasoline tax in November
These measures are proposed in the context of needing to reduce energy costs and support production, business activities, and people's livelihoods.
Pressure mounts to speed up science and tech budget payout
With just 41.18 percent of allocated funds disbursed as of late October, Vietnam faces strong pressure to accelerate spending on science, technology, innovation, and digital transformation in the remaining months of the year.