VET Exclusive
Interest in carbon markets is rising
Businesses have begun to take note of the many options and benefits available now that Vietnam is officially piloting a carbon market.
Business
Leveraging trade remedies to foster sustainable growth in the chemical industry
Amidst the global trend of increasing trade defense measures, Vietnamese enterprises are not only facing investigations in foreign markets but also need to proactively and effectively use these legal tools to protect domestic production.
Vietnam Today
Vietnam’s pharmaceutical market hits $7 bln mark
By 2025, 67 pharmaceutical companies exported drugs and raw materials totaling approximately $312 million, placing Vietnam fourth in Southeast Asia for pharmaceutical exports
Ministry proposes to raise revenue-based tax threshold to $380,000
According to the proposal, household and individual businesses with total annual revenue not exceeding VND10 billion ($381,000) in 2026 and 2027 will be eligible for a 30% reduction in personal income tax (PIT) for each respective year.
Prospects for carbon market development
Much has been done to establish the legal framework and introduce the cooperative agreements needed to operate a carbon market in Vietnam and efforts are ongoing.
Around $11 bln proposed for capital region’s projected Ring Road 5
The proposed Ring Road 5 will span approximately 349 km, passing through seven provinces and cities.
Major contents of the Party Central Committee's Resolution on innovation of development model
The resolution was approved by the 3rd plenum of the 14th Party Central Committee, which took place between July 20-24.
National special program on science, technology and innovation for strategic technologies approved
Vietnam expected to master at least four strategic technologies in the 2026–2030 period.
More rigorous approach to international carbon market
The international carbon market will see significant changes under Article 6 of the Paris Agreement that call for detailed and thorough preparations.