Society
Banks asked to prioritize capital for production and business activities
More than 20 banks have announced preferential credit programs for businesses and priority sectors.
Society
Over $124 mln for upgrading the Pac Bo–Cao Bang section of the Ho Chi Minh Road
The Pac Bo-Cao Bang project was approved as the Ho Chi Minh Road is preparing to enter a new phase of investment, following the near completion of the objective of connecting the entire route with a basic two-lane configuration.
Society
Regional minimum wage officially set to rise from January 1, 2027
Effective on January 1, 2027, regional minimum wages for employees will officially increase by VND310,000 to VND390,000 ($12-15) per month, according to newly-released Government's Decree No. 399 which replaces Decree No. 293/2025/ND-CP.
PM asks for tightening price management
Rising costs of material imports and sea transportation together with salary increase causing pressures on prices.
Electricity consumption hits new record in June
Prolonged hot weather in the north and central regions resulting in high power consumption.
Ministry proposes to raise social assistance by 38.9%
The policy aiming to ensure basic living conditions for social protection beneficiaries.
Government proposes 30% increase in salary for public employees
The average salary expected to rise to VND2.34 million ($92) per month.
Hanoi Party Secretary steps down
Mr. Dinh Tien Dung was relieved from the position upon the Politburo’s agreement on June 19.
SIF continuing to expand operations in Vietnam
Vietnam remains one of the countries in Southeast Asia in which the Singapore International Foundation hopes to identify the most areas of climate change cooperation in the future.