The adjustment aims for greater flexibility, with the threshold to be raised to approximately VND1 billion ($38,000) to reflect economic realities, support household businesses, and ensure budget balance.
Though results indicate a degree of recovery momentum in Q1 and March, ongoing global headwinds continue to pose concerns for Vietnam macro-economic situation.
The committee serving as an inter-agency coordinating body tasked with advising the government on major issues related to national strategies, policies and programs in science, technology, innovation, digital transformation, and administrative reform.
Their strategic collaboration is expected to help enhance cross-border logistics connectivity, reinforcing Vietnam’s role within regional and global supply chains.
In phase 1, the restricted zone will include 11 specific streets: Trang Tien, Hang Khay, Le Thai To, Hang Dao, Hang Ngang, Hang Buom, Ma May, Hang Bac, Hang Mam, Nguyen Huu Huan, and Ly Thai To.