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.