Society
Gold prices in Vietnam continue downward trend
Despite the decline, domestic prices remaining about VND20.08 million ($763) per tael higher than international levels.
Society
Vietnam’s labor market amid ongoing global volatility
Ms. Sinwon Park, Director of the International Labour Organization (ILO) Office in Vietnam, spoke with Thu Hang about Vietnam’s labor market amid ongoing volatility and why businesses must move beyond relying on low labor costs.
Society
Work starts on $5.6 bln high-speed rail linking Hanoi and Quang Ninh
Once operational, travel time between Hanoi and Quang Ninh is expected to be slashed to just 23 minutes—five to seven times faster than current travel options.
Tax resolution on petrol, oil, aviation fuel adopted
The resolution introducing key provisions on environmental protection tax, value-added tax and excise tax applicable to petrol, oil and aviation fuel passed by the National Assembly on April 12 takes effect from April 16, 2026, to June 30, 2026.
No instant ban on petrol-powered transport as Hanoi takes measured approach for Ring Road 1
Under the current plan, starting July 1, 2026, Hanoi will begin piloting "Low Emission Zones" (LEZ) in certain areas within Ring Road 1.
Trade ministry considers E10 biofuel rollout from April 2026
Major fuel traders, such as Petrolimex and PVOIL, have reportedly completed basic infrastructure preparations for the shift.
Prime Minister Le Minh Hung outlined three strategic breakthroughs
Speaking at a group discussion during the 16th National Assembly’s first session on April 10, Prime Minister Le Minh Hung stressed that Institutional bottlenecks must be fully resolved in 2026.
Heavy pressure on agricultural and seafood exports
Considered to hold great promise, Vietnam agricultural and seafood exports to the Middle East face an uncertain time as regional tensions rise.
Banks agree to cut interest rates following meeting with new Governor
This move comes as several banks have been aggressively competing for capital, causing market interest rates to spike in recent times.