VET Exclusive
Vietnam’s export rice prices on the rise
Vietnam’s export rice prices have recovered somewhat in recent weeks following a sharp decline in late 2024 and early 2025.
VET Exclusive
Import tax rates to be reduced for improvement of trade environment
Most Favored Nation import tax rates are to be reduced under a proposal from the Ministry of Finance as Vietnam seeks to enhance its trading environment.
VET Exclusive
Greenhouse gas emission quotas are to be allocated
Greenhouse gas emission quotas are to be allocated to the 150 largest emitting enterprises in certain sectors under a draft decree recently reviewed by a high-level meeting.
Ho Chi Minh City on the way to become an international financial center
Ho Chi Minh City must address its shortcomings and build upon its existing strengths if it hopes to become a prosperous international financial center.
To navigate rail localization
Though considered entirely feasible, Vietnam’s relatively small railway market presents difficulties in localizing its equipment and rolling stock supply chain and satisfying infrastructure requirements.
To ensure implementation schedule of railway projects
A better approach has emerged in ensuring that railway projects of all types are completed on schedule.
Towards autonomous railway industry
Vietnam has a vision of, by 2050, building a modern railway network and taking full control of all related technologies, from manufacturing rails and switches to self-sufficiency in electrification.
Tax reforms under discussion
A number of draft laws on tax matters recently went before the National Assembly Standing Committee for consideration and comment.
![[Interactive]: Economic overview - Q1/ 2025](https://media.vneconomy.vn/411x231/images/upload/2025/04/08/7677b44e-c214-49ec-b545-8a8b62aa05a7.png)
[Interactive]: Economic overview - Q1/ 2025
According to newly released data from the General Statistics Office (GSO), Vietnam’s Gross Domestic Product (GDP) in the first quarter of 2025 grew by 6.93% year-on-year and this is the highest Q1 growth rate recorded during the 2020 - 2025 period.