Vietnam Today

Under this approach, enhanced, longer-term, or conditional incentives would target enterprises operating in prioritized sectors, engaging in innovation, digital transformation, green manufacturing, global value chain integration, large-scale job creation, or those demonstrating high potential for economic contributions.

The Ministry of Science and Technology has proposed halting unqualified strategic technology tasks and eliminating the pursuit of budget disbursement at all costs.

The new Government decree that regulates the recruitment and management of local staff working for foreign entities in Vietnam will take effect on November 15, 2026.

Across all trading partners in the first eight months of 2026, Vietnam exported $101.06 billion in computers, electronic products, and components against $161.63 billion in imports, generating a sector-wide trade deficit of around $60.57 billion.

On tariffs, European Free Trade Association (EFTA) members have offered immediate liberalisation of more than 90% of tariff lines, representing 99.5% of Vietnam’s exports to the bloc.

The US remains Vietnam’s largest export market, accounting for roughly 28% to 30% of total export turnover. Bilateral trade surged from $450 million in 1995 to $209.5 billion in 2025, an approximate 465-fold increase over three decades.