Vietnam Today

SMEs now account for nearly 98% of all operating businesses and are present across almost every industry, sector and locality.

Vietnam has proposed key international initiatives to simplify access to global climate finance, de-risk private green investments, and establish high-integrity standards for carbon markets at the 17th Session of the Conference of the Parties (COP17) to the United Nations Convention to Combat Desertification (UNCCD), hosted by Mongolia from August 17-28.

This new Resolution provides the critical legal basis to carry out the procedures for approving Ninh Thuan 1 and Ninh Thuan 2 nuclear power projects individually.

With the revised Law on Investment passed on August 24, Vietnam establishes a modern policy framework aimed at shifting regulatory focus to post-entry supervision, cutting bureaucratic hurdles, and sharply lowering business compliance costs.

According to the Resolution, which took effect immediately on August 24, the railway line begins at the border rail connection in Lao Cai Province and terminates at Nam Hai Phong Station.

The Resolution is set to take effect on August 24, 2026, and will be applicable for the 2026 and 2027 tax years.