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Vietnam officially elevated to upper-middle income status

According to the World Bank's annual country classification released on July 1, Vietnam's GNI per capita increased from $4,490 in 2024 to $4,970 in 2025, lifting the country from the lower-middle-income to the upper-middle-income category.

Vietnam Today

Negotiations on free trade deal between Vietnam and European Free Trade Association concluded

Vietnam Today

Up to 300% salary support offered to attract international integration experts

Vietnam Today

Industrial production surges 10.8%, highest growth since 2019

For the first six months of 2026, the IIP is estimated to have increased by 10.8% over the same period last year, significantly outpacing the 8.7% growth recorded in the first half of 2025 and marking the highest growth rate since 2019.

Vietnam Today

Vietnam records 1H trade turnover of nearly $550 billion

The United States maintained its position as Vietnam’s largest export market with a turnover of $86.5 billion, while China remained the largest source of imports, with a total value of $115.2 billion.

New decrees effective in May 2026

Under a new Government Decree, E-cigarette smokers shall be fined up to VND5 million.

May 02, 2026

$2.5 bln to be invested in metro line linking HCMC and Long Thanh Airport

Scheduled for implementation between 2026 and 2030, the project will include a comprehensive system of stations, depots, and auxiliary facilities and is expected to be carried out under a Public-Private Partnership (PPP) model.

May 01, 2026

Decree on import duty cuts to 0% for certain fuel products takes effect until June 30

Under a newly-issued resolution of the Government, the validity of Decree No. 72/2026/ND-CP, which lowers preferential import duty rates on selected fuel products and raw materials to 0%, is extended until the end of June 30 this year.

May 01, 2026

Vietnam’s Party General Secretary and President to pay state visit to India

This will be Mr. To Lam's first visit to India in his capacity as Party General Secretary and State President of Vietnam.

May 01, 2026

Government issues 8 resolutions to streamline administrative procedures and business conditions

Under these resolutions, the Government decided to abolish 184 administrative procedures, simplify 394 administrative procedures, and decentralize 134 administrative procedures to local authorities.

April 30, 2026

Hanoi announces 6 administrative procedures for foreign workers

The designated procedures eligible for the "Green Lane" include: issuance, re-issuance, and extension of work permit exemption certificates; and issuance, re-issuance, and extension of work permits for foreign workers.

April 29, 2026

Digital Biz

Vietnam officially elevated to upper-middle income status

Negotiations on free trade deal between Vietnam and European Free Trade Association concluded

Up to 300% salary support offered to attract international integration experts

Industrial production surges 10.8%, highest growth since 2019

Vietnam records 1H trade turnover of nearly $550 billion

New decrees effective in May 2026

$2.5 bln to be invested in metro line linking HCMC and Long Thanh Airport

Decree on import duty cuts to 0% for certain fuel products takes effect until June 30

Vietnam’s Party General Secretary and President to pay state visit to India

Government issues 8 resolutions to streamline administrative procedures and business conditions

Hanoi announces 6 administrative procedures for foreign workers

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