Vietnam Today

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.

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.

At its first session, the 16th National Assembly elected Mr. Le Minh Hung as Prime Minister and approved the appointments of Deputy Prime Ministers, ministers and other cabinet members for the new term.

Earlier in March, the Ministry of Finance sought feedback on seven applications for licences to operate crypto asset trading platforms.

This is the highest rates in the East Asia and Pacific region, according to the WB's East Asia and Pacific (EAP) Economic Update.

Major fuel traders, such as Petrolimex and PVOIL, have reportedly completed basic infrastructure preparations for the shift.