Vietnam Today
Some 18 new laws announced
Most of the new laws, announced by the Presidential Office on July 11, will take effect on January 1, 2026.
Banking & Finance
Tax and fee reduction and breaks total $3.67 bln in H1
Of the total, valued added tax (VAT), corporate income tax, personal income tax, and land rental fee extension was estimated at over VND51.3 trillion ($1.95 billion).
Vietnam Today
Conditions set for licensing exploitation of common construction materials
To be granted a license for the exploitation of Group IV minerals, organizations and individuals, must meet certain conditions.
HCM City ready for operation of new government apparatus from July 1
The southern metropolis will merge with neighboring Binh Duong and Ba Ria - Vung Tau provinces to form new mega city.
National Financial Supervisory Commission dissolved
The Commission's functions and tasks will be transferred to the Ministry of Finance, the State Bank of Viet Nam, the Government Inspectorate and the Government Office.
Resolution on constitutional amendments adopted
Under the newly amended constitution, there will be no district-level administrative units in Vietnam.
Vietnam-US third round of reciprocal trade negotiations yeilds positive results
Differences across all areas under discussion are narrowed down.
Vietnam becomes a partner of BRICS
The country is the 10th BRICS partner, alongside Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda and Uzbekistan.
Law on Digital Technology Industry approved
The law, scheduled to take effect on January 1, 2026, is expected to promote national digital transformation process, paving the way for domestic tech enterprises to grow sustainably, integrate deeply into the global market, and contribute to establishing a new position for Viet Nam on the world stage.