The adjustment aims for greater flexibility, with the threshold to be raised to approximately VND1 billion ($38,000) to reflect economic realities, support household businesses, and ensure budget balance.
The committee serving as an inter-agency coordinating body tasked with advising the government on major issues related to national strategies, policies and programs in science, technology, innovation, digital transformation, and administrative reform.
Malaysia is looking to promote the export of pasteurized liquid eggs, frozen duck meat, and related products. Bird's nests, animal feed, and pet food were also highlighted as priority items for Malaysia.