Q1 economic results were something of a mixed bag, with positives and negatives easy to find as Vietnam enters a new era amid a complex global environment.
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.
Speaking at a group discussion during the 16th National Assembly’s first session on April 10, Prime Minister Le Minh Hung stressed that Institutional bottlenecks must be fully resolved in 2026.