Vietnamese
Vietnam targets 75% of foreign investment from developed economies by 2030
This target is set out in Resolution No. 10-NQ/TW on the development of the foreign-invested economy, issued by The Political Bureau on June 8, 2026.
Percentage-based method for preservation costs abolished from July 1, 2026
Percentage-based method for preservation costs abolished from July 1, 2026
One of the notable changes introduced by Circular No. 40/2026/TT-BXD, issued on June 28, 2026, is the removal of the provision on determining construction work preservation costs by applying percentage (%) norms to construction costs and equipment costs on an annual basis.
NA Chairman calls on Hanoi to turn master plan vision into tangible development projects
NA Chairman calls on Hanoi to turn master plan vision into tangible development projects
Chairman Man described the publication of the master plan as more than the unveiling of a development blueprint. It sends a strong message of action and demonstrates the city's determination to translate the resolutions of the 14th National Party Congress and the 18th Hanoi Party Congress into reality, in line with Party General Secretary and State President To Lam’s directive that “Hanoi must do what it commits to do, do it quickly, correctly, effectively and thoroughly.”
Ministry proposes USD 100 million National Venture Capital Fund
Ministry proposes USD 100 million National Venture Capital Fund
The Ministry of Science and Technology has proposed establishing a National Venture Capital Fund with initial capital of USD100 million, aiming to create a new investment mechanism for strategic technologies and innovative enterprises.
43 sectors eligible for 2026 tax and land rent payment extensions
43 sectors eligible for 2026 tax and land rent payment extensions
On June 27, 2026, the Government issued Decree No. 245/2026/ND-CP on the extension of deadlines for payment of value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT), and land rent in 2026.
Tax Department orders implementation of 2026 tax payment extensions
Tax Department orders implementation of 2026 tax payment extensions
On June 27, 2026, the Tax Department issued Official Dispatch No. 14/CD-CT, requesting tax authorities at all levels to promptly implement Decree No. 245/2026/ND-CP on the extension of deadlines for payment of value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT), and land rent in 2026.
Elderly citizens receive free annual health checks from 2026
Elderly citizens receive free annual health checks from 2026
Elderly citizens will receive free health check-ups or screenings at least once a year from 2026, under a revised national programme that seeks to expand care beyond medical treatment to cover their physical, mental and social well-being.
Publishing sector positioned as key driver of value-creation ecosystem
Publishing sector positioned as key driver of value-creation ecosystem
The country has recently set a target of transforming the publishing sector into a modern digital content industry and an important part of the cultural economy, with the sector expected to become the core of a value-creation ecosystem by 2030.
Prime Minister orders faster ODA, concessional loan disbursement
Prime Minister orders faster ODA, concessional loan disbursement
Under Directive 27/CT-TTg dated June 25, 2026, the Prime Minister calls for stronger management and higher-quality preparation, appraisal and approval of ODA- and concessional loan-funded projects, with the goal of fully disbursing the annual public investment plan assigned by the Government leader.
Social housing lending rates set at 6.5% – 7% from July 1, 2026
Social housing lending rates set at 6.5% – 7% from July 1, 2026
From July 1, 2026 through December 31, 2026, the State Bank of Vietnam will apply new lending interest rates under the loan program for social housing, worker housing, housing for the people's armed forces, and projects for renovation and reconstruction of old apartment buildings in accordance with Resolution No. 33/NQ-CP.
State budget revenue mobilization target for 2026–2030 set at 18% of GDP
State budget revenue mobilization target for 2026–2030 set at 18% of GDP
This target was introduced by the Prime Minister in Decision No. 1119/QD-TTg dated June 23, 2026, which amended Decision No. 368/QD-TTg dated March 21, 2022, promulgating the Financial Strategy to 2030.
