Policy

Deputy Prime Minister Ho Quoc Dung has signed Decision No.1493/QD-TTg approving the Special National Programme on Science, Technology and Innovation for Strategic Technologies.

Financial crime in cyberspace is evolving rapidly, from account takeovers and identity fraud to psychological manipulation that induces users themselves to authorise transactions. The banking sector has been gradually building a multi-layered “shield” to protect the digital payment ecosystem.

The Ho Chi Minh City Union of Business Associations (HUBA) on August 27 held its first Congress of Delegates for the 2026–2031 term.

The Government has issued Resolution No. 255/NQ-CP on building an urgent construction project to extend the Ben Thanh-Suoi Tien metro line to Dong Nai City’s administrative centre and Long Thanh International Airport.

Calls for lower lending rates, amid still-high funding costs, have placed the banking sector in an acutely difficult position. However, with solid profitability, together with notable gains in digitalisation and productivity, the time has now come for banks to decisively translate this room for manoeuvre into lower funding costs for the broader economy.

Pursuant to a recently approved National Assembly resolution adjusting the project’s investment policy, the Lao Cai–Ha Noi–Hai Phong railway project will receive an additional 86 trillion VND in investment capital.

As Viet Nam pursues double-digit economic growth, expanding the country’s development space depends not only on mega-projects or leading enterprises, but also on unlocking the potential of millions of household businesses — the “cells” that account for more than 95% of all operating businesses, sustain daily commercial flows, and contribute 30% of the country’s GDP.

The People's Committees of Xuan Huong-Da Lat, Lam Vien-Da Lat, Xuan Truong-Da Lat, Cam Ly-Da Lat, and Lang Biang-Da Lat wards, along with Lac Duong Commune, Lam Dong Province, held a conference on August 22 to engage with businesses and investors and call for investment in 2026.

After 40 years of Doi Moi (Renewal), Viet Nam has recorded many important achievements. However, the development model has gradually revealed limitations, with growth still relying heavily on capital, natural resources and low-cost labour, while human resources, technology and innovation in some enterprises have yet to meet requirements.

The Viet Nam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) officially launched in early 2026. Further improvement of its legal framework is now essential to enable the centre to operate effectively in practice.

Quang Ninh province stands ready to facilitate investment and project implementation by Mexican businesses and investors, Deputy Secretary of the provincial Party Committee Vu Quyet Tien said at a meeting with a high-ranking delegation of Mexico’s Labour Party (PT) on August 20.

Following the administrative merger, Da Nang has more than 808,000 hectares of forestry land, accounting for over 68% of its total natural area. In recent years, many mountainous localities in Da Nang have vigorously developed forest-based livelihoods, including medicinal plant cultivation and ecotourism, generating sustainable incomes for local residents while contributing to forest protection, ecological conservation and socio-economic development.

The Permanent Mission of Viet Nam to the United Nations (UN), the World Trade Organisation (WTO) and other international organisations in Geneva and the Faculty of Political Science and Humanities of the Foreign Trade University (FTU) on August 17 co-hosted a hybrid seminar on industrial policy.

The proposal to reduce tax payable by 30% in 2026 and 2027 is expected to help business households, individual businesspeople and small enterprises ease cash-flow pressure and gain additional resources to maintain and expand operations.

Amid continued volatility in the global economy, the State Bank of Viet Nam (SBV) has pursued a proactive and flexible monetary policy, contributing to macroeconomic stability, inflation control, exchange-rate stability and the maintenance of reasonable interest rates.

With capital needs reaching 38.5 quadrillion VND in the 2026–2030 period, Viet Nam needs to strongly develop its capital markets to ease pressure on the banking system and meet its double-digit growth target.

The State Bank of Viet Nam (SBV)’s top priority is to ensure that every mechanism, policy, and management action supports macroeconomic stability, major economic balances, and resilience, while maintaining a sound and transparent market-based banking system, said Prime Minister Le Minh Hung.

Accelerating public investment disbursement while improving the efficiency of public investment management has been identified as a key priority to drive economic growth and optimise the use of social investment capital.

Minister of Industry and Trade Le Manh Hung held a bilateral working session with New Zealand Minister for Trade and Investment Todd McClay in Auckland on August 13, as part of activities by a high-ranking delegation accompanying General Secretary of the Communist Party of Viet Nam Central Committee and President To Lam on his state visit to New Zealand.

General Secretary of the Communist Party of Viet Nam Central Committee and President To Lam attended the New Zealand–Viet Nam Business Roundtable in Auckland on August 13 as part of his state visit to New Zealand.