Viet Nam, US step up investment, financial cooperation
Minister of Finance Ngo Van Tuan held working sessions with major corporations and financial institutions during his trip to the US.
#Ministry of Finance
Minister of Finance Ngo Van Tuan held working sessions with major corporations and financial institutions during his trip to the US.
Viet Nam will receive an estimated 221.2 million USD in resources under three Country Programme Documents (CPDs) for the 2027–2031 period with the UN Development Programme (UNDP), UN Children’s Fund (UNICEF) and UN Population Fund (UNFPA).
The Ministry of Finance has submitted a report to the Prime Minister on the disbursement of public investment capital. According to the report, as of early September, more than 513.3 trillion VND in public investment capital had been disbursed, equivalent to 50.2% of the plan assigned by the Prime Minister.
Deputy Prime Minister Nguyen Van Thang has asked the Viet Nam International Financial Centre (VIFC) to prioritise financial products capable of generating actual transactions and attracting medium- and long-term capital for the economy.
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.
Vietnamese Minister of Finance Ngo Van Tuan held talks with Australian Minister for Trade and Tourism, Senator Don Farrell, in Sydney on August 11, to discuss measures to promote trade, investment, development cooperation, green transition, energy and minerals, as well as coordination within bilateral and regional economic cooperation frameworks.
As the state bodies responsible for national socio-economic development strategy, planning and monetary policy, the Party Committees of the State Bank of Viet Nam (SBV) and the Ministry of Finance (MOF) have in recent years focused on resolutely addressing institutional bottlenecks, reforming governance methods and making more effective use of social resources to support economic growth.
Viet Nam will continue tax cuts, tax payment extensions and fee reductions to support people and businesses amid inflationary pressures while helping maintain macroeconomic stability, Deputy Minister of Finance Nguyen Duc Chi said at the Government's regular July press conference on August 3.
To achieve double-digit growth in the first year of the new term, the Ministry of Finance is determined to refine institutional frameworks, strengthen budget management capacity, advance administrative reforms, and enhance the business environment in order to harness growth drivers to their full potential.
Viet Nam is stepping up efforts to build a new generation of competitive private enterprises capable of driving innovation and strengthening the country's integration into global value chains.
Nearly 111,700 new businesses were established nationwide in the first half of 2026, up 22.5% year-on-year, reflecting resilient business activity despite ongoing market volatility, according to the National Statistics Office (NSO) under the Ministry of Finance (MoF).
State budget revenue in May was estimated at nearly 216.3 trillion VND, equivalent to 8.6% of the estimate and 76.9% of the average monthly revenue recorded in the first four months, according to a report by the Ministry of Finance.
The Consumer Price Index (CPI) in May rose 0.29% from the previous month, driven by increases in electricity and water prices amid higher demand during hot weather, as well as higher prices of construction materials, housing rents and petrol, according to a report by the Ministry of Finance.
Venture capital is critical to spurring technological innovation and pushing Vietnamese firms into emerging sectors while supporting legal fine-tuning to create breakthrough momentum for economic growth, Deputy Minister of Finance Nguyen Duc Tam said.
Ministries and agencies must enhance forecasting capacity, adopt more responsive policy tools, and fundamentally rethink how policies are designed and executed in a rapidly evolving environment, said PM Le Minh Hung.
Deputy Prime Minister Nguyen Van Thang has called for swift and effective operations of the Viet Nam International Financial Centre in Ho Chi Minh City and Da Nang, stressing that “progress comes from action” and must go hand in hand with firm, reliable implementation.
The Government of Viet Nam and the United Nations Industrial Development Organisation (UNIDO) on April 20 announced a new country cooperation programme, marking a major step forward in their long-standing partnership to promote inclusive and sustainable industrial development in Viet Nam.
To promptly remove difficulties and create favourable conditions for production and business activities, the Ministry of Finance has issued regulations on exempting a number of fees and charges in the transport sector, contributing to reducing input costs for enterprises and promoting economic recovery and development.
In the first two months of 2026, Viet Nam’s economy continued to record strong recovery signals from the business sector. According to data from the General Statistics Office (Ministry of Finance), the country had 35,471 newly established enterprises, up 70.69% compared with the same period in 2025.
The Ministry of Finance and the Ministry of Industry and Trade announced the latest fuel price adjustment, effective from 3:00 pm on January 29, with most oil and petrol products seeing increases.