ECONOMIC & FINANCIAL NEWS

The decision shows the recognition of Vietnam’s recent efforts to improve its legal framework and policies and enhance enforcement in practice to create a favorable, transparent and stable business and investment environment in line with international standards and practices.

The facility aims to build a GMP-certified complex producing human pharmaceuticals, functional foods, cosmetics, medical equipment, and medical supplies.

Vietnam has attracted more than $570 billion in FDI over nearly four decades.

Vietnam’s south central Lam Dong province is currently home to 37 investment projects backed by South Korean enterprises, representing total registered capital of over $279 million. In the first nine months of 2026, the province’s export revenue to South Korea surpassed $56 million, accounting for 1.7% of its total export value.

A draft decree grants pricing authority to enterprises, but price calculations must adhere to the formula prescribed by the state.

The initial scale of the social housing loan program was VND120 trillion (nearly $4.62 billion), with participation from four state-owned commercial banks.

Among the key cost-push factors, petroleum products are considered to have the widest spillover impact, directly affecting not only commuting expenses but also freight transport, manufacturing, product distribution, and ultimately end-consumer retail prices.

Industrial ecosystems need to be developed and nurtured for Vietnam to benefit from an anticipated change in FDI attraction toward high-tech projects.

The Vietnam Association of Seafood Exporters and Producers (VASEP) has issued Official Dispatch No 152/CV-VASEP to the Ministry of Finance, the Vietnam Tax Authority, and the Vietnam Customs, highlighting tax policy bottlenecks facing seafood processing and exporting enterprises.

The Trade Remedies Authority of Vietnam advises involved enterprises to continue close cooperation, fully respond to subsequent questionnaires, prepare thoroughly for the DOC's on-site verification, and submit comments on the preliminary findings if necessary.

While the private sector makes a significant and growing contribution to State budget revenue, there remain many issues in need of attention.

A recent NordCham Vietnam summit discussed whether Vietnam is able to create the ecosystem needed for a green industrial future.