ECONOMIC & FINANCIAL NEWS

The National Assembly Standing Committee agreed not to separately include the draft Law Amending the Law on Corporate Income Tax in the 2027 Legislative Program, but instead to incorporate the necessary amendments into the draft Law Amending and Supplementing Certain Provisions of Three Tax Laws, to be submitted to the National Assembly at its 2nd Session.

Vietnam’s tourism sector is accelerating toward a double-digit growth target, with 2026 serving as a foundation-building year and the 2027–2030 period marking a qualitative transformation. From expanding markets and improving product quality to digital transformation and green development, the tourism sector is aiming to enhance the value it generates and its contribution to the economy.

Strengthening the management and use of subcontractors has become a key task to control project quality and progress and prevent illegal subcontracting and contract transfer. This is a notable requirement under Official Letter No. 14422/BTC-QLĐT on strengthening the management and use of subcontractors, recently issued by the Ministry of Finance to improve the effectiveness of subcontractor management and utilization in bidding packages and projects.

During the 2026–2030 period, the Government plans to enhance the independence of the State Bank of Vietnam (SBV) in monetary policy management, gradually shifting from quantity-based management toward primarily price-based management and the use of indirect instruments. The SBV will strengthen its capacity for analysis, forecasting, early warning and timely data-driven decision-making.

The demand for infrastructure capital is growing, while the market is not short of financial resources. The bottleneck lies in the fact that many projects have yet to generate sufficiently clear cash flows, risk allocation mechanisms remain inappropriate, and capital mobilization instruments are not well aligned with asset lifecycles. To attract 15–20-year capital into billion-dollar projects, the challenge is not simply to “find the money” but also to design projects that the market can properly assess and accept the associated risks.

Last week, TEDI, Nam Duoc, and Phan Vu Ha Nam Concrete announced tax penalty decisions, with total tax arrears, penalties, and late payment interest ranging from hundreds of millions of Vietnamese dong to more than VND 12 billion.

According to experts, enterprises that have encountered difficulties, have no remaining revenue or cash flow, but have yet to complete dissolution procedures may continue to face additional obligations and costs. The issue is not merely about fully collecting outstanding amounts, but also about making proper classifications so that enterprises that are “dead but not yet laid to rest” can exit the market in an appropriate manner...

The Ministry of Finance is preparing to lead and coordinate with the State Bank of Vietnam and relevant ministries and agencies to organize a Non-Deal Roadshow (NDR). Through the roadshow, the Ministry of Finance and relevant regulatory authorities will directly provide global financial institutions and investment funds with information on Vietnam’s socio-economic development, key fiscal and monetary policies, and the country’s public debt management orientations.

Governor of the State Bank of Vietnam Pham Duc An emphasized that, to obtain loans based on cash flow, businesses must first ensure financial transparency and fully fulfill their tax obligations to the State. There should not be two separate sets of financial statements, with low profits reported to tax authorities while figures provided to banks for loan applications are “inflated.”

In the first eight months of 2026, Customs authorities detected 29 tobacco smuggling cases, seizing more than 132,000 packs of cigarettes and 135,000 electronic cigarette products. The cases show that smuggled goods are being transported and concealed through increasingly diverse methods, highlighting the need to strengthen risk identification at an early stage...

To enhance the role of market regulation and address difficulties arising from supply disruptions, the Ministry of Finance has proposed adding a mechanism for the “issuance with repayment” of national reserve goods. Under this mechanism, recipients would be required to fully return the quantity and quality of the goods within the prescribed period...

More than 65,000 cases involving entities no longer operating at their registered addresses have been notified of exit suspension, with total tax arrears exceeding VND 6.9 trillion. Behind this enforcement measure lies the challenge of distinguishing between enterprises deliberately evading their obligations and legal entities that have effectively become “clinically dead”…