The proposal was made during a reception for COMAC Chairman He Dongfeng on April 14.

Prime Minister Pham Minh Chinh has called on the State-owned Commercial Aircraft Corporation of China, Ltd. (COMAC) to collaborate with Vietnam in advancing its aviation industry and exploring aerospace Opportunities, during a reception for COMAC Chairman He Dongfeng on April 14.

Welcoming He and COMAC leaders on their working visit to Vietnam, which coincided with General Secretary of the Communist Party of China Central Committee and President of China Xi Jinping's on going state visit to the country, the Prime Minister emphasized Vietnam's commitment to fostering partnerships with major enterprises representing China's cutting-edge science and technology. He encouraged investment in road, railway, and aviation infrastructure projects in Vietnam.

The Vietnamese Government, along with relevant ministries and sectors, is prepared to facilitate airlines in organizing and operating flights between Vietnam and other countries, contributing to trade, tourism, and socio-economic development. The Prime Minister suggested that COMAC, in addition to leasing and hire-purchase agreements, collaborate with Vietnamese partners to establish aircraft maintenance and repair centers in Vietnam.

Highlighting global aviation trends and market dynamics, PM Chinh proposed that COMAC support Vietnamese partners in expanding aircraft fleets and air routes. He also urged cooperation in producing components, manufacturing aircraft, developing an aviation industry ecosystem, training high-quality human resources, and exploring Vietnam's aerospace potential. These efforts aim to strengthen the Vietnam-China relationship in a more substantial and effective manner.

COMAC Chairman He Dongfeng shared insights into the company's rapid growth, noting that in just 17 years, COMAC has emerged as a leading aircraft manufacturer, serving numerous global partners.

He expressed agreement with the PM Chinh's vision and hoped for continued support from Vietnamese leaders to expand cooperation, not only in air transport but also in developing Vietnam's aviation industry.

-Tiến Dũng

Some 31,750 automobiles were sold in the month, including 22,339 tourism cars.

Some 31,750 automobiles were sold in March this year, up 47% compared to the previous month and 16% year-on-year, according to the Vietnam Automobile Manufacturers’ Association (VAMA).

Of the total, there were 22,339 tourism cars, increasing 53% year-on-year, 9,231 commercial cars, up 36%, and 180 special-purpose cars, down 36%.

Domestically manufactured and assembled vehicles contributed 14,887 cars, surging 35% against the previous month and 16,863 imported units, up 60% month-on-month.

In the first quarter of the year, Vietnamese firms imported 46,207 completely-built-up (CBU) cars with total revenue of $983 million, up 43.5% year-on-year in quantity and 45.9% in value.

 

 

-Nam Nguyễn

The selling price of SJC-branded gold bars hitting VND107 million ($4,115) per tael.

The selling price of SJC-branded gold bars in the domestic market hit all-time high of VND107 million ($4,115) per tael on April 14 morning.

One tael equals to 37.5 grams, or 1.2 ounces.

The selling prices of the gold bars rose VND500,000 ($19) per tael compared to the previous trading session.

Meanwhile, the selling prices of gold rings started to show signs of decline, standing at VND104.8 million ($4,000) per tael, down VND100,000 ($3.8) per tael against the previous trading session.

In the global market, the gold prices reached $3,224.2 per ounce.

At this level, gold prices in Vietnam stand at around VND5 million ($192.3) a tael higher than the global price.

 

-Phan Linh

Air transport growth recorded in both passenger and cargo volume.

The number of passengers passing through airports nationwide reached over 20.7 million in the first quarter of the year, an increase of 9.2% compared to the same period in 2024, according to the Civil Aviation Authority of Vietnam (CAAV).

Of the figure, 11.7 million were foreigners, a year-on-year increase of nearly 12.3%, while the number of domestic visitors saw an increase of 5.4%, reaching more than 9 million.

Meanwhile, cargo transport reached 329,000 tons, a rise of 12.4% compared to the corresponding period of last year. Of which, Vietnamese airlines transported over 60,000 tons of cargo, up 2.8% year-on-year.

Key airports like Noi Bai International Airport in Hanoi, Da Nang International Airport in central Da Nang city and Tan Son Nhat International Airport in Ho Chi Minh City recorded two-digit growth in terms of both passenger and cargo volume.

 

-Minh Kiệt

The disbursement rate was only 4.6% in the first four months of 2025, significantly lower than the national average disbursement rate for public investment of approximately 8% during the first quarter.

At a meeting of the National Steering Committee for Official Development Assistance (ODA) and concessional loans held on April 13, Deputy Prime Minister Bui Thanh Son, who is also head of the Committee, asked for accelerating the implementation of ODA projects and effective use of this capital.

The Deputy PM was quoted by the Vietnam News Agency as saying at the meeting that accelerating the disbursement of public investment capital, including ODA and concessional loans, is crucial for unlocking development resources.

In order to sustain high economic growth in the coming years, effective use of ODA is essential, he noted.

However, according to the Deputy PM, ODA disbursement remains sluggish. Between 2021 and 2024, the annual average disbursement rate was just 52%. In the first four months of 2025, the rate was only 4.6%, significantly lower than the national average disbursement rate for public investment of approximately 8% during the first quarter. The Government’s task forces, assigned to inspect and expedite public investment disbursement across ministries, sectors, and localities, have identified numerous shortcomings in the management and implementation of ODA and concessional loan-funded projects, largely due to subjective causes.

While recognizing that domestic resources are strategic and fundamental, the Deputy PM stressed the vital role of mobilizing external resources, especially in sectors where Vietnam lacks technological capacity. He noted that ODA has played an important role in supporting Vietnam’s development, including helping the country achieve several United Nations Sustainable Development Goals (SDGs) ahead of schedule.

He affirmed that going forward, Vietnam will focus on projects with substantial ODA funding, high concessionality, short implementation periods, and reduced administrative procedures, especially in infrastructure (railways, aviation) and climate change adaptation. He also called for the preparation of several key projects to initiate direct engagement with international partners.

Deputy PM Son requested the Ministry of Finance to incorporate feedback, review and update reports in preparation for a meeting with foreign donors in early May. He instructed the ministry to coordinate with relevant agencies to submit a proposal to the Prime Minister to consolidate the steering committee by April 18.

The ministry was also tasked with finalizing legal documents to address institutional bottlenecks, including drafting a new decree to replace the existing ones on ODA and concessional loan management, to be submitted to the Government by April 30 under fast-track procedures.

The Ministry of Finance was also assigned to take the lead in proposing amendments to relevant laws, such as the Law on Public Investment, the Law on State Budget, and the Law on Public Debt Management. These proposed changes must be detailed and designed to resolve difficulties in existing projects.

 

Meanwhile, the Ministry of Foreign Affairs was directed to review current procedural obstacles and propose amendments to several articles of the Law on International Treaties, aiming to simplify procedures, particularly in the signing of international agreements related to ODA and concessional loans.

At the meeting, Deputy Minister of Finance Tran Quoc Phuong reported that the total amount of ODA and concessional loans committed for the 2021–2024 period was roughly $3.32 billion. In 2025, the Ministry of Finance has actively pursued new loan negotiations and agreements. In the first four months alone, negotiations were completed for five projects worth a total of $413.84 million, and three framework agreements with Germany, Austria, and Spain for the 2025–2030 period were signed.

To date, consensus has been reached with development partners to sign loan agreements for 23 projects and one budget support loan from the Government of Japan, with a total projected value of approximately $1.47 billion for 2025.

Regarding disbursement, Deputy Minister Phuong said between 2021 and 2024, VND64.33 trillion (nearly $2.5 billion) out of VND131 trillion (more than $5.078 billion) of planned capital was disbursed (excluding Ministry of National Defense data). By the end of March, foreign capital disbursement stood at VND294 billion (nearly $11.4 million), or 1.26% of the annual plan. As of April 30, it is estimated to reach VND1.07 trillion (nearly $41.5 million), equivalent to 4.6% of the annual target, not including rolled-over capital from the previous year.

The Deputy Minister outlined several challenges, including legal inconsistencies; discrepancies between Vietnamese regulations and donor procedures; and overlapping and lengthy negotiation processes, especially due to provisions in the Law on International Treaties. Other issues include asset collateral requirements for public non-business units and lending limits for individual clients of financial institutions.

ODA and concessional loan-funded projects must comply with both Vietnamese laws and donor regulations, which often differ and lack harmonization. In addition, the preparation of investment projects by managing authorities has been slow, with prolonged administrative procedures, delays in budget allocation and site clearance, and limitations in the capacity and resources of project management units and implementing agencies.

At the meeting, ministries, sectors, and localities reviewed their recent performance in managing and utilizing ODA and concessional loans. They proposed institutional reforms, capital allocation strategies, and disbursement measures; identified existing challenges and root causes; and outlined responsibilities and solutions for resolution.

-

Investment from the non-State sector accounted for over VND5.883 trillion ($229 million), marking a 23.2% increase.

Investment capital poured into the central province of Quang Binh for the first quarter of 2025 was estimated at over VND6.964 trillion ($270.7 million), reflecting an 11.6% increase compared to the same period last year, according to the provincial Statistics Office.

Of this total, realized investment from the State sector reached VND1.073 trillion ($41.7 million), a decrease of 26.4%; investment from the non-State sector accounted for over VND5.883 trillion ($229 million), marking a 23.2% increase; and realized investment from the foreign-invested sector reached VND7.9 billion ($307,000), a rise of 3.9% compared to the same period last year.

During Q1 2025, Quang Binh province organized various investment promotion activities and granted investment policy decisions for numerous projects spanning different sectors. The province also directed investors to allocate resources to accelerate the construction progress of several projects, particularly those identified as key initiatives.

Key projects underway in the locality include the Quang Trach Thermal Power Plant Project, the Khe Net Pass Area Railway Upgrade Project, the Passenger Terminal T2 and aircraft apron expansion at Dong Hoi Airport, Component Project 2 - Nhat Le 3 Bridge and connecting roads as part of the Coastal Road and Nhat Le 3 Bridge Project, and Component Project 1 - Coastal Road within the same overarching project.

-Nguyễn Thuấn

The move is part of the city's efforts to modernize the public transport network.

Ho Chi Minh City has officially launched an Open-Loop electronic ticketing system for buses to facilitate non-cash payment, and introduced MultiPass card, a unified payment solution for public transport across the city.

The Open-Loop cashless payment system enables commuters to pay for bus fares using a wide range of options, including credit cards, debit cards, EMV prepaid cards, e-wallets, and smart devices.

The system has been installed on several key bus routes, covering more than 500 vehicles. The rollout is continuing and is expected to reach over 2,000 buses by the end of May.

Meanwhile, the newly introduced MultiPass is a unified transport card designed for frequent commuters, such as students and office workers, offering features and transport-related benefits. The card is compatible with public transport vehicles equipped with POS (point-of-sale) devices.

The department has also launched the MultiGO mobile app, which enables users to check public transport routes and schedules, purchase tickets, and register for a MultiPass card directly through the platform.

 

-Thi Nguyễn

The Whitebook encapsulates a collective vision for a Vietnam that can harnesses innovation, streamlines processes, and embraces sustainability while navigating the complexities of an increasingly dynamic global market.

The European Chamber of Commerce in Vietnam (EuroCham) on April 11 released its 2025 Whitebook under the theme “Administrative Procedure Reform and Dual Transformation: Realizing a Sustainable and Green Economy.”

The Whitebook encapsulates a collective vision for a Viet Nam that can harnesses innovation, streamlines processes, and embraces sustainability while navigating the complexities of an increasingly dynamic global market.

EuroCham Chairman Bruno Jaspaert was quoted by the Government News as saying at the launching ceremony that under the guidance of General Secretary To Lam, Vietnam is striving to enter a new era. The country has set an ambitious goal of achieving high-income status by 2045. To reach this target, it banks on fostering innovation and education, leveraging new strategic infrastructure to drive economic growth, and developing a skilled workforce.

Vietnam stands at a pivotal moment, where bold, forward-thinking strategies are essential to future-proofing its economy against evolving global challenges. This is not just an aspirational goal. It is clear that this country realizes it needs to take actions, and decisive reforms are already in motion to reinforce Vietnam's position as a competitive and dynamic hub for global investment.

EU Ambassador to Vietnam Julien Guerrier, as also quoted by the Government News,  said that over the past 26 years, EuroCham's Whitebook has cemented its position as a vital communication channel, effectively conveying the perspectives of the business community to the Government of Vietnam.

With the 16th edition now available, this valuable tradition will continue to gain strength and have an even greater impact. By carefully considering the recommendations in this Whitebook, listening to each other's opinions, and actively engaging in the implementation of the EVFTA and other initiatives of the EU and Viet Nam, EU and business operators, but also by political leaders, can contribute to the growth and prosperity of the Viet Nam and EU economies.

In 2024, two-way trade between Vietnam and the EU grew by 16 per cent, surpassing $68 billion – a new record.

As the two sides enter the fifth year of the EU-Vietnam Free Trade Agreement (EVFTA), the focus must now shift from maintaining momentum to maximizing impact. With 18 out of 27 EU member states already ratifying the EU-Vietnam Investment Protection Agreement (EVIPA), only nine more approvals are needed to fully ratify the agreement, opening doors to new prospects for trade and investment. Beyond trade and policy, EuroCham plays a pivotal role in bridging European expertise with Vietnam's sustainability ambitions.

-Phạm Long

The establishment of the National Center for Data Innovation and Exploitation as part of the National Data Center is slated by April 2025. 

The Prime Minister has assigned the Minister of Public Security to put the National Data Center into operation by August 19, 2025, according to a notice from the Government Office notice that announced Prime Minister Pham Minh Chinh's conclusions at the first meeting of the Government Steering Committee for Science, Technology, Innovation, Digital Transformation, and Project 06 (a project to develop the application of population data, identification, and electronic authentication for national digital transformation in the period of 2022-2025, with a vision to 2030).

Additionally, the ministry has been tasked with establishing the National Center for Data Innovation and Exploitation as part of the National Data Center by April 2025. 

The Prime Minister also directed the ministry, in coordination with relevant ministries and agencies, to research, develop, and implement several key technologies and products. These include the National Data Coordination and Processing Platform, National Data Exchange Platform, National Blockchain Platform, National Decentralized Identity Application, National Cryptocurrency Exchange, High-Performance Computing Center, National Virtual Assistant, and Civil Data Center.

The Ministry of Public Security will lead collaborative efforts with the Ministry of Health, Ministry of Home Affairs, and Vietnam Social Security (Ministry of Finance), and the Government Office to urgently develop centralized public services for six administrative procedures on the National Public Service Portal. With the participation of the Ho Chi Minh City People's Committee, these services are scheduled to begin official operation and implementation on August 19, 2025.

-Hà Giang

The focus is on safeguarding national interests, ensuring balanced benefits, and sharing risks.

Under Prime Ministerial Decision No. 753/QD-TTg, dated April 12, 2025, a Government negotiation delegation has been established to handle trade matters with the United States.

The delegation will be headed by Minister of Industry and Trade Nguyen Hong Dien, with Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan serving as Deputy Head.

Members include Deputy Minister of Finance Cao Anh Tuan, Deputy Minister of Agriculture and Environment Hoang Trung, Deputy Minister of Science and Technology Pham Duc Long, Deputy Minister of Foreign Affairs Do Hung Viet, Deputy Governor of the State Bank of Vietnam Pham Quang Dung, Deputy Minister of Home Affairs Nguyen Ba Hoan, and Ambassador of Vietnam to the United States Nguyen Quoc Dung.

The delegation's key responsibilities include coordinating with relevant ministries and agencies to develop negotiation scenarios and plans for a reciprocal trade agreement with the US. The focus is on safeguarding national interests, ensuring balanced benefits, and sharing risks.

Additionally, the delegation will conduct negotiations to secure a reciprocal trade agreement that is stable, sustainable, effective, balanced, and mutually beneficial.

It will also report the negotiation progress and results to the Prime Minister and recommend measures and policies for implementing the agreement once finalized.

-Thi Nguyễn

Most Favored Nation import tax rates are to be reduced under a proposal from the Ministry of Finance as Vietnam seeks to enhance its trading environment.

The Ministry of Finance (MoF) has proposed adjustments to Most Favored Nation (MFN) import tax rates on ten product groups, in order to create a more balanced and fair trading environment with Vietnam’s Comprehensive Strategic Partners.

To navigate the evolving and unpredictable global geopolitical and economic landscape, where shifts in economic, trade, and tariff policies are creating swift and profound ripple effects on global investment and commerce, including in Vietnam, the Prime Minister issued Directive No. 06/CT-TTg on March 10, under which the MoF is tasked with urgently proposing amendments to Decree No. 26/2023/ND-CP, dated May 31, 2023, to adjust tax rates on selected product groups. The goal is to strike a balance between economic priorities while ensuring a streamlined approval process, with completion set for March.

New context

Among the key updates, tax reductions are set to be applied to ten product categories. According to Mr. Nguyen Quoc Hung, Director of the Department of Management and Supervision of Tax, Fees and Charges Policies at the Ministry of Finance (MoF), the proposed decree is designed to enhance Vietnam’s trade balance, encourage businesses to diversify their imports, and stimulate consumer demand. Just as importantly, it prioritizes simplicity and clarity, making compliance easier for taxpayers while fostering a more dynamic market environment. “The guiding principle in drafting the decree is to ensure compliance with the tax rate provisions outlined in the Law on Export and Import Duties,” he said. “The adjustments to import duties will apply to goods that are not yet produced domestically or those that are produced but are insufficient to meet demand.”

He further explained that the draft decree focuses on adjusting import duties for high-value imported goods that are of interest to trading partners. The revised tax rates will generally not be lower than those stipulated in Vietnam’s free trade agreements (FTAs). Additionally, adjustments will not introduce new tax rate categories in the tariff schedule. The aim is to maintain uniform tax rates for goods of similar nature and category, preventing trade fraud and minimizing difficulties in classification and tax assessment.

The world’s economic and political landscape is shifting rapidly, with major changes in trade policies and tariffs. These shifts present significant challenges for Vietnam’s economy, requiring the government to respond with agility and strategic adjustments.

Directive No. 06 outlines key priorities and solutions to help Vietnam proactively navigate global and regional developments. As part of these efforts, the government has directed the MoF to urgently revise Decree No. 26 on MFN import tax rates, ensuring a more balanced and rational approach. The process is set to be completed within March under an expedited timeline.

In a discussion with the media, Mr. Hung highlighted the significance of this MFN tax adjustment in strengthening Vietnam’s trade ties with its Comprehensive Strategic Partners, particularly the US.

Vietnam and the US signed a Bilateral Trade Agreement in 2001, but the absence of a dedicated FTA means US exports to Vietnam still face MFN tariff rates rather than preferential treatment. The Comprehensive Strategic Partnership represents the highest tier of diplomatic and economic relations, built on long-term mutual interests, support, and collaboration across multiple sectors.

The Comprehensive Strategic Partnership between Vietnam and the US was established on September 11, 2023. However, without a bilateral FTA, US imports remain subject to MFN tariffs, which apply equally to all WTO members. This creates a competitive disadvantage for US goods compared to those from countries that already have FTAs with Vietnam.

Beyond the US, Vietnam has Comprehensive Strategic Partnerships with eleven other countries, including China, Japan, South Korea, Australia, Russia, India, France, Singapore, Malaysia, Indonesia, and New Zealand. Ensuring fairness in tax policies across these key trade partners is essential.

With the government’s directive in place, the MoF has underscored the need to adjust MFN import tax rates for select goods to ensure fair treatment for Vietnam’s Comprehensive Strategic Partners.

 

The draft decree proposes reductions in Most Favored Nation import tax rates for the following product groups:

- Automobiles under three HS codes (8703.23.63, 8703.23.57, and 8703.24.51) reduced from 64% and 45% to a unified rate of 32%;

- Ethanol from 10% to 5%;

- Frozen chicken legs from 20% to 15%;

- Pistachio nuts from 15% to 5%;

- Almonds from 10% to 5%;

- Fresh apples from 8% to 5%;

- Sweet cherries from 10% to 5%;

- Raisins from 12% to 5%;

- Wood and wooden products under HS Groups 44.21, 94.01, and 94.03 from 20% and 25% to a unified rate of 5%; 

- Liquefied natural gas (LNG) from 5% to 2%; aith a 0% tax rate; and

- Ethane is also proposed to be added to Chapter 98, with a 0% tax rate.

 

 

 

The revised tax rates will generally not be lower than those specified in the FTAs to which Vietnam is a signatory. The decree also ensures that no new tax rates are introduced in the tariff schedule and that uniform tax rates are applied to goods of the same nature and category. This aims to prevent trade fraud and minimize challenges in classification and tax calculation."

Mr. Nguyen Quoc Hung, Director of the Department of Management and Supervision of Tax, Fees and Charges Policies, Ministry of Finance

 

 

 

 

#box1744588320312{background-color:#9ab562}

-Thu Lan

Efforts to establish a paperless government will require all leaders, officials, and civil servants at all levels to handle work entirely online and use digital signatures, with a deadline of June 30, 2025.

The Government Office has issued Notice No. 171/TB-VPCP dated April 11, 2025, summarizing the outcomes of the first meeting of the Government's Steering Committee for Science, Technology, Innovation Development, Digital Transformation, and Project 06.

According to the notice, the Government  mandates the implementation of biometric technology using the VneID platform at all airports, seaports, and border gates nationwide, with completion set for the second quarter of 2025.

Key tasks outlined by the Prime Minister, who also heads the Steering Committee, include completing the digitization of civil status data, land data, and other relevant datasets; reusing these datasets; and simplifying administrative procedures. These tasks are to be finalized by the second quarter of 2025.

Additionally, efforts to establish a paperless government will require all leaders, officials, and civil servants at all levels to handle work entirely online and use digital signatures, with a deadline of June 30, 2025.

Further directives include reducing the required documents for administrative procedures where information has been integrated into electronic identification accounts, promoting the quality and efficiency of online public services, and rearranging administrative units. Operational procedures, documents, and records will be digitized and restructured, with 100% of digitized data reused to minimize administrative costs for citizens and businesses.

The Minister of Science and Technology has been assigned to develop and submit to competent authorities the following: a National Program for the Development of Strategic Technology and Industry, to be completed in May 2025; the establishment of a Strategic Industry Development Investment Fund and a Scheme to create large-scale domestic strategic technology enterprises to develop digital infrastructure, digital human resources, digital data, strategic technology, and cybersecurity, to be completed in September 2025; and a Digital Government Development Program, to be completed in June 2025.

Other priorities include the implementation of paperless government initiatives and management processes in the electronic environment using data, to be finalized in September 2025. Additionally, the notice highlights the promotion of data transmission systems via satellite and high-speed broadband fiber optics, with completion expected in April 2025.

-Nam Anh

At a Government meeting on law-making on April 13, PM Pham Minh Chinh asks for removal of all institutional obstacles and difficulties to serve national development.

Prime Minister Pham Minh Chinh on April 13 called for the urgent institutionalization of the Party's policies and the removal of all institutional obstacles and difficulties to serve national development while chairing the

At a monthly Government meeting on law-making, held on April 13, Prime Minister Pham Minh Chinh asked for the urgent institutionalization of the Party's policies and the removal of all institutional obstacles and difficulties to serve national development.

The PM was quoted by the Vietnam News Agency as  stating at the meeting that significant time and efforts have been dedicated to building and improving the legal and institutional framework, which is considered one of the country's strategic breakthroughs.

Since the beginning of the current term, the Government has held 35 thematic sessions on law-making. Three of these sessions were held in 2025, reviewing and giving feedback on 18 draft laws, ordinances and resolutions, according to the Government leader.

Developing and improving the institutional framework is becoming increasingly systematic, professional, innovative, scientific, practical and effective, the PM  noted, with a focus on streamlining administrative procedures promoting decentralization and delegation of power, alongside resource allocation, inspection and supervision.

At the meeting, Government officials reviewed and commented on four draft laws and two draft resolutions from the National Assembly (NA) for consideration and approval.

One of the discussion topics was naturalization and restoration of nationality in the draft amendment to the current Law on Vietnamese Nationality, to make Vietnamese naturalization more open and convenient.

In the draft amendment to the Penal Code, discussions centered on capital punishment and its execution, monetary penalties for violations, and issues related to high-tech crimes and commercial fraud. Officials also mulled over whether to apply criminal procedures for violations arising from new and experimental sci-tech business models.

Regarding the draft NA resolution on the establishment of regional and international financial centers (IFCs) in Vietnam, officials commented on special, breakthrough policies to build and develop leading IFCs that operate according to international standards.

They also discussed the operational and management models of these establishments, along with procedures for dispute resolution and mechanisms to attract talent and investment.

 

Discussing the NA resolution on a pilot scheme for social housing development, Government officials focused on how these regulations promote house ownership for low-income individuals and industrial park workers, and the involvement of labor unions in this process.

Other topics of discussion include the draft amendments to the Law on Organization of Criminal Investigation Bodies and the Law on Handling Administrative Violations.

Concluding the meeting, the Government leader praised the Ministry of Public Security, Ministry of Justice, Ministry of Finance, and Ministry of Construction for their proactive and diligent preparation and submission of the draft laws and resolutions, as well as government members for their constructive feedback during the discussions.

He directed the ministries in charge of drafting bills and resolutions to take into consideration the comments and promptly finalize the legislative dossiers to submit to the NA at its upcoming session next month.

Deputy PMs are required to manage relevant agencies in finalizing the draft laws and resolutions within their jurisdiction. The principle is to address all institutional obstacles hindering national growth and production capacity, and mobilize all social resources for development.

The decentralization and delegation of authority should be carried out to the greatest extent possible, accompanied by inspection and supervision mechanisms as well as resource allocation.

In addition to streamlining administrative procedures, authority and regulations to handle administrative violations must be made clear to ensure effective enforcement.

-Vân Nguyễn

Specific objectives include increasing Cam Thuy district's urban population from 16,214 in 2024 to 25,000 by 2045.

The People's Committee of the central province of Thanh Hoa  has officially approved the Cam Tan Urban Development Program in Cam Thuy district, extending to 2045.

The program is designed to promote sustainable development, address climate change, and optimize resource utilization, while enhancing residents' quality of life and preserving the local cultural identity.

The program encompasses the entire natural area of 2,998.8 hectares in Cam Tan Commune (1,459.4 hectares) and Cam Van Commune (1,539.4 hectares).

Specific objectives include increasing the district's urban population from 16,214 in 2024 to 25,000 by 2045.

The total estimated budget for the program's implementation exceeds VND2 trillion ($81 million), including nearly VND1.155 trillion ($44.7 million) from public investment capital fund, and VND 935 billion ($36 million) from other sources.

-Thiên Anh

The roadshow offers a platform to exchange implementation methods and share practical experiences in managing metro projects.

An international conference on urban railways (metro) is set to take place in Ho Chi Minh City (HCMC) on April 18.

The event aims to inform domestic and international investors about the city's metro project investment plans.

Vice Chairman of the municipal People's Committee Bui Xuan Cuong has approved a proposal submitted by the HCMC Management Authority for Urban Railways (MAUR) to hold an international roadshow and conference providing consultancy details for the implementation of urban railway projects in HCMC.

According to MAUR, to effectively implement Resolution 188/2025/QH15 and meet the goal of launching the main contract package for Metro Line 2 (Ben Thanh - Tham Luong) by the end of 2025, the  MAUR will collaborate with the Hanoi Metropolitan Railway Management Board (MRB) to hold an "international roadshow" informing stakeholders about investment opportunities in metro systems for both Hanoi and HCMC.

The roadshow will enable MAUR to inform a broad audience of domestic and international investors about the city's metro system investment plans. It also provides an opportunity to evaluate the capacity and expertise of consulting firms, allowing MAUR to commence priority tasks for Metro Line 2 immediately.

For investors, the roadshow offers a platform to exchange implementation methods and share practical experiences in managing metro projects from their perspectives as project owners or stakeholders.

-Thiên Ân

Greenhouse gas emission quotas are to be allocated to the 150 largest emitting enterprises in certain sectors under a draft decree recently reviewed by a high-level meeting.

Deputy Prime Minister Tran Hong Ha led a high-level meeting on March 24 to review and provide insights into a draft decree amending Government Decree No. 06/2022/ND-CP, which governs greenhouse gas emission reduction and ozone layer protection. The proposed new roadmap aligns with Vietnam’s commitment to international climate agreements and aims to implement key provisions of the Law on Environmental Protection.

Vietnam plans to allocate greenhouse gas emission quotas to 150 facilities with significant emissions across the thermal power, steel production, and cement production sectors in its initial phase. Collectively, these facilities contribute approximately 40 per cent of the nation’s total greenhouse gas emissions.

Emission-intensive sectors

According to the drafting committee, the proposed regulations in the draft aim to strengthen greenhouse gas inventory efforts, verify inventory results, and implement measures to reduce emissions. The decree also seeks to enhance decentralization and administrative reforms, cutting compliance costs for businesses involved in emission inventory verification, mitigation measures, and emission quota allocation.

Sectoral management ministries will propose annual emission quotas for facilities under their jurisdiction. The Ministry of Agriculture and Environment (MAE) will compile these proposals and submit them to the Prime Minister for approval of the total emission quotas by phase and year before overseeing their allocation.

The revised regulations also refine policies on the carbon market, clearly defining eligible participants for emission quota and carbon credit trading. The draft introduces new provisions for a National Registry System for emission quotas and carbon credits, supporting better oversight. It further details trading activities on carbon exchanges and establishes mechanisms for domestic credit trading and offsets.

Under the draft decree, sectoral ministries will be responsible for approving technical standards for carbon credit generation, project registration, modifications to project participants, project deregistration, and the issuance of carbon credits within their respective sectors.

New administrative procedures have been introduced for verifying greenhouse gas inventory results at facilities receiving allocated quotas, as well as for domestic carbon credit trading and offsets. However, these procedures have been streamlined to reduce the number of entities requiring carbon credit certification and to simplify the verification process for emission quotas.

The draft decree outlines a phased emission quota allocation plan over three periods: 2025-2026, 2027-2028, and 2029-2030. The initial phase will focus on high-emission facilities in three key industries: thermal power, steel production, and cement manufacturing. An estimated 150 facilities will receive quotas in this first phase, covering approximately 40 per cent of the country’s total greenhouse gas emissions.

Regulatory framework and roadmap

At the meeting, representatives from the Ministry of Industry and Trade, the Ministry of Construction, and the Ministry of Finance proposed the establishment of regulations, criteria, methodologies, and selection criteria for independent consulting organizations and experts to conduct greenhouse gas emission inventories and verify related results. This aims to ensure objectivity, fairness, and transparency.

The ministries also suggested developing a set of criteria for allocating emission quotas across different sectors, regions, and businesses, ensuring compatibility between domestic quota and carbon credit regulations and international standards. They emphasized the need to maintain the quality of traded emission quotas and carbon credits in the market.

Deputy Prime Minister Ha noted that the draft decree has incorporated international developments, practical experiences, and existing knowledge, reflecting Vietnam’s commitment to international agreements on greenhouse gas emission reductions. The draft has garnered interest from domestic businesses, trade partners, and international organizations.

However, as this is a highly technical decree subject to ongoing changes, the MAE must ensure alignment with sectoral laws and international agreements. The ministry should also adopt a controlled “sandbox” approach to continuously update technical aspects that may evolve.

Since this is a new field, new administrative procedures will be required for State management. However, these procedures must remain as simple and streamlined as possible. The decree should support the gradual adoption of technology, improved management, and enhanced absorption measures to reduce emissions while also enabling Vietnamese goods to remain competitive in global markets. “Therefore, the regulations on standards, methodologies, and policies must align with international practices while closely adhering to the specific standards of each market, business sector, and enterprise type,” the Deputy Prime Minister emphasized. “This should not be a one-size-fits-all approach but rather flexible and diverse, ranging from the highest and most stringent standards to the most relaxed ones, depending on each market.”

The decree must delegate responsibilities to ministries and sectors for establishing and issuing technical standards related to emission quotas and carbon credits. It should also define conditions for the establishment and operation of independent consulting organizations and experts responsible for measuring, verifying, reporting, and recognizing greenhouse gas emissions and carbon credit data, ensuring mutual recognition among international organizations and partners.

He also provided guidance on regulations for managing carbon credits as a tradable commodity in the carbon market, decentralizing emission quota management to specialized ministries, and applying technology and digitalization in the management and operation of emissions and carbon credits.

Decision No. 13/2024/QD-TTg, dated August 13, 2024, updates the list of sectors and facilities required to conduct greenhouse gas inventories, including 2,166 facilities: 1,805 in the industry and trade sector, 75 in transportation, 229 in construction, and 57 in the natural resources and environment sector. Six sectors are required to conduct greenhouse gas inventories: energy, transportation, construction, industrial processes, agriculture, forestry and land use, and waste management.

Meanwhile, according to Decree No. 06/2022/ND-CP, dated January 7, 2022, on greenhouse gas emission reductions and ozone layer protection, enterprises subject to greenhouse gas inventory requirements must submit their reports to the provincial People’s Committee for verification by March 31, 2025.

Under Decision No. 232/QD-TTg, dated January 24, 2025, which approves the roadmap for the establishment and development of Vietnam’s carbon market, the regulatory framework for greenhouse gas emission quota trading, carbon credits, and credit exchange mechanisms will be developed before June 2025 to provide a legal foundation for the pilot operation of a carbon trading platform. Infrastructure will also be built to facilitate market operations.

From June 2025 to the end of 2028, Vietnam will pilot a domestic carbon trading platform while continuing to refine the legal framework for the carbon market.

From 2029 onwards, the domestic carbon exchange will be officially operational. The scope of emission quota allocations to different sectors and facilities will be studied and expanded in line with the roadmap.

-Tùng Dương

One of the key initiatives in the city's economic and industrial development plan for the 2025–2030 period, the project costs an estimated total investment capital of $39.59 million.

The Management Board of Hue City Economic and Industrial Zones has officially announced a call for investors for the "Investment in Construction and Business Operation of Infrastructure for Industrial Park No. 2" project.

Spanning over 204 ha, the project is one of the key initiatives in the city's economic and industrial development plan for the 2025–2030 period, with an estimated total investment capital of over VND1 trillion ($39.59 million).

According to the plan, the project will be located in Phu Loc district, within the Chan May – Lang Co Economic Zone, which is strategically positioned between Da Nang and Hue City, offering significant development potential. Investors are required to contribute a minimum equity of VND153 billion ($5.9 million), equivalent to 15% of the total investment capital.

Construction is scheduled to begin in the first quarter of 2026 and is expected to be completed by the fourth quarter of 2027.

The deadline for investors to submit their investment policy proposal documents is May 5, 2025.

-Nguyễn Thuấn

Hai Phong has also been attracting investment in green and renewable energy projects, such as waste-to-energy and wind power.

For its green transition and sustainable development, the northern port city of Hai Phong has proposed to the Prime Minister to halt the implementation of Phase 2 of the Hai Phong Thermal Power Plant in Thuy Nguyen district and implement renewable energy projects instead...

This was one of the conclusions announced by the Chairman of the Hai Phong City People's Committee at a recently conference titled "Hai Phong City: Pioneering Green Transition and Sustainable Development."

The conclusion also affirmed that Hai Phong is one of the localities proactively implementing green transition and sustainable development, prioritizing four sectors: industrial production, transport, tourism, and energy.

According to Mr. Nguyen Van Tung, Chairman of the City People's Committee, regarding industrial production, several industrial parks like Nam Cau Kien and DEEP C are actively undergoing green transition, utilizing clean and renewable energy. Newly developed industrial parks are oriented towards being green and ecological industrial parks.

Regarding transport, the city's People's Committee has submitted a proposal to the City People's Council for a resolution approving a transport development plan aimed at reducing traffic congestion and environmental pollution on Cat Ba Island by 2025. This includes phasing out certain types of gasoline and diesel-fueled vehicles on the island according to a specific and reasonable roadmap.

Regarding energy, Hai Phong has also been attracting investment in green and renewable energy projects, such as waste-to-energy and wind power (particularly in the Bach Long Vi island). Some businesses within industrial parks have invested in installing rooftop solar power to reduce reliance on traditional electricity sources.

Regarding tourism, Hai Phong has been implementing eco-tourism and community-based tourism models in the Do Son and Cat Ba Island areas.

-Nam Khánh

The US, India and Germany are the three biggest importers.

Vietnam exported 47,660 tons of pepper in the first quarter of the year, earning $326.6 million, according to the Vietnam Pepper and Spice Association.

The figures represent a year-on-year reduction of 16.1% in volume but increase of 38.6% in value.

The average export price is estimated at $6,711 per ton of black pepper and $8,617 per ton of white pepper, up 94.9% and 73.9%, respectively.

In March alone, local businesses shipped 20,244 tons of pepper worth $141.6 million, soaring 41.3% in quantity and 45.6% in value compared to the same period last year.

The US remains the biggest importer in the three-month period with 10,278 tons, followed by India 3,370 tons, and Germany 3,358 tons.

 

-Chương Phượng

At the plenum held between April 10-12, the Party Central Committee reached agreement on proposals concerning the continued restructuring of the political system’s organizational apparatus, rearranging administrative units and organizing local administrations with provincial and communal levels.

The 11th plenum of the 13th Party Central Committee concluded  on April 12 afternoon after three days of sitting, reaching agreement on proposals concerning the continued restructuring of the political system’s organizational apparatus, rearranging administrative units and organizing local administrations with provincial and communal levels, according to  the Vietnam News Agency.

 Party General Secretary To Lam  was quoted by the news agency as saying at the closing session of the plenum that members of the Party Central Committee discussed many new and important matters, and reached high consensus on major and core issues, culminating in a unanimous vote to adopt the plenum's resolution.

Many members proposed the Politburo recognize the session as a historic one, marking a turning point with bold decisions for the country’s new phase of revolutionary development, he said.

The Party chief praised the committee’s proactive, scientific, and efficient work attitude, as well as the thorough and focused preparations carried out by sub-committees and relevant agencies.

He said that the Party Central Committee reached broad agreement on proposals concerning the continued restructuring of the political system’s organizational apparatus, rearranging administrative units and organizing local administrations with provincial and communal levels. Under the new model, the country will comprise 34 provincial-level units (28 provinces and six centrally-run cities), with specific names and administrative centers determined according to the outlined principles.

The dissolution of district-level administrative units will be conducted, pending the National Assembly’s revision of the 2013 Constitution and the 2025 Law on Local Government Organization. Commune-level units will be merged to reduce their overall number by around 60–70%.

The Party leader affirmed the support for aligning local Party structures with the new administrative levels - province and commune - while disbanding district-level Party organizations in accordance with the Party's Charter and regulations.

Following the new structure, provinces will both implement central policies and issue provincial/municipal policies. They will also directly oversee commune-level activities. Communes, meanwhile, will execute policies handed down from the central and provincial levels, while gaining more autonomy to issue local legal documents, organize law enforcement as well as decide issues within their authority.

The Party leader also gave the green light to merge and streamline the Vietnam Fatherland Front committees, socio-political organizations, and mass associations across all levels. This includes disbanding unions for civil servants and armed forces, and reducing union fee contributions for workers and employees.

The Party Central Committee agreed on restructuring the People’s Courts and People’s Procuracies. The district and high-level courts/procuracies will be dissolved, replaced by a three-level system -the Supreme People’s Court/Procuracy, provincial/municipal and regional courts/procuracies. The structure of military courts and procuracies remains unchanged.

It also reached consensus on amendments to the Constitution and relevant laws, which must be finalized by June 30, and come into effect from July 1, with provisions on transitional period to ensure continuity and alignment with the reorganization roadmap.

General Secretary Lam underlined that the National Assembly, Government, and relevant bodies must work closely and efficiently to carry out institutional reforms. The goal is to remove legal and procedural bottlenecks, especially in public procurement, budgeting, public investment, private sector development, science and technology, innovation, and digital transformation, facilitating the revolution on organizational apparatus.

He also emphasized the need to foster a legal environment that is transparent, safe, and low-cost, while turning institutional obstacles into competitive advantages to help position Vietnam as a regional leader in administrative reform and innovation.

The plenum also discussed and reached agreement on many issues relating to the preparation for the upcoming 14th National Congress of the Party.

-