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Science ministry accelerates formation of tech trading platform, rolls out major Q3 initiatives

Science ministry accelerates formation of tech trading platform, rolls out major Q3 initiatives

The ministry will also submit two resolutions to the Party Central Committee via the Government Party Committee concerning the development of nuclear energy and support for innovation-driven start-ups.
Ministries, localities asked to reduce, simplify administrative procedures in construction

Ministries, localities asked to reduce, simplify administrative procedures in construction

The Ministry of Construction was asked to promptly review, streamline, and simplify 361 administrative procedures related to production and business activities, along with 447 business conditions under its jurisdiction, while ensuring a 30 per cent reduction in administrative processing time,...
​​​​​​​Việt Nam, US look to boost bilateral economic, trade cooperation

​​​​​​​Việt Nam, US look to boost bilateral economic, trade cooperation

Vietnamese Minister of Industry and Trade Nguyễn Hồng Diên met with US Secretary of Commerce Howard Lutnick in Washington, D.C. to boost economic ties and review trade talks.
Vietnamese firms confront rising wave of trade defence measures

Vietnamese firms confront rising wave of trade defence measures

Enterprises are facing mounting pressure from an increase in trade defence measures, according to the Ministry of Industry and Trade. Việt Nam is facing 284 trade remedy investigations as of April 2025.
Special consumption tax to be imposed on petrol to meet environmental goals

Special consumption tax to be imposed on petrol to meet environmental goals

Environmental pollution is on the rise, and without imposing a tax on petrol, it will be difficult to change consumer behavior, the minister stated. A special consumption tax on petrol has been in place since 1998.
Proposed 20% tax on real estate profits sparks concerns

Proposed 20% tax on real estate profits sparks concerns

A proposal to impose a 20-per-cent tax on profits from real estate transfers could negative impacts on the housing market and overall accessibility for homebuyers.
Fuel prices cut again

Fuel prices cut again

Việt Nam’s retail fuel prices were reduced for the second consecutive time from 3pm on May 8, under an urgent directive issued on the same day by the Ministry of Industry and Trade (MoIT).
MoIT takes over as sole C/O issuing body from May 5

MoIT takes over as sole C/O issuing body from May 5

From May 5, 2025, the Ministry of Industry and Trade (MoIT) officially takes over as the single authority responsible for issuing Certificates of Origin (C/O) in Việt Nam.
Việt Nam struggles with millions of tonnes of excess cement, says MoC

Việt Nam struggles with millions of tonnes of excess cement, says MoC

The Ministry of Construction said it had proposed adding cement sector planning to the list of specialised technical planning under the Planning Law, but the proposal was not approved by the National Assembly.
MoIT hosts meeting to review trade promotion activities

MoIT hosts meeting to review trade promotion activities

The Ministry of Industry and Trade (MoIT) on March 4 organised a conference to evaluate and discuss trade promotion activities conducted in February through Vietnamese trade offices abroad. 
Ministry of Transport prioritises investment in key projects

Ministry of Transport prioritises investment in key projects

As outlined in its recently released 2025 programme on thrift practice and wastefulness prevention, the ministry has emphasised prioritising resources for critical infrastructure development.
FTAs and green development remain key drivers of export

FTAs and green development remain key drivers of export

Minister of Industry and Trade Nguyễn Hồng Diên talked to the Vietnam News Agency (VNA) about 2024 - a year the economy faced a mix of challenges, but also saw the country making the most out of Free Trade Agreements...
Industry and trade sector urged to accelerate to meet high targets in 2025

Industry and trade sector urged to accelerate to meet high targets in 2025

Next year Việt Nam needs to confidently enter a new era, and the industry and trade sector must be pioneers to realise those goals, said Deputy Prime Minister and Minister of Foreign Affairs Bùi Thanh Sơn.
Fighting waste important to create resources for development: MoIT

Fighting waste important to create resources for development: MoIT

The Ministry of Industry and Trade will strengthen the effort on fighting waste to resources for sustainable and a breakthrough economic development in the new era, Deputy Minister Nguyễn Sinh Nhật Tân said at a forum held by Công Thương...
NA Standing Committee gives nod to the foundation of an investment support fund

NA Standing Committee gives nod to the foundation of an investment support fund

It is necessary to issue a decree on the foundation, management and use of the investment support fund to attract strategic investors and multinational corporations to Việt Nam, the National Assembly Standing Committee agreed at a meeting on Wednesday afternoon.