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.
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.
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).
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.
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.
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.
As outlined in its recently released 2025 programme on thrift practice and wastefulness prevention, the ministry has emphasised prioritising resources for critical infrastructure development.
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...
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.
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...
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.
The Vietnam Railway Corporation (VNR) has sent a written document requesting the Ministry of Transport to report to the Prime Minister its proposal on establishing a joint venture to develop the railway industry.
The MPI stressed the importance of following a roadmap with detailed objectives such as the establishment and development of at least one financial centre in the city by the end of next year.