Tax relief measures extended to support economy, curb inflation
The Government has extended the exemption of agricultural land use tax until December 31, 2030 while allowing businesses and individuals to defer payments of VAT, corporate income tax and personal income tax during 2026.
Registered business capital surges 63. 6% in seven months03/08/2026 17:13More than 125,900 new enterprises were established between January and July, up 16. 9% from a year earlier. Agro-forestry-aquatic product exports rise nearly 12% in July03/08/2026 15:57In the first seven months of 2026, the country's total exports of agro-forestry-aquatic products reached nearly 42. 8 billion USD, up 7. 5% from the same period last year. Government proposes special mechanisms to unblock APEC 2027 projects in Phu Quoc03/08/2026 15:25The projects in Phu Quoc have been implemented under tight deadlines. Since May 2025, the Prime Minister has directed preparations for APEC 2027, including accelerated infrastructure development on the special zone. An Giang province and investors have subsequently launched a number of major projects involving complex technical requirements and demanding construction schedules. Vietnam's FDI inflows surge 58% to 38 billion USD in seven months03/08/2026 15:14The NSO also reported that realised FDI reached an estimated 15. 2 billion USD during the January-July period, an increase of 11. 8% from a year earlier and the highest seven-month disbursement recorded over the past five years. Vietnam's import-export turnover up 28% in first seven months03/08/2026 14:59Vietnam's total import-export turnover reached 659. 58 billion USD in the first seven months of 2026, up 28. 1% year-on-year. Lower fuel, food prices push July CPI down 0. 12%03/08/2026 14:21Vietnam's July CPI increased 3. 08% from December 2025 and 4. 45% year-on-year. Average CPI in the first seven months rose 4. 39% year-on-year, while core inflation increased 4. 19%. Law expected to facilitate cross-border trade03/08/2026 13:30Deputy Director of the Department of Customs Nguyen Thanh Hung said the draft law establishes a legal framework to convert fragmented customs documents into standardised digital data, enabling AI to process and analyse information for automated customs clearance. New growth drivers offer Vietnam's agriculture chance to accelerate03/08/2026 13:26According to Deputy Minister of Agriculture and Environment Dang Ngoc Diep, agricultural, forestry and fishery exports fetched an estimated 35. 88 billion USD in the first six months of 2026, up 6% year-on-year. The sector's GDP expanded by more than 3. 8%, exceeding the government's 3. 7% target. The results were underpinned by stable production, particularly in key industries. Free trade agreements give Vietnam's exports powerful boost03/08/2026 12:21The utilisation rate of FTA tariff preferences remains high, with some agreements, such as the EU-Vietnam Free Trade Agreement (EVFTA), the ASEAN-India FTA, and the ASEAN-Australia-New Zealand FTA, recording rates of 30-50%. Impressive growth poses macroeconomic balancing challenge: experts03/08/2026 10:02Overall, strong first-half performance has prompted several international institutions, including Standard Chartered, UOB and DBS, to raise their growth forecasts for Vietnam. Standard Chartered projects GDP growth of 9. 5% in 2026 and 11% in 2027. Reference exchange rate up 20 VND at week’s beginning03/08/2026 09:06With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,626 VND/USD, and the floor rate 24,090 VND/USD. EVFTA deliver tangible gains for Vietnam-EU trade after six years03/08/2026 04:25Reflecting on the agreement's sixth anniversary, EuroCham Chairman Bruno Jaspaert said that nearly half of all EU-Vietnam trade over the past three decades has taken place under the EVFTA, underscoring the rapid acceleration of economic integration once market access barriers were removed. Long Thanh International Airport accelerates terminal works for commercial launch02/08/2026 18:10According to the Airports Corporation of Vietnam (ACV), construction of the passenger terminal has reached nearly 70% of the total contract value, while civil works alone are almost 80% complete. Ngoc Linh ginseng sets sights on global brand recognition02/08/2026 16:28Dr. Tran Minh Ngoc, Director of the National Institute of Medicinal Materials under the Ministry of Health, said Ngoc Linh ginseng (Panax vietnamensis) is an endemic species found only in Vietnam's Ngoc Linh mountain range at elevations of 1,500–2,100 metres. Trade drives growth momentum for Vietnam's economy in seven months02/08/2026 15:37Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan said Vietnam's total trade may exceed 1 trillion USD in 2026, supported by effective use of new-generation free trade agreements (FTAs). FDI firm spreads sustainable value through community commitment02/08/2026 13:40A subsidiary of Thailand’s SCG Chemicals, LSP manages one of Vietnam’s largest foreign direct investment (FDI) projects, with an initial investment of more than 5 billion USD. The company is also investing an additional USD 500 million to integrate ethane into its feedstock portfolio. Energy-saving drive gathers pace amid soaring summer power demand02/08/2026 11:30Nguyen Van Hung, Vice Chairman of the Cua Lo Ward People’s Committee, said nearly 20% of hotels in the locality have installed rooftop solar systems, helping reduce electricity costs while easing pressure on the power supply during the hottest months. Deeper reforms needed to achieve target of 2 million firms02/08/2026 04:48If Vietnam can create the institutions, funding channels and support systems that allow businesses to develop at different stages, the target of 2 million active enterprises by 2030 could mark not just a numerical milestone, but the emergence of a more resilient engine of growth. Vietnam, Czech Republic step up local investment, trade cooperation02/08/2026 02:36Representatives of the Czech side spoke highly of the potential for cooperation with Da Nang and affirmed their readiness to help connect Czech enterprises with Vietnamese partners, thereby promoting stronger bilateral investment and trade ties in the years to come. Netherlands ready to support Vietnam in deeper integration into global financial markets01/08/2026 17:49The working sessions between Deputy PM Nguyen Van Thang and Dutch partners helped strengthen the foundation of financial cooperation between Vietnam and the Netherlands, opening up opportunities for experience sharing, market connections and new initiatives in finance, technology and innovation, thereby making positive contributions to the comprehensive partnership.