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Vietnam’s National Assembly has approved a 30% income tax cut for many small businesses and business households. The measure is one of the key economic decisions made during the first extraordinary session of the 16th National Assembly. The resolution was approved on August 24, one day before the latest reports published on August 25. It took effect on the same day. The tax cut will apply to the 2026 and 2027 tax years. The policy covers resident individuals who earn income from business and have annual revenue of no more than VND10 billion. It also covers Vietnamese firms and other…
Typhoon Narra, known as Storm No. 4 in Vietnam, remained offshore early Monday as heavy rain caused serious flooding across northern areas. The storm brought strong winds and intense rain to the region. Several rivers reached high flood alert levels. At least one person died, while more than 4,000 homes were damaged or flooded in Lang Son Province. At 4am, the centre of the storm was about 140km east of Quang Ninh Province over the Gulf of Tonkin. It had sustained winds of 75 to 88km per hour. Stronger gusts reached 103 to 117km per hour. The storm had moved…
Prime Minister Lê Minh Hưng has ordered stronger security and public order measures across Vietnam during the National Day holiday from August 29 to September 2. The five-day holiday will mark the 81st anniversary of the August Revolution and National Day. National Day is observed on September 2. The date marks Vietnam’s declaration of independence in 1945. The Prime Minister said the holiday could bring a rise in travel, public events and leisure activities. Large crowds may also create risks to public safety, traffic and fire prevention. In an official dispatch signed on August 22, the Prime Minister asked ministries,…
Vietnam is rethinking how it measures productivity as technology, data and green growth change the economy. Productivity is no longer only about making more goods at lower cost. It is also about using technology well, creating more value and using resources in a smart and lasting way. Vietnamese businesses are combining old production methods with new tools to improve output and quality. These changes are helping create a modern system for productivity and quality across the economy. Nguyễn Nam Hải, chairman of the Commission for the Standards, Metrology and Quality of Vietnam, said the country faces both new chances and…
Vietnam’s National Assembly has approved a revised law that aims to modernize legal education through digital technology and artificial intelligence. The new legislation is designed to help people and businesses access legal information more easily while improving public understanding of the country’s laws. The revised Vietnam Legal Education Law was passed on Sunday during the 16th National Assembly. A total of 466 deputies voted in favor, representing 93.2 percent of all National Assembly members. The law introduces new policies that promote digital transformation in legal dissemination and education. It also expands support for vulnerable groups and creates new ways for…
Typhoon Narra remained almost stationary over the Gulf of Tonkin on Sunday, bringing strong winds, rough seas, and heavy rain to northern Vietnam. Authorities warned that the storm’s circulation could continue to trigger flooding, flash floods, and landslides across several provinces through Monday. At 1 p.m. on Sunday, the center of Typhoon Narra was about 155 kilometers east-southeast of Quang Ninh and around 150 kilometers east of Hai Phong. The storm was located north of Bach Long Vi Special Zone and was moving very slowly at about 3 kilometers per hour. Weather officials said the typhoon was producing sustained winds…
The European Union has started applying new packaging rules that will change how products enter its market. The new regulation affects all packaging sold in the EU, no matter where the product comes from or what material the packaging uses. For Vietnamese exporters, the changes mean packaging is now a key part of meeting market requirements. The Packaging and Packaging Waste Regulation entered its general application phase on August 12. The regulation is part of the EU’s plan to reduce packaging waste and support a circular economy. It sets new standards for packaging design, recycling, recycled content, and chemical safety.…
Vietnamese seafood processor An Hai has significantly increased its production capabilities after opening a new tuna-processing facility in central Vietnam. The investment marks an important step in the company’s growth strategy as it seeks to strengthen exports and expand into new international markets. The newly opened Nhon Hoi 2 plant can process around 100 metric tons of raw material each day. Combined with the company’s existing Nhon Hoi 1 facility, An Hai can now process approximately 200 metric tons of raw tuna daily. This volume can be converted into around 100 metric tons of finished tuna products every day. Company…
A major ivory seizure in Vietnam has highlighted the continued threat of illegal wildlife trafficking despite long-standing restrictions on the ivory trade across Asia. Authorities recently discovered nearly 1.2 tonnes of elephant ivory hidden inside a shipment of timber that arrived at a port on Vietnam’s central coast. The case has drawn attention to criminal networks that continue to move ivory across continents and use complex routes to avoid detection. The shipment began its journey from an inland port deep in the Democratic Republic of Congo. Tracking information showed the cargo traveled about 9,000 nautical miles, or roughly 16,700 kilometers,…
German aviation investigators have launched a formal inquiry after a Vietnam Airlines Boeing 787-9 was involved in a runway overrun and tail strike during departure from Munich Airport. The incident happened on August 15 during Flight VN34 from Munich to Hanoi. The aircraft, registered as VN-A867, was carrying out its takeoff when it continued beyond the end of the paved runway before becoming airborne. During the rotation phase, the aircraft’s tail struck the ground. The flight crew was able to keep control of the aircraft. The jet climbed safely after departure and remained airborne while crews assessed the situation. No…
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