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Vietnam’s National Assembly has continued its review of important legal changes covering data security, electronic identity and administrative penalties. Lawmakers discussed the draft measures on November 4 as part of the second session of the 16th National Assembly. The proposed Data Security Law is designed to create a clearer system for protecting information. It would divide data into five levels of security risk, with different protection requirements for each level. Under the draft, organisations responsible for handling data would need to assess risks and apply suitable security measures. These rules would cover the full life of digital information, from the…
Vietnam’s export sector is gaining strength from rising demand for artificial intelligence-related products and strong foreign investment. International analysts see the country as one of Southeast Asia’s leading growth markets, although they have also warned about inflation and heavy reliance on overseas companies. A major factor behind the recent export recovery is the global expansion of AI technology. Products linked to the AI supply chain have become an important part of Vietnam’s trade performance. A World Bank report found that AI-related goods contributed more than 70 percent of the country’s export growth. Vietnam has also benefited from stronger trade with…
Vietnam and Laos are seeking to strengthen cooperation between their national legislatures during an official visit by Lao National Assembly President Sonexay Siphandone. The visit, which began on November 2 and runs until November 5, is expected to support closer political relations and create new opportunities for cooperation between the neighbouring countries. Siphandone is visiting Vietnam with his spouse. The trip is expected to provide an opportunity for leaders from both sides to discuss ways to improve parliamentary ties and turn existing agreements into practical results. The visit also reflects the two countries’ aim to maintain their long-standing partnership. Vietnam…
Vietnam is looking to expand its meetings, incentives, conferences and exhibitions sector as international travel continues to recover. Tourism experts say the country has strong potential to attract more business events, but better promotion, modern facilities and targeted support will be needed to compete with other destinations. The sector, commonly known as MICE tourism, brings together business meetings, company incentive trips, conferences and exhibitions. It can attract visitors who spend on hotels, transport, restaurants, shopping and local activities. Large events can also create business opportunities for service providers and support employment in tourism-related industries. Pham Van Bay, deputy director of…
Vietnam has set an ambitious target to increase retail sales and consumer service revenue by an average of 14 to 15 percent each year through 2030. The plan aims to strengthen the domestic market, support local businesses and increase public confidence in Vietnamese products. The target is part of the Vietnamese Goods for Vietnamese Consumers programme for 2026 to 2030. The programme was approved by Standing Deputy Prime Minister Pham Gia Tuc and is designed to build a stronger system for producing, promoting and selling domestic goods. Under the plan, total retail sales and consumer service revenue are expected to…
Vietnam’s total trade value has surpassed one trillion US dollars for the first time during the opening ten months of 2026, marking a major milestone for the country’s export-driven economy. The figures were reported on Monday, 2 November, as industrial production and foreign direct investment also continued to show growth. According to the Ministry of Industry and Trade, total trade value reached an estimated 1.01 trillion dollars, representing a 32.3 percent increase compared with the same period last year. Exports were estimated at 499 billion dollars, up 27.4 percent year on year. Economic experts said the result reflects Vietnam’s long-term…
Vietnam has launched a new digital platform designed to help residents and visitors discover cultural activities, heritage sites and tourism experiences across the country. The Vietnam Culture Digital Map Platform, known as CMAP, was introduced in Hanoi on 1 November and reported on Monday, 2 November. The initiative aims to make cultural information easier to access through a single online system. Minister of Culture, Sports and Tourism Lam Thi Phuong Thanh said the platform would help people find activities based on location, time and interest. Users will be able to search for museums, festivals, theatres, traditional craft villages and other…
Vietnam’s leadership has called for a major change in the country’s logistics strategy, shifting the focus from expanding individual services towards building a stronger national logistics network. General Secretary and President To Lam made the call on Monday, 2 November, during a meeting with government officials and relevant agencies in Hanoi. He said logistics should be treated as a strategic part of the national economy rather than a separate business sector. A strong logistics system can improve competitiveness, reduce transport costs and help domestic companies connect with international supply chains. It can also support economic independence and make the country…
Hanoi will introduce a financial incentive for women who give birth to two children before reaching the age of 35, as the Vietnamese capital attempts to respond to a continuing decline in fertility. Under the policy approved by the city’s People’s Council, eligible women will receive a one-time payment of four million Vietnamese dong, equivalent to around 154 US dollars. The support programme is scheduled to begin in 2027. The measure is designed to encourage families to have two children and help the city maintain a more balanced population structure. To qualify, women must have permanent or temporary residence in…
Hanoi is preparing a large cultural celebration for Vietnam Culture Day, with organisers planning to distribute 38,000 free tickets for a major concert scheduled to take place at My Dinh National Stadium on 24 November. The event is expected to attract around 50,000 people and will combine traditional Vietnamese performances with contemporary music, modern stage technology and fireworks. The concert is part of the capital’s wider programme to celebrate Vietnamese cultural identity and increase public access to major artistic events. Organisers intend to create a performance that traces the development of Vietnamese culture from its historical roots to modern society.…
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