PM orders further cuts, simplification of administrative procedures, business conditions
Prime Minister Le Minh Hung has directed ministries to step up the review to streamline administrative procedures and business conditions, aiming to ease burdens on citizens and enterprises and support high economic growth.
FDI flows to Vietnam up 32% in four months
Total registered foreign direct investment (FDI) into Vietnam, including newly registered and adjusted capital, plus foreign investors’ contributions and share purchases, hit 18.24 billion USD as of April 27, up 32% year-on-year, reported the Ministry of Finance’s National Statistics Office (NSO) on May 3.
All-out push to fast-track Vietnam’s first nuclear power plants
Facing a tight five-year deadline for the Ninh Thuan 1 and 2 nuclear power projects, Khanh Hoa province is stepping up efforts to accelerate key tasks, aiming to complete compensation and site clearance for both plants in the second quarter of 2026, in line with the Prime Minister’s directive.
Double-digit growth target: A view from business costs, opportunities
Recognising that high-growth targets set by localities can only be realised when commitments to support businesses are translated into concrete projects and deliverables, the central province of Khanh Hoa has held discussions with local firms to explore ways to assist with their development.
Household businesses need more enabling policies
Household businesses, seen as a vital pillar of the economy, are currently facing numerous challenges meaning they require more supportive policies to operate effectively, according to a survey conducted by the Vietnam Chamber of Commerce and Industry (VCCI).
Construction begins on Phan Thiet Airport’s civil aviation component
The Lam Dong provincial People’s Committee, in coordination with Sun Group, on April 27 broke ground for Phan Thiet Airport project – civil aviation component, marking a significant step in improving transport infrastructure, expanding development space and enhancing the province’s competitiveness in a new phase.
Cultural export: a lever to elevate Vietnamese brands
As global competition shifts from price to value, embedding cultural identity into products is emerging as a strategic pathway for Vietnamese goods to stand out, positioning the country to transform its rich cultural assets into commercial strength in line with the Politburo’s Resolution 80-NQ/TW on cultural development.
Vietnam charts UAV strategy as Hanoi eyes low-altitude economy
Vietnam is accelerating a national strategy to develop unmanned aerial vehicles (UAVs) as a cornerstone of its emerging low-altitude economy, with Hanoi positioning itself to pilot new governance models, regulatory sandboxes and early-stage applications in controlled airspace.
Turning Vietnam’s medicinal plants into high-value economic sector
Vietnam possesses abundant medicinal plants, and the growing use of herbal ingredients in cosmetics, beverages, daily food products, and tourism is opening up new development space. However, a key challenge remains how to transform this potential into a high-value-added economic sector.
