Vietnam

Khẳng định sự ủng hộ chủ nghĩa đa phương và sự coi trọng của Việt Nam đối với Liên Hợp Quốc

Bao Dien Tu | Local Language | News | Sept. 18, 2025 | UndeterminedPolitics and Elections

Vietnam’s State President Lương Cường attended the 80th UN General Assembly’s High-Level General Debate, reaffirming Vietnam’s commitment to multilateralism and the United Nations. His attendance highlights Vietnam's role as an active member of the international community, promoting peace, stability, sustainable development, and climate change response. Concurrently, he engaged in bilateral activities with the United States, marking the 30th anniversary of diplomatic normalization and the second anniversary of their comprehensive strategic partnership, aiming to sustain and enhance bilateral relations across political, economic, technological, cultural, and people-to-people sectors.

Since upgrading to a comprehensive strategic partnership two years ago, Vietnam and the United States have seen strengthened mutual respect and expanded high-level communications, including several exchanges between Vietnamese leaders and U.S. Presidents Biden and Trump. Economic relations have flourished, with the U.S. remaining Vietnam’s top export market and signifying strong investment interest. Cultural exchanges and tourism have also grown, fostering deeper mutual understanding and people-to-people connections between the two countries.

Looking ahead, Ambassador Nguyễn Quốc Dũng identifies economy, trade, science and technology as key cooperation areas with high growth potential, aligned with both countries’ strategic interests and global supply chain diversification. Cultural and tourism cooperation is also expected to expand, notably around the U.S.’s 250th independence anniversary in 2026. Education and training represent another critical area, with Vietnam aiming to enhance human resource development by leveraging U.S. educational expertise, thereby fostering stronger bilateral people-to-people ties.

The Vietnamese community in the United States, noted for their success in various fields and growing influence in U.S. society, is seen as a vital bridge for bilateral relations. Their continued engagement and contributions are expected to further promote economic, cultural, and educational exchanges, strengthening the partnership between Vietnam and the United States.

Ưu đãi thuế tại Trung tâm Tài chính Quốc tế lên đến 30 năm

Dantri | Local Language | News | Sept. 18, 2025 | UndeterminedTaxes

The Ministry of Finance in Vietnam has proposed draft financial policies for the International Financial Center, including strict capital and operational requirements for securities companies. Domestic securities firms must have a minimum paid-up charter capital and owner’s equity of VND 5,000 billion, while foreign investors require at least USD 190 million. Both domestic and foreign firms must have operated profitably for the past two years with no accumulated losses prior to applying for a license to establish a member unit. These units need at least VND 800 billion in charter capital, a general director, and 10 certified securities personnel. They are authorized to conduct activities such as brokerage, investment advisory, and fund management but are prohibited from servicing clients outside the financial center’s jurisdiction.

The draft decree also proposes tax incentives to attract investment and skilled professionals. Projects in priority sectors within the International Financial Center will benefit from a corporate income tax rate of 10% for 30 years, including a tax exemption for the first 4 years and a 50% tax reduction for the next 9 years. For non-priority sector projects, the corporate income tax rate is set at 15% for 15 years with a 2-year tax exemption and a 50% tax reduction for 4 years following that.

Additionally, personal income tax exemptions are planned for managers, experts, scientists, and highly qualified professionals working at the Financial Center, applicable to both Vietnamese and foreign individuals until the end of 2030. The exemption covers income from wages and salaries earned within the center and is calculated continuously from the start of income receipt. Tax obligations related to capital transfer from enterprise sales attached to real estate will follow real estate transfer tax rules. Matters not specified in the Decree will comply with current tax laws and regulations.

Doanh nghiệp tư nhân chung tay cùng Nhà nước vì khát vọng Việt Nam hùng cường

Bao Dien Tu | Local Language | News | Sept. 18, 2025 | UndeterminedBizdev-Partnering

On September 16, 2025, the Vietnam Private Sector Forum 2025 (VPSF 2025) held a High-Level Dialogue Session in Hanoi, gathering nearly 1,000 delegates including Party, State, and Government leaders, international organization representatives, experts, and private business community members. The event featured Prime Minister Phạm Minh Chính and resulted from over three months of 12 dialogue sessions across the country, collecting more than 3,000 proposals from nearly 5,000 delegates reflecting private sector realities.

Business leaders and economic experts proposed various initiatives during the dialogue. Key suggestions included building a national brand, promoting trade, developing green logistics infrastructure, and creating sandbox mechanisms for fintech and proptech. Specific sector recommendations included training 10,000 CEOs and mentoring programs for young entrepreneurs, expanding green logistics and smart cold storage, enhancing tax and land policies, developing specialized mechanical manufacturing innovation centers, standardizing sustainable agriculture, accelerating digitalization and traceability, and improving access to capital for technology startups through venture funds and national investment mechanisms.

VPSF 2025 Chairman Đặng Hồng Anh emphasized the private sector's commitment to strategic initiatives aligned with the Party Central Committee’s resolutions, focusing on institution-building, science and technology promotion, strategic enterprise development, and enhancing internal enterprise capacity. The Asian Development Bank (ADB) reaffirmed support, highlighting Resolution 68 as a milestone designating the private sector as the economy’s primary driver, aiming for 20 large private enterprises in global value chains by 2030 and 3 million enterprises contributing 60% of GDP by 2045.

Government leaders expressed appreciation for the private business community’s input and committed to transforming proposals into actionable programs. The dialogue concluded with a symbolic gong-striking ceremony by the Prime Minister and VPSF Chairman, signifying the launch of a new development phase for Vietnam’s private economic sector, dedicated to sustainable growth and prosperity.