Vietnam is set to review its tax policies applied to the United States and other strategic partners to ensure a balanced and mutually beneficial trade relationship.

The Vietnamese government is preparing a major administrative restructuring plan that could reduce the number of provinces by 50% and cut down 60-70% of local administrative units.

Currently, 28 expressway projects covering approximately 1,188 km are under construction nationwide, expected to reach the 3,000 km target by 2025. Additionally, numerous road projects are in feasibility study, design, or construction phases.

Prime Minister Pham Minh Chinh has requested extra efforts to reduce administrative procedure processing time and business costs (compliance costs) by at least 30%, while also abolishing 30% of unnecessary business conditions.

Prime Minister Pham Minh Chinh urges stronger trade and investment cooperation with major partners, including the U.S., China, and Europe, while ensuring balanced trade policies and economic resilience.

PM Pham Minh Chinh urged ministers and leaders of sectors and relevant agencies, and local authorities to allocate human and financial resources, as well as time, to improve the quality and ensure the timely development of legal documents.

Vietnam is preparing to merge administrative units and eliminate district-level governments under a new Politburo directive for governance reform.

Regular engagement with businesses is essential for addressing challenges and creating a supportive environment for growth, said South Korean Ambassador to Vietnam Choi Youngsam.

Due to the effects of global supply and demand developments, Vietnam's rice exports in the first two months showed a declining trend as export prices continuously fell.

Prime Minister Pham Minh Chinh chaired a dialogue in Hanoi on March 4 with businesses from ASEAN member countries that are operating in Vietnam.

Hosting APEC 2027 presents both opportunities and challenge for Phu Quoc, as it will welcome thousands of delegates from leading global economies, international organisations, businesses, and the media.

Vietnam’s Prime Minister calls for economic breakthroughs, stronger public sector accountability, and investment acceleration to achieve 8% GDP growth in 2025.

Prime Minister Pham Minh Chinh announced that Vietnam is undergoing a major structural reform, redrawing administrative boundaries to create larger economic zones.

Tsinghua University honors Prime Minister Pham Minh Chinh with an honorary professor title, recognizing his contributions to Vietnam’s economic and diplomatic progress.

On the morning of February 21, Prime Minister Pham Minh Chinh chaired a government conference with local authorities to implement key economic growth policies.

Bad debts of commercial banks in Vietnam as of December 31, 2024 hit more than 733.9 trillion VND, an increase of 3.4% compared to the end of 2023, according to the State Bank of Vietnam.

Prime Minister Pham Minh Chinh has called for a "special mechanism" to attract global scientific talent, ensuring that foreign experts can enter Vietnam at any time.

The Prime Minister has urged businesses to propose and participate in large-scale infrastructure and technological projects, emphasizing transparency and innovation.

During a visit to Quang Nam, Prime Minister Pham Minh Chinh encouraged THACO Group to expand its expertise into railway manufacturing, starting with high-speed train carriages and eventually locomotives.

Prime Minister Pham Minh Chinh has ordered a reduction in recurrent expenditures to below 60% of total budget spending, reallocating funds for economic development and major infrastructure projects.