Rise in consumption likely with VAT accord

Rise in consumption likely with VAT accord

The National Assembly has extended the current VAT rate until the middle of next year as part of the country’s efforts to assist its enterprises and stimulate consumption.
Revival of businesses more achievable through support

Revival of businesses more achievable through support

Enterprises are in critical need for more support, with a reduction of taxes and fees proposed to be lengthened until the middle of next year.
State-owned group reform failing to meet expectations

State-owned group reform failing to meet expectations

Slow-paced reform of a series of state-owned enterprises is continuing to undermine the country’s competitiveness and investment environment.
Authorities ponder extension of recovery programme

Authorities ponder extension of recovery programme

Sluggish disbursement of the Programme on Socioeconomic Recovery and Development for 2022-2023 (PSRD) has prompted the government to ask the National Assembly to lengthen the programme, amid enterprises still in difficulties and needing more support.
Government members, heads of sectors grilled at NA’s meeting

Government members, heads of sectors grilled at NA’s meeting

The 15th National Assembly’s 6th session continued in Hanoi on November 6, with Government members and heads of sectors fielding legislators’ questions..
National Assembly to start Q&A session next week

National Assembly to start Q&A session next week

A question and answer session will take place next week as part of the ongoing sixth meeting of the 15th National Assembly (NA).
Vietnam Socioeconomic Forum 2023 seeks solutions

Vietnam Socioeconomic Forum 2023 seeks solutions

At the Vietnam Socioeconomic Forum 2023 on September 19, the National Assembly chairman emphasised that the country is struggling with many challenges.
Leaders question validity of short-term VAT fix to support business community

Leaders question validity of short-term VAT fix to support business community

With the National Assembly set to reduce VAT from 10 to 8 per cent for six months from July 1, some of its deputies argue that the tax cut should be bigger and last longer to support individuals and businesses in the current difficult times.
Authorities step up to avert more job losses

Authorities step up to avert more job losses

Amid enterprises facing increased woes undermining economic growth, the government has been recommended to take prompt solutions to prevent growing unemployment.
Struggling global outlook dampens growth prospects

Struggling global outlook dampens growth prospects

The National Assembly has asked the government to apply more sturdy solutions to boost economic growth currently slowing down.
Expectations for accelerated growth amidst tricky stretch

Expectations for accelerated growth amidst tricky stretch

The government has yet to propose a plan to the National Assembly to adjust the growth target for the whole year, while pinning high hopes on global economic recovery and local production bouncing back.
Vo Van Thuong elected as State President

Vo Van Thuong elected as State President

The 15th National Assembly elected Vo Van Thuong as the new President of Vietnam at its fourth extraordinary session on March 2.
National Assembly elects Vo Van Thuong as State President

National Assembly elects Vo Van Thuong as State President

The 15th National Assembly elected Vo Van Thuong, 53, as the new President of Vietnam at its fourth extraordinary session on March 2.
Vice President Vo Thi Anh Xuan undertakes role of acting President

Vice President Vo Thi Anh Xuan undertakes role of acting President

Vice President Vo Thi Anh Xuan will undertake the role of acting President of Vietnam until the National Assembly elects a new President, the NA Standing Committee made the announcement to agencies, organisations at home and abroad, voters and people nationwide.
NA’s second extraordinary meeting: National Master Plan under review

NA’s second extraordinary meeting: National Master Plan under review

Minister of Planning and Investment Nguyen Chi Dung presented a report on the National Master Plan for the 2021-2030 period with a vision to 2050, following the opening of the 15th National Assembly’s second extraordinary meeting in Hanoi on January 5.
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