Hanoi (VNA) 🐓– The following is a brief review of the day’s events as reported by the Vietnam News Agency.
- Party General Secretary To Lam attended a ceremony in Ho Chi Minh City on June 30 to announce the central and local resolutions and decisions enabling the official launch of the two-tier local government for the new HCM City, which now incorporates the territories of the former Ho Chi Minh City, Binh Duong province, and Ba Ria – Vung Tau province.
The documents include those regarding the merger of provincial- and commune-level administrative units, the termination of district-level administrative units, the establishment of Party organisations, as well as the appointment of personnel to the Party Committees, People's Councils, People's Committees, and Vietnam Fatherland Front (VFF) Committees of HCM City and its communes, wards, and special zones. Read full story
- State President Luong Cuong has emphasised that the restructuring of commune-level administrative units will open up new development space for Hanoi to better promote its role as the spearhead and growth driver for the capital region, the northern key economic region, and the whole country.
The State leader made the statement while attending a ceremony in Hanoi on June 30 morning to announce the National Assembly Standing Committee’s resolution on the reorganisation of commune-level administrative units, and the city’s relevant decisions. Read full story
At the ceremony, resolutions and decisions on the organisation and personnel appointments of new Hai Phong city were announced, along with decisions on the establishment of the municipal Party Committee, and the mergence of commune-level administrative units. Read full story
- A ceremony was held in the presence of National Assembly (NA) Chairman Tran Thanh Man on June 30 to announce the resolutions and decisions on the administrative unit reorganisation and personnel appointments in the Mekong Delta city of Can Tho.
According to the Party Central Committee's decisions along with the NA's and the NA Standing Committee's resolutions, the entire natural areas and populations of Can Tho city, Soc Trang province, and Hau Giang province are re-organised into a new administrative unit named "Can Tho city". Following the merger, the new Can Tho comprises 103 commune-level administrative units, including 31 wards and 72 communes. Read full story
- Despite global market turbulence and some delays in domestic reforms, European businesses continue to express strong confidence in Vietnam’s long-term economic prospects, according to the latest Business Confidence Index (BCI) report released by the European Chamber of Commerce in Vietnam (EuroCham) on June 30.The BCI for the second quarter of 2025 recorded a slight dip to 61.1, reflecting heightened global uncertainty. However, the overall sentiment remains one of cautious optimism, with Vietnam still viewed as a resilient and promising investment destination. Read full story
- Vietnam’s total agro-forestry-fishery trade in the first half of 2025 is estimated at 57 billion USD, with exports reaching 33.5 billion USD, up 14.3% year-on-year, according to the Ministry of Agriculture and Environment.Meanwhile, imports rose 12.8% to 23.5 billion USD. Export revenue from major product groups saw strong growth, with agricultural products earning 18.3 billion USD (up 16.8%), aquatic products 5 billion USD (up 14.5%), and forestry products 8.7 billion USD (up 8.8%). Livestock exports were valued at 264 million USD, a 10.1% increase. Read full story
- Starting July 1, e-marketplaces such as Shopee, Lazada, Tiki, and TikTok Shop will officially begin withholding and paying value-added tax (VAT) and personal income tax (PIT) on behalf of individual sellers using their platforms, as in accordance with the Government's Decree No. 117/2025/ND-CP.Economic experts described this as a major shift in tax administration aimed at enhancing the efficiency of tax collection from the fast-growing online business sector, which still faces gaps in data transparency and tax declaration compliance. Read full story
🌳- The Government has established the National Data Development Fund, with an initial capital of 1 trillion VND (38.4 billion USD), to strengthen digital infrastructure and promote data governance.
Under Decree No.160/2025/ND-CP, the fund operates as a non-budget state financial fund. As a non-profit entity, it is administered by the Ministry of Public Security and authorised to maintain its official seal and operate accounts at both the State Treasury and commercial banks legally operating within Vietnam's financial system. Read full story
💙- A Vietnamese-designed Internet of Things (IoT) chip was officially launched by CT Group in Ho Chi Minh City on June 29, marking a notable development in the country’s ambition to build domestic capacity in semiconductor design and production.
Developed by a team of Vietnamese engineers, the chip uses CMOS and III/V semiconductor technologies and is intended for applications in sectors such as UAVs, smart devices and telecommunications. It was introduced at a ceremony marking the group’s 33rd anniversary./. Read full story
