Several key economic and financial policies will come into force from June, directly impacting household businesses, state-owned enterprises, and foreign investors.
Several key economic and financial policies will come into force from June, directly impacting household businesses, state-owned enterprises, and foreign investors. (Illustrative image: VNA)
Hanoi (VNA) - Several key economic and financial policies 🦋will come into force ꦺfrom June, directly impacting household businesses, state-owned enterprises, and foreign investors.
According to Decree No. 70/2025/ND-CP, effective from June 1, household and individual businesses with annual revenue of 1 billion VND (over 38,400 USD) or more must use e-invoices generated from cash registers connected to the tax authorities. The new regulation applies not only to traditional business households but also extends to sectors such as food and beverage, hospitality, passenger transport, and entertainment.
The electronic invoicing software provider offers guidance to corporate accountants on e-invoice application. (Photo: VNA)
A circular issued on April 28, effective from June 15, provides detailed guidance on wage, remuneration, and bonus mechanisms for state-owned enterprises (SOEs). Salaries will be determined based on pre-tax profits, labour productivity, and return on equity.
Under Circular No. 03/2025/TT-NHNN, issued by the State Bank of Vietnam on April 29 and taking effect from June 16, foreign investors are permitted to open only one indirect investment account in Vietnam dong at a single bank for all related transactions.
Circular No. 20/2025/TT-BTC by the Ministry of Finance, effective from June 20, mandates that all organisations and individuals involved in foreign investment in Vietnam’s securities market must submit electronic reports via the State Securities Commission’s foreign investor management system. These reports must be stored for a minimum of five years./.
The resolution on piloting a number of special mechanisms and policies aimed at accelerating the development of social housing is set to take effect on June 1, 2025.
Vietnam’s industrial real estate sector is poised for growth, driven by policy reforms, increased foreign investment, and new and expanded industrial zones. By 2030, the country will add 221 new zones, expand 76, and adjust 22 under approved local planning schemes.
The NA draft resolution on several special mechanisms and policies for creating breakthroughs in law making and enforcement includes regulations on the fund for supporting the development of policies and laws which is proposed to be a non-budget state financial fund.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
