Nearly 3,000 Projects Under Review for Resolution
On the morning of December 6th, Prime Minister Pham Minh Chinh chaired the regular November 2025 government meeting, focusing on critical discussions.
Regarding the socio-economic outcomes for November and the first 11 months of 2025, the meeting highlighted a continued positive trend, with each month outperforming the previous. Overall, the 11-month results surpassed those of the same period in 2024 across most sectors.
Notably, the average Consumer Price Index (CPI) for the 11 months increased by 3.3%. National budget revenue for the same period exceeded VND 2.4 trillion, surpassing the estimate by 21.9% and increasing by 30.9% year-on-year. During this time, 275,600 businesses entered or re-entered the market, a 26.1% increase and 1.3 times the number of businesses that exited.
Additionally, local governments at two levels operated smoothly, with digital transformation and administrative reforms accelerated. Nearly 3,000 long-delayed projects were actively addressed, yielding initial positive results.
Prime Minister Pham Minh Chinh addressing the meeting. Photo: VGP
In his concluding remarks, Prime Minister Pham Minh Chinh commended the efforts of all levels, sectors, and localities for overcoming challenges and achieving significant results across most fields.
While acknowledging these achievements, the Prime Minister also pointed out existing shortcomings: Pressure on exchange rates and interest rates remains high, especially amid increasing external risks. Gold prices have fluctuated significantly, and although the real estate market is improving, property prices remain elevated. Social housing development has not met expectations.
Counterfeiting, trade fraud, and intellectual property violations persist, particularly as the year-end approaches. Restructuring and streamlining local government organizations at two levels is complex and challenging, with some areas experiencing delays. Many citizens still face economic hardships.
Gold Trading Floor Establishment Under Consideration in December
Outlining key priorities, the Prime Minister emphasized that all government members, ministers, sector leaders, and local authorities must work diligently and responsibly for the nation’s and people’s well-being.
He specifically urged focus on post-storm recovery, ensuring the repair of 34,352 damaged homes and the construction of 1,628 new homes for affected families. Repairs must be completed by December 31st, and new homes by January 31st, 2026, to ensure “everyone has a home, every family celebrates Tet, and no one is left behind.”
Prime Minister chairing the regular government meeting. Photo: VGP
Efforts should also focus on restoring business operations, creating jobs, and supporting livelihoods. Accelerated public investment disbursement and the implementation of three national target programs are crucial to driving societal investment.
The Prime Minister directed continued proactive monetary policies, coordinated with fiscal expansion and other measures, to ensure timely and effective responses. Credit to high-risk sectors, including real estate, must be closely monitored to prevent systemic risks. Proposals for a gold trading floor establishment are to be submitted by December 2025.
The Ministries of Finance, Industry and Trade, and Agriculture and Environment must collaborate to ensure market stability, particularly during year-end, preventing shortages and price gouging.
The Ministry of Finance is tasked with achieving 100% public investment disbursement and expediting regulations for the International Financial Center in Vietnam. The Ministry of Home Affairs must submit documents implementing Conclusion 206-KL/TW on salary reforms and local government restructuring by December 15th, 2025.
State Budget Revenue Reaches Nearly VND 2.4 Quadrillion in 11 Months
At the November regular government meeting held on the morning of December 6th, Minister of Finance Nguyễn Văn Thắng reported that the state budget revenue for the first 11 months of this year is estimated to reach nearly 2.4 trillion VND, equivalent to 121.9% of the plan and a 30.9% increase compared to the same period last year.
Unlocking a New Growth Cycle: The Revised Investment Law
The global economy is undergoing profound transformations: supply chains are shifting, FDI flows are being reallocated, and a wave of new technologies is reshaping the competitive landscape of nations. For Vietnam, this presents both a significant challenge and a rare opportunity to surge ahead.
Phú Quốc Unveils a Stunning New Look
With APEC 2027 just two years away, Phu Quoc is undergoing a dramatic transformation. Major infrastructure projects, including an expanded airport, a world-class convention center, a grand boulevard, and a new rail line, are reshaping the island’s identity. These developments are crafting a new Phu Quoc—modern, better connected, and poised to become the focal point of the Asia-Pacific region.
By the End of 2025, Vietnam’s Expressway Network Will Span 3,188 Kilometers
By the end of 2025, Vietnam is set to open a total of 3,188 kilometers of highways, including main routes, frontage roads, and local access roads. Notably, when accounting for interchanges and intersections, the country will have completed a minimum of 3,513 kilometers of highways, alongside 1,701 kilometers of coastal roads.
Tech Projects Over $260 Million May Qualify for Extended Tax Exemptions and Reductions
Businesses investing in concentrated digital technology zones are entitled to exclusive benefits, including corporate income tax reductions and streamlined customs procedures.
