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Finance Ministry Proposes Tax Rate Revisions: Good News for Earners Between $430 – $2,600...

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The Ministry of Finance has proposed a significant tax reduction, lowering the tax rate from 15% to 10% for bracket 2 and from 25% to 20% for bracket 3.

Smart Border Gate Officially Inaugurated: A $7.5 Million, 6-Lane Gateway Connecting Vietnam and China

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The first phase of the Smart Border Gate project connecting Hữu Nghị (Vietnam) and Hữu Nghị Quan (China) has been successfully completed.

Special Administrative Units: Hanoi and Ho Chi Minh City

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The government has introduced new regulations on administrative unit classification standards, designating Hanoi and Ho Chi Minh City as special-class provincial-level administrative units.