Subjecting goods valued at less than $39.4 to a 10% VAT rate could increase State budget revenue by over $106 million.

By 2030, Vietnam will have 221 new industrial parks, 76 industrial parks for expansion, and 22 industrial parks for planning adjustments.

The labor department will proactively coordinate with various agencies, departments, and organizations to facilitate activities that connect labor supply and demand.

Ms. Nguyen Thi Hong, Governor of the State Bank of Vietnam, tells Vietnam Economic Times / VnEconomy’s Phan Linh about the need for adaptive monetary policies to meet the government’s 2025 targets of 8 per cent GDP growth and inflation of below 4.5 per cent amid global uncertainties and trade tensions.

The section is part of National Highway 13 that connects the city to neighboring Binh Duong province.

The projects are expected to be partly funded by loans from the World Bank (WB), with a total investment equivalent to $385 million.