The consolidation aims to optimize resources and enhance the effectiveness of support for disadvantaged regions, particularly those inhabited by ethnic minorities and mountainous areas.

According to the Government Office's Notice No. 631/TB-VPCP, dated November 19, 2025, the Government has  made a decision on a significant policy shift by consolidating three national target programs into one comprehensive initiative for the period 2026–2035. 

The consolidation aims to optimize resources and enhance the effectiveness of support for disadvantaged regions, particularly those inhabited by ethnic minorities and mountainous areas.

The integration of the three programs—New Rural Development, Sustainable Poverty Reduction, and Socio-Economic Development in Ethnic Minority and Mountainous Areas—holds immense importance. It aligns with the overarching goal of the Party and the State to create a prosperous nation where citizens enjoy a comfortable and happy life. This unified approach is expected to concentrate efforts and resources more effectively, without diminishing existing policies.

The core focus of this integrated program is to address the poverty-stricken areas predominantly inhabited by ethnic minorities. Previously, poverty reduction efforts were spread across the entire country, but now, the emphasis will be on investing heavily in these regions to help them achieve sustainable poverty alleviation. Additionally, while the new rural development program has been implemented nationwide, the remaining efforts will now concentrate on improving the living standards of ethnic minorities and challenging areas.

By extending the socio-economic development program for ethnic minorities and mountainous regions from 2030 to 2035, the government aims to bolster policies and investments in these areas. It is crucial to identify the most effective agencies to implement these policies swiftly and ensure that the benefits reach the people promptly and substantively.

The consolidation of these programs also addresses overlapping content, as recognized by the Standing Board of the Government. The Ministry of Agriculture and Environment, along with other relevant ministries and agencies, has been proactive in preparing the necessary documentation and proposals for this integrated program. 

According to the Notice of the Government Office, the Ministry of Agriculture and Environment, in collaboration with the Ministry of Ethnic Affairs and Religion and the Ministry of Finance, is tasked with finalizing the proposal documents for the consolidated program. This includes ensuring that the content is focused, addressing key issues, and avoiding duplication with other programs.

The proposal must be clear, simple, and feasible, adhering to the objectives and targets approved by the National Assembly. It should also include a provision allowing the government to allocate and adjust program funding within the total budget approved by the National Assembly.

The proposed consolidated program will be approved by the National Assembly. 

vneconomy-Dung Hieu

The platform creates an online transaction environment that utilizes Artificial Intelligence (AI) to collect, process, and analyze labor market data.

The Hanoi Department of Home Affairs has announced that it will officially launch the Hanoi Employment Portal and hold a specialized job fair focused on the Information Technology sector on November 28Accessible at congvieclam.hanoi.gov.vn, the Hanoi Employment Portal serves as an efficient, smart, and rapid digital connection hub between workers, businesses, and recruiters. The platform creates an online transaction environment that utilizes Artificial Intelligence (AI) to collect, process, and analyze labor market data.19According to Deputy Director of the Hanoi Department of Home Affairs Nguyen Tay Nam, the system is designed to support career counseling, job placement, and labor supply, as well as forecast human resource trends. It aims to enhance the operational efficiency of Job Exchange Centers and increase the rate of successful labor supply-and-demand connections across the city in 2025 and subsequent years.

This initiative represents a direct and proactive solution to improve labor matching efficiency. It provides completely free support to all organizations and individuals, allowing workers to access employment information in a transparent, fair, and convenient manner.

The launch ceremony will take place at the Hanoi Job Exchange Center – Hanoi Employment Service Center (No. 215 Trung Kinh, Yen Hoa Ward, Hanoi). The event will feature a live online connection with 14 satellite job exchange centers located in the communes of Ha Dong, Thien Loc, Vat Lai, Thach That, Viet Hung, Thuong Tin, Phu Xuyen, Dan Phuong, Soc Son, Gia Lam, Tu Liem, Quang Minh, Hoai Duc, and Van Dinh.

VNeconomy-Thu Hằng

By providing empirical data and assessing technical and financial feasibility, the pilot project will contribute to building and perfecting the system of standards for wastewater reuse in Vietnam.

A pilot project on Industrial Wastewater Reuse has been launched at DEEP C Haiphong 2 Industrial Zone by the United Nations Development Programme (UNDP) in Vietnam, in coordination with the Embassy of the Kingdom of the Netherlands and DEEP C Industrial Zones.

This initiative falls under the framework of the "Accelerating Circular Economy for Business" (ACE-Biz) project.

Accordingly, the project applies Nanofiltration technology combined with Reverse Osmosis (RO) with a minimum capacity of 1 m3/hour. It is being implemented using four wastewater treatment technological configurations combined with pre-treatment at the Centralized Wastewater Treatment Plant of DEEP C Haiphong 1 Industrial Zone. The output water is designed to meet standards for reuse purposes, such as cooling systems or washing solar panels within the industrial zone.

The project is expected to serve as a crucial premise for scaling up industrial wastewater reuse to 1,000–1,800 m3/day in the next phase, not only at DEEP C but also at other industrial zones across Vietnam. By providing empirical data and assessing technical and financial feasibility, the project will contribute to building and perfecting the system of standards for wastewater reuse in the country.

Deputy Resident Representative of UNDP Vietnam, Ms. Francesca Nardini, stated that piloting wastewater reuse technology through four technological configurations will help this industrial zone verify technological feasibility and treatment costs based on evidence. This pilot project will facilitate the formation of an industrial symbiosis model—one of the requirements for an eco-industrial park—while enhancing water security, minimizing environmental impact, and improving competitiveness in terms of sustainability.

In the role of a strategic partner for technical support and technology transfer, Ms. Fleur Gribnau, Deputy Head of the Economic Department at the Embassy of the Kingdom of the Netherlands in Vietnam, remarked that “the pilot model for wastewater treatment and reuse clearly demonstrates the power of multi-stakeholder partnerships.”

VNeconomy-

Khanh Hoa and Lam Dong provinces will each receive VND200 billion ($7.6 million), while Gia Lai and Dak Lak provinces will each receive VND150 billion ($5.7 million).

Permanent Deputy Prime Minister Nguyen Hoa Binh has signed Decision No. 2549/QĐ-TTg, dated November 21, 2025, approving emergency funding for Khanh Hoa, Lam Dong, Gia Lai, and Dak Lak provinces to address damage caused by heavy rains and flooding.

Accordingly, VND700 billion (approximately $26.65 million) from the 2025 Central budget reserve will be allocated to these four localities to repair flood damage, following the proposal submitted by the Ministry of Finance on November 20.

Specifically, Khanh Hoa and Lam Dong provinces will each receive VND200 billion ($7.6 million), while Gia Lai and Dak Lak provinces will each receive VND150 billion ($5.7 million).

The Deputy Prime Minister instructed the People's Committees of these localities to proactively balance their local budgets. They are required to combine the central government's support with other legal financial resources to implement urgent disaster recovery tasks in accordance with regulations.

The provincial People's Committees are responsible for managing and utilizing the supplementary funds publicly and transparently. They must ensure the funds are used for the intended purposes and beneficiaries, strictly adhering to the Law on State Budget and other relevant legal documents, while preventing any loss, waste, or corruption.

Additionally, the provinces must report the utilization results to the Ministry of Finance, the Ministry of Agriculture and Environment, and other relevant agencies for consolidation and reporting to the Prime Minister. The decision takes effect from the date of signing.

Vneconomy-Đỗ Như

The new decree, that takes effect from November 20, regulates the functions, tasks, powers and organizational structure of all ministries and ministerial-level agencies.

Under Government Decree No. 303/2025/ND-CP, that took effect on November 20, the organizational structure of ministries and ministerial-level agencies (hereafter referred to as ministries) will be streamlined to enhance efficiency and effectiveness across multiple sectors.

Accordingly, each ministry operates under clear principles that define the responsibilities, powers, and duties of the ministry, the Minister, and the Head of ministerial-level agency (hereafter referred to as minister). The Minister holds comprehensive accountability for all activities within the ministry.

The Decree also stipulates the criteria for establishment and the maximum number of deputy heads of organizations and units under ministries.

According to regulations, determining the number of deputy levels in an agency or organization under a ministry must ensure the principle that the maximum number of deputy levels in a affiliated organization does not exceed the number of deputy levels of a directly superior organization.

For agencies and organizations at the same level, the maximum number of deputy heads of agencies and organizations without internal organizations shall not exceed the number of deputy heads of agencies and organizations with internal organizations.

In case it is necessary to increase the number of deputy levels compared to the regulations of competent authorities, a report to competent authorities for consideration and decision is required.

The Decree stipulates that the number of deputy heads of departments, offices, inspectors, type 2 departments, public service units under a ministry is arranged to be an average of no more than 3 people per unit.

In case the type 2 department, office, or department is established on the basis of merging or merging from 2 agencies, the number of deputy heads will be increased by 1 person compared to the prescribed number of deputy heads; if the department, office, or department of type 2 is established on the basis of merging or merging from 3 or more agencies, the number of deputy heads will be increased by 2 people compared to the number of deputy heads prescribed.

Departments, offices, inspectors, and type 2 departments that receive functions, tasks, and organizations according to the decision of the competent authority will have the number of deputy directors increased by 1 person compared to the number of deputy directors prescribed.

The number of deputy heads of type 1 departments is arranged to be an average of no more than 4 people per department.

The Decree stipulates the number of deputy heads of divisions under departments, offices, and inspectors:

- The number of deputy heads of divisions under the department is arranged no more than 3 people.

- Divisions under inspection and offices under ministries have 7 to 9 civil servant positions assigned to 1 deputy level; 10 to 15 civil servant positions are assigned to no more than 2 deputy levels; 16 or more civil servant positions are assigned to no more than 3 deputy levels.

The number of deputy heads of divisions under type 1 departments is arranged to be an average of no more than 3 people per unit.

Devisions under type 2 departments under ministries have 7 to 9 civil servant positions arranged at 1 deputy level; 10 to 15 civil servant positions are arranged at no more than 2 deputy levels; 16 or more civil servant positions are arranged at no more than 3 deputy levels.

The number of deputy heads of divisions under type 1 departments is arranged by an average of no more than 3 people per department; in case the division receives the function, tasks, organization or is newly established on the basis of reorganization, the number of deputy heads is arranged by an average of no more than 4 people per department.

Number of deputy heads of divisions under type 2 departments:

- A division with 1 to 3 rooms is arranged for 1 person; with 4 or more rooms, no more than 2 people are arranged.

- Branches without rooms can be arranged with no more than 2 people.

These organizational regulations do not apply to the Ministry of National Defense and the Ministry of Public Security.

vneconomy-Đỗ Như

Deputy Nguyen Thi Lan from Hanoi highlighted the importance of prioritizing human resource development in agriculture and essential sectors.

Lawmakers on November 20 discussed the draft amendments to several educational laws and a resolution on special mechanisms and policies to implement the Politburo's Resolution No. 71-NQ/TW on breakthroughs in human resource development, education, and training as part of the 15th National Assembly’s 10th session.

Deputy Nguyen Thi Lan from Hanoi highlighted the importance of prioritizing human resource development in agriculture and essential sectors.

Despite the significant demand from society and businesses, fields such as soil science, crop science, animal husbandry, plant protection, agricultural business, rural development, agricultural extension, disaster prevention, fisheries, and forestry struggle to attract young talent. These sectors are crucial for food security, climate change adaptation, and sustainable agricultural development. However, due to the demanding nature of the work, unattractive income, and insufficient policies, they fail to draw interest from students.

Drawing from international experiences, Ms. Lan suggested implementing priority mechanisms like targeted scholarships, preferential loans by sector, training orders, and substantial investments in laboratories and practical models. She also emphasized the need for enhanced collaboration between educational institutions and businesses to increase the appeal and ensure job prospects for graduates.

Additionally, Ms. Lan proposed establishing a national human resource demand forecasting mechanism by sector, with the Government responsible for periodically publishing these forecasts to guide training and resource allocation effectively.

Commenting on the draft amendments to several educational laws deputy Ly Thi Lan from Tuyen Quang focused on early childhood education, particularly in mountainous and ethnic minority areas.

She stressed that without addressing early childhood education, goals to improve educational quality cannot be achieved. The unique geographical challenges in these regions necessitate specific solutions, such as organizing main schools and satellite classes, ensuring staffing and minimum conditions for preschools in mountainous, border, and ethnic minority areas.

Vneconomy-Châu Anh

At their bilateral meeting within the framework of the CPTPP Ministerial Council meeting, Vietnam, Japan and New Zealand support further expansion and upgrading of the multilateral agreement.

Within the framework of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Ministerial Council meeting that took place in Melbourne, Australia, from November 20-21, Vietnam's Minister of Industry and Trade, Mr. Nguyen Hong Dien, had bilateral meetings with representatives from Japan and New Zealand.

During his meeting with Japan's State Minister of Economy, Trade and Industry and State Minister of Cabinet Office, Mr. Kazuchika Iwata, both parties exchanged views on the process of expanding the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) membership, the agenda for upgrading the Agreement, and  priority directions of Vietnam as 2026 chair of the CPTPP.

State Minister Iwata emphasized the importance of enhancing connectivity through high-standard trade agreements like the CPTPP, especially in the face of global economic and trade challenges. Japan hopes that CPTPP members will soon agree on the number of economies eligible to start accession negotiations.

Regarding the CPTPP upgrade negotiations, Mr. Iwata appreciated Vietnam's stance and suggested close cooperation on priority issues, particularly e-commerce and trade facilitation. Japan also acknowledged Vietnam's significant role as the 2026 Chair of the CPTPP.

Minister Nguyen Hong Dien, for his part, stated that alongside expansion, CPTPP members need to enhance the effective implementation of the Agreement. Vietnam supports the admission of new members but stresses the need for a transparent, predictable selection process and appropriate resource allocation if accession negotiations are initiated.

On the topic of upgrading the CPTPP, Minister Dien affirmed Vietnam's support for a "balanced approach that considers the interests and perspectives of all members," while sharing Vietnam's priorities for 2026 and committing to maintain close consultations with Japan.

In a meeting with New Zealand's Minister of Trade and Investment Todd McClay, both sides centered on the U.S. countervailing duty policy, CPTPP expansion, and the agenda for upgrading the Agreement.

Regarding membership expansion, Minister McClay noted the necessity and significance of initiating negotiations with certain economies as the CPTPP continues to assert its role in regional trade connectivity.

Minister McClay also proposed solutions to address resource constraints if CPTPP members agree to open negotiations with multiple economies simultaneously.

For the Agreement upgrade, he suggested developing a comprehensive agenda covering topics of interest to all members.

Minister Dien, for his part, appreciated the information shared by New Zealand and emphasized that full implementation of the Agreement remains a top priority for members. He proposed that the CPTPP establish a transparent, objective admission process, consistent with the principle of consensus, and agree on a resource coordination mechanism if negotiations with multiple economies are activated.

Regarding the CPTPP upgrade negotiations, Minister Dien reiterated Vietnam's support for the principle of "balance, considering the common interests of all members."

Both ministers agreed to assign technical teams to continue discussions in the future, working closely with other CPTPP members to advance related discussions in preparation for Vietnam's role as 2026 CPTPP Chair.

-Nguyệt Hà

The project's key highlight is its focus on developing a green logistics hub that prioritizes renewable energy, carbon emission reduction, and the optimization of multimodal transport, while also driving automation and end-to-end digitalization.

A 21-hectare site in Duc Tho has entered the survey phase for the development of a green logistics center, following a proposal by Viettel Post. Boasting strong connectivity to expressways, airports, and railways, the location opens up opportunities to establish a modern transit hub in northern Ha Tinh.

The People's Committee of Duc Tho commune collaborated with Viettel Post surveyed the planned site for the center on November 20.

The logistics center is strategically located in Dai Loi Hamlet, adjacent to National Highway 8A, a crucial transportation route connecting Vietnam with Laos and other ASEAN countries. The site is just 10 km from the North-South Expressway and approximately 30 km from Vinh Airport, making it an ideal hub for multimodal freight transport, integrating road, rail, and air logistics.

According to the planning approved by the Prime Minister and Ha Tinh province, Dai Loi Hamlet has been identified as a key logistics point in the region. 

Cover an area of 21 ha, the project's total investment is estimated at nearly VND550 billion ($20.8 million). 

The project's key highlight is its focus on developing a green logistics hub that prioritizes renewable energy, carbon emission reduction, and the optimization of multimodal transport, while also driving automation and end-to-end digitalization. 

This model aligns with Ha Tinh province's planning for 2021–2030, with a vision to 2050, and keeps pace with the global trend of sustainable logistics development.

Vneconomy-Nguyễn Thuấn

The Mekong Delta province's economy expanding by 7.85% in the first 10 months of 2025, the highest rate in the region.

Party General Secretary To Lam instructed Mekong Delta’s An Giang province to mobilize all available resources, particularly from the private sector and international partners, to fulfill its target of developing into a national marine economic hub during a working session with provincial authorities on November 20.

The Party leader called for accelerated economic restructuring and the pursuit of a modern growth model, aiming for double-digit expansion. The province should increase the share of industry-construction and services; develop high-tech, large-scale agriculture linked to value chains; harness its coastal advantages to build a strong marine economy; and expand offshore aquaculture integrated with tourism.

He emphasized the need to speed up key infrastructure projects aligned with national and regional planning, including transport corridors linking upstream areas with coastal and island zones, major cities, Cambodia and international shipping routes. Priority should be given to seaports, fishing ports, Phu Quoc International Airport and logistics centers, he added.

In the first 10 months of 2025, An Giang’s economy expanded by 7.85%, the highest rate in the region.

VnEconomy-Lý Hà

This is one of the key targets set in the National Action Plan on Air Pollution Remedy and Air Quality Management for the 2026–2030 period, with a vision to 2045.

Under the National Action Plan on Pollution Remedy and Air Quality Management for the 2026–2030 period, with a vision to 2045, which was approved by Prime Ministerial Decsion No. 2530/QD-TTg, signed by Deputy Prime Minister Tran Hong Ha on November 19, by 2030, 100% of major emission sources in high-pollution risk industries—specifically cement, thermal power, and steel production nationwide—will be strictly managed and controlled, with a phased roadmap for emission reduction.

Additionally, 100% of road vehicles will be managed and controlled for emissions in accordance with a roadmap applying national technical standards.

The Plan clearly outlines objectives for the 2026–2030 period: to control, prevent, and gradually remedy and improve air pollution in key economic zones. It focuses on resolving air pollution in Hanoi, Ho Chi Minh City, and neighboring provinces, while strengthening the capacity for air pollution prevention and control nationwide, thereby contributing to public health protection, building a green economy, and ensuring sustainable growth.

According to the plan, air quality nationwide will be gradually controlled and improved by 2030. Specifically in Hanoi, the annual average concentration of PM2.5 dust by 2030 aims to be below 40 µg/m³ (a reduction of 20% compared to the 2024 annual average) at monitoring points of national air quality monitoring stations.

Other air quality parameters will be maintained to ensure compliance with national technical standards on the environment. The percentage of days in the year with an Air Quality Index (VN_AQI) at "Good" and "Average" levels is targeted to reach a minimum of 80%.

For provinces surrounding Hanoi (including Thai Nguyen, Phu Tho, Bac Ninh, Hung Yen, Hai Phong, and Ninh Binh), the annual average PM2.5 concentration by 2030 is to be reduced by at least 10% compared to the 2024 average. For Ho Chi Minh City and other urban areas nationwide, the goal is for the VN_AQI index to improve year over year.

Vneconomy-Tùng Dương

Amending the Law on Technology Transfer is an urgent requirement to overcome the shortcomings of current laws and supplement policies suitable to rapidly changing realities...

The Technology Transfer Law of 2017 has been recognized as a crucial legal framework for facilitating technology transfer activities both domestically and internationally.

However, nearly a decade later, several limitations and inadequacies have been identified during the implementation of the law.

The amended law aims to address these issues by introducing new regulations to meet the practical demands of technology transfer activities.

The draft includes new mechanisms such as temporary technology transfer, allowing enterprises and organizations to receive technology for a certain period to test and evaluate its suitability before official application. 

The draft further supplements various policies to support enterprises in receiving, applying, and innovating technology. 

The process of appraising, approving, and licensing technology transfer has also been adjusted to be clearer, reduce processing time, and ensure consistency with investment, construction, and environmental laws.

At a workshop to gather feedback on the draft law held on November 19, Deputy Minister of Science and Technology Hoang Minh said that this is an important solution to promote technology transaction activities and remove difficulties in bringing technology to the trading floor.

He also noted that the draft clearly stipulates that if technology is contributed as capital to a project using state budget, it must undergo valuation; if not using the state budget, it can be done at market prices, in accordance with the Price Law. The goal of this regulation is to ease difficulties for technology owners, allowing technology to be freely traded.

Regarding valuation, Deputy Minister Minh affirmed that valuation is the determination of asset value according to legal regulations. Circular No. 37 of the Ministry of Finance has fully provided the legal framework for valuation activities and valuation consulting activities.

The Ministry of Science and Technology will absorb feedback and report explanations at the upcoming National Assembly discussion session.

vneconomy-Hạ Chi

The Czech Republic has 46 valid investment projects in Vietnam with registered capital totalling about $91.5 million as of October 2025.

Vietnam and Czech hold significant potential for collaboration across sectors including energy, innovation, science and technology, and other key industries, according to visiting President of the Senate of the Czech Republic Milos Vystrčil.

He made the comment during a meeting between Czech and Vietnamese enterprises in Hanoi on November 20.

The event was co-organised by the Czech Embassy in Hanoi, the Czech Chamber of Commerce, and CzechTrade as part of the Czech leader's official visit to Vietnam.

The meeting gathered executives from 12 Czech companies and more than 50 Vietnamese businesses and local authorities to explore cooperation opportunities.

Mr. Vystrčil stressed that the Czech Republic serves as a gateway for Vietnamese goods to enter the European market, while Vietnam plays an important role in connecting Czech enterprises with Asia.

The event featured corporate presentations from Czech firms accompanying the Senate President, followed by B2B networking between enterprises of both countries.

As of October 2025, the Czech Republic had 46 valid investment projects in Vietnam with registered capital totalling about $91.5 million, ranking 52nd among 153 foreign investors operating in the country.

VnEconomy-Phương Nhi

The route has been suspended since 2020 due to the COVID-19 pandemic.

The Republic of Korea (RoK)’s carrier Air Busan will resume flights on the Busan–Hanoi route from December 31, 2025, after a six-year hiatus, the Vietnam News Agency reported.

The airline will operate non-regular flights four times per week—on Wednesdays, Thursdays, Saturdays, and Sundays—through March 1, 2026.

Such flights  will depart Gimhae International Airport at 8:30 pm (local time) and arrive at Hanoi’s Noi Bai International Airport at 11:30 pm (local time). The return flight will leave Hanoi at 0:40 am and land in Gimhae at 7:05 am, with a total flight duration of approximately five hours.

The carrier first launched regular services between Busan and Hanoi in October 2018 but suspended operations in February 2020 due to the COVID-19 pandemic. The resumption is expected to bolster Air Busan’s connectivity with its existing Vietnam routes, such as Da Nang and Nha Trang.

Vietnam News Agency-Khánh Vân

Credit activities remaining on a steady upward path.

Combined outstanding loans in HCM City and southern Dong Nai province are estimated at nearly VND5.53 quadrillion ($210 billion) as of October 31, up 1.19% from September and 10.37% from the end of 2024, according to the State Bank of Vietnam.

Outstanding credits in HCM City reached over VND4.95 quadrillion ($188.3 billion), accounting for 89.6% of the combined outstanding loans  and increasing 10.6% compared to the end of 2024.

Meanwhile, outstanding loans in Dong Nai province totaled VND574 trillion ($21.8 billion), accounting for 10.4% of the combined outstanding loans and surging 8.5% compared to the end of 2024.

Credit activities in HCM City and Dong Nai remained on a steady upward path in recent months, with a growth of 0.9% in August, 1.28% in September, and 1.19% in October.

VnEconomy-Minh Huy

The Forum aims to increase resources to support startups, develop a technology-driven innovation ecosystem, and create a bridge connecting startups, enterprises, investors, and government agencies.

The "National Entrepreneurship Forum – Hanoi 2025," scheduled to open on November 28 at the National Convention Center in Hanoi, is expected to become a focal point for the Vietnamese startup community—a convergence of new ideas, knowledge, and technology.

Through a diverse series of activities, the Forum aims to increase resources to support startups; develop a technology-driven innovation ecosystem; create a bridge connecting startups, enterprises, investors, and government agencies; and promote the formation of projects, initiatives, and high-quality human resources for the economy.

At a press conference on November 19, the National Startup Association announced that the forum is expected to attract thousands of delegates, including representatives from relevant ministries and sectors, foreign embassies in Vietnam, investors, founders, international organizations, experts, and businesses. Within the framework of the annual forum, the National Aesthetic Industry Congress will also be held.

As the world enters a phase of robust transformation driven by the digital economy, artificial intelligence (AI), automation, and innovation, the entrepreneurial spirit is increasingly becoming a vital driver of national competitiveness. Vietnam is witnessing the strong rise of a generation of young entrepreneurs and creative enterprises, alongside a high-quality workforce—the foundational elements that will determine the nation's ability to achieve breakthroughs in the new decade.

The National Entrepreneurship Forum 2025 is organized to promote strategic vision and create a space for networking, cooperation, and investment. It will also facilitate in-depth discussions on the theme: “Developing Human Capital for Innovative Startups in the New Era.”

This serves as a practical activity in response to the government’s spirit of facilitating development and building an innovation ecosystem, while aiming to elevate the standing of Vietnamese entrepreneurs during a period of comprehensive digital transformation.

Dr. Dinh Viet Hoa, Chairman of the National Startup Association, said “The Forum is an event of special importance, not only for the business community and entrepreneurs but also for the sustainable development of the Vietnamese economy in the new context.”

Vneconomy-Hằng Anh

Hanoi has sought opinions on a draft land price list that seems certain to have a broad impact.

Hanoi has been collecting public feedback on its first-ever land price list, set to be announced and implemented on January 1, 2026. The list will help the capital complete its digital land database and publish prices online, giving residents and businesses easier access, and forms part of efforts to improve coordination between local authorities in updating and synchronizing data.

Redrawing Hanoi’s land map

Under Hanoi’s new proposal, land prices will be divided into 17 zones, to group areas with similar development conditions such as geography, urbanization, infrastructure, and population density, while reflecting clear differences between central, suburban, and outlying districts. The new zoning system is expected to make land valuation and application more consistent and transparent.

According to the Hanoi Department of Agriculture and Environment, residential land prices in 2026 are projected to rise by 2-26 per cent depending on location, reaching as high as VND702 million ($27,000) per sq m.

Zone 1 covers wards within Ring Road 1, including Tay Ho, Ngoc Ha, Ba Dinh, Giang Vo, O Cho Dua, Hoan Kiem, and Hai Ba Trung, with an average residential land price of VND255 million ($9,800) per sq m, up 2 per cent from current levels. Prime streets in the city center will see the highest prices.

A similar 2 per cent increase is proposed for areas within and between Ring Roads 2 and 3, and for some outer districts on the right bank of the Red River. The highest rate in these zones is about VND319 million ($12,200) per sq m, on Lang Ha Street. The steepest price hikes are expected in suburban communes.

According to the VIC Valuation and Trading JSC, the city’s consulting unit, rapid urbanization is driving strong price growth in areas such as Dong Anh, Gia Lam, Thanh Tri, and Hoai Duc. Population influx and rising housing demand have intensified pressure on urban land, especially near new infrastructure projects.

Between 2024 and 2025, Hanoi has invested heavily in key transport projects, including Ring Road 4, Metro Lines 2A and 3, and major road expansions. Improved connectivity and social infrastructure, including hospitals, schools, and industrial parks, are pushing up land values, particularly in the western and northern suburbs.

The city’s property market is also regaining momentum, with strong demand for social housing, new urban zones, and industrial developments. Investor interest is rising in suburban and peri-urban areas slated for administrative upgrades or located near major transport routes, while the apartment segment, especially high-end units, continues to heat up.

Revaluing the ground beneath

According to VIC Valuation and Trading, Hanoi’s new land price list will have wide-ranging effects on the economy, investment environment, and social stability, offering both benefits and challenges.

Economically, reasonable price increases are expected to promote more efficient land use, curb speculation, and reduce waste. A land price table aligned with market values would help localities generate stable tax revenues, strengthen the State budget, and reinvest in infrastructure, healthcare, and education. Land prices also shape population flows and urban growth.

Additionally, a transparent, market-based land price table would also give investors greater clarity on costs and business planning, strengthening confidence and attracting both domestic and foreign capital.

According to the Hanoi Department of Agriculture and Environment, the draft price list follows the Land Law 2024 and related decrees, narrowing the gap between official and market rates and enhancing transparency. It also seeks to balance the interests of the State, land users, and investors while linking land valuation with broader economic goals.

For households, higher land values will increase property assets and improve access to credit through use as collateral. Compensation closer to market levels will also ensure fairer treatment for those affected by public projects. However, the department acknowledged that higher land-based taxes and fees could pose challenges for low-income groups.

Effects of rising land prices

Experts and industry insiders have warned that Hanoi’s proposed land price hike could have a domino effect on the real estate market. Mr. Nguyen Quoc Hiep, Chairman of GP.Invest and Chairman of the Vietnam Association of Construction Contractors (VACC), said higher land prices would push up project costs and selling prices, making homes less affordable for most buyers.

He added that while the Land Law 2024 calls for balancing the interests of the State, land users, and investors, current valuation methods still overlook business needs. “Increased State revenue or compensation payments are short-term gains,” he noted. “The real risk is the long-term drag on economic growth.”

Mr. Hiep urged Hanoi to avoid repeating Ho Chi Minh City’s mistake, where steep land prices had to be revised after hurting the market. As the first city to implement the new system, Hanoi’s move could set a precedent for other localities. “If land prices rise too sharply, it could lift the national price floor and stall investment just as the market is recovering,” he warned.

The Vietnam National Real Estate Association (VNREA) has also written to the Hanoi People’s Committee urging a more cautious approach. While supporting efforts to make pricing more transparent and aligned with market values, the Association warned that steep increases could backfire. “The government is working to make housing more affordable, and controlling input costs is crucial,” VNREA stated.

VNREA urges caution in land price adjustments.

Localities nationwide are preparing new land prices, set to take effect on January 1, 2026. The Vietnam National Real Estate Association (VNREA) has stressed that while transparent and accurate pricing is necessary, adjustments must be made carefully to balance the interests of the State, businesses, and citizens.

VNREA noted that land is a key production input directly affecting business costs, investment decisions, and competitiveness. Excessive increases could raise input costs, delay projects, and weaken economic growth, while reasonable pricing could boost GDP and support recovery.

As real estate and related sectors contribute around 10 per cent of GDP, VNREA warned that higher land prices might slow market recovery, impact housing affordability, and put pressure on related industries such as construction and finance. Rising prices would also strain public investment budgets and delay infrastructure projects.

The Association further cautioned that higher land prices could drive up housing and rental costs, limit investment in new areas, and burden both citizens and enterprises through higher taxes and fees.

VNREA called on localities to thoroughly assess land price adjustments to ensure fairness and maintain economic stability while supporting sustainable growth.

VET-Phan Duong

The Prime Minister approved a plan to streamline 3,071 out of 4,888 administrative procedures related to business and production.

Under official dispatch No. 220/CD-TTg of November 18, 2025, Prime Minister Pham Minh Chinh has requested ministries and local authorities to accelerate the simplification  and removl of administrative procedures and business conditions in order to fulfill the 2025 target.

They were required to focus on completing the amendments of 485 legal documents for simplification and removal of 2,164 administrative procedures and 2,047 business prerequisites.

Priority should be given to 319 legal documents under 14 ministries and agencies to be amended by the end of this year, according to the official dispatch.

The Ministry of Industry and Trade was tasked to review and add plans to reduce business conditions by at least 30% and submit them to the PM within this month.

All administrative procedures related to businesses must be processed entirely online by the end of 2025 to minimise paperwork.

The Government on November 15 issued a resolution on cutting and simplifying administrative procedures based on data, replacing paper documents in administrative dossiers with corresponding information extracted from databases. It applies to 786 administrative procedures under the management of 14 ministries and one ministry-level agency.

The PM has approved a plan to streamline 3,071 out of 4,888 administrative procedures related to business and production, equivalent to 62.8%, together with the simplification of 2,269 out of 6,974 business prerequisites, or 35.5%.

VnEconomy-Dũng Hiếu

The figure setting a new record for the two countries' trade value.

Bilateral trade between Vietnam and Singapore reached SGD33 billion (around $25.3 billion) in the first ten months of 2025, setting a new record for their trade value, according to a report from the Vietnam News Agency. 

Vietnam Trade Office in Singapore cited statistics from the Singapore Accounting and Corporate Regulatory Authority (ACRA) as reporting  that during this period, bilateral trade exceeded the full-year 2024 record of SGD31.67 billion to increase 26.7% compared to the same period last year.

Exports from Singapore to Vietnam hit SGD22.7 billion, up 19.4%, while imports were SGD10.4 billion, up 46.4%.

In October alone, total trade between the two countries amounted to SGD3.9 billion, surging 36.8% year-on-year. Singapore’s exports to Vietnam stood at SGD2.2 billion, up 8.2%, while imports surged 109.3% to SGD1.7 billion.

Considering only goods originating from the two countries, Vietnam maintained a trade surplus of nearly SGD4.22 billion with Singapore.

Vietnam has continued to be Singapore’s 10th largest trading partner.

VNA-Khánh Vân

The event held as part of Prime Minister Pham Minh Chinh’s official visit to Algeria from November 18 – 20.

The Vietnam-Algeria Economic Forum, theming “Towards an Effective and Sustainable Economic Partnership," was held in Algiers on November 19 afternoon (local time) as part of Prime Minister Pham Minh Chinh’s official visit to Algeria from November 18 – 20.

With the attendance of Prime Minister Pham Minh Chinh,  his Algerian counterpart Sifi Ghrieb, and   more than 500 delegates representing government agencies and businesses from Algeria and Vietnam, the forum was of great significance as it was held immediately after the two countries upgraded their relationship to a Strategic Partnership, demonstrating the two sides’ determination  to soon realize the new cooperation framework; expand diplomatic - trade - investment cooperation, towards a deeper and more practical stage of development.

After more than 60 years of diplomatic relations, Algeria is now one of Vietnam's important trading partners in Africa in terms of economics. Bilateral trade turnover in 2024 reached more than $198 million. Vietnam mainly exports coffee, pepper, metals, and chemicals to Algeria, and imports mainly fruits, vegetables, animal feed, and raw materials from Algeria. The two sides aim to soon reach a trade turnover of $1 billion in the near future.

Regarding investment, the two sides have a number of projects, the most typical of which is a project between large enterprises of Vietnam and Algeria in the field of oil and gas exploration and exploitation.

SEEKING SPECIFIC COOPERATION OPPORTUNITIES TO PROMOTE EXPORTS BETWEEN THE TWO COUNTRIES

At the forum, delegates heard presentations on the potential, needs, and investment environment of Vietnam and Algeria; and discussed issues to open a new, more vibrant, sustainable, and effective chapter of cooperation between the two countries; towards a practical strategic partnership, where each cooperative project is a step forward, each success is a testament to the deep friendship and common benefits of the two nations.

Speaking at the event, Algerian PM Ghrieb said the forum demonstrated the strong resolve of both countries not only to build upon their historical ties but also to promptly translate the newly established Strategic Partnership into concrete outcomes for future development.

He thanked businesses and investors from both countries for their contributions to the economic restructuring and regional integration of Vietnam and Algeria.

With strong interest and participation from the business communities, he expressed confidence that the forum would create new opportunities and momentum for cooperation, expanding the scope of partnerships between Vietnam and Algeria.

The host underlined the need for both sides to be proactive in identifying export products, establishing firm positions in each other’s markets, promoting trade diversification, and expanding market access.

Algeria, he said, hopes to strengthen the presence of its exports—particularly plant-based products, pharmaceuticals, fertilizers and manufactured goods—in Vietnam.

He urged Algerian enterprises to work closely with Vietnamese partners to explore more trade cooperation opportunities, especially in technology, agriculture, digital transformation, energy, oil and gas, pharmaceuticals, and tourism.

PM Ghrieb noted that Algeria has adopted numerous laws, mechanisms, and policies to attract investment and upgrade infrastructure. He affirmed Algeria’s commitment to streamlining procedures to welcome more Vietnamese investment.

With its strategic location as a gateway to the Middle East, Africa and Europe, Algeria offers significant advantages for Vietnamese businesses, he said, encouraging companies to seize opportunities for South – South cooperation.

He added Algeria will continue to host international investment forums, expressing his hope that with Vietnam’s active participation, his country’s regional role will be further strengthened in the coming time.

PROMOTING INVESTMENT IN ALGERIA IN FIELDS OF STRENGTH

Speaking at the forum, PM Chinh said the Vietnam – Algeria economic forum held historic significance as it received the attention of Party General Secretary To Lam and the President of Algeria, and was attended by the PMs of both countries. It took place immediately after the two countries upgraded their relations to a strategic partnership, was the largest of its kind ever held between the two nations, and covered all economic fields as the Algerian PM affirmed that economic cooperation between two countries has no limits.

The visiting PM emphasized that relations between Vietnam and Algeria, from the past until today, have always been those of good friends, good partners, and good brothers, especially during the struggles for national independence and freedom. Therefore, at present and in the future, there is no reason that would prevent the two countries from continuing to be good friends, good partners, and good brothers in economic development so that each nation can grow in civility, strength, and prosperity, and its people can enjoy increasing happiness and well-being.

Sharing about Vietnam’s situation, he said currently, Vietnam is implementing three strategic breakthroughs in infrastructure, institutions, and human resources training. Alongside this, the country is carrying out six key tasks: building an independent and self-reliant economy with proactive and active integration into the world; maintaining political stability, social order, and safety; implementing the national defense policy of “four no’s”; pursuing a foreign policy of independence, self-reliance, diversification and multilateralization of external relations, being a good friend and reliable partner of all countries around the world, and being a responsible member of the international community; building an advanced culture imbued with national identity while absorbing the cultural essence of humankind; ensuring social equality, progress, and security so that no one is left behind in the development process; and building a clean and strong Party and political system.

These are important stepping stones and conditions for businesses, including Algerian ones, to come to invest and do business stably and effectively in Vietnam, he affirmed.

PM Chinh praised Algeria’s geographical location, climate, natural resources, and investment potential and strengths. He asked Vietnamese enterprises to enhance investment cooperation in Algeria in the field of energy, including oil and gas exploration, petrochemical refining, wind energy, and solar energy.

He also encouraged them to explore investment opportunities in agriculture, fisheries, agricultural and aquatic processing, manufacturing, science, and technology as the President of Algeria suggested Vietnamese enterprises invest in anything from tea farming to chip production and 5G products, in the spirit that “the interests of Algeria are the interests of Vietnam; the interests of the Algerian people are the interests of the Vietnamese people; and the achievements of enterprises in Algeria are also those of Vietnamese enterprises”.

Proposing that the two sides upgrade existing cooperation mechanisms and establish new ones to promote collaborative ties, PM Chinh expressed his belief that with the new momentum, new motivation, and new resources and based on the results already achieved, the two countries will act in accordance with the Strategic Partnership and will be worthy of the precious legacy built by previous generations.

PM Chinh stressed that while guidelines come from the two States and their leaders, turning these guidelines into concrete outcomes depends on ministries, sectors and, especially, enterprises of both countries, so that they can fully leverage their distinct potentials, outstanding opportunities, and competitive advantages to foster prosperity in both nations.

Vneconomy-Viet An

The new agreements result from Prime Minister Pham Minh Chinh’s official visit to Algeria from November 18-20.

Vietnam and Algeria signed seven cooperation agreements in the presence of Prime Minister Pham Minh Chinh and his Algerian counterpart Sifi Ghrieb in Algiers on November 19, according to a report from the Government News.

The new agreements, which resulted from Prime Minister Pham Minh Chinh’s official visit to Algeria from November 18-20, include:

- The Minutes of the 13th meeting of the Vietnam-Algeria Inter-governmental Committee on economic, scientific and technological cooperation;

- The Memorandum of Understanding between Vietnam’s Ministry of Construction and Algeria’s Ministry of Housing, Urban Planning and the City on cooperation in the field of housing, urban planning and development;

- The Appendix of the Protocol on overall settlement of debts between the Government of Vietnam and the Government of Algeria;

- The agreement on education cooperation between the Government of Vietnam and the Government of Algeria;

- The Memorandum of Understanding on cooperation between the Vietnam Chamber of Commerce and Industry (VCCI) and the Algerian Chamber of Commerce and Industry (CACI);

 - The Memorandum of Understanding on cooperation between the Posts and Telecommunications Institute of Technology of Vietnam and the University of Science and Technology Houari-Boumedienne of Algeria; and

- The Letter of Intent between the Ministry of Industry and Trade of Vietnam and the Ministry of Foreign Trade and Export Promotion of Algeria.

VGP-Khanh Van