New circular on VAT refund for foreigners

The new regulation, issued by the Ministry of Finance, establishes an electronic refund management system and clarifies the roles of goods-selling enterprises, commercial banks, and customs and tax authorities in processing VAT refunds for foreigners. Below is Part 1 of the circular.

Vietnam News Agency to host 59th OANA Executive Board Meeting

VNA General Director Vũ Việt Trang, also Deputy Head of the Party Central Committee’s Commission for Publicity, made the announcement at the 58th OANA Executive Board Meeting in Moscow on September 20, hosted by Russia’s TASS News Agency.

Việt Nam’s top leader arrives in New York for UNGA 81 high-level debate

General Secretary of the Communist Party of Việt Nam Central Committee and President Tô Lâm, along with a high-ranking Vietnamese delegation, arrived in New York on September 20 evening (local time), beginning his participation in the High-Level General Debate of the 81st United Nations General Assembly (UNGA 81) and a series of bilateral engagements in the US.

Việt Nam integrating more proactively, responsibly into regional, global affairs: FPA President

Amidst strategic competition among major powers, protracted conflicts in various regions, rising geopolitical instability, supply chain disruptions, and intertwined non-traditional challenges, a foreign policy of independence, self-reliance, and multilateralisation and diversification of relations serves as the foundation for Việt Nam to safeguard its national interests while expanding avenues for cooperation toward peace and development.

Political Bureau, Secretariat’s personnel decisions announced

Secretariat’s Permanent Member Trần Cẩm Tú said all the appointees had secured comprehensive training, risen through grassroots work and held leadership roles at multiple levels, contributing remarkably to their respective localities, agencies and units.

Việt Nam moves to fast-track foreign investment through institutional reforms

The Ministry of Finance (MOF) has proposed easing market access conditions for foreign investors and extending "green-lane" special investment procedures beyond functional zones to cut administrative hurdles and speed up project implementation, amid growing competition for investment based on institutional quality and administrative efficiency.

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