Vietnam Briefing News

Each week we summarize the most recent, developing, and important Vietnam news into one easy to read digest. Here are the top recent Vietnam news summaries.

Vietnam E-visas: Complete Guide 2024

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Vietnam has extended its e-visa program until 2021. We take a look at which nationalities are eligible and explain the application process.

An Introduction to Vietnam’s Leading Import and Export Industries

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We discuss Vietnam’s top import and export industries, including electronics, pharmaceuticals, coffee, automotive, and textiles.

Vietnam Visa Costs: What You Need to Know in 2024

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Vietnam’s visa costs change regularly. Here is an updated list of Vietnam visa costs and types of visas issued for 2024.

Proposed Vietnam Industrial Classification System Prioritizes Green Economy

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The Ministry of Planning and Investment (MPI) is inviting public comments on a draft decision from the Prime Minister regarding the establishment of a new Vietnam Standard Industrial Classification System (VSIC). A key feature of this system is the inclusion of a National Green Economy framework, aimed at promoting sustainable practices in Vietnam’s industrial sectors.

Major Upgrade of Vietnam’s Port System Under Decision No. 442/QD-TTg

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Vietnam aims to upgrade its port system by 2030, targeting an annual cargo capacity of 1.25 to 1.5 billion tons per Decision No. 442/QD-TTg.

IMF Projects 6.1% Growth for 2024 for Vietnam Amid Challenges

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In its September report, the IMF revised its GDP growth forecast for Vietnam in 2024 up to 6.1%, with GDP reaching US$468.5 billion.

Vietnam Considers 9-Day Tet Break for 2025

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The Vietnam government is positively considering a 9-day Tet break for 2025 from January 25 to February 2. Proposals for extended breaks during other national holidays are also under review. Foreign investors and vendors planning business meetings should be mindful of the country’s public holiday schedules when arranging visits.

Vietnam Fintech and Payroll Innovation: Understanding the Concept of Earned Wage Access Services

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Earned Wage Access (EWA) services is a relatively new fintech concept in Vietnam, aligning with policies aimed at promoting financial inclusion. Although this service segment is still in its early development stage, it has the potential to provide financial services and products to a significant underbanked population that often relies on dubious loan providers.

Vietnam’s First Draft of New Personal Data Protection Law (PDPL) Released for Public Comments

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On September 24, 2024, the Vietnamese government issued the first draft of a new Law on Personal Data Protection (PDPL) for public feedback. The draft law has more stringent provisions than the Personal Data Protection Decree and is potentially set to take effect from January 1, 2026.

Insights into the Vietnam Workforce in 2024: Key Takeaways for Businesses

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We explore key shifts and attitudes among the Vietnam workforce in 2024 per recent reports as they cope with technology-led workplace transformation, pursue meaning work in areas of green-impact and sustainability, and increasingly seek work-life balance.

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