With more than 95 per cent of registered enterprises being SMEs, the private sector plays a decisive role in driving economic growth, innovation, and digital transformation.

The event attracted nearly 100 delegates representing regulatory agencies, associations, enterprises, manufacturers, importers and relevant organisations to discuss orientations for improving EPR policy.

The reductions cover a wide range of areas, including public administration, construction, finance, healthcare, agriculture and environmental services.

Ambassador Mai Phan Dũng, head of the Vietnamese Delegation in Geneva, praised Norway’s open trade policies, highlighting its e-commerce tax data exchange system for cutting costs and easing cross-border trade.

This was part of his participation in the Fourth International Conference on Financing for Development (FfD).

The law is designed to foster innovation, strengthen consumer protection and improve State management.

Developed under a public-private partnership model, the platform is State-funded in terms of infrastructure and its online foundation, including access to national science and technology databases.

Despite early-year volatility and geopolitical uncertainties, domestic capital flows, stable macro conditions and expectations of strong corporate profit growth are providing a credible foundation for a sustained rally.

The recognition not only honours leading enterprises driving sustainable growth, but also serves as a strategic benchmark for evaluating corporate adaptability in the face of a global shift toward a greener and more equitable and transparent economy.

The Vietnamese supporting industry currently meets only 10 per cent of the demand for domestic production and consumption.

The National Assembly last Friday approved revisions to the 2024 Credit Institution Law, significantly strengthening banks’ ability to recover bad debts and empowering the State Bank to intervene more effectively in struggling financial institutions.

In the first half of 2025, more than VNĐ268 trillion (around US$10.5 billion) was disbursed, reaching 32.5 per cent of the annual plan – up from 28.2 per cent in the same period last year.

The legislation marks the first time data is recognised as a property right under Vietnamese law.

Both the IMF and OECD believe that with solid macroeconomic fundamentals, a clear reform agenda, and active involvement from the private sector, Vietnam is well-positioned to maintain stable growth and enhance its position in global value chains.

The event will host three rounds of discussions focusing on value chain autonomy, constructive mechanisms, globalisation of Vietnamese value, and strategic capabilities.

Economic experts described this as a major shift in tax administration aimed at enhancing the efficiency of tax collection from the fast-growing online business sector, which still faces gaps in data transparency and tax declaration compliance.

On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index rose 4.63 points, or 0.34 per cent, to 1,376.07 points. This was its second consecutive peak after breaching the 1,270-point mark.

In response to increasing summer travel demand, Vietjet has also added more than 600,000 seats to its network of over 145 routes, enhancing connectivity and offering more options for travelers both within Việt Nam and abroad.

The BCI reveals an evolving but still resilient outlook among European businesses operating in Việt Nam.

The launch of the Free Trade Zone is widely seen as a key strategic step to transform Hải Phòng into a leading logistics and innovation hub in northern Việt Nam, strengthening its role in international trade and supply chains.