Hanoi (VNA) - Retail fuel prices have been lowered starting from July 1 as the Nation♏al Assembly’s Resolution No. 204/2025/QH15 on value-added tax (VAT) reduction takes effect.
Accordingly, the maximum retail price of E5 RON92 petrol has been set at 20,530 VND (0.79 USD) per litre, down 381 VND from June 30.
The price of RON95-III petrol is now capped at 21,116 VND per litre, a decrease of 391 VND.
Diesel 0.05S is priced at no more than 19,349 VND per litre, down 358 VND while kerosene has been reduced to a maximum of 19,064 VND per litre.
Meanwhile, mazut 180CST 3.5S has been lowered by 314 VND to 16,955 VND per kg./.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
The price of E5 RON92 petrol is now capped at 19,462 VND (0.75 USD) per litre, up 199 VND from the previous adjustment, while RON95-III costs no more than 19,967 VND per litre, up 269 VND.
This new service not only highlights Vietnam Airlines’ strategic push to expand its global network but also establishes a direct air link between Vietnam and Italy for the first time, reinforcing its role as a vital bridge between Southeast Asia and Europe.
Vietnam has recently issued a lot of strategic policies and mechanisms, which are expected to help it continue pursuing the economic growth target of at least 8% this year, in the context that the country is accelerating institutional reform and streamlining its organisational apparatus.
In the first half of this year, group tourist arrivals from Vietnam to China's Yunnan via Hekou had reached a record 27,200, up 74.68% year-on-year. The spike highlights a shift in travel preferences among Vietnamese tourists, with high-speed rail emerging as a preferred mode of cross-border transport.
The official launch of the Regulatory Sandbox Decree is a milestone in Vietnam’s journey towards digital financial transformation, and a shining example of what strong partnerships and shared vision can accomplish.
The new service operates three times a week on Tuesdays, Thursdays, and Saturdays, using Airbus A321 aircraft with 199 seats, including 12 in business class. The frequency is expected to increase to four flights per week from this November.
Under Circular 17/2024/TT‑NHNN issued on June 28, 2024, by the State Bank of Vietnam (SBV), all businesses must register fingerprints or facial recognition data for their legal representative before they can continue using Internet or mobile banking.
The Deputy PM expressed his support for Airbus’s investment expansion plans in Vietnam, particularly proposals to establish regional aircraft and equipment maintenance centres, as well as component manufacturing facilities at major airports.
The Vietnam National Authority of Tourism, in coordination with the Vietnam Tourism Development Fund, the Vietnamese Embassy in Germany, and Vietnam Airlines, hosted a tourism promotion event in Munich on June 30.
Ambassador Mai Phan Dung, Head of the Vietnamese Delegation in Geneva, spotlighted Norway’s open trade policies, especially its mandatory electronic data exchange through the value-added tax system for e-commerce, which reduces trade costs and streamlines cross-border commerce.
The Ministry of Agriculture and Environment sketched out roadmap for the remainder of the year, targeting 14–15 billion USD in Q3 and at least 16 billion USD in Q4, capitalising on the surge in global demand during the year-end holiday season.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,311 VND/USD and the floor rate 23,805 VND/USD.
Unlike familiar fees such as discounts, shipping or advertising fees, the "platform infrastructure fee" is a new charge applied by Shopee across the system.
The circular, effective from July 1, regulates two entities authorised to issue C/O: the ministry’s Agency of Foreign Trade and organisations authorised by provincial and municipal People’s Committees.
The centre will be directly overseen by State agencies and tasked with verifying the validity of real estate projects, connecting public data sources and streamlining property transactions to ensure the market transparency.
A new trend has also emerged. While capital flow previously led the charge in boosting the retail sector, it is now the retail brands themselves that are reshaping the market. Expansion by fashion, cosmetics, furniture and F&B brands is setting the pace for sector growth and driving renewed investor interest.
The forum is a structured journey of dialogue, moving from local to national levels, from grassroots realities to policy formulation, from the voice of entrepreneurs to government commitments. Its outcomes will be compiled in the Vietnam Private Sector White Paper 2025, offering specific and actionable policy recommendations to the Government, ministries, and local authorities.
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.
