A 2-percentage-point reduction in the value-added tax (VAT) for goods and services will lead to a decrease in state revenue by approximately 121.74 trillion VND (over 4.69 billion USD) over the proposed period. This includes an estimated 39.54 trillion VND in the second half of 2025 and 82.2 trillion VND in 2026.

National Assembly Chairman Vuong Dinh Hue urged NA deputies, ministers and heads of sectors to keep close to realities in putting questions and making replies, so that the Q&A session will produce practical and constructive results, making the best use of the time of the NA session.

Voters in the Central Highlands province of Dak Nong said the recent trial of several major corruption cases has strengthened the public’s trust in the Communist Party of Vietnam.

Deputy PM Truong Hoa Binh stressed the need for Vietnam to boost potential and strong fields to motivate socio-economic development, improve the business and investment environment and national competitiveness.

Party General Secretary Nguyen Phu Trong met with voters in Dong Anh and Long Bien districts on December 6 to report the outcomes of the 14th NA’s second session.