The Government is expected to tighten control over the mobilization of capital through the securities market by real estate companies.

The Vietnamese Government has cut and waived taxes and fees worth over VND233 trillion (US$9.4 billion) in 2022.

While global uncertainty persists, Vietnam's prospects are reassuring as the economy continues to be among the world's fastest-growing.

The Finance in the latest draft decree about preferential import and export tariffs proposed a five percent export tax rate

The MoIT will ask the Government to adjust the costs of petrol trading for businesses to help them avoid losses, said Deputy Minister Hai.

Unable to disburse ODA as planned, many ministries and local authorities have begun to return the loans, adding a burden to fiscal planning.

The agricultural sector is aiming for a growth rate of 2.8-3% this year, higher than the growth of 2.5-2.8% assigned by the Government.

Việt Nam has set a goal of becoming a green economy. Renewable-based power systems can enable Việt Nam to reach Net zero by 2050.

Vietnam’s consumer price index (CPI) in the third quarter of this year expanded by 3.32% as compared with the corresponding time last year.

GDP expanded 13.67 percent in the third quarter of 2022. CPI in the third quarter of 2022 posted a year-on-year rise of 3.32 percent.

The tax cut is scheduled to take effect in six months, subject to the approval of the Standing Committee of the National Assembly.

Vietnam's economic recovery has continued despite heightened economic uncertainties regarding higher global inflation and a slowing economy.