Current Developments and New Projects in Vietnam's Economy

Serdar HocamAuthor & Editor

While the tax identification number cleanup campaign continues in Vietnam, new zoning and trade zone projects are being discussed in Hanoi and Ho Chi Minh City.

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Vergi Dairesi Teknoloji, Dijital Dönüşüm ve Otomasyon Departmanı yetkilileri, vergi kimlik numaralarını temizleme ve işletmelerdeki darboğazları ortadan kaldırma kampanyasına katılıyor. Fotoğraf: Pham Hau/TTXVN.

Within the scope of prominent developments in Vietnam's economy, efforts to standardize tax identification numbers continue, while consultation processes and investments for new urban zoning, logistics, and infrastructure projects are ongoing in various regions of the country.

Tax Identification Number Cleanup Campaign

Officials from the Technology, Digital Transformation, and Automation Department of the General Department of Taxation are actively participating in the campaign aimed at removing bottlenecks for businesses.

Within the scope of the process launched in July 2026, approximately 95,000 tax identification numbers were cleaned up while over 3,000 were reactivated within eight months.

Free Trade Zone Proposal for Ho Chi Minh City

The Ho Chi Minh City Department of Industry and Trade held a consultation meeting for the draft resolution on free trade zones within the framework of the Urban Development Law.

During the meeting, various proposals were shared regarding the development of digital management and cross-border e-commerce networks.

Hanoi Red River Zoning Plan

Hanoi is sharing its revised zoning plan with the public, featuring a 100-year vision that designates the Red River as the main ecological and cultural landscape axis.

Institutions and experts are coming together for the 1/5000 scale plan covering the section from Hong Ha Bridge to Me So Bridge.

Energy Sector and Petroleum Law Regulations

With the amended Petroleum Law, preferential policies targeting small, marginal, and deep-water oil fields are being implemented.

These policies aim to contribute to ensuring national energy security and maximizing the exploitation of resources.

Da Nang and International Finance Collaborations

A policy conference on the development of financial instruments in cooperation with the International Finance Corporation was held in the city of Da Nang.

Throughout the conference, important topics such as ways to attract international capital and supply chain financing were discussed.

State Budget Revenues and Infrastructure Projects

The General Department of Customs announced that import and export revenues in the first eight months of the year increased by 17.4% compared to the same period last year, reaching 352,766 billion VND.

Meanwhile, the provinces of Can Tho and Vinh Long have agreed on the core contents of a highway project to be implemented through a public-private partnership.