Ministry of Finance announces abolition of 13 administrative procedures
The Ministry of Finance issued Decision 909/QD-BTC dated April 14, 2026, officially abolishing 13 administrative procedures related to the establishment and reorganization of enterprises with 100% state-owned capital. These procedures were previously regulated in Decision 1330/QD-BKHĐT in 2022 of the Ministry of Planning and Investment, now no longer valid at both central level (8 procedures) and provincial level (5 procedures).
The abolition takes place in the context that ministries and sectors are implementing the review, reduction and simplification of administrative procedures and business conditions. However, some ministries, including the Ministry of Finance and the State Bank, have not yet achieved the set targets such as reducing the proportion of administrative procedures, reducing unnecessary business conditions and reducing conditional business lines.
At the meeting on April 20, Deputy Prime Minister Nguyen Van Thang requested agencies not to avoid reform, to complete plans to drastically reduce procedures and compliance costs. At the same time, the Government sets a goal to promote digitization, aiming for 90% of dossiers to be digitized, 100% of processing results in electronic form and strengthening data reuse in 2026. See more...
Gasoline and oil prices simultaneously decrease from 4 pm today
After implementing the provision and use of the Gasoline and Oil Price Stabilization Fund, from 4:00 PM on April 21, the selling price of consumer gasoline and oil products will decrease slightly. E5RON92 gasoline is not higher than 21,934 VND/liter (down 658 VND/liter compared to the current maximum selling price), lower than RON95-III gasoline by 1,108 VND/liter. RON95-III gasoline: not higher than 23,042 VND/liter (down 719 VND/liter compared to the current maximum selling price).
In the same direction, diesel oil 0.05S: not higher than 27,856 VND/liter (down 3,185 VND/liter compared to the current maximum selling price). Mazut oil 180CST 3.5S: not higher than 19,631 VND/kg (down 701 VND/kg compared to the current maximum selling price). See more...
Exploiting marine farming potential, creating a breakthrough for Vietnam's seafood industry
Supporting Ho Chi Minh City businesses to expand export markets to Brazil
Brazil is emerging as a potential export market for Vietnam in the context of volatile global trade. With a large import scale (250-300 billion USD/year) and a population of more than 200 million people, Brazil is not only an important consumption market but also a gateway to the MERCOSUR region. Although bilateral trade turnover in 2025 reached about 8 billion USD, the growth potential is still large with the goal of increasing to 15 billion USD by 2030.
Agencies and experts believe that expanding to Brazil helps Vietnamese businesses diversify markets and reduce dependence on traditional markets. Products with great potential include seafood, processed food, textiles and electronic components. In particular, Ho Chi Minh City is actively supporting businesses to improve competitiveness and participate more deeply in international supply chains.
However, the Brazilian market also poses many challenges such as high logistics costs, high import taxes and strict technical standards. Goods must meet Portuguese labeling requirements and certifications such as ANVISA or INMETRO. In addition, foreign businesses cannot directly carry out customs clearance procedures, causing transaction costs and risks to increase. Therefore, Vietnamese businesses are recommended to be cautious, carefully check partners and start with small orders when entering the market. See more...
