Yen faces new wave of weakness
According to Lao Dong, on October 23, the Japanese Yen (JPY) is under strong downward pressure, as the USD/JPY exchange rate remains around 152.50 - the highest level in many months. This development shows that market sentiment is leaning towards the possibility that the Yen will continue to weaken in the coming time.
The main reason comes from expectations that new Prime Minister Sanae Takaichi will pursue expanded fiscal policies and continue to support the loose monetary policy of the Bank of Japan (BoJ). See more...
State budget revenue in 2025 increased sharply, exceeding the estimate
According to the 2026 State budget Public Report submitted by the Government to the National Assembly by the Ministry of Finance, the 2025 state budget revenue estimate is 1,966.8 trillion VND; the implementation of the 9-month state budget revenue reached about 1,926 trillion VND, equal to 97.9% of the estimate, an increase of 30.5% over the same period in 2024.
The assessment for the whole year, state budget revenue is estimated at VND 2,388.8 trillion, an increase of VND 421.9 trillion (+21.5%) compared to the estimate, an increase of 16.9% compared to 2024. The rate of mobilization into the state budget reached about 18.7% of GDP, tax and fee collection alone reached 13.5% of GDP. Basically, it is estimated that all state budget revenue areas will meet and exceed the assigned estimates.
According to the Ministry of Finance, since the beginning of the year, the Government has directed the implementation of the Tax Laws and the task of collecting state budget revenue. With implemented solutions, combined with the recovery momentum of the economy, it has positively impacted the state budget revenue results in 2025. See more...
Co-creating trust to promote self-respect for tax compliance
HCMC supports businesses to improve competitiveness, expand markets
According to Ms. Ho Thi Quyen - Deputy Director of the Ho Chi Minh City Investment and Trade Promotion Center (ITPC), as an economic locomotive, Ho Chi Minh City always proactively integrates into the international economy, promotes digital transformation, develops a green economy, a circular economy; synchronously deploys many solutions to support businesses to remove difficulties and restore production in the context of a volatile world economy.
The city has issued many mechanisms and policies to help businesses change production models, increase the application of digital technology associated with the orientation of green production - green export, to improve the competitiveness of Vietnamese goods in the international market.
In particular, the mechanical - machinery and equipment industry is considered one of the key industries, playing a fundamental role in industrialization and modernization. See more...
