The Civil Aviation Authority of Vietnam (CAAV) will allow passengers to use the mobile ID app VNeID to board domestic flights at all local airports from June 1 to August 1 on a trial basis.

Over 20 banks have cut deposit interest rates, with the highest rate now set at 8.5% per year.

The Government has proposed that the National Assembly (NA) extend the e-visa validity to 90 days with single or multiple entries to attract more international visitors to Vietnam.

Prime Minister Pham Minh Chinh has chaired an urgent meeting with ministries and departments to discuss measures to ensure electricity supply for businesses and households during the dry season.

Typhoon Mawar has strengthened into a super typhoon after it approached the Philippines, which may lead to a downpour across Vietnam’s southern region this weekend.

The Government’s proposal for lowering the value added tax (VAT) from 10% to 8% has been placed before the National Assembly (NA).

A majority of National Assembly (NA) deputies have agreed to maintain the airfare cap but remove floor prices of domestic air tickets.

The State Bank of Vietnam (SBV) has announced two separate decisions further lowering key interest rates, with effect from Thursday, May 25. This is the third rate reduction since March in the central bank’s monetary easing cycle aimed at boosting slackening economic activity and consumption.

Japan will provide Vietnam with JPY61 billion, or nearly US$500 million, in official development assistance (ODA) to fund its projects.

Prime Minister Pham Minh Chinh met with U.S. President Biden on May 20, on the sidelines of the expanded G7 Summit in Japan to discuss measures to enhance bilateral relations.