The Customs Department has just announced the implementation of Circular 29/2025 regulating the automatic collection of value-added tax (VAT) for low-value goods imported via express delivery services. According to the new regulations, imported shipments worth less than VND1 million will be subject to the automatic VAT collection process via express delivery units.

According to a report from the Vietnam News Agency, the National Assembly has freshly issued a Resolution on International Financial Centre in Vietnam. The resolution clearly stipulates the establishment, operation, management, supervision, and specific mechanisms and policies applicable to the center. Vietnam will have special and superior mechanisms and policies to encourage the attraction of capital, technologies, modern management methods, high-quality human resources, and infrastructure development to the center.