Vietnam parliament okays appointment of 4 ministers
The Vietnamese parliament on Tuesday okayed the appointment of four ministers, per Prime Minister Pham Minh Chinh's proposal.
The four new ministers are Nguyen Manh Hung, Minister of Science and Technology; Tran Hong Minh, Minister of Construction; Do Duc Duy, Minister of Agriculture and Environment; and Dao Ngoc Dung, Minister of Ethnic and Religion Affairs.
Minister of Science and Technology Nguyen Manh Hung

Nguyen Manh Hung, Minister of Science and Technology. Photo courtesy of the Ministry of Information and Communications.
Nguyen Manh Hung, Minister of Information and Communications, was approved by the National Assembly to hold the position of Minister of Science and Technology.
The new Ministry of Science and Technology was established following the merger of the Ministry of Science and Technology and the Ministry of Information and Communications.
The functions, tasks and apparatus of the press and publishing authority under the Ministry of Information and Communications were transferred to the Ministry of Culture, Sports and Tourism.
One day ago, Huynh Thanh Dat, Minister of Science and Technology, was assigned by the Politburo - the country's highest decision-making body - to be deputy head of the Central Mass Mobilization and Propaganda Committee.
Nguyen Manh Hung is 63 years old. His hometown is the northern province of Bac Ninh. He is a Party Central Committee member for the 12th and 13th tenures.
Hung has a bachelor's degree in electronics and telecommunications in the Soviet Union, a master's degree in telecommunications in Australia, and a master's degree in business administration from the Hanoi-based National Economics University.
Before taking the position of Minister of Information and Communications in 2018, Hung worked for a long time at the Military Electronics and Telecommunications Company - later renamed Viettel, under the Ministry of National Defense.
Minister of Construction Tran Hong Minh

Minister of Construction Tran Hong Minh. Photo courtesy of the government's news portal.
Tran Hong Minh, Minister of Transport, was approved by the parliament to become Minister of Construction after the merger of the Ministry of Construction and the Ministry of Transport.
The new Ministry of Construction basically inherits the functions and tasks of the two ministries. The functions and tasks of state management in testing road vehicles and issuance of driving licenses were transferred from the Ministry of Transport to the Ministry of Public Security.
On January 25, Nguyen Thanh Nghi, Minister of Construction, was assigned by the Politburo to hold the position of deputy Party chief of Ho Chi Minh City.
Tran Hong Minh, 58, has a bachelor's degree and a master's degree in defense work construction, and a doctorate in development of bridges, roads and underground works. His hometown is My Duc district, Hanoi. He is a Party Central Committee member for the 13 tenure and a National Assembly member for the 15th term.
He held many positions in the army before becoming Party chief of Cao Bang province and Minister of Transport.
Minister of Agriculture and Environment Do Duc Duy

Minister of Agriculture and Environment Do Duc Duy. Photo courtesy of the government's news portal.
Do Duc Duy, Minister of Natural Resources and Environment, was okayed by the legislature to hold the position of Minister of Agriculture and Environment.
The Ministry of Agriculture and Environment was established following the merger of the Ministry of Agriculture and Rural Development and the Ministry of Natural Resources and Environment.
The new ministry basically inherits the functions and tasks of the two ministries and takes over the state management in poverty reduction from the Ministry of Labor, War Invalids and Social Affairs.
Duy takes on the new position after six months as Minister of Natural Resources and Environment.
On the same day, Le Minh Hoan, Minister of Agriculture and Rural Development, was elected by the National Assembly as its Vice Chairman.
Do Duc Duy is 55 years old. His hometown is Thai Thuy district, Thai Binh province. He has a master's degree in construction. Duy is a Party Central Committee member for the 13th term and a National Assembly member for the 15th tenure.
Duy used to be a construction design engineer, a lecturer at the Hanoi University of Architecture, an official at the Ministry of Construction, Chairman of Yen Bai, and Party chief of this northern province before becoming Minister of Natural Resources and Environment.
Minister of Ethnic and Religion Affairs Dao Ngoc Dung

Minister of Ethnic and Religion Affairs Dao Ngoc Dung. Photo courtesy of Dan Tri (Intellect) newspaper.
Minister of Labor, War Invalids and Social Affairs Dao Ngoc Dung was approved by the National Assembly to be Minister of Ethnic and Religion Affairs.
The Ministry of Ethnic and Religion Affairs was formed on the basis of the Committee for Ethnic Affairs, receiving additional functions, tasks and apparatus related to religion affairs from the Ministry of Home Affairs.
Meanwhile, the Ministry of Labor, War Invalids and Social Affairs merged with the Ministry of Home Affairs to form the new Ministry of Home Affairs.
Dung is 63 years old. His hometown is the northern province of Ha Nam. Dung has a bachelor's degree in law and a master's degree in public administration. He is a Party Central Committee member for the 10th, 11th, 12th and 13th terms and a National Assembly member for the 14th and 15th tenures.
Dung worked for a long time at the Nam Ha provincial Youth Union and the Central Youth Union, then became Party chief of Yen Bai province. He has held the position of Minister of Labor, War Invalids and Social Affairs since 2016.
Minister of Agriculture and Rural Development Le Minh Hoan and Chairman of the National Assembly's Economic Committee Vu Hong Thanh were elected Vice Chairmen of the National Assembly on Tuesday.
The National Assembly is currently chaired by Tran Thanh Man, and the six Vice Chairpeople are Nguyen Khac Dinh, Nguyen Duc Hai, Tran Quang Phuong, Nguyen Thi Thanh, Vu Hong Thanh, and Le Minh Hoan.
On the same day, the parliament passed a resolution to elect Chairman of Ho Chi Minh City People's Committee Phan Van Mai as Chairman of the National Assembly's Finance and Economic Committee.
According to the new structure of the National Assembly, the Economic Committee and the Budget and Finance Committee are merged to form the Financial and Economic Committee.
- Read More
Hanoi terminates Vinaxuki auto plant project, repurposes land for commercial complex
A long-stalled automotive manufacturing project by Xuan Kien Auto JSC (Vinaxuki) has been officially terminated by Hanoi authorities, and the reclaimed land in Phuc Thinh commune will be repurposed for a new commercial and service complex.
Industries - Tue, September 16, 2025 | 2:44 pm GMT+7
Central Vietnam province reviews investment proposal for thermal power project after Thai EGATi pullout
Authorities in the central province of Quang Tri are evaluating a proposal from Power Generation JSC 1 (EVNGENCO 1), a subsidiary of state utility Vietnam Electricity (EVN), to take over the Quang Tri thermal power plant project, following the withdrawal of Thai investor EGATi.
Energy - Tue, September 16, 2025 | 1:44 pm GMT+7
Amata to sell stakes worth $46 mln in Vietnam units to Novaland-tied buyers
Amata VN, the Vietnam arm of Thailand’s leading industrial park developer Amata, has approved a plan for its subsidiary Amata City Long Thanh Urban JSC (ACLT) to sell its remaining 51% stakes in two entities to local developer Novaland-linked buyers.
Real Estate - Tue, September 16, 2025 | 12:19 pm GMT+7
Vietnam already meets FTSE's criteria for stock market status upgrade: Finance Minister
Vietnam has fulfilled the criteria for a stock market status upgrade by FTSE Russell through reforms aimed at facilitating foreign investment inflows into its market, said Minister of Finance Nguyen Van Thang.
Economy - Tue, September 16, 2025 | 9:36 am GMT+7
Banks should be allowed to distribute, invest in mutual fund certificates: Vietnam's finance ministry
The Ministry of Finance is proposing a key reform that would allow commercial banks to invest in and distribute mutual fund certificates, as part of a broader plan to restructure the investor base and foster the development of Vietnam’s fund management industry.
Finance - Tue, September 16, 2025 | 8:00 am GMT+7
E-commerce boom a major driver of Vietnam's packaging paper industry growth
Vietnam's paper packaging industry is entering a period of strong growth, with an average annual growth rate forecasted at 10% until 2030.
Companies - Mon, September 15, 2025 | 10:20 pm GMT+7
Vietnam needs support from UK in developing international financial center: Deputy PM
Permanent Deputy Prime Minister Nguyen Hoa Binh has called on the UK and the City of London to continue supporting and accompanying Vietnam in promoting and introducing its international financial center (IFC).
Finance - Mon, September 15, 2025 | 10:12 pm GMT+7
Vietnam enforces 8% capital adequacy ratio for banks from Sept 15
Commercial banks and foreign bank branches in Vietnam must maintain a minimum capital adequacy ratio (CAR) of 8%, including at least 4.5% in Tier 1 core capital and 6% in Tier 1 capital, starting from September 15.
Banking - Mon, September 15, 2025 | 10:04 pm GMT+7
Tool for wood traceability management debuts in Vietnam
The Vn-WoodID application has been officially launched in Vietnam, becoming a key tool contributing to wood traceability.
Companies - Mon, September 15, 2025 | 10:00 pm GMT+7
Sun Group, US Embassy foster aviation-hospitality cooperation
Sun Group, in collaboration with the US Embassy in Vietnam, hosted the US – Vietnam Aviation Partnership Roundtable on September 12, bringing together 15 leading American corporations in aviation, technology, and financial services, opening up opportunities to position Phu Quoc as a new aviation and tourism hub in the region.
Companies - Mon, September 15, 2025 | 9:54 pm GMT+7
Vietnam tops Thai giant SCG’s overseas markets with 9% revenue contribution in H1
Vietnam remained the largest overseas market for Thailand’s Siam Cement Group (SCG) in the first half of 2025, contributing 9% of consolidated sales.
Companies - Mon, September 15, 2025 | 8:10 pm GMT+7
Central Vietnam to have new airport Mang Den
Procedures to adjust Vietnam's airport system planning, including the addition of Mang Den Airport in central Vietnam, are being proceeded, according to the Ministry of Construction.
Infrastructure - Mon, September 15, 2025 | 5:16 pm GMT+7
Vietnam's government seeks to position country as 'regulated hub for digital assets in Asia': Dragon Capital
The Vietnamese Government has advanced the regulation of digital assets, with a resolution launching a five-year pilot framework for issuance and trading. This framework signals the Government’s intent to position the country as a regulated hub for digital assets in Asia, which could attract new capital inflows, write Dragon Capital analysts.
Economy - Mon, September 15, 2025 | 2:20 pm GMT+7
Agribank introduces sizable $4.17 bln preferential credit package
Right from the beginning of 2025, Agribank launched a substantial preferential credit package worth VND110 trillion ($4.17 billion) to support individual customers.
Companies - Mon, September 15, 2025 | 1:32 pm GMT+7
'Precious space' in Vietnam's monetary policy
The Federal Reserve's continued cuts in 2025, with the most recent in September, are considered a valuable policy "space" for the State Bank of Vietnam (SBV) to maintain low interest rates to support growth without having to worry too much about exchange rates.
Economy - Mon, September 15, 2025 | 10:15 am GMT+7
Vietnam’s central bank sells $1.5 bln to stabilize currency: broker MBS
The State Bank of Vietnam (SBV) intervened in the foreign exchange market by selling approximately $1.5 billion via 180-day cancelable forward contracts from August 25-26, in an effort to ease pressure on the Vietnamese dong, according to a recent report by MB Securities (MBS).
Banking - Mon, September 15, 2025 | 8:04 am GMT+7