AGP Executive Report
Last update: 12 hours agoDiplomacy & Trade: To Lam departed Hanoi on October 19 for visits to Denmark, the EU and Belgium, a day after Vietnam signed a free-trade agreement with EFTA members Norway, Switzerland, Iceland and Liechtenstein. A separate tax treaty with Liechtenstein aims to prevent double taxation and support investment. Economic Policy: Vietnam’s central bank is urging commercial banks to cut lending rates as the government pursues rapid growth; exporters, meanwhile, reported a 30.4% rise in trade turnover in the first nine months. National Assembly: Lawmakers are considering tougher safeguards against collusion and speculative bidding in property auctions, including higher deposits and bans for rule-breakers. Business: A UK court froze VietJet assets worth up to US$251.6 million in a dispute over unpaid debt, while the airline can continue ordinary operations. Education: From 2027, Vietnam will regroup many university majors into broader fields, including language, literature and arts programmes.
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