There is still significant room for stronger reforms to create a more favourable business environment and make Vietnam among countries with the best business environment in ASEAN, according to the Vietnam Chamber of Commerce and Industry (VCCI).

Total tax collection in 2020 is estimated at over VND1.26 quadrillion (US$54.37 billion), equivalent to 100.6% of the estimate, Deputy Director of the General Department of Taxation Dang Ngoc Minh said on December 31.

The Supreme People’s Court (SPC) held a national teleconference on December 21 to review the sector’s performance in 2020 and the 2016-2020 tenure and set tasks for next year.

Relevant agencies have rolled out various solutions this year to help taxpayers cope with the adverse impact of COVID-19, a forum on tax policy held in Hanoi on December 18 heard.

The Ministry of Finance has announced the State budget estimates for 2021, which target over VND1.34 quadrillion (US$58.2 billion) in State budget revenue.

Institutional and legal reforms will be the key factors in business development over the next five to 10 years in Vietnam, experts have said.

VOV.VN - Vietnamese Ambassador Dang Dinh Quy, head of the Vietnamese mission to the United Nations, has expressed the country’s support for reform efforts being pushed by the United Nation Security Council (UNSC) in a bid to ensure the continued representation, democracy, transparency, and efficiency of the Council.

Sustainable development was important for Vietnam to recover from the impacts of the COVID-19 pandemic, experts said at a forum in Hanoi on November 10.

Vietnamese expats living in Australia contributed their ideas to draft documents of the 13th National Party Congress at a virtual seminar held by the Embassy of Vietnam in Canberra on November 7.

Lawmakers proposed solutions to promote socio-economic development in the 2021-2025 period during the 10th sitting of the 14th National Assembly (NA) in Hanoi on November 3.