AGP Executive Report
Last update: 6 hours agoHigh-Tech Incentives: Vietnam will offer 100% interest-rate subsidies for R&D in “strategic technologies” under Decree 260/2026/ND-CP, covering state-commissioned or NAFOSTED-funded projects and adding support via tax breaks, priority access to regulatory sandboxes, and use of state labs. Labour Costs: Vietnam’s National Wage Council approved a 7.8% average rise in regional minimum wages, with the top rate in Region I to reach 5.7 million dong from Jan 1, 2027. Flood Damage: Torrential rains in northern Vietnam’s Lai Chau province killed 4, injured 7 and left 4 missing, with losses estimated at over 120 billion dong. Business Climate & Policy: PM Le Minh Hung met the business community in Hanoi to remove bottlenecks and unlock resources, noting Vietnam has nearly 1.062 million active enterprises and that the business sector drives over 60% of GDP. Cross-Border Crime: Thai police dismantled a Vietnamese-led meth smuggling network using tamarind jars to ship “ice” to Japan, with alleged direction from Hanoi and arrests/warrants issued. Green Mobility Expansion: VinFast opened 20 e-motorcycle dealerships across Indonesia, pushing its battery swapping and after-sales ecosystem.
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