Vietnam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment. The move comes amid concerns that this measure might undermine the competitive advantage of developing countries in attracting foreign investment through offering tax incentives.

The Vietnamese Government commits to creating all possible conditions for businesses to growth further, Prime Minister Pham Minh Chinh affirmed at the Vietnam Business Forum 2023 (VBF 2023) in Hanoi on March 19.

Vietnamese Deputy Minister of National Defense Sen. Lieut. Gen. Hoang Xuan Chien and Japanese Vice Minister of Defense Masami Oka co-chaired the ninth Vietnam-Japan Defense Policy Dialogue in Tokyo on March 13.

A delegation of the Vietnamese National Assembly (NA), led by its Permanent Vice Chairman Tran Thanh Man, attended the opening ceremony of the 146th Inter-Parliamentary Union (IPU) Assembly in Bahrain on March 11 (local time), which brought together nearly 2,000 delegates from nearly 140 countries worldwide.

Vietnam consistently considers Japan as a long-term, trustworthy, leading important and strategic partner, Prime Minister Pham Minh Chinh told Secretary-General of Japan's National Security Secretariat Akiba Takeo during a reception for the later in Hanoi on March 6.

The Ministry of Finance has proposed to increase the special consumption tax (SCT) on a number of items harmful to health including tobacco, beer, and alcoholic products to limit imports, production and consumption.

Politburo member, Secretary of the Communist Party of Vietnam (CPV) Central Committee and Chairwoman of its Organization Commission Truong Thi Mai on February 27 received Takebe Tsutomu, Special Advisor to the Japan - Vietnam Friendship Parliamentary Alliance, who is on a visit to Vietnam to attend the eighth Vietnam-Japan Festival.

Vietnam, with its geographical advantages, has identified logistics as key to promoting socio-economic development and improving the economy's competitiveness. Tran Thanh Hai, the deputy director of the Import-Export Department under the Ministry of Industry and Trade, spoke to Vietnam News Agency about this issue.

The visiting Settsu patrol ship of the Japan Coast Guard held a joint training session with ships of the Vietnam Coast Guard Region 2 Command in the central province of Quang Nam before leaving Da Nang, concluding a six-day friendship visit to the country from February 13.

Vietnam has been ranked 12th out of 26 countries in terms of comprehensive power in Asia in 2022, unchanged compared to 2021, according to a recently released report by Lowy Institute.