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Hai Phong launches “green channel” to accelerate business support
The Hai Phong People's Committee has instructed relevant agencies to apply a “green channel” mechanism to selected administrative procedures, creating more favorable conditions for businesses to implement investment projects.
News
Ministry of Industry and Trade streamlines administrative procedures in eight sectors
A new circular from the Ministry of Industry and Trade (MOIT) will decentralize authority to provincial People's Committees and abolish a series of cumbersome rules to reduce burdens on businesses.
Measuring private sector economic performance
Hai Phong ranks 12th out of 34 provinces and centrally-run cities on the Business Performance Index (BPI) for the private sector.
Decentralize, reduce and simplify administrative procedures and business conditions before May 20, 2026
Deputy Prime Minister Pham Thi Thanh Tra directed the strict implementation of resolutions on simplifying administrative procedures, decentralization and reducing business conditions in 2026.
Ministry of Health cuts over 600 business conditions for medical examination and treatment
After two review rounds, the number of business conditions in the medical examination and treatment sector has been sharply reduced from 920 to 307 to simplify administrative procedures.
Paving the way for small business growth
Raising the tax-exempt revenue threshold to 1 billion VND is expected to provide small businesses with more room to expand and foster sustainable development.
Raising tax exemption threshold to 1 billion VND
The taxable revenue threshold for business households and individuals is raised from VND 500 million to VND 1 billion per year, effective from January 1, 2026, reducing reduce cost burdens on households and businesses, and support the economy in overcoming current challenges and advancing toward two-digit growth targets.
Ministry of Finance proposes raising tax exemption threshold to 1 billion VND
The Ministry of Finance proposes raising tax exemption threshold to 1 billion VND for business households, individual business owners, and small enterprises.
Tax authority allows small-scale businesses to continue using e - invoices
To safeguard legitimate rights, the General Department of Taxation has allowed business households with annual revenue below 500 million dong to use e-invoices and has called for resolving arising difficulties.
Supporting FDI enterprises in expanding production and business operations
In addition to attracting new projects, the Hai Phong Economic Zone Authority has enhanced support for FDI enterprises to expand their production and business operations.
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