Overview
Vietnam’s economy is receiving positive international recognition, with its stock market upgraded to emerging market status effective September 21 and bilateral partnerships expanding with Canada and the United States, while the country simultaneously faces infrastructure challenges including flooding in the Mekong Delta and lagging disbursement rates on major transportation and energy projects. Foreign investment inflows are anticipated from the index upgrade and bond market opportunities, though power generation capacity and grid modernization remain areas requiring urgent attention to meet rising electricity demand through 2030. Domestically, Vietnam is addressing structural issues including VAT refund delays affecting business cash flows and civil servant compensation gaps.
Payments
Việt Nam đề nghị JPMorgan Chase, Visa mở rộng hợp tác về vốn quốc tế và thanh toán số
Vietnamese General Secretary and President Tô Lâm met with leadership from JPMorgan Chase and Visa on September 23 in New York to discuss expanding cooperation on financial market development, attracting international capital flows, and advancing digital payments in Vietnam. The General Secretary met with Troy Rohrbaugh, Co-President and Co-CEO of JPMorgan Chase, and acknowledged the bank’s reputation and position in the international financial market as well as its contributions to Vietnam. The discussions aimed to explore broader collaboration between Vietnam and these major financial institutions on capital attraction and digital payment advancement.
- Source: VnEconomy
Regulation
Bậc lương công chức thấp nhất 3,4 triệu, còn chưa bằng mức sàn cho người chưa qua đào tạo
The lowest civil servant salary grade in Vietnam is 3.4 million VND, which falls below the minimum wage for untrained workers. The article notes that actual civil servant compensation relies heavily on various allowances and supplementary income that vary by agency, making the base salary figures increasingly disconnected from reality. The piece illustrates the situation through the example of a 22-year-old newly-graduated engineer who has just passed the civil service exam and started work at an agency in Hanoi.
- Key figures: Lowest civil servant salary grade: 3.4 million VND
- Source: CafeF
Hoàn thuế kéo dài, Cục Thuế yêu cầu phải trả lời rõ với doanh nghiệp
Multiple businesses and industry associations have reported ongoing delays in value-added tax (VAT) refunds, with some cases spanning several years involving tens of billions of dong. Tax Department leadership has instructed local tax authorities to provide clear explanations to businesses regarding the amount to be refunded, amounts not refundable, reasons, and verification timelines. Delayed refund processing has resulted in tied-up cash flow for affected enterprises.
- Key figures: Số tiền hoàn thuế trong các hồ sơ kéo dài: hàng chục tỷ đồng đồng
- Source: CafeF
“Cởi trói” tín dụng du lịch: “Đòn bẩy” cho hệ sinh thái đủ sức cạnh tranh quốc tế
Vietnam’s State Bank has decided to decouple tourism credit debt from real estate debt ceilings, which experts view as necessary policy support for large enterprises. This measure aims to enable leading businesses to develop competitive international tourism-hospitality-entertainment ecosystems. The policy is expected to allow commercial banks to prioritize tourism credit expansion.
- Source: CafeF
Quy định về Hệ thống thông tin, Cơ sở dữ liệu cấp nước sạch và thoát nước đô thị
The Ministry of Construction issued Circular 69/2026/TT-BXD establishing regulations on information systems and databases for urban water supply and wastewater services. The circular sets out requirements for managing and maintaining these critical infrastructure data systems. This regulatory framework applies to urban water utilities across Vietnam.
- Source: BaoChinhPhu
Đề xuất hướng dẫn kinh phí ký hợp đồng thực hiện công việc trong đơn vị sự nghiệp công lập
The Ministry of Finance is drafting a circular to guide the identification of funding sources, budget allocation, management, use, and settlement of funds for contract work in public service units. The draft circular will provide instructions under Government Decree 235/2026/NĐ-CP. The guidance aims to establish standardized procedures for handling contract-based work funding in public institutions.
- Source: BaoChinhPhu
Stock Market
Bài toán thu hút tới 20 tỉ USD vào trái phiếu
Vietnam’s bond market could attract up to 20 billion USD in capital, according to Phạm Phú Khôi, Secretary General of the Vietnam Bond Market Association (VBMA). The country’s stock market upgrade from frontier to secondary emerging market status (effective September 21) is estimated to attract 1.2–1.5 billion USD from passive investment funds. Additional capital inflows are expected from other sources beyond passive funds.
- Key figures: Estimated capital attraction to bond market: up to 20 billion USD; Estimated capital from passive investment funds after market upgrade: 1.2-1.5 billion USD
- Source: ThanhNien
EQuest và Ngân hàng Standard Chartered hợp tác huy động 325 triệu USD thông qua VIFC-HCMC
EQuest and Standard Chartered Bank signed a memorandum of understanding on September 23 to mobilize 325 million USD through the Vietnam International Financial Center in Ho Chi Minh City (VIFC-HCMC). The signing ceremony was witnessed by Vietnamese Communist Party General Secretary and State President Tô Lâm, a Vietnamese Government delegation, and Richard Dean McClellan, the CEO of VIFC-HCMC. Standard Chartered is a major international financial institution with an extensive network connecting the United States, Singapore, Vietnam, and other financial centers.
- Key figures: Capital mobilization amount: 325 million USD USD
- Source: ThanhNien
Macroeconomy
Dự báo Việt Nam dẫn đầu tăng trưởng khu vực Đông Nam Á
Vietnam is forecast to lead economic growth in Southeast Asia amid global economic headwinds from geopolitical tensions and post-pandemic recovery slowdown. Vietnamese stocks have been added to FTSE Russell’s emerging markets index as of September 21, marking a significant milestone after years of reforms to attract foreign investors. Foreign media continue to report positive assessments and optimistic outlooks regarding Vietnam’s economic prospects.
- Key figures: Vietnam stocks added to FTSE Russell emerging markets index: September 21
- Source: ThanhNien
Lũ miền Tây đạt đỉnh kết hợp triều cường cao, nhiều nơi ngập nặng
Water levels in the Mekong Delta have risen again since September 21st, with the Tien River at Tan Chau reaching 3.4m and the Hau River at Chau Doc reaching 3.04m. Severe flooding in multiple provinces of the Western region is expected to persist for the next 10 days as the year’s peak water levels combine with high tides and potential heavy rainfall. The Southern Institute of Water Resources Planning (SIWRP) reports that water levels at the upstream source of the Mekong are increasing again.
- Key figures: Tien River water level at Tan Chau: 3.4 m; Hau River water level at Chau Doc: 3.04 m; Expected duration of severe flooding: 10 days
- Source: ThanhNien
Việt Nam - Canada nâng cấp quan hệ lên Đối tác chiến lược, mở rộng hợp tác công nghệ và năng lượng
Vietnam and Canada upgraded their bilateral relationship to Strategic Partner status during a state visit on September 24, 2026. Prime Minister Mark Carney of Canada welcomed General Secretary and President Tô Lâm and a high-level Vietnamese delegation, emphasizing the historic significance of the visit. The two countries agreed to expand cooperation in technology and energy sectors.
- Source: VnEconomy
Giải bài toán cho trung tâm dữ liệu ‘ngốn’ điện thế nào?
A report from Vietnam’s Ministry of Industry and Trade indicates that progress on several power generation and grid projects is lagging against requirements, while electricity demand continues to rise and new types of loads emerge. The Ministry has proposed reviewing, updating and adjusting the Electricity Plan 8 to proactively address electricity shortage risks during 2026-2030. Under the adjusted Electricity Plan 8, commercial electricity demand in 2030 is forecast at 500.4-557.8 billion kWh.
- Key figures: Nhu cầu điện thương phẩm dự báo năm 2030: 500.4-557.8 tỉ kWh
- Source: ThanhNien
Rà soát nhu cầu, khả năng giải ngân vốn ‘siêu dự án’ đường sắt tốc độ cao
The Prime Minister has requested an urgent review of demand and capital disbursement capacity for the North-South high-speed railway project. Efforts to accelerate resettlement area construction, land clearance, and completion of technical standards and regulations are being prioritized to ensure project implementation schedule. A major contractor has won a multi-trillion-dong contract for the 5.4 billion USD high-speed railway project spanning four provinces, with VinSpeed as the investor.
- Key figures: High-speed railway project investment value: 5.4 billion USD
- Source: CafeF
Tổng Bí thư, Chủ tịch nước Tô Lâm đề nghị doanh nghiệp Hoa Kỳ mở rộng hợp tác công nghệ, năng lượng, logistics
On September 23 in New York, Vietnamese General Secretary and President Tô Lâm met with representatives of several U.S. companies operating in technology, energy, logistics, and pharmaceuticals. During the meeting, he proposed expanded cooperation in these sectors. The meetings included discussions with SpaceX President and CEO Gwynne Shotwell, where he praised the company’s interest and coordination with Vietnamese agencies for pilot service implementation.
- Source: VnEconomy
5 phương hướng đưa quan hệ Việt Nam - Hoa Kỳ phát triển sâu rộng, thực chất
Vietnam’s General Secretary and State President Tô Lâm delivered a policy speech at the Council on Foreign Relations (CFR) in New York on September 22 as part of his participation in the 81st UN General Assembly and bilateral activities in the United States. CFR Board Chairman Henry Fernandez praised Vietnam’s economic and social development achievements, particularly in poverty reduction and improving living standards. The visit aims to advance Vietnam-U.S. relations across multiple dimensions.
- Source: VnEconomy
Thủ tướng yêu cầu điều chuyển vốn, gỡ nút thắt vật liệu cho dự án giao thông trọng điểm
The Prime Minister presided over a meeting on major transportation projects, where reports showed that as of August 31, 2026, only 95,440 billion dong had been disbursed out of 255,000 billion dong allocated for these projects, achieving a 38% disbursement rate. This rate falls below the national average disbursement progress of approximately 50%, with several large-scale projects including Ring Road 3 in Ho Chi Minh City, the Ho Chi Minh City-Moc Bai route, and other corridors having disbursed less than 30% of their allocated funds.
- Key figures: Total capital allocated for 2026 for major transportation projects: 255,000 billion dong; Capital disbursed as of August 31, 2026: 95,440 billion dong; Disbursement rate achieved: 38 %; National average disbursement progress: approximately 50 %
- Source: VnEconomy
Summaries are AI-generated from public news sources and link to the originals. Neutral, factual, not investment advice.