☕ Afternoon briefing on August 22

The following is a brief review of the day’s events as reported by the Vietnam News Agency.

☕ Afternoon briefing on August 22

Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency.

- Continuing its first extraordinary session, the 16th National Assembly discussed policy orientations for amending the Law on Real Estate Business in Hanoi on August 22.

Deputy Nguyen Thi Viet Nga from Hai Phong city called for a unified minimum standard to protect buyers of off-plan real estate under both the Law on Real Estate Business and the Law on Housing, while controlling cash flows even before properties become eligible for sale. Read full text

- The official visit to Vietnam by President of the National Assembly of Côte d’Ivoire Patrick Achi from August 23-26 is expected to strengthen parliamentary cooperation and promote economic and trade ties, contributing to more substantive and sustainable development of bilateral friendship.

The visit comes short after the two countries celebrated the 50th anniversary of their diplomatic relations (October 6, 1975 - 2025), and reflects their determination to open a new chapter in bilateral ties, particularly in parliamentary and economic-trade cooperation. Read full text

- Deputy Foreign Minister Le Thi Thu Hang and her Russian counterpart Andrey Rudenko agreed on measures to deepen the Vietnam – Russia comprehensive strategic partnership in the new period while co-chairing a deputy foreign ministerial-level political consultation in Moscow on August 21, held as part of the cooperation plan between the two foreign ministries.

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A view of the Vietnam - Russia deputy foreign ministerial-level political consultation in Moscow on August 21. (Photo: VNA)

The two sides reviewed bilateral relations since the previous consultation in Hanoi in February 2025 and discussed concrete orientations and measures to address difficulties and promote cooperation between the two countries and their foreign ministries. They agreed to closely coordinate preparations for high-level delegation exchanges, particularly those scheduled for the remaining months of 2026. Read full text

- Vietnam's exports are gaining fresh momentum from a recovery in production, rising year-end orders and relatively strong international demand, with total trade exceeding 712 billion USD after more than seven months.

The positive outlook has raised expectations that key export sectors, including electronics, textiles and garments, wood products and agricultural goods, will continue to expand and help sustain double-digit export growth in 2026. Read full text

- Ho Chi Minh City, the country’s economic hub and a key base for armed and law-enforcement forces in the southern waters, is stepping up efforts to implement the strategic vision of building Vietnam into a strong maritime nation under Resolution No. 20-NQ/TW of the 14th Party Central Committee, helping safeguard national sovereignty and promote sustainable development.

The resolution marks a shift from focusing primarily on the maritime economy to viewing the sea as an economic, strategic and living space, requiring close coordination between development, defence, security, foreign affairs and modern maritime governance. Read full text

- Storm Narra, the fourth to hit the East Sea this year, brought strong winds and heavy rains to northern Vietnam on early August 22, with some areas forecast to receive more than 500mm of rain as the storm moves slowly over the northern waters of the East Sea.

According to the National Centre for Hydrometeorological Forecasting, early on August 22, strong winds of level 8 (62-74 km/h), with gusts up to level 9, were recorded at Bach Long Vi special zone in Hai Phong city, while winds reached level 6, with gusts up to level 9, in Co To special zone in Quang Ninh province. Read full text

- Northern Vietnam is bracing for a tropical depression that strengthened into this year’s fourth storm over the Gulf of Tonkin on August 21 evening, prompting Ninh Binh and Hung Yen provinces to impose a sea ban before 5:00 on August 22.

Meanwhile, Quang Ninh has seen continuous moderate to heavy rain, with very heavy downpours in some areas, since August 20, according to the provincial hydro-meteorological station./. Read full text


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An overview of the event (Photo: VNA)

Vietnam, Uzbekistan drive people-to-people diplomacy

Over the past 30 years, the Vietnam-Uzbekistan Friendship Association has actively staged people-to-people exchanges, serving as a bridge to tighten bilateral ties, spread cultural and historical values, increase mutual understanding and nurture friendship between the two peoples.

Representatives of the Nghe An provincial Border Guard Command and the Military Commands and Departments of Public Security of the three Lao provinces of Xiengkhuang, Bolikhamsai and Houaphanh at the MoU signing ceremony. (Photo: VNA)

Vietnam, Laos strengthen cooperation in border management and security

On this occasion, they signed memoranda of understanding, agreeing to step up coordination in managing and protecting the border, while tightening control of cross-border movement through border gates, trails and crossings with the aim of promptly detecting and handling cases of illegal entry and exit and other violations, contributing to maintaining political security and social order and safety in border areas.

Aqua City project in southern Dong Nai province (Photo: VNA)

Lawmakers debate real estate bill to shield buyers, curb price rigging

Under Article 20 of the draft Law on Real Estate Business, buyers may pay up to 70% of the contract value before receiving the property and up to 95% before obtaining an ownerhsip certificate, with the remaining 5% held in escrow or secured through another mechanism. The draft also features regulations on bank guarantees for off-plan housing.

A view of the Vietnam - Russia deputy foreign ministerial-level political consultation in Moscow on August 21. (Photo: VNA)

Vietnam, Russia seek to step up comprehensive strategic partnership

The two sides reviewed bilateral relations since the previous consultation in Hanoi in February 2025 and discussed concrete orientations and measures to address difficulties and promote cooperation between the two countries and their foreign ministries. They agreed to closely coordinate preparations for high-level delegation exchanges, particularly those scheduled for the remaining months of 2026.

NA Vice President Nguyen Hong Dien moderates the session. (Photo: VNA)

Lawmakers debate real estate, budget, nuclear project changes

The draft revised real estate law is intended to turn Party and State guidelines into statute, codify tested resolutions that have been tested in practice, and shift power under the two-tier local administration model. It seeks to cut investment and business conditions, accelerate digital transformation, improve market transparency and predictability, strengthen market regulation, and clear practical bottlenecks to support a healthy property market.

Deputy Foreign Minister Dang Hoang Giang (Photo: Ministry of Foreign Affairs)

Vietnam values relationship with US: Deputy Foreign Minister

Deputy Foreign Minister Dang Hoang Giang said Vietnam-US ties have maintained positive momentum following the February 2026 meeting between General Secretary of the Communist Party of Vietnam Central Committee and President To Lam and President Donald Trump, with regular exchanges and expanding cooperation across various fields.

At the inter-agency meeting (Photo: VNA)

Foreign minister urges faster delivery of int’l commitments, agreements

Participants underlined the political significance and urgency of monitoring and following up on the implementation of international commitments, pledging to shift from deal-signing to delivery, narrow the gap between commitments and tangible results, and turn commitments into practical resources for national development.

NA President Tran Thanh Man (seventh from left, first row), representatives of the Vietnam Friendship Parliamentarians Organisation of the 16th-tenure NA and international delegates pose for a group photo. (Photo: VNA)

Vietnam Friendship Parliamentarians Organisation for 16th tenure set up

Under the resolution, the Presidium comprises one chairperson, three vice chairpersons and one secretary-general. Politburo member and NA Permanent Vice President Do Van Chien has been appointed Chairperson of the Vietnam Friendship Parliamentarians Organisation for the 16th-tenure NA.

Deputy Minister of Public Security Le Quoc Hung (third, left) presents rare archival footage documenting President Ho Chi Minh’s visit to Hungary to the Party Central Committee Office, Vietnam Television (VTV), Voice of Vietnam (VOV), Vietnam News Agency (VNA), and the Ho Chi Minh Museum. (Photo: VNA)

Archival footage of President Ho Chi Minh in Hungary presented to agencies

The archival footage presented on this occasion captures part of President Ho Chi Minh’s official visit to Hungary from August 1-5, 1957, as part of a series of historic visits by the leader and a high-ranking delegation of the Democratic Republic of Vietnam (now the Socialist Republic of Vietnam) to nine socialist countries in Eastern Europe and Asia following the Dien Bien Phu Victory and the 1954 Geneva Accords.

Deputy Minister of Foreign Affairs Nguyen Manh Cuong (Photo: VNA)

Vietnam-Singapore Strategic Dialogue - New development step in bilateral relations

Deputy Minister of Foreign Affairs Nguyen Manh Cuong said that the visit marks several first milestones, as it will be the first official visit to Singapore by a Standing Member of the CPV Central Committee’s Secretariat. It will also inaugurate the Vietnam-Singapore Strategic Dialogue mechanism, which the two countries’ leaders agreed to establish during General Secretary of the CPV Central Committee and President To Lam’s state visit to Singapore in May.

Deputy Ly Tiet Hanh from Gia Lai province speaks at the National Assembly sitting on August 21. (Photo: VNA)

Government proposes 30% income tax cut for small businesses

The personal income tax payable for the 2026 and 2027 tax years is proposed to be reduced by 30% for resident individuals earning income from business activities, provided their annual revenue does not exceed 10 billion VND (about 383,600 USD).

A plenary discussion of the 16th National Assembly's first extraordinary session (Photo: VNA)

National Assembly adds three items to agenda of first extraordinary session

The NA Standing Committee recommends adding three items to the agenda: separating the Ninh Thuan nuclear power project into independent projects; mechanisms and policies for sea-reclamation urban development projects to be incorporated into the draft Law on Urban Development; and a draft NA resolution on reducing personal income tax and corporate income tax for individuals and businesses.

Vietnamese Consul General in Vladivostok Nguyen Viet Kien speaks at the event (Photo: VNA)

Vietnam-Russia friendship strengthened through historic milestones

Vietnamese Consul General in Vladivostok Nguyen Viet Kien recalled the historic significance of the August Revolution and National Day, which opened a new era of independence and freedom for Vietnam. He highlighted the valuable support extended by the former Soviet Union and present-day Russia to Vietnam’s national construction and development.

Cambodia’s First Deputy Prime Minister Neth Savoeun speaks at the ceremony marking the 81st anniversary of Vietnam’s National Day on August 20. (Photo: VNA)

Vietnam to achieve development goals: Cambodian First Deputy PM

Cambodia’s First Deputy Prime Minister Neth Savoeun described the friendship between the two countries as special and invaluable, stressing that mutual assistance, both in the past and at present, has contributed to development and prosperity for their peoples.