☕ Afternoon briefing on August 3

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

☕ Afternoon briefing on August 3

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

- The first extraordinary session of the 16th National Assembly (NA) kicked off in Hanoi on August 3, with lawmakers set to consider and decide on a series of items, including 15 draft laws, four draft normative resolutions and a range of major issues concerning national development.

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A view of the opening ceremony of the 16th NA's first extraordinary session (Photo: VNA)

NA Chairman Tran Thanh Man delivered a speech at the opening ceremony, which is broadcast live by the Voice of Vietnam (VOV) and Vietnam Television. Read full story

- The Government has proposed special mechanisms to address legal and procedural obstacles facing projects serving the APEC Economic Leaders’ Week 2027 in Phu Quoc special zone, the southern province of An Giang.

Minister of Finance Ngo Van Tuan, authorised by the Prime Minister, presented the proposal on August 3 at the ongoing first extraordinary session of the 16th National Assembly (NA). The draft resolution is designed to provide a legal basis for handling difficulties arising in the implementation of urgent infrastructure projects while ensuring the event’s preparations remain on schedule. Read full story

- Vietnam attracted 38.06 billion USD in registered foreign direct investment (FDI) in the first seven months of 2026, up 58% year-on-year, the National Statistics Office (NSO) under the Ministry of Finance reported on August 3.

The figure includes newly registered capital, additional investment for existing projects, and capital contributions through share purchases. Read full story

- Vietnam's total import-export turnover reached 659.58 billion USD in the first seven months of 2026, up 28.1% year-on-year. However, imports outpaced exports, resulting in a trade deficit of 20.52 billion USD, largely driven by stronger demand for imported raw materials, machinery and production inputs.

According to the National Statistics Office (NSO) under the Ministry of Finance, merchandise exports totalled 319.53 billion USD between January and July, an increase of 21.7% compared with the same period last year. Read full story

- Vietnam's agro-forestry-aquatic product exports were estimated at 6.67 billion USD in July 2026, up 1.3% from the previous month and 11.9% year-on-year, according to the Ministry of Agriculture and Environment.

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A worker processes clams for export at a processing facility of Thanh Hoa Seafood Import-Export JSC in Thanh Hoa province. (Photo: VNA)

In the first seven months of 2026, the country's total exports of agro-forestry-aquatic products reached nearly 42.8 billion USD, up 7.5% from the same period last year. Read full story

- Vietnam’s consumer price index (CPI) fell 0.12% month-on-month in July, mainly driven by lower domestic fuel prices in line with global trends and falling food prices amid abundant supply, according to the National Statistics Office (NSO) under the Ministry of Finance.

The July CPI increased 3.08% from December 2025 and 4.45% year-on-year. Average CPI in the first seven months rose 4.39% year-on-year, while core inflation increased 4.19%. Read full story

- Season four of the reality show Top Chef Vietnam 2026, themed "Bringing Vietnamese cuisine to the world's dining table", will air on VTV3 every Monday evening from August 3, aiming to discover culinary talent and promote Vietnamese cuisine on the global stage.

After three seasons, the programme has become one of Vietnam's leading culinary reality shows, honouring talented chefs while highlighting the country's agricultural produce and spices through contemporary cuisine and inspiring creativeness. Read full story

- Thousands of residents, visitors and enthusiasts were treated to a spectacular parade of martial arts masters and practitioners at the opening ceremony of the 9th International Festival of Vietnamese Traditional Martial Arts in Quy Nhon ward, Gia Lai province, on the evening of August 2.

Speaking at the opening ceremony, Chairman of the provincial People's Committee Pham Anh Tuan said Vietnamese traditional martial arts have been forged through thousands of years of history. From the nation's founding and defence to its struggles to safeguard sovereignty, martial arts have become an integral part of the Vietnamese people's resilience, spirit and cultural identity./. Read full story

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Minister of Finance Ngo Van Tuan presents the draft Law amending and supplementing several articles of the Law on Customs at the 16th National Assembly's first extraordinary session in Hanoi on August 3. (Photo: VNA)

Lawmakers discuss customs reform linked to digital transformation, risk management

Continuing the agenda of its ongoing first extraordinary session, the 16th National Assembly (NA) on August 3 heard proposals and verification reports on two bills, including the Law amending and supplementing several articles of the Law on Customs, and the Law revising Article 6 and Appendix IV on the list of conditional business lines under the Law on Investment.

A view of the Central Technology Platform No. 2 of the Bach Ho (White Tiger) oil rig under the Vietsovpetro joint venture between Vietnam and Russia (Photo: VNA)

Institutional reform key to unlocking new development model: experts

Resolution No. 19-NQ/TW, adopted at the third plenum of the 14th Party Central Committee, identifies breakthroughs in institutions and reforms as the starting point for renewing Vietnam’s development model, alongside reforms in national governance, organisation and operations to build new development capacity.

Professor Qu Qiang from Minzu University of China, in an interview granted to the Vietnam News Agency. (Photo: VNA)

Four orientations demonstrate shift in Vietnam’s development thinking: Chinese scholar

The most notable change is Vietnam’s transition from “organisational restructuring” to “improving governance effectiveness.” Previously, reforms focused on streamlining the apparatus and reducing intermediary levels. With organisational reforms largely completed, the more important task is now to ensure the new system operates more effectively, according to Professor Qu Qiang from Minzu University of China.

A view of the opening ceremony of the 16th NA's first extraordinary session (Photo: VNA)

First extraordinary session of 16th National Assembly opens

The first extraordinary session of the 16th National Assembly (NA) kicked off in Hanoi on August 3, with lawmakers set to consider and decide on a series of items, including 15 draft laws, four draft normative resolutions and a range of major issues concerning national development.

Deputy Prime Minister Le Tien Chau chairs several meetings to hear reports on the progress of the comprehensive review. (Photo: Ministry of Justice)

Over 43,000 legal normative documents reviewed

As of July 30, ministries, agencies and localities had conducted a preliminary review of more than 43,000 legal normative documents nationwide, identifying provisions that need to be amended, supplemented, replaced or annulled.

National Assembly Chairman Tran Thanh Man addresses the meeting (Photo: VNA)

Legislation must pave the way for development: NA leader

For the NA, he said, success should not be measured simply by completing the legislative agenda, but by improving the quality of every law and resolution so that each legal instrument effectively addresses institutional obstacles and generates momentum for growth.

A parade through streets in Bac Giang ward, Bac Ninh province helps spread the message of building a safe and civilised traffic culture among the public (Photo: VNA)

Proposal on establishment of centrally-run Bac Ninh city approved

Under Resolution No. 205/NQ-CP dated August 1, 2026, the Government assigned the Ministry of Home Affairs to coordinate with relevant ministries and agencies to fully incorporate comments from Government members into the submission, the proposal, and the draft National Assembly (NA) resolution on the establishment of the centrally-run city in accordance with regulations.

Party General Secretary and State President To Lam delivers a keynote address at the 33rd Diplomatic Conference on August 1, 2026. Photo: VNA

Address by Party General Secretary and State President at 33rd Diplomatic Conference

By upholding the tradition of Vietnam’s revolutionary diplomacy and bringing into full play collective wisdom, mettle and sense of responsibility, the entire diplomatic sector and external relations forces will remain united, proactive and creative in successfully fulfilling their tasks, contributing to maintaining peace, safeguarding the Fatherland, expanding development space and enhancing Vietnam’s international standing.

Congratulations sent to Switzerland on National Day

Congratulations sent to Switzerland on National Day

Party General Secretary and State President To Lam on August 1 sent a congratulatory message to President of the Swiss Confederation Guy Parmelin on the occasion of the 735th National Day of Switzerland (August 1, 1291 – 2026).

Vietnamese Ambassador to the US Nguyen Quoc Dung in an interview with the press on the sidelines of the 33rd Diplomatic Conference (Photo: VNA)

33rd Diplomatic Conference: Top leader’s broad directions provide fresh impetus for new stage of development

To effectively carry out top leader To Lam's directions, the diplomatic sector’s first and most fundamental step is to further improve awareness and professional capacity across all spheres. Diplomats must gain a deep understanding of the Party's and the State's directions, fully grasp the country's development requirements in the current context, and stay abreast of new demands arising from the rapidly changing international environment.

Vietnamese Ambassador to Canada Pham Vinh Quang (Photo: VNA)

Diplomatic achievements lay groundwork for upgrading Vietnam–Canada ties: diplomat

Among Vietnam's broader diplomatic achievements, relations with Canada stand out as one of the partnerships with the greatest potential for future development. The two countries share many common interests and complementary strengths, particularly in sustainable development, green transition, supply chain security, science-technology, and innovation.