<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/7/4/434760_5207894336708148_dai-dien-cuc-cst-1-798.jpg" alt=""></figure></td></tr><tr><td>Trương Bá&nbsp;Tuấn, deputy head of the ministry's Department of Management and Supervision of Tax, Fees and Charges Policies.&nbsp;— Photo VNA</td></tr></tbody></table></figure>HÀ NỘI&nbsp;—&nbsp;The Ministry of Finance (MoF)&nbsp;is working with relevant ministries, sectors and localities to draft a new Personal Income Tax Law to replace the current one, with plans to submit it to the Naitonal Assembly during its session this October.The MoF has submitted a report to the Government after conducting a comprehensive review of the current law, identifying shortcomings, and examining international best practices, said Trương Bá&nbsp;Tuấn, deputy head of the ministry's Department of Management and Supervision of Tax, Fees and Charges Policies, at the ministry's regular press conference on Wednesday.According to him, six main areas are under review, including taxable income definitions, tax-free income categories, and family circumstance deductions. Adjustments are also proposed for business income thresholds and the progressive tax bracket system, which currently includes seven tiers.The ministry is also considering special deductions to support spending on education and healthcare, as well as ensuring alignment with recent legal reforms and the law on tax administration.After internal review, the draft will be published for public consultation through official government portals. Authorities expect the proposal to help modernise the personal income tax system in line with Vietnam’s development needs.&nbsp;— VNS

Six main areas are under review, including taxable income definitions, tax-free income categories, and family circumstance deductions.

Revised income tax law set for October submission

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/7/4/434842_PMC.jpg" alt=""></figure></td></tr><tr><td>Prime Minister Phạm Minh Chính speaks at the meeting. Photo baochinhphu.vn</td></tr></tbody></table></figure>HÀ NỘI&nbsp;— Prime Minister Phạm Minh Chính on Thursday directed the State Bank of Vietnam (SBV) to urgently consider removing the credit growth cap regulation imposed on commercial banks and replacing the administrative management tool with a market mechanism.At the Government’s regular meeting, the PM requested the SBV to promptly remove the regulation on assigning a credit cap to each commercial bank. Instead, the SBV needs to shift its management&nbsp;to a market mechanism and develop a set of criteria for credit safety control and report it to the Prime Minister this month.The credit growth quota policy, which puts a cap on the credit expansion of each bank, has been maintained by the SBV since 2011, when Việt Nam’s economy was experiencing hyperinflation stemming from excessive money supply. The tool was used to successfully control the quality of lending and ensure the safety of the banking system and macroeconomic stability.However, experts said that after over a decade of implementation, this tool is currently inappropriate and hinders people and businesses from accessing bank loans. Due to the quota system, even with a monetary surplus, banks cannot lend if they run out of their allotted credit quota.Experts suggest the SBV can choose the best commercial bank group to test the removal of the credit growth policy in its initial phase of implementation.“The SBV can experiment with allowing about the 15-20 best banks to freely increase credit. The remaining banks will still have to apply the credit growth cap,” suggested Nguyễn Tú Anh, former director of the Centre for Economic Information, Analysis and Forecasting under the Central Economic Committee.However, Anh noted, testing the removal of the credit growth cap needs to be strictly controlled, because when the restriction is removed, the competitive environment between banks will become more intense. This will create motivation and encourage banks that are unable to freely increase credit to improve their governance quality and operational efficiency, so that they can join the group. — BIZHUB/VNS

Prime Minister Phạm Minh Chính on Thursday requested the SBV to promptly remove the regulation on assigning a credit cap to each commercial bank.

Prime Minister requests urgent removal of credit growth cap regulation

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/7/4/434774_duongbayOska.jpg" alt=""></figure></td></tr><tr><td>First Japanese passengers on the direct Osaka-Đà Nẵng flight receive a warm&nbsp;welcome after landing at Đà Nẵng International Airport on July 3.VNS Photo Công Thành&nbsp;</td></tr></tbody></table></figure>ĐÀ NẴNG —&nbsp;The national carrier, Vietnam Airlines has resumed the direct Osaka-Đà Nẵng flight after a hiatus&nbsp;, operating seven flights per week on Mondays, Thursdays, Fridays and Sundays.The airlines said the re-opening the route is seen as an effort to expand air services from Đà Nẵng City to the other cities in Japan, and key market for the national carrier with 20 per cent annual growth.Vice director of Đà Nẵng City’s tourism department&nbsp;Nguyễn Thị Hoài An&nbsp;said the flights will offer favourable conditions for visitors travelling to and from Japan and&nbsp;Đà Nẵng.She said Đà Nẵng has organised different tourism promotion programmes in Tokyo and Osaka as well as press and farm trips from Japan.Đà Nẵng alone has welcomed 108,000 tourists from Japan in the first half of this year.The city will host the annual Japan–Việt Nam Cultural Festival on July 4-6.Đà Nẵng City has inked memorandums of understanding on investment and cooperation with Yokohama, Kawasaki and Sakai, and built relationships with 15 other cities in Japan.Many&nbsp;deals and exchange programmes in tourism, culture, education and environment protection have been promoted between Đà Nẵng and Japanese partners.The first Japanese language studies and culture research faculty in the central and Central Highlands region was established at the Đà Nẵng-Đông Á University from 2020.&nbsp;At least nine cities in Japan and more than 100 businesses have signed agreements to recruit students from the university and the region to work or&nbsp;study&nbsp;in Japan.&nbsp;More than 162,000 Vietnamese students currently study the Japanese language, while 40,000 students have joined training courses in Japan. — VNS &nbsp;

The airlines said the re-opening the route is seen as an effort to expand air services from Đà Nẵng City to the other cities in Japan, and key market for the national carrier with 20 per cent annual growth.

Vietnam Airlines resumes Osaka-Đà Nẵng air service

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/6/27/433349_3.jpg" alt=""></figure></td></tr><tr><td>The department's electronic information page, the application for managing tax procedure services and the e-commerce portal for information provision platforms will be temporarily suspended from 6pm on June 27 to 8am on July 1. — Photo cafef.vn</td></tr></tbody></table></figure>HÀ NỘI&nbsp;— The General Department of Taxation has announced that some electronic tax systems will be temporarily suspended for upgrades from June 27 to July 1.According to the department, the upgrades are aimed at meeting the requirements of reorganising tax agencies according to the two-tier local administration model from July 1 this year.Specifically, the department's electronic information page, the application for managing tax procedure services and the e-commerce portal for information provision platforms will be temporarily suspended from 6pm on June 27 to 8am on July 1.The suspension will also apply to the electronic information portal for households and individuals doing e-commerce and digital business; electronic tax application (eTax); electronic tax application for individuals (iCanhan); the eTax Mobile application and the information portal for exchanging information with external units and organisations.Electronic invoice applications will be temporarily suspended from midnight to 3am on July 1.Only the electronic portal for foreign suppliers is still operating normally.The tax authority will still receive and process tax administrative procedures directly at the one-stop division and via post during the process of upgrading and converting applications. However, the department notes that during the suspension period, the system may experience service interruptions, affecting the progress of processing and returning results.The department recommends that taxpayers complete procedures early and will continue to provide support via online channels, telephone and at the one-stop division.During the implementation process, if taxpayers have any problems, they can contact the department's support channel.&nbsp;— BIZHUB/VNS

According to the department, the upgrades are aimed at meeting the requirements of reorganising tax agencies according to the two-tier local administration model from July 1 this year.

Some electronic tax systems suspended until July 1 for upgrade

TNH99 Vietnam joint stock company is a multi-sector investment management company. Currently, TNH99 focuses on media, marketing, real estate, health care, F&amp;B and trading. TNH99 Vietnam always defines the customer benefits as the core value in it’s development strategy. We have been incessantly inovating, creating new values, complying with, committing to respect and consistently enforcing the common principles of conduct that make up TNH99 culture. Each member of TNH99 Vietnam has so much enthusiasm, devotion. They understand that interests of the company as well as its customers and social responsibility are focused.TNH99 currently has over 26 subsidiaries and affiliates throughout the country. At TNH99, more than 300 employees, experienced professionals, industry-leading experts, senior advisors and an open knowledge system provide a solid foundation for sustainable development.PRINCIPLES OF OPERATIONFollowing the "for human development" philosophy, TNH99 constantly searches and researches the needs of human and social trends. With the visionary leadership and management as well as young and professional staff, we are constantly growing and affirming our brand in the fields in which we operate in the Vietnamese market.CORE VALUESPeople are the most important resource, helping to create the values and differences of TNH99. They have the knowledge, qualifications and experience that are constantly accumulated and developed.The employees of TNH99 also have the unique characteristics of the Vietnamese people and industries. They always unite, strive towards professionalism, absorb and behave appropriately in communication with customers.Besides, leadership capacity is a key factor that helps TNH99 plan and successfully implement the sustainable development goals, promote the use of advanced management systems and tools, make accurate and timely decisions.Orientation to improve social responsibility, value management is applied at TNH99 to create a culture of effective work, productivity and quality. These values ​​are shared by TNH99 leaders and staff with partners and customers.TNH99 is committed to behave and operate with the following values: Efficiency, Quality, Straightforward, Enthusiastic, Professional.QUALITY POLICY:Meet the needs and satisfy customers by the highest quality of organization and service;Regularly research, apply and develop advanced technology to improve product quality, service and competitiveness in the field of operation;Identify and provide sufficient resources to ensure effective implementation of the quality management system.DEVELOPMENT ORIENTATIONWith a joint-stock operating model, we are still consistent with the tagline "We grow business", in which the principle of human resource development is an important step, governance is an important phase and promoting corporate culture is a regular task. Oriented solutions and services of TNH99 helps businesses to create sustainable added values ​​for people.We are committed to providing the most effective and practical services for Vietnamese businesses and the world for sustainable joint development.We always keep in mind, cherish and create products that constantly meet the expectations of the business community.We behave and cooperate based on civilized values ​​while promoting the cultural identities of VietNam.

About Us

In more than 15 years of establishment and development, with prestigious brands such as the Institute for Brand Strategy and Competition (BCSI), Vibiz, Vmark, Aaker,... and hundreds of media channels, we have affirmed our position as one of the pioneers and prestigious units in the field of market research, marketing consulting, communications, advertising and event organization in Vietnam. With a strategic vision and an experienced creative team, we provide comprehensive communication solutions, helping businesses not only reach the right customers but also build sustainable brand value in the public mind. The modern media industry requires a combination of content strategy, technology and the ability to understand consumer behavior. We provide a closed service ecosystem, including: - Market research and brand health - Consulting and building integrated communication strategy (IMC) - Creative content production (TV, digital, OOH, POSM, corporate films, TVC ...) - Management and implementation of multi-channel advertising campaigns: from traditional press to digital platforms such as Facebook, YouTube, TikTok, Google ... - Internal branding and brand communication services - PR - Press communication and media crisis handling With the orientation of "communication is not only to be known, but to be trusted", we always focus on the depth of the message, personalization and the ability to connect the brand with the target customers. In addition to communication capacity, we are a leading event organizer, with more than 1,000 large and small events held nationwide. We provide services from concept, design, production to full operation, including: - Marketing campaigns - Product launch, opening ceremony, anniversary celebration - Customer conferences, seminars, international forums - Activation, roadshow, exhibition, trade fair - Cultural, artistic and community CSR events Each event we organize is designed as a vivid communication story, where the brand is not only introduced, but also felt, loved and remembered. Our strength lies not only in our ability to organize or create content, but also in our ability to think about comprehensive communication strategies. We understand that in the digital age, brands cannot "shout loudly" but must "say the right thing, do the right thing and touch the emotions". With a team of experienced experts in marketing, communications, content production, art and digital technology, we are a trusted partner in the journey of building strong brands, winning public trust and promoting business growth.

Communication

In the digital age, information technology is not only a tool to support operations but has become the backbone of business development strategies. Realizing that, TNH99 has developed information technology services as a strategic pillar, providing comprehensive digital solutions for organizations and small and medium enterprises in Vietnam. TNH99 specializes in consulting and implementing digital transformation roadmaps from the root - starting from assessing the current state of operations, analyzing needs, to building digital systems suitable for the characteristics of each industry. We do not provide "ready-made" technology products, but focus on designing flexible, customized solutions according to reality, to ensure effective implementation and sustainable operation. One of TNH99's outstanding strengths is software development in the fields of medical health care, building management and operation, data mining, social listening. These systems are capable of linking internal data, real-time reporting and expanding integration with other platforms such as accounting systems, electronic invoices, banks or online payment gateways. In parallel with the management software, TNH99 also owns a team of experts in designing and operating business websites, e-commerce platforms and landing page platforms dedicated to marketing campaigns. All are built with a friendly interface, SEO standards, fast loading speed, multi-device compatibility and high security. In addition, TNH99's e-commerce solutions also support order management, customers, shopping carts, online payment integration and effective remarketing tools. In terms of infrastructure, TNH99 provides comprehensive IT system management solutions, from server setup, internal or cloud storage systems, to LAN setup, surveillance cameras, remote operating systems. In particular, information security and safety services are one of the top priorities, with encryption tools, periodic backups and access monitoring to protect business data from increasing cyber risks. For businesses that do not want to invest in their own IT team, TNH99 provides IT Outsourcing services - hiring technology experts periodically or by project. From daily technical support, system maintenance, troubleshooting, to training internal staff to use technology systems, we ensure professionalism - quick response - cost savings while still ensuring stable operating quality. All of TNH99's information technology services are built on 4 core principles: understanding the problem correctly - designing a custom solution - flexible implementation - long-term companionship. Not only a service provider, TNH99 wants to become a strategic technology partner of businesses on the journey of sustainable development.

Infomation Technology

News

We are a pioneer in providing comprehensive F&amp;B solutions, from restaurant operations, event organization, catering to importing and distributing high-end culinary specialties, including wine and imported food from famous regions around the world. With the philosophy that cuisine is a bridge between culture and life experience, TNH99 is committed to bringing customers satisfaction in every dish, every glass of wine and every moment of service. Professionally operated culinary - F&amp;B service chain: - KKAVENUE member company with a multi-style La Fontaine restaurant chain: from traditional Vietnamese dishes to modern fusion menus, youthful design space, international standard service. - Catering: serving family parties in a cozy and private space at private homes and villas, ensuring food safety, reasonable nutrition, and standard operation. - Event party - catering service: organizing full package wedding parties, birthdays, conferences, opening ceremonies... with flexible menus and attentive service. Importing - distributing high-end specialties and wines: Brandx member company is a direct importer and exclusive distributor of many high-end product lines serving the sophisticated culinary market: - Imported wines and beverages: from France, Italy, Chile, Australia, America,... with a diverse portfolio from regular wines to premium lines (Grand Cru, DOCG, Reserva...). - Regional specialties and high-end ingredients: such as European cheese, cold cuts, local spices, organic foods - supporting restaurant chains and distributors. - Gift baskets, high-end culinary gifts: designed according to the holiday season, combining the quintessence of Vietnamese and international cuisine - both luxurious and meaningful. We commit to: - Quintessence of raw materials - input standards: strictly selected, clear origin, meeting international safety standards. - Continuous innovation - flexible according to needs: meeting diverse individual, organizational and corporate customers. - Consistent service quality: whether it is a meal or a glass of wine at a high-end party, TNH99 focuses on the final customer experience. - Sustainable development - responsible business: minimizing F&amp;B waste, developing a clean supply chain, prioritizing high-quality Vietnamese goods.

Our Expertise

In TNH99's multi-industry development strategy, the real estate sector plays an important role in creating long-term value for the community and investors. Established as a member company, Allard Homes was born with the mission of becoming a professional, humane and sustainable real estate management and development unit, focusing on modern - sophisticated - livable housing products and urban projects. Allard Homes operates on the foundation of combining creative development thinking and international standard implementation capacity. With a team of experienced experts in the fields of planning, architecture, construction and finance, Allard Homes participates comprehensively in the process of market research, master planning, architectural design, construction and project management.From nursing homes, health care centers, eco-villas to synchronous urban areas, Allard Homes always focuses on three core factors: Construction quality - Investment value - Living experience. Each project is not just a real estate product, but a living ecosystem: a harmony between utilities, landscape, architecture and future residential community.In particular, Allard Homes prioritizes participating in the development of projects following the trend of "green and smart real estate", integrating standards of energy saving, green space, smart management and long-term after-sales services - contributing to the sustainable development of Vietnamese urban areas.With financial support, a multi-industry ecosystem and operational capacity from TNH99, Allard Homes not only creates high-quality real estate products, but also opens up opportunities for transparent, effective and long-term investment cooperation for strategic partners, individual and institutional investors.

Real Estate

With a distinguished heritage spanning over a decade in healthcare excellence, TNH99 Vietnam Joint Stock Company established the Medpharin Institute for High-Tech Pharmaceutical Research and Development — a pioneering institution dedicated to delivering optimal, bespoke health solutions through the harmonious integration of advanced biomedical technology and the enduring wisdom of traditional medicine.&nbsp;Complementing this foundation, TNH99 has thoughtfully cultivated a comprehensive healthcare ecosystem through a portfolio of esteemed subsidiaries. Peacelife Vietnam specializes in the production and distribution of premium herbal remedies and functional supplements, preserving and revitalizing Vietnam’s rich tradition of medicinal herbs. In parallel, My Health Vietnam stands at the forefront of digital healthcare innovation, developing intelligent m-Health platforms, AI-powered medical applications, gene sequencing technologies, family healthcare management solutions, and precision medicine services — all committed to fostering a proactive, health-literate community while elevating the global stature of Vietnamese healthcare.&nbsp;Building upon this legacy of holistic well-being, TNH99 made a visionary expansion into the luxury wellness and beauty sector with the founding of Éclat Vietnam — the exclusive owner and operator of Éclat Wellness &amp; Spa. Conceived as a sanctuary of refined beauty and restorative tranquility, Éclat Wellness &amp; Spa masterfully unites advanced therapeutic techniques, state-of-the-art technology, and an opulent, resort-style ambiance. Nestled within Hanoi’s prestigious Diplomatic Corps area — a modern, well-appointed neighborhood offering easy connectivity to the city’s major residential and commercial hubs — Éclat Wellness &amp; Spa offers an exquisite, timeless beauty experience through a portfolio of meticulously curated, five-star personalized services across three signature domains: Spa – Massage – Hair &amp; Nail. Every moment within Éclat is an invitation to celebrate individual beauty, nurture inner harmony, and embrace the art of gracious living.

Với hơn một thập kỷ hoạt động trong lĩnh vực chăm sóc sức khỏe, TNH99 đã thành lập Viện Nghiên cứu và Phát triển Dược phẩm Công nghệ cao (Medpharin), cung cấp các giải pháp tối ưu, cá nhân hóa, kết hợp giữa công nghệ hiện đại và tinh hoa y học truyền thống. Song song với đó, Tập đoàn cũng phát triển hệ sinh thái chăm sóc sức khỏe thông qua các công ty thành viên. Công ty Peacelife Việt Nam chuyên sản xuất và phân phối thực phẩm chức năng và các sản phẩm chăm sóc sức khoẻ từ thảo dược, đặc biệt là các sản phẩm từ cây thuốc Nam. Bên cạnh đó, TNH99 đầu tư Công ty My Health Việt Nam, tiên phong ứng dụng công nghệ thông tin vào y tế, phát triển các nền tảng m-Health, giải pháp số hóa, trí tuệ nhân tạo, giải trình tự gen, chăm sóc sức khoẻ gia đình và y học chính xác, với sứ mệnh xây dựng cộng đồng khỏe mạnh, chủ động và từng bước nâng tầm vị thế người Việt trên trường quốc tế.Dựa trên nền tảng vững chắc đó, TNH99 tiếp tục mở rộng lĩnh vực wellness &amp; beauty với sự ra đời của Éclat Việt Nam — đơn vị sở hữu và vận hành thương hiệu Éclat Wellness &amp; Spa. Đây là chuỗi điểm đến làm đẹp toàn diện, kết hợp liệu pháp trị liệu chuyên sâu, công nghệ tiên tiến và không gian nghỉ dưỡng đẳng cấp. Éclat Wellness &amp; Spa mang đến trải nghiệm làm đẹp vượt thời gian và thư giãn tuyệt đối thông qua hệ thống dịch vụ cá nhân hóa chuẩn 5 sao, tập trung vào 3 lĩnh vực chính: Spa – Massage – Hair &amp; Nail.