Deputy prime minister Nguyen Chi Dung has called for a thorough review of the current state of Vietnam's state-owned economy to develop new solutions for its growth.

Proprietary trading by securities companies drove buying in the session that set a new liquidity record of 71.763 trillion VND, while domestic individuals and foreign organizations were net sellers.

Experts suggest a 20-25% maximum personal income tax rate would be more suitable for Vietnam, given its average income level and the economy's need for savings and investment.

The Vietnam Academy of Social Sciences (VASS) has proposed a three-phase roadmap for transitioning household businesses from fixed taxes to self-assessment.

Deputy prime minister Nguyen Chi Dung encouraged domestic businesses to thoroughly research the Laotian market and policies, and propose concrete investment ideas and projects.

Household businesses in Hanoi with estimated revenue changes exceeding 50% will notify tax authorities for adjustments, without facing retroactive tax collection.

The director of the monetary policy department, Pham Chi Quang, explained that the State Bank's desire to maintain low interest rates and foreign investors' net selling are the reasons for the Vietnamese dong's depreciation despite the weakening US dollar.