Want to be in the loop?
subscribe to
our notification
Business News
FOREIGNERS ALLOWED TO CHANGE VISA STATUS WHILE IN VIỆT NAM: NA
The National Assembly (NA) on Monday voted for amendments to the immigration law, for the first time allowing visitors to change their visa status and prolong their stays in Việt Nam without having to fly out of the country.

The amendment was approved by an overwhelming 83.6 per cent for the Law on Entry, Exit, Transit and Residence of Foreigners.
The law will come into effect on July 1 next year, allowing visitors to apply to change their visas under a number of circumstances.
Visitors who can prove they are investors or representatives of foreign organisations that make legal investments in Việt Nam will be allowed to have their purpose of visit switched during their stay in the country.
Family members of invitees will also enjoy the same advantage.
Foreign workers who receive job offers in Việt Nam or enter the country on e-visas will be able to change their visa status as long as they have a work permit or confirmation they are eligible for a work permit.
These amendments mark a huge change in policy, as foreign guests currently have to fly out of the country if they want to renew their visas.
Võ Trọng Việt, chairman of the NA Committee on National Defence and Security, said the amendments would make it easier for foreigners to stay in Việt Nam to learn about the market, and look for jobs and investment opportunities without wasting time and money on immigration procedures.
“The regulation is open but also strict about monitoring foreigners living in Việt Nam. Not all tourists that visit Việt Nam can apply for a change of purpose given the particular conditions (for a visa switch),” he told the NA.
The NA on Monday also passed the Law on Amendments and Supplements to the Law on Cadres and Civil Servants and the Law on Public Employees, along with the Law on Amendments and Supplements to Article 3 of the Law on Management and Use of Weapons, Explosives and Combat Gear.
Source: VNS
Related News
THE REVERIE SAIGON CELEBRATES THE FESTIVE SEASON WITH CURATED CULINARY EXPERIENCES AND BESPOKE CELEBRATIONS
Ho Chi Minh City, Vietnam, 12 November 2026 – The Reverie Saigon, a member of “The Leading Hotels of the World”, unveils its 2026 festive program, presenting a wide range of holiday offerings across its dining venues, spa, and accommodations. Reflecting Ho Chi Minh City’s growing reputation as a leading dining destination, this year’s festive offerings bring together diverse culinary experiences
PASTA WEEK: EMBARK ON A FLAVOURSOME CULINARY VOYAGE AT NOI
From November 9 to 22, 2026, NOI restaurant located on Level 3 of the Union Square - presents Pasta Week, an exclusive culinary journey celebrating the spirit of "A Celebration of Us". Taking inspiration from its name "NOI", which means "Us" in Italian, the specially curated menu unfolds like a vessel bearing warmth and brings people closer around the dining table.
AVERAGE STARTUP CAPITAL PER NEW BUSINESS DOUBLED TO $800,000
More than 243,600 businesses were newly established or resumed operations in the first 10 months of 2026, averaging 24,400 a month, according to the National Statistics Office under the Ministry of Finance. Total additional registered capital reached nearly VND5.8 quadrillion ($227 billion), up 11.6 per cent on-year.
VIỆT NAM SEEKS NEW GROWTH DRIVERS TO ACHIEVE DOUBLE-DIGIT EXPANSION IN 2027
The target, approved by the National Assembly (NA) on November 7, comes amid encouraging economic performance in the first 10 months of 2026. However, sustaining high growth will require more than increased investment and credit. Improving productivity, strengthening the private sector, promoting industrial development and accelerating science and technology adoption will be crucial to turning the ambitious target into reality.
VIETNAM’S TRADE TURNOVER SURPASSES $1 TRILLION FOR THE FIRST TIME
Total merchandise trade reached more than $1 trillion in the first 10 months of 2026, up 32.3 per cent on-year, according to the National Statistics Office under the Ministry of Finance. Exports hit $499.24 billion, up 27.5 per cent, while imports totalled $511.3 billion, up 37.4 per cent. With imports outpacing exports, Vietnam posted a merchandise trade deficit of $12.07 billion, compared with a surplus of about $19.5 billion a year earlier.
VIỆT NAM TO DEVELOP A NATIONAL PROGRAMME TO BOOST MARITIME INDUSTRY
Việt Nam will develop a national programme for the maritime and marine engineering industries through 2035 as part of the effort to strengthen domestic industrial capacity and build a modern, competitive and self-reliant maritime industry. Under Decision 2089/QĐ-TTg, signed by Permanent Deputy Prime Minister Phạm Gia Túc, the Government seeks to address existing difficulties and bottlenecks, mobilise resources and make more effective use of the industry's existing capabilities.






















