All fields, except for security and national defense, must be open for investment, said Prime Minister Nguyen Xuan Phuc.

The number of expats in Vietnam rose from 72,172 in 2013 to 88,845 in 2018, the majority of whom are holding key positions, including manager, CEO and technician.

The National Assembly agreed on allocating VND115.4 trillion (US$4.97 billion) for debt payment and VND220 trillion (US$9.47 billion) for development investment.

The pension age in Vietnam will be raised from 60 for men and 55 for women at present to 62 (in 2028) and 60 (in 2035), respectively.

In the previous version, the law stipulated the duration of an investment visa for investors is not longer than five years, which was considered flaw by the National Assembly’s Standing Committee.