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The National Assembly, with 429 out of 434 lawmakers in attendance voting in favor, on May 17 adopted Resolution 198/2025/QH15, introducing a range of supportive policies aimed at strengthening the private sector. These include measures to improve access to credit, facilitate land use, provide tax incentives, and ensure that economic relations are not subject to unwarranted criminalization. The Resolution officially took effect on the same day.

On May 13, the Prime Minister issued a directive urging the State Bank of Vietnam (SBV), relevant ministries, and agencies to intensify efforts to effectively manage the gold market.

The State Bank of Vietnam is gathering public input on a draft law revising the 2024 Law on Credit Institutions, which proposes the legalization of three policies piloted under Resolution 42/2017/QH14, with a focus on strengthening the management of non-performing loans and dispersing risks.

Under Article 50 of the 2024 Law on Social Insurance (the Law), which will take effect on July 1 this year, employees will be entitled to maternity benefits if falling into certain cases.

The draft Law Amending and Supplementing a Number of Articles of the Law on the Election of Deputies to the National Assembly and Deputies to People’s Councils proposes shortening the timeline for electoral procedures to align with the two-tier local administration model.

Passed by the National Assembly in November 2024, the Law Revising a Number of Articles of the Law on Health Insurance (the 2024 Law) aims to increase healthcare benefits for the insured and improve the quality of medical examination and treatment services in health facilities nationwide, thereby contributing to assurance of social security.

From July 1, Vietnam will begin a two-year trial of peer-to-peer (P2P) lending, credit scoring, and data sharing through open application programming interfaces.

Scheduled for submission to the National Assembly for passage this May, the latest draft Law on Personal Data Protection introduces key provisions aimed at completing the legal framework for personal data protection and enhancing the responsibilities of domestic and foreign agencies, organizations, and individuals in safeguarding personal data.

Party General Secretary To Lam has signed a resolution on the development of the private economic sector.

Prime Minister Pham Minh Chinh has signed an official telegram setting out detailed plans for a series of ground-breaking and inauguration ceremonies for major national projects together with a large-scale exhibition depicting Vietnam’s socio-economic achievements in celebration of the 80th anniversary of National Day (September 2, 1945 – 2025).

The 2024 Law on Cultural Heritage aims to improve regulations on the safeguarding and promotion of values of cultural heritage, decentralization and delegation of powers for state management of cultural heritage, and mechanisms and policies to promote mobilization of social resources

Set to come into force on July 1 this year, the Law on Social Insurance (the Law) introduces significant revisions with the aim of ensuring long-term social security for the people and increasing benefits of the insured.

The Government has recently issued the new framework for average retail electricity prices under Decision 07/2025/QD-TTg dated March 31.

The 2025 Law on Promulgation of Legal Documents, with 72 articles arranged in nine chapters, removes the competence of commune-level administrations to promulgate legal documents so as to meet the requirements on renewal and improvement of the lawmaking process.

The Prime Minister on April 3 signed Official Dispatch 29/CD-TTg, requesting the Ministry of Public Security to intensify its crackdown on cybercrime, particularly fraud, given an ongoing restructuring of local police forces.