Vietnamese
Draft Railway Law paves the way for greater private sector involvement
The draft Railway Law proposes a comprehensive legal framework to attract investment capital from the private sector in modernizing the national railway system.
Decree on decentralization and delegation of powers to be approved by june 12, 2025
Decree on decentralization and delegation of powers to be approved by june 12, 2025
On June 7, 2025, the Prime Minister issued Official Telegram No. 83/CD-TTg to further promote decentralization and delegation of powers and clarify competence across sectors and fields.
Intensified guidance for household businesses on proficient use of e-invoices generated from cash registers
Intensified guidance for household businesses on proficient use of e-invoices generated from cash registers
The content is stated in Official Dispatch No. 1629/CT-CĐS issued by the Tax Department regarding coordination with tax authorities in implementing e-invoices generated from cash registers for household businesses.
Guidance on financial and asset management of trade unions upon termination of operation
Guidance on financial and asset management of trade unions upon termination of operation
The Vietnam General Confederation of Labor has issued Official Dispatch No. 4181/TLD-TC, providing guidance on the financial and asset management of trade unions in accordance with the Politburo's Conclusion No. 157-KL/TW, dated May 25, 2025, regarding the restructuring of organizational apparatuses and administrative units.
Scheme to build skilled workforce for nuclear power development approved
Scheme to build skilled workforce for nuclear power development approved
The Government leader on May 26 approved a scheme on training human resources for nuclear power development by 2035, which is designated to meet the human resources demand of the Ninh Thuan 1 and Ninh Thuan 2 nuclear power plants by 2030.
Ministries, localities urged to simplify administrative procedures in construction
Ministries, localities urged to simplify administrative procedures in construction
The Prime Minister has recently requested the Ministry of Construction to review construction-related administrative procedures, aiming to reduce administrative processing time, compliance costs, and business conditions by 30 percent by the end of 2025
New policies taking effect in June 2025: changes in invoicing, securities, and foreign investment
New policies taking effect in June 2025: changes in invoicing, securities, and foreign investment
A number of regulations concerning invoicing, securities, and foreign investment will become effective from June.
Plan sets out credit, land policies for facilitating private sector development
Plan sets out credit, land policies for facilitating private sector development
Under the Government's action plan to implement Politburo Resolution 68-NQ/TW, the Ministry of Finance and the State Bank of Vietnam will play a pivotal role in improving institutions and facilitating access to land and credit resources for the private economic sector.
Two cases where online electronic notarization is not applicable from July 1, 2025
Two cases where online electronic notarization is not applicable from July 1, 2025
As provided in Decree No. 104/2025/ND-CP of the Government detailing a number of articles and implementing measures of the Law on Notarization.
Private sector enjoys breakthrough mechanisms from May 17
Private sector enjoys breakthrough mechanisms from May 17
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.
Issue the Decree No. 105/2025/ND-CP detailing the Law on Fire Prevention and Fighting and Rescue and Salvage
Issue the Decree No. 105/2025/ND-CP detailing the Law on Fire Prevention and Fighting and Rescue and Salvage
Decree No. 105/2025/ND-CP on detailing a number of articles and implementing measures of the Law on Fire Prevention and Fighting and Rescue and Salvage is issued by the Government on May 15, 2025 and takes effect on July 01, 2025
More efforts required to effectively manage gold market
More efforts required to effectively manage gold market
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.
From May 17, 2025, the National Assembly limits inspections of enterprises and business households once a year
From May 17, 2025, the National Assembly limits inspections of enterprises and business households once a year
On May 17, 2025, the National Assembly officially issues the Resolution No. 198/2025/QH15 on certain special mechanisms and policies for the development of the private sector.
Nationwide anti-smuggling and counterfeit goods campaign from May 15 to June 15, 2025
Nationwide anti-smuggling and counterfeit goods campaign from May 15 to June 15, 2025
On May 13, 2025, the Prime Minister issued Telegram No. 65/CD-TTg on launching a nationwide peak campaign to prevent and suppress smuggling, trade fraud, counterfeit goods, and intellectual property rights infringement.
Prime Minister orders immediate termination of informal payments
Prime Minister orders immediate termination of informal payments
This is the key content of Official Telegram No. 63/CD-TTg on strengthening discipline, enhancing responsibility, addressing shortcomings, and creating a favorable investment and business environment for enterprises, issued on May 12, 2025.
Draft law proposes shortening electoral procedures
Draft law proposes shortening electoral procedures
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.
Government approves to pilot two-year peer-to-peer lending
Government approves to pilot two-year peer-to-peer lending
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.
5 forms of certificate of deposit ownership transfer from June 16, 2025
5 forms of certificate of deposit ownership transfer from June 16, 2025
As prescribed in Circular No. 02/2025/TT-NHNN dated April 29, 2025, on issuing certificates of deposit in Vietnam by credit institutions and foreign bank branches.
Politburo’s Resolution on private economic sector development
Politburo’s Resolution on private economic sector development
Party General Secretary To Lam has signed a resolution on the development of the private economic sector.
Premier orders acceleration of key projects, exhibition marking National Day
Premier orders acceleration of key projects, exhibition marking National Day
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).
From June 16, 2025, certificates of deposit can be issued and settled by electronic means.
From June 16, 2025, certificates of deposit can be issued and settled by electronic means.
This is stipulated in Circular No. 02/2025/TT-NHNN dated April 29, 2025 on the issuance of Certificates of Deposit (CDs) in Vietnam by credit institutions and branches of foreign banks
