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Vietnam expects to apply global minimum tax in 2024

Vietnam expects to apply global minimum tax in 2024

The Ministry of Finance has recently submitted the Government a draft resolution on the imposition of top-up corporate income tax under the Global Anti-Base Erosion (GloBE) model rules, which is expected to be adopted by the National Assembly for application from the beginning of next year.

Country approves national energy master plan for 2021-30 period

Country approves national energy master plan for 2021-30 period

More investments lured to just energy transition process

National important transport projects need accelerating: PM

Vietnam issues plan to implement Glasgow declaration on forests

Supplement regulations on resources to support planning activities

Supplement regulations on resources to support planning activities

Supplement regulations on resources to support planning activities

The Government issues Decree No. 58/2023/ND-CP on amending and supplementing a number of Articles of Decree No.37/2019/ND-CP on detailing a number of articles of the Planning Law. In which, supplement regulations on resources to support planning activities.

August 28, 2023

MOF proposes imposing emission charge on discharging facilities

MOF proposes imposing emission charge on discharging facilities

MOF proposes imposing emission charge on discharging facilities

All emission-discharging facilities would have to pay emission charge at the rate of VND 3 million (USD 125) per year, according to a draft decree on environmental protection charge for exhaust emissions designed by the Ministry of Finance (MOF).

August 26, 2023

Former inmates to be provided with bank loans to restart their lives

Former inmates to be provided with bank loans to restart their lives

Former inmates to be provided with bank loans to restart their lives

From October 10, people released from prison will be entitled to borrow up to VND 100 million from the Bank for Social Policies within five years after their release for getting back to production and trade activities.

August 25, 2023

Working party formed to review legal documents

Working party formed to review legal documents

Working party formed to review legal documents

A working party will be formed to review the current system of legal documents under Prime Minister Decision 945/QD-TTg dated August 11.

August 25, 2023

From September 01, 2023: Cease 03 cases of prohibition on lending

From September 01, 2023: Cease 03 cases of prohibition on lending

From September 01, 2023: Cease 03 cases of prohibition on lending

This is the contents prescribed in the Circular No. 10/2023/TT-NHNN dated August 23, 2023 of the State Bank of Vietnam.

August 24, 2023

SBV requires to reduce the loan interest rate from 1.5% - 2% per year

SBV requires to reduce the loan interest rate from 1.5% - 2% per year

SBV requires to reduce the loan interest rate from 1.5% - 2% per year

This is the main content prescribed in the Official Dispatch No. 6385/NHNN-CSTT to the credit institutions and branches on the implementation of proceed with solutions to reduce loan interest rates in accordance with the Government’s directives.

August 24, 2023

Issue the List of 117 living things subject to plant quarantine

Issue the List of 117 living things subject to plant quarantine

Issue the List of 117 living things subject to plant quarantine

On August 15, 2023, the Ministry of Agriculture and Rural Development promulgates the list of living things subject to plant quarantine in Vietnam.

August 23, 2023

From August 15, 2023, increase the temporary stay period to 45 days for citizens of 13 countries

From August 15, 2023, increase the temporary stay period to 45 days for citizens of 13 countries

From August 15, 2023, increase the temporary stay period to 45 days for citizens of 13 countries

The Government issues Resolution No. 128/NQ-CP dated August 14, 2023, on amending Resolution No. 32/NQ-CP dated March 15, 2022, on visa exemption for citizens of some countries.

August 22, 2023

Vietnam visas for foreign citizens

Vietnam visas for foreign citizens

Vietnam visas for foreign citizens

Our family is planning a trip to Vietnam during the New Year festival. Could you tell us about the form and validity of Vietnam visas?

August 22, 2023

Nation determines to strongly develop digital infrastructure

Nation determines to strongly develop digital infrastructure

Nation determines to strongly develop digital infrastructure

Vietnam expects to be among top 50 countries in the Information and Communications Technology (ICT) Development Index by 2025 and top 30 in the Digital Infrastructure Development Index by 2030.

August 22, 2023

Master plan for development of social assistance facilities approved

Master plan for development of social assistance facilities approved

Master plan for development of social assistance facilities approved

By 2030, at least 90 percent of people with extremely difficult socio-economic conditions and without caregivers will be given consultation and assistance and managed by social assistance facilities, according to Decision 966/QD-TTg dated August 17.

August 21, 2023

Vietnam to grant e-visas to all foreign arrivals

Vietnam to grant e-visas to all foreign arrivals

Vietnam to grant e-visas to all foreign arrivals

From August 15, Vietnam will issue electronic visas (e-visas) to citizens of all countries and territories around the world.

August 21, 2023

Nation determines to strongly develop digital infrastructure

Nation determines to strongly develop digital infrastructure

Nation determines to strongly develop digital infrastructure

Vietnam expects to be among the top 50 countries in the Information and Communications Technology (ICT) Development Index by 2025 and top 30 in the Digital Infrastructure Development Index by 2030.

August 18, 2023

Procedures for recording of inter-country marriage in the civil status register

Procedures for recording of inter-country marriage in the civil status register

Procedures for recording of inter-country marriage in the civil status register

What are the order and procedures for recording of inter-country marriage in the civil status register?

August 14, 2023

Apply the measures against anti-dumping on cane sugar products

Apply the measures against anti-dumping on cane sugar products

Apply the measures against anti-dumping on cane sugar products

On August 03, 2023, the Ministry of Industry and Trade issues Decision No. 1989/QD-BCT on the outcomes of the first review of the imposition of anti-dumping and countervailing measures on cane sugar products imported from the Kingdom of Thailand.

August 11, 2023

National master plans on energy and minerals announced

National master plans on energy and minerals announced

National master plans on energy and minerals announced

The Ministry of Industry and Trade held a conference on August 9 in Hanoi to announce the national master plans in the fields of energy and minerals for the 2021-30 period, with a vision toward 2050.

August 10, 2023

New rules for better management of social media sites

New rules for better management of social media sites

New rules for better management of social media sites

All domestic and foreign social media sites providing cross-border services in Vietnam would be forced to require users to verify their mobile phone numbers upon registration of social media accounts.

August 07, 2023

Draft Law on Road Traffic Order and Safety gives priority to children and vulnerable persons

Draft Law on Road Traffic Order and Safety gives priority to children and vulnerable persons

Draft Law on Road Traffic Order and Safety gives priority to children and vulnerable persons

The Ministry of Public Security has unveiled the draft Law on Road Traffic Order and Safety, focusing on ensuring safety for life and health of road users, especially children and vulnerable persons.

August 07, 2023

More efforts needed to ensure national food security: PM

More efforts needed to ensure national food security: PM

More efforts needed to ensure national food security: PM

Ministers, heads of ministerial-level agencies, chairpersons of provincial-level People's Committees, the President of the Vietnam Food Association and rice exporters will have to take more drastic measures to ensure national food security and promote sustainable rice production and exports in the current period, according to Directive 24/CT-TTg of August 5.

August 07, 2023

Conditions on borrowing of foreign loans not eligible for government guarantee

Conditions on borrowing of foreign loans not eligible for government guarantee

Conditions on borrowing of foreign loans not eligible for government guarantee

This is the contents prescribed in Circular No. 08/2023/TT-NHNN dated June 30, 2023, of the State Bank of Vietnam.

August 04, 2023

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Investment policy
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New policies take effect on today (April 03, 2023)

New policies take effect on today (April 03, 2023)

Six new laws take effect on March 1

Six new laws take effect on March 1

Guidance on one-way money transfer abroad from Vietnam

Guidance on one-way money transfer abroad from Vietnam

How can foreigners register vehicles in Vietnam?

How can foreigners register vehicles in Vietnam?

The National Assembly Standing Committee approves the reduction of VAT of 8% from July 01, 2023

The National Assembly Standing Committee approves the reduction of VAT of 8% from July 01, 2023

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