According to Government Decree 151 issued in 2024, detailing a number of articles of, and measures to implement, the Law on Road Traffic Order and Safety, foreign visitors may drive their motor vehicles into Vietnam but must comply with specific requirements.
Prime Minister Pham Minh Chinh on February 4 directed ministries, agencies, local authorities, organizations, and individuals to immediately resume work after the Lunar New Year (Tet) holiday.
The Government has recently decided to extend a reduction in value-added tax (VAT) for the next six months, starting from January 1 this year.
From January 1 this year, vehicle inspection centers can be established at bus stations and rest stops, according to Government Decree 166/2024/ND-CP dated December 26, on business conditions for the operation and establishment of vehicle inspection centers.
Patients diagnosed to suffer certain rare diseases, serious diseases, or diseases requiring surgery or advanced technology application may have examination and treatment costs wholly covered by the health insurance fund at the law-specified benefit levels without having to go through hospital referral as under current regulations.
The National Assembly on November 21, 2024, passed the Law revising a number of articles of the 2016 Pharmacy Law, which is expected to create a legal corridor for the development of new pharmaceutical business methods.
As of July 1, agencies, organizations and individuals will be free to transfer data from abroad to Vietnam, process foreign data in Vietnam, and have their lawful rights and interests protected by the State, according to the 2024 Data Law.
The Geology and Mineral Law, which was passed on November 29, 2024, and will come into force on July 1 this year, is expected to help create a consistent and unified legal framework for the management and exploitation of geological resources and minerals.
The Deputy Prime Minister on January 23 signed Decision 222/QD-TTg, promulgating the national action plan for putting circular economy into practice until 2035.
Prime Minister Pham Minh Chinh on December 12 issued Official Dispatch 132/CD-TTg, requiring ministries, sectors and localities to take critical measures to better ensure traffic order and safety.
From January 1, 2025, foreign tourists can bring a variety of motor vehicles into Vietnam, including passenger cars, whether right-hand or left-hand drive, capable of carrying up to eight passengers (excluding the driver), mobile home vehicles, and two-wheeled motorcycles.
Prime Minister Pham Minh Chinh on December 10 urged relevant agencies to address obstacles hindering the progress of social housing projects, aiming to enhance the effectiveness of social housing development and meet the growing demands of people.
Vietnam will establish and expand 27 marine protected areas covering over 442,230 hectares in order to raise the total area of marine protected zones to almost 0.5 percent of the country's natural marine area by 2030.
Prime Minister Pham Minh Chinh has requested the central bank to proactively, flexibly, promptly and effectively manage the monetary policy together with the expansionary fiscal policy and others.
National Assembly Chairman Tran Thanh Man has recently issued Resolution No. 172/2024/QH15, on the investment policy for the North-South high-speed rail project, which is expected to meet transport needs and create motives for rapid and sustainable socio-economic development
Prime Minister Pham Minh Chinh has called for the development and diversification of traditional medicine services and products, enhancing the quality of traditional medicine services linked to healthcare and tourism.
Prime Minister Pham Minh Chinh has assigned tasks and solutions to ministries, sectors and localities to implement the national green growth strategy for the 2021 - 2030 period with a vision to 2050 towards the ultimate goal of carbon neutrality.
This is the content prescribed in Circular No. 50/2024/TT-NHNN on ensuring security and confidentiality in the provision of online banking services.
On October 15, 2024, the Government issues the Decree No. 132/2024/ND-CP on prescribing offshore investment in oil and gas activities.
On October 25, 2024, the State Bank of Vietnam issues the Circular No. 49/2024/TT-NHNN on amending and supplementing a number of articles of Circular No. 11/2022/TT-NHNN dated September 30, 2022, of the Governor of the State Bank of Vietnam, on bank guarantee
As per Article 4.2 of the State Bank of Vietnam’s Circular 48/2018/TT-NHNN (Circular 48), on savings deposits, Vietnamese citizens may make Vietnam-dong savings deposits, while Vietnamese residents are entitled to open foreign-currency savings accounts.
The Government leader has recently approved the roadmap for application of emission standards for imported and domestically manufactured and assembled motor vehicles, which will start from early next year.
The Premier on November 27 signed Official Telegraph 122/CD-TTg, requesting the Governor of the State Bank of Vietnam (SBV) to outline solutions aimed at improving credit management for 2024 in the face of evolving global economic challenges.
On November 15, 2024, the Government issues the Decree No. 152/2024/ND-CP on amending and supplementing a number of articles of Decree No. 62/2015/ND-CP dated July 18, 2015, on detailing and guiding the implementation of a number of articles of the Law on Enforcement of Civil Judgments.
This is the important content specified in the Law on the Capital 2024, one of Laws which are passed on June 29, 2024 by the National Assembly.
This content is specified in Decree No. 137/2024/ND-CP of the Government on defining e-transactions of state agencies and information systems serving e-transactions.
Prime Minister Pham Minh Chinh has asked ministers and provincial leaders to take proactive measures to mitigate the impact of prolonged heavy rains and flooding in the central region.
Prime Minister Pham Minh Chinh has instructed related ministries and localities to tighten state management of e-commerce.
The Ministry of Construction has recently released the draft Law on Water Supply and Drainage so as to develop the country’s water supply and drainage systems and contribute to mitigating waterlogging in urban areas.
Prime Minister Pham Minh Chinh has ordered ministries, sectors and localities to speed up the eradication of the temporary and dilapidated houses nationwide.
From December 25, social media platforms providing Internet services and cross-border information in Vietnam will have to implement stricter user authentication processes, through phone numbers and personal identification numbers.
Decision No. 2411/QD-NHNN on providing the maximum interest rates applicable to Vietnam-dong deposits of organizations and individuals at credit institutions and foreign bank branches in accordance with Circular No. 48/2024/TT-NHNN
The Government has recently adopted several mechanisms and policies to promote the development of solar power systems installed on roofs of people’s houses, public offices, industrial parks, cottage industry zones, export processing zones, hi-tech parks, economic zones, and production and trade facilities, provided they are legally built.
From January 5 next year, the newly established Department of Anti-Money Laundering will operate under the State Bank of Vietnam (SBV).
By 2030, Vietnam will become a regional leader in blockchain technology application, have an international ranking in research, application and exploitation of blockchain technology.
This content is prescribed in the government's Decree No. 119/2024/ND-CP defining electronic payment for road traffic activities.
In order to help promote production and business activities, the Ministry of Finance has proposed reducing the payable land rental amounts of 2024 for organizations, enterprises, households and individuals that are leased land directly by the State with annual land rental payment.
Foreign employees who are citizens of foreign countries and currently working in Vietnam under labor contracts with a term of at least 12 months would have the right to join Vietnamese trade unions and engage in trade unions activities at the grassroots level.
The Ministry of Education and Training amends and supplements a number of dossiers order for, and results of, recognition of diplomas granted by foreign education institutions for use in Vietnam in the Circular No. 07/2024/TT-BGDDT which takes effect on November 02, 2024.
The State Bank of Vietnam issues a number of Circulars providing the application of interest rates applicable to Vietnam-dong deposits of organizations and individuals at credit institutions and foreign bank branches
The Government on October 15 issued Decree 132/2024/ND-CP, adopting new policies toward employees participating in the implementation of overseas oil and gas projects.
Taking effect on November 15, 2024, the Circular No. 06/2024/TT-BKHCN of the Ministry of Science and Technology supplements the case for the act of false indication of legal status in industrial property
On October 21, 2024, the Government issues Decree No. 133/2024/ND-CP on amending and supplementing a number of articles and appendices of the Government’s Decree No. 58/2021/ND-CP dated June 10, 2021, on the provision of credit information services.
Circular No. 68/2024/TT-BTC on amending and supplementing a number of articles of Circulars prescribing securities transactions in the securities trading system; clearing and payment of securities transactions; operation of securities companies and information disclosure on the securities market shall take effect on November 02, 2024.
On October 21, 2024, the Ministry of Finance issues the Circular No. 73/2024/TT-BTC on prescribing the rates of, exemption from, collection and payment of, the fee for renewal or re-issuance of identity cards.
This fine is prescribed in the Decree No. 123/2024/ND-CP of the Government on providing for the sanctioning of administrative violations.
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