Vietnamese
New technical regulations on expressways issued
Expressways must have at least four lanes with maximumspeed of 120km per hour as well as rest stops and emergency stopping lanes.
Procedures for grant of licenses for research into and collection of intangible cultural heritages
Procedures for grant of licenses for research into and collection of intangible cultural heritages
On March 15, 2024, the Government issues the Decree No. 31/2014/ND-CP on amending and supplementing a number of Articles of the Decree No. 01/2012/ND-CP, Decree No. 61/2016/ND-CP and Decree No. 36/2019/ND-CP.
Draft decree sets foreign ownership limit at apartment buildings
Draft decree sets foreign ownership limit at apartment buildings
The Ministry of Construction is gathering public opinions on a draft decree guiding the 2023 Housing Law, proposing imposition of a 30-percent cap on foreign ownership at apartment buildings.
Banks undergoing mass withdrawals might access to special loans
Banks undergoing mass withdrawals might access to special loans
The State Bank of Vietnam (SBV) would provide special loans to commercial banks, cooperative banks, people’s credit funds, and microfinance institutions that are facing mass withdrawals to help them improve their solvency, according to the latest draft of the circular on special loans.
Striving to reduce fatal occupational accidents at least 4% per year
Striving to reduce fatal occupational accidents at least 4% per year
On March 19, 2024, the Secretariat of CPV Central Committee on continuing to strengthen the Party's leadership for occupational safety and hygiene in new situations.
PM calls for exerted efforts to fight tuberculosis
PM calls for exerted efforts to fight tuberculosis
Prime Minister Pham Minh Chinh has urged ministries, sectors, central and local authorities to thoroughly implement the national tuberculosis prevention and control strategy.
Criteria for contractor selection under the Decree 24/2024
Criteria for contractor selection under the Decree 24/2024
On February 27, 2024, the Government issues the Decree No. 24/2024/ND-CP detailing a number of articles of and measures to implement the Law on Bidding regarding contractor selection.
Bids shall be opened publicly within 2 hours after the time of bid closing
Bids shall be opened publicly within 2 hours after the time of bid closing
On February 27, 2024, the Government issues Decree No. 23/2024/ND-CP Detailing several articles and measures for implementation of the Bidding Law regarding the selection of investors to implement projects falling into cases subject to organization of bidding by specialized laws.
New Decree on guiding the Bidding Law
New Decree on guiding the Bidding Law
On February 27, 2024, the Government issues the Decree No. 23/2027/ND-CP on guiding the Bidding Law 2023
Conditions for road motor vehicles brought into Vietnam
Conditions for road motor vehicles brought into Vietnam
This is the content prescribed in Decree No. 30/2023/ND-CP dated March 07, 2024, of the Government providing the management of road motor vehicles registered overseas and brought into Vietnam by foreigners for tourism purposes
Government leader requests urgent measures to stabilize gold market
Government leader requests urgent measures to stabilize gold market
Deputy Prime Minister Le Minh Khai has recently assigned the State Bank of Vietnam (SBV) to coordinate with relevant agencies in urgently carrying out close and comprehensive inspection and supervision of the gold market.
Vietnam completes policies to develop a competitive wholesale electricity market
Vietnam completes policies to develop a competitive wholesale electricity market
The Ministry of Industry and Trade is publicizing a draft circular providing the operation of the competitive wholesale electricity market on the website of the Electricity Regulatory Authority of Vietnam for public comments.
Vietnam completes policies to develop a competitive wholesale electricity market
Vietnam completes policies to develop a competitive wholesale electricity market
The Ministry of Industry and Trade is publicizing a draft circular providing the operation of the competitive wholesale electricity market on the website of the Electricity Regulatory Authority of Vietnam for public comments.
Amending foreign trade development measures
Amending foreign trade development measures
On February 07, 2024, the Government issues Decree No. 14/2024/ND-CP on amending and supplementing several articles of the Decree No. 28/2018/ND-CP of March 1, 2018, detailing several articles of the Law on Foreign Trade Management regarding foreign trade development measures.
Users without land-use rights certificates to be entitled to compensation upon land recovery by the State
Users without land-use rights certificates to be entitled to compensation upon land recovery by the State
Households and individuals that acquired residential land along with houses, independent houses and residential structures prior to July 1, 2014, but have yet to obtain certificates of land use rights or ownership of houses and other land-attached assets would be eligible for land compensation if they neither violate the land law nor fall into the case of ultra-vires allocation of land.
MOIC puts forth more regulations related to domain names “.vn”
MOIC puts forth more regulations related to domain names “.vn”
Organizations and individuals might request changing names of registrants of Vietnam’s national domain names “.vn” if finding that it is necessary to complete the process of donation or capital contribution for inheritance of the right to use the domain names.
New specific fire safety requirements proposed
New specific fire safety requirements proposed
The Ministry of Public Security is seeking public opinions on the draft Law on Fire Prevention and Fighting and Rescue that is scheduled to be effective from 2025.
SBV asked to keep interests low and financial access easier
SBV asked to keep interests low and financial access easier
Prime Minister Pham Minh Chinh has tasked the State Bank of Vietnam (SBV) with leading and coordinating governmental ministries and agencies to keep interest rates low and financial access easier for businesses
Cabinet sets out 17 national actions to combat money laundering
Cabinet sets out 17 national actions to combat money laundering
Deputy Prime Minister Le Minh Khai on February 23 signed Decision 194/QD-TTg, promulgating the national action plan to implement the Government’s commitment to prevent and combat money laundering, terrorist financing, and financing of the proliferation of weapons of mass destruction.
Standard for higher education institutions from March 22, 2024
Standard for higher education institutions from March 22, 2024
On February 05, 2024, the Minister of Education and Training hereby promulgates the Circular on promulgation of the Standards for higher education institutions.
Decree on value-added tax reduction in 2024
Decree on value-added tax reduction in 2024
The Government issued the Decree on providing the value-added tax reduction policy under the National Assembly’s Resolution No. 110/2023/QH15 dated November 29, 2023.
Visa exemption policy expanded to citizens from more countries
Visa exemption policy expanded to citizens from more countries
The Prime Minister has recently requested the Ministry of Public Security (MPS) to consider expanding the coverage of the visa exemption policy under Directive No. 06/CT-TTg.
MOT to raise ceiling airfares next month
MOT to raise ceiling airfares next month
From the beginning of March, the ceiling price for tickets on domestic flight routes will be increased, according to Circular 34 recently issued by the Ministry of Transport.
New policies related to road tolls
New policies related to road tolls
Effective from the beginning of February, Decree 90/2023/ND-CP provides regulations concerning the rates, collection, remittance, exemption, management, and use of road tolls.
Particular regulations related to teachers brought into law
Particular regulations related to teachers brought into law
From July 2025, teachers who fully meet professional criteria would be granted a professional certificate, according to a draft Law on Teachers proposed by the Ministry of Education and Training.
New strategy aims to expand social insurance coverage
New strategy aims to expand social insurance coverage
By 2030, Vietnam will have 60 percent of the working-age population covered by social insurance, in which farmers and the informal sector’s workers covered by voluntary social insurance will account for some 5 percent.
Government issues new regulations on land valuation
Government issues new regulations on land valuation
The Government on February 5 issued Decree 12/2024/ND-CP, specifying four land valuation methods instead of the current five, namely comparison method, income-based method, surplus-based method and land price adjustment coefficient method.
National Strategy for people’s health protection approved
National Strategy for people’s health protection approved
The Prime Minister has recently approved the National Strategy for protection, care and improvement of the people’s health through 2030, with a vision toward 2045, setting the target that all citizens will have access to quality healthcare services.
More stringent measures to ensure transparency of belief, religious activities
More stringent measures to ensure transparency of belief, religious activities
From March 30, fund raising activities of belief and religious establishments will be put under stricter control to ensure publicity and transparency, according to Decree 95 recently issued by the Government.
New guidelines for intellectual property protection introduced
New guidelines for intellectual property protection introduced
With 125 articles, Decree 65 dated August 23 introduces a series of guiding texts for the 2005 Law on Intellectual Property, which was revised in 2009, 2019 and most recently 2022.
Civil Defense Law available on Official Gazette
Civil Defense Law available on Official Gazette
The new Civil Defense Law, which will be effective on July 1, grants the Government the authority to direct civil defense activities nationwide.
Incentives proposed for development of pharmaceutical industry
Incentives proposed for development of pharmaceutical industry
The Ministry of Health has released a draft Law Amending the 2016 Law on Pharmacy, providing many attractive incentives for boosting the development of the pharmaceutical industry.
Tightened requirements for copying and taking photos of Vietnam’s currency
Tightened requirements for copying and taking photos of Vietnam’s currency
All copies and photos of the Vietnamese banknotes must not change their appearance, except for zoom-in and zoom–out images, or copying or taking 1:1 photos from different angles, and must ensure the integrity of portraits and the national emblem on the front side of banknotes.
Online trading of cosmetics to be placed under strict management
Online trading of cosmetics to be placed under strict management
The Ministry of Health is making a draft decree on management of cosmetics, proposing adding regulations on online trading of cosmetics and identification of origin of cosmetics serving tracking, inspection and verification for state management purposes.
Statistical database system to be synchronously developed from central to local levels
Statistical database system to be synchronously developed from central to local levels
By 2030, the National Statistical Database will reach an advanced level among the ASEAN countries and become a modern statistical system in the world by 2045.
New rule for better controlling medicine prices
New rule for better controlling medicine prices
The Government has recently issued Decree 88 to tighten the declaration and re-declaration of medicine prices by pharmaceutical traders.
Ministry tightens requirements for foreigners teaching English in Vietnam
Ministry tightens requirements for foreigners teaching English in Vietnam
A training program will be provided to foreigners teaching English language at foreign language and information technology centers in Vietnam, under Decision 4159/QD-BGDDT issued by the Ministry of Education and Training on December 6.
More 02 countries are applicable with Special Preferential Import Tariffs
More 02 countries are applicable with Special Preferential Import Tariffs
On December 01, 2023, the Government issues Decree No. 84/2023/ND-CP on amending and supplementing several articles of the Government’s Decree No. 129/2022/ND-CP dated December 30, 2022, on Vietnam’s Special Preferential Import Tariffs to implement the Regional Comprehensive Economic Partnership for the 2022-2027 period.
A working shift in offshore petroleum exploration lasts 12 hours/day at most
A working shift in offshore petroleum exploration lasts 12 hours/day at most
On November 08, 2023, the Ministry of Industry and Trade issues the Circular No. 20/2023/TT-BCT on prescribing working time and rest time for workers doing jobs of special characteristics in the field of offshore petroleum exploration and exploitation.
Government amends the regulations on the payment of fees and charges
Government amends the regulations on the payment of fees and charges
On November 28, 2023, the Government issued Decree No. 82/2023/ND-CP on amending and supplementing several articles of the Government’s Decree No. 120/2016/ND-CP dated August 23, 2016, detailing and guiding the implementation of several articles of the Law on charges.
New policy to get the best of overseas Vietnamese contributions to the nation
New policy to get the best of overseas Vietnamese contributions to the nation
Overseas Vietnamese are expected to contribute more and more to the national development and always regarded as an extremely important resources as the nation is striving to accelerate its industrialization and modernization process for the goal of becoming a developed country with fairly high income by 2045.
NA resolution sets a target of 6-6.5 percent GDP growth in 2024
NA resolution sets a target of 6-6.5 percent GDP growth in 2024
NA Chairman Vuong Dinh Hue on November 24 signed a decision to issue Resolution 103/2023/QH15, targeting that Vietnam will have 6-6.5 percent growth in gross domestic product (GDP) and USD 4,700-4,730 in per capita income in 2024.
MOF expects to improve stock market transparency
MOF expects to improve stock market transparency
The Ministry of Finance has recently issued Circular 69, amending and supplementing several articles of Circular 57 of 2021, providing the roadmap of restructuring the stock trading market, bond trading market, derivatives trading market, and trading market for other types of securities.
New Law on Price
New Law on Price
The 2023 Law on Price will take effect on July 1 next year and supersede its 2012 predecessor with revisions made in 2014, 2020 and 2022.
Draft Law on Extradition to enhance transnational collaboration in criminal arrest
Draft Law on Extradition to enhance transnational collaboration in criminal arrest
The Ministry of Public Security has recently released a draft Law on Extradition, proposing the application of urgent arrest of criminals for extradition upon requests of foreign countries, adding cases of refusal of extradition to foreign countries and providing commitments to refraining from imposing the capital punishment on persons extradited to or from Vietnam.
Bio-tech development and application intensified
Bio-tech development and application intensified
The Government on November 16 set out several tasks on bio-tech development and application for ministers, heads of government agencies, and People’s Committee chairpersons of centrally run localities.
