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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

Users without land-use rights certificates to be entitled to compensation upon land recovery by the State

MOIC puts forth more regulations related to domain names “.vn”

New specific fire safety requirements proposed

SBV asked to keep interests low and financial access easier

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

March 11, 2024

Cabinet sets out 17 national actions to combat money laundering

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.

February 26, 2024

Standard for higher education institutions from March 22, 2024

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.

February 26, 2024

Decree on value-added tax reduction in 2024

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.

February 26, 2024

Visa exemption policy expanded to citizens from more countries

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.

February 20, 2024

MOT to raise ceiling airfares next month

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.

February 19, 2024

New policies related to road tolls

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.

February 19, 2024

Particular regulations related to teachers brought into law

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.

February 16, 2024

New strategy aims to expand social insurance coverage

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.

February 16, 2024

Government issues new regulations on land valuation

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.

February 16, 2024

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

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

Guidance on one-way money transfer abroad from Vietnam

Guidance on one-way money transfer abroad from Vietnam

Six new laws take effect on March 1

Six new laws take effect on March 1

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

How can foreigners register vehicles in Vietnam?

How can foreigners register vehicles in Vietnam?

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