The Ministry of Finance has released a draft decree on the delineation of powers in the finance sector under the new two-tier local administration model, marking a critical step in Vietnam’s ongoing administrative reform.
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
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.
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.
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
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.
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.
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.
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.