New legal documents in second half of April 2023

07:00 | 10/05/2023 Policy Follow Ven.vn on

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.

GOVERNMENT

1. Prime Ministerial Decision 458/QD-TTg dated April 28, 2023, approving the public debt borrowing and paying plan for 2023 and the public debt management program for three years (2023-2025).

2. Government Office Official Dispatch 2974/VPCP-KGVX dated April 27, 2023, increasing COVID-19 prevention measures.

3. Prime Ministerial Decision 436/QD-TTg dated April 25, 2023, approving the plan to implement the Vietnam-Republic of Korea Agreement on Social Insurance.

4. Prime Ministerial Decision 426/QD-TTg dated April 21, 2023, regarding implementation of Politburo Instruction 17-CT/TW on tightening measures to ensure food security and safety in the new situation.

5. Government Resolution 58/NQ-CP dated April 21, 2023, regarding the policy and major measures to support quick recovery and sustainable development of businesses until 2025.

6. Prime Ministerial Official Note 271/CD-TTg dated April 18, 2023, regarding the development of the Long Thanh International Airport project.

7. Prime Ministerial Official Note 265/CD-TTg dated April 17, 2023, regarding measures to untie difficulties to promote production and sale of agricultural products; the implementation of three national target programs; and the fight against illegal, unreported and unregulated (IUU) fishing.

8. Prime Ministerial Decision 396/QD-TTg dated April 17, 2023, approving the plan, policy, measures and resources for implementation of the railway network planning for the 2021-2030 period with a vision to 2050.

9. Government Decree 13/2023/ND-CP dated April 17, 2023, regarding personal data protection.

MINISTRY OF INDUSTRY AND TRADE

1. Decision 940/QD-BCT dated April 18, 2023, approving the task “Providing high-frequency information, assessing import-export activities, markets, major and potential products” in the 2024-2026 period.

2. Decision 941/QD-BCT dated April 18, 2023, approving the task “Providing market information and forecasts catering for price stabilization and inflation control” in the 2024-2026 period.

3. Decision 947/QD-BCT dated April 18, 2023, approving the annual implementation plan (from October 2022 to September 2023) for the Vietnam Low Emission Energy Program II (V-LEEP II).

MINISTRY OF FINANCE

1. Decision 808/QD-BTC dated April 17, 2023, approving the action plan to implement the strategy to develop the Vietnamese insurance market until 2030.

MINISTRY OF TRANSPORT

1. Decision 506/QD-BGTVT dated April 27, 2023, publicizing the list of Vietnam’s inland container depots.

STATE BANK OF VIETNAM

1. Circular 02/2023/TT-NHNN dated April 23, 2023 providing instructions for credit institutions and foreign bank branches on debt rescheduling and retention of debt category to assist borrowers in difficulties.

GENERAL DEPARTMENT OF TAXATION

1. Official Dispatch 1492/TCT-KK dated April 25, 2023, regarding value added tax reimbursements for export goods and services.

2. Official Dispatch 1489/TCT-QLN dated April 24, 2023, regarding measures to reclaim and settle tax debts.

VEN

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MoF collects data serving reduction of 35 kinds of fees, charges

07:00 | 07/05/2023 Policy

The Ministry of Finance (MoF) has sent a document to ministries, ministerial-level agencies and Government agencies asking for their coordination in the drafting of a circular on reducing fees and charges to ease difficulties for people and businesses.

Government proposes National Assembly consider 2% reduction in VAT in coming agenda

14:47 | 04/05/2023 Policy

The Government has proposed the National Assembly (NA) to consider a 2% reduction in the value-added tax (VAT) on goods and services subject to a 10% VAT during its coming meeting stated to start on May 22.

Credit institutions allowed to reschedule repayment terms

07:00 | 01/05/2023 Policy

Credit institutions and foreign bank branches are now allowed to restructure the repayment terms to support clients struggling with production and business expenses.

Viet Nam commits to protect legitimate interests of investors

10:07 | 28/04/2023 Policy

Viet Nam commits to creating favorable conditions for and protecting legitimate interests of investors in accordance with legislation and international agreements to which the country is a signatory, stated President Vo Van Thuong.

New legal documents in first half of April 2023

07:00 | 25/04/2023 Policy

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.

Government prohibits sales of personal data

07:00 | 22/04/2023 Policy

The Government has decreed that sales of personal data shall be prohibited, according to newly-issued Decree 13/2023/ND-CP dated April 17.

Government agrees with MoF’s proposal on 2% VAT reduction for 2023

07:00 | 20/04/2023 Policy

The Government has agreed with the Ministry of Finance (MoF)’s proposal on a plan to reduce taxes, fees and charges for 2023, which suggested a 2% reduction in the value added tax (VAT) on goods and services subject to a 10% VAT.

Gov’t extends deadlines for tax and land rent payments

13:00 | 18/04/2023 Policy

The Government issued Decree No. 12/2023/ND-CP dated April 14, 2023 on time extension for payment of value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and land rent in 2023.

Localities asked to speed up transport projects

09:47 | 18/04/2023 Policy

The Ministry of Transport has called on localities to speed up the construction of transport projects as many are reportedly lagging behind schedule.

MoF proposes VAT reduction to 8% to boost economy

07:00 | 12/04/2023 Policy

The Ministry of Finance has recently put forward a proposal to the government to bring down value-added tax (VAT) from 10 per cent to 8 per cent for a number of goods and services to boost the economy.

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Amway Vietnam honored Top Industry 4.0 Vietnam - I4.0 Awards

09:41 | 01/06/2023 Companies

Amway Vietnam – a global brand in the field of health and beauty care was honored to receive the Top Industry 4.0 Vietnam - I4.0 Awards in the Science, Technology and Innovation Enterprise category.

Vietnamese firms participate in biggest food exhibition in RoK

09:09 | 01/06/2023 News and Events

More than 30 Vietnamese businesses are showcasing their products at a food exhibition in the Republic of Korea (RoK), which opened on May 30.

Favourable visa policy urged to draw foreign tourists to Việt Nam

06:00 | 01/06/2023 Tourism

Last year, Việt Nam welcomed more than 3.66 million foreign visitors or 73 per cent of the target.

Ample room remains for Vietnamese exports to Africa

06:00 | 01/06/2023 Foreign trade

There remains an ample room for Vietnamese exports to Africa, as the country accounts for only 0.6 per cent of the continent's total import of US$600 billion per year, according to the Ministry of Industry and Trade, given opportunities brought about by the African Continental Free Trade Area (AfCFTA) agreement.

FDI enterprises urge investment environment improvement

06:00 | 01/06/2023 FDI

(VEN) - At an April-22 in-person meeting between Prime Minister Pham Minh Chinh and foreign investors, business and association representatives suggested that Vietnam further improve its investment environment.

Central bank eases credit crunch, boosts growth

06:00 | 22/05/2023 Finance-Banking

(VEN) - The banking sector has adopted a series of mechanisms and policies in recent months to help businesses and customers restructure debt repayment and shore up the local bond market.

Hanoi accelerates public investment disbursement

14:00 | 18/05/2023 Investment

(VEN) - Hanoi has 238 ongoing public investment projects, with key works of the 2021-2025 period maintaining their set schedules.

Vietnam’s R&D thrives

06:00 | 18/05/2023 Science - Technology

(VEN) - The successful application of scientific research results in the field of mechanical manufacturing has affirmed the capacity and role of science and technology (S&T) organizations in integration and development.

Vegetable, fruit exports: A sweet and sour challenge

06:00 | 20/05/2023 Vietnam and EU

(VEN) - Increasing world demand and the advantages of Vietnamese fruits and vegetables create vast potential for exports. However, stringent requirements of international market, especially regarding origin traceability and food safety, are confronting growers and exporters with majorThe 50th biggest fruit and vegetable exporter to the EU challenges.

New difficulties for textile, garment exports to Canada

06:00 | 21/05/2023 Vietnam and other regions

(VEN) - Canada will eliminate all remaining import duties on Vietnamese textile and garment products this year in accordance with the Pacific Rim trade deal, but the benefits could be offset by other challenges.

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favourable visa policy urged to draw foreign tourists to viet nam

Favourable visa policy urged to draw foreign tourists to Việt Nam

06:00 | 01/06/2023 Tourism

Last year, Việt Nam welcomed more than 3.66 million foreign visitors or 73 per cent of the target.

viet nam received 46 million foreign visitors in first five months over half the years target

Việt Nam received 4.6 million foreign visitors in first five months, over half the year’s target

14:38 | 30/05/2023 Tourism

Việt Nam sets sight on eight million foreign tourists this year, but the target was made before China officially announced its reopening in early February and reallowed sending group tours to Việt Nam in mid-March.

International festival provides platform to young musicians

06:00 | 30/05/2023 Lifestyle

Monsoon' festival, one of the most anticipated music events in Việt Nam, will be held in Hà Nội from October 14 to 22. The festival founder and director, Quốc Trung, discusses the festival's return after a three-year hiatus.

bat trang ancient pottery exhibited at viet nam national museum of history

Bát Tràng ancient pottery exhibited at Việt Nam National Museum of History

06:00 | 28/05/2023 Lifestyle

A unique collection of Bát Tràng pottery artefacts dating from the 14th to the 20th century are being introduced to the public at the Việt Nam National Museum of History.

Domestic audiences experience European cinema at film festival

09:05 | 26/05/2023 Lifestyle

They include multiple award-winning entries set across a range of spatial-temporal contexts.

Policy

Deputy PM urges acceleration of electricity licensing for finished wind, solar power projects

10:06 | 25/05/2023 Policy

Specific mechanisms, policies needed to drive HCM City’s growth

06:02 | 20/05/2023 Policy

PM approves National Power Development Plan VIII

14:20 | 17/05/2023 Policy

Prime Minister Phạm Minh Chính has approved the National Power Development Plan VIII, which guides the development of power plants and power grids between 2021 and 2030.

Chip-based passports can be provided online, sent via post

07:00 | 13/05/2023 Policy

The Government’s National Public Service Portal has by now integrated services to facilitate people in issuing new and exchanging chip-based passports, and receiving them via post.

Industry & Trade

Việt Nam has major opportunities to engage in global Halal industry Deputy minister

06:00 | 31/05/2023 Industry

Deputy Minister of Foreign Affairs Phạm Quang Hiệu speaks to the media about strengthening international cooperation to develop the Halal industry in Việt Nam.

Cut on automobile registration fees to facilitate auto industry

14:33 | 30/05/2023 Industry

The Ministry of Industry and Trade supporting the reduction of automobile registration fees is considered a positive effect to the auto industry in the context of the automobile market facing many difficulties.

Suitable solutions needed for each sector

06:00 | 30/05/2023 Industry

(VEN) - Most industrial production sectors are facing difficulties; therefore, experts say, suitable solutions for different sectors are needed in order to solve the problems.

Fertiliser businesses see profit drop on ailing selling prices and rising costs

15:27 | 26/05/2023 Industry

Falling selling prices and rising costs have caused the profits of most fertiliser businesses to plunge, after recording high profits in the previous few years.

Investment

FDI enterprises urge investment environment improvement

06:00 | 01/06/2023 FDI

Vietnam's five-month FDI rises sharply nationwide

13:03 | 29/05/2023 FDI

The total inflows of foreign investment in Vietnam this year to May 20, including new and added investment and contributions for share purchases by foreign investors, reached nearly 10.86 billion USD, down 7.3% year-on-year, but up 10.6 percentage points as compared with the figure in the first four months of this year, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment reported.

Binh Phuoc’s potential introduced to Australian partners

10:13 | 26/05/2023 Investment

A seminar was held in Sydney on May 24 to introduce and popularise new investment opportunities in Binh Phuoc, a southern Vietnamese province of great potential, on the occasion of the 50th anniversary of Vietnam-Australia diplomatic ties.

Da Nang calls for investment in 10 logistics centre projects

14:57 | 23/05/2023 Investment

The People's Committee of central Da Nang City has announced a list of logistics projects calling for investment in the period until 2030.

Finance-Banking

Dozens of commercial banks cut savings interest rates

09:31 | 30/05/2023 Finance-Banking

Dozens of commercial banks have simultaneously decided to reduce deposit interest rates from May 25, after the State Bank's decision to cut policy interest rates.

Central bank continues to reduce policy interest rates

06:12 | 27/05/2023 Finance-Banking

The State Bank of Vietnam (SBV) has announced two decisions to further reduce policy interest rates, which will become effective from May 25, 2023.

Nearly 2.3 billion USD in state capital saved in 2022: Gov't report

06:09 | 25/05/2023 Finance-Banking

Almost 53.9 trillion VND (2.29 billion USD) in state capital was saved in 2022 as reported by ministries, sectors, and localities, according to the Government.

Central bank eases credit crunch, boosts growth

06:00 | 22/05/2023 Finance-Banking

(VEN) - The banking sector has adopted a series of mechanisms and policies in recent months to help businesses and customers restructure debt repayment and shore up the local bond market.

Environment

PM urges stronger wildfire prevention measures amid strong heatwaves

06:00 | 28/05/2023 Environment

Prime Minister Phạm Minh Chính has urged stepping up wildfire prevention measures as heatwaves are scorching many localities nationwide, increasing the risk of wildfires.

Vietnam targets development of green, plastic waste-free tourism

06:00 | 28/05/2023 Environment

Vietnam is considered one of the largest contributors to marine plastic pollution globally, with the volume of plastic waste discharged into the sea ranging from 0.28 to 0.73 million tonnes a year, of which a big part comes from tourism activities.

Đồng Nai afforestation programme kicks off

06:00 | 27/05/2023 Environment

NGO Gaia Nature Conservation Center on Monday kicked off its annual afforestation programme at the Đồng Nai Culture and Nature Reserve to mark International Day for Biological Diversity.

New task force promotes innovation and financing for plastic waste reduction

14:30 | 26/05/2023 Environment

The Việt Nam National Plastic Action Partnership (NPAP) has launched a new task force to promote innovation and catalyse investment in effective solutions for reducing plastic waste and pollution in Việt Nam.

Science - Technology

Over 77,000 computers in Vietnam suffer data encryption in 7 months Bkav

16:29 | 30/05/2023 Science - Technology

More than 77,000 computers in Vietnam have suffered data encryption since December 2022, according to Bkav – a leading Vietnamese technology corporation that specialises in cyber security and software.

Hanoi hosts Vietnam - Asia DX Summit 2023

16:15 | 26/05/2023 Science - Technology

Deputy Prime Minister Tran Hong Ha chaired the opening session of the Vietnam - Asia DX Summit 2023 themed “Driving economic growth enabled by digital data mining and smart connectivity” in Hanoi on May 24.

Hanoi Transerco applies technology to improve public bus services

16:06 | 26/05/2023 Science - Technology

The application of technologies in managing and operation activities has been among prioritised solutions that the Hanoi Transportation Corporation (Transerco) has rolled out to improve the quality of its public bus services over the past years.

Hanoi aims to be national hub of technology transfer, development

15:59 | 26/05/2023 Science - Technology

Hanoi stands ready to coordinate with the Ministry of Science and Technology to pilot policies on innovation and science and technology development, thus turning the capital city into a hub of science, technology and innovation in the country, Vice Secretary of the municipal Party Committee Nguyen Van Phong has stated.

Society

New Zealand provides 40 full micro-credentials scholarships for Vietnamese learners

16:23 | 26/05/2023 Society

Following the success of the Micro-credentials Scholarship program in 2022, Education New Zealand (ENZ) announced 40 full scholarships exclusively for Vietnamese learners in 2023, with a total value of more than half a billion dong.

Mong Cai city imports electricity from China’s Dongxing

10:37 | 25/05/2023 Energy

The Mong Cai (Vietnam) - Dongxing (China) 110kV transmission line was completed and put into operation at 6 am on May 22, adding power supply to Mong Cai city in the northeastern province of Quang Ninh, according to the Mong Cai City Electricity.

Seminar discusses orientations for rapid and sustainable national development

07:15 | 22/05/2023 Society

Participants at a seminar in Hanoi on May 16 discussed three pillars of the nation’s rapid and sustainable development.

M&A to pick up in property market

07:00 | 19/05/2023 Property

HÀ NỘI — Domestic property developers are looking to sell assets and shares to deal with debts, restructure, maintain cash flow and keep operations going, according to industry experts.

Vietnamese Brands

• Tripadvisor highlights the sole hotel in Da Nang in the prestigious Travelers' Choice Best of the Best award

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Millions of travelers from around the world have voted Premier Village Danang Resort - a masterpiece by Sun Group on the shores of the East Sea - as one of the top 10 family-friendly hotels in Asia 2023 on Tripadvisor.

Pfizer Vietnam, VNVC sign MoU to protect public health

09:00 | 26/05/2023 Vietnamese Brands

Pfizer (Vietnam) Limited Company and Vietnam Vaccine Joint Stock Company (VNVC) on Wednesday (May 24) signed a memorandum of understanding (MoU) to partner on protecting public health by increasing the rate of proactive prevention of dangerous infections in the period of 2023-25.

Vietjet offers 50% discount on SkyBoss Business tickets

New legal documents in second half of April 2023

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