New legal documents in second half of February 2023

07:00 | 12/03/2023 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 165/QD-TTg dated February 28, 2023, approving the industry and trade sector’s restructuring project until 2030.

2. Government Resolution 26/NQ-CP dated February 27, 2023, regarding the action plan to implement Politburo Resolution 19-NQ/TW on agriculture, farmers and rural development until 2030, with a vision to 2045.

3. Prime Ministerial Official Note 72/CD-TTg dated February 25, 2023, regarding measures to ensure sufficient drugs and medical equipment for diagnosis and treatment of diseases.

4. Prime Ministerial Decision 148/QD-TTg dated February 24, 2023, regarding the criteria and process of rating One Commune One Product (OCOP) products.

5. Prime Ministerial Instruction 06/CT-TTg dated February 24, 2023, enhancing the capacity for ensuring aviation security and safety in the new situation.

6. Prime Ministerial Decision 149/QD-TTg dated February 24, 2023, establishing the National Council for Biodiversity Conservation Planning Assessment in the 2021-2030 period, with a vision to 2050.

7. Prime Ministerial Official Note 71/CD-TTg dated February 23, 2023, resolving difficulties facing the implementation of national target programs for the 2021-2025 period.

8. Prime Ministerial Decision 146/QD-TTg dated Fenruary 23, 2023, regarding the national action plan to deal with waste disposal incidents in the 2023-2030 period.

9. Government Resolution 21/NQ-CP dated February 20, 2023, regarding the action plan for the 2022-2026 period to implement Politburo Instruction 15-CT/TW on economic diplomacy to serve Vietnam’s development until 2030.

10. Government Office Official Dispatch 962/VPCP-KTTH dated February 17, 2023, regarding implementation of the Vietnam National Brands 2022 program.

Ministry of Industry and Trade

1. Official Dispatch 856/BCT-TKNL dated February 22, 2023, regarding coordination in organizing activities in response to the Earth Hour 2023 campaign.

2. Circular 04/2023/TT-BCT dated February 20, 2023, regulating the application of import tariff quotas for tobacco and poultry eggs originating from member countries of the Euroasian Economic Union in the 2023-2027 period.

Ministry of Transport

1. Official Dispatch 1529/BGTVT-KHDT dated February 20, 2023, expediting electronic toll collection at airports.

Ministry of Culture, Sports and Tourism

1. Decision 339/QD-BVHTTDL dated February 21, 2023, regarding the organizing of the Polish Film Week in Vietnam.

Hanoi Tax Department

1. Official Dispatch 8204/CTHN-TTHT dated February 28, 2023, regarding the personal income tax policy applied to foreigners.

2. Official Dispatch 7462/CTHN-TTHT dated February 23, 2023, regarding the value added tax for on-spot imports and exports.

3. Official Dispatch 6667/CTHN-TTHT dated February 20, 2023, regarding corporate income tax preferences for support industry product manufacturing projects.

VEN

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Industry & trade restructuring project approved

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(VEN) - Deputy Prime Minister Tran Hong Ha recently signed Decision 165/QD-TTg approving the industry and trade sector’s restructuring project until 2030.

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Head of the Party Central Committee’s Commission for External Relations Lê Hoài Trung held online talks with his Cuban counterpart Emilio Lozada Garcia late February 28.

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Prime Minister Pham Minh Chinh has signed Decision No. 64/QD-TTg dated February 8, 2023, promulgating the regulations on coordination among ministries, ministerial-level agencies, and governmental agencies in prevention and control of money laundering and terrorist financing.

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Minister Diên and US Trade Representative discuss strengthening Comprehensive Partnership

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PM urges focus on investment, export and consumption

06:00 | 10/02/2023 Policy

(VEN) - Industrial production recovered across the board throughout Vietnam last year, with processing and manufacturing growing at a rate of 8.1 percent, according to a report presented at a recent conference organized by the Ministry of Industry and Trade (MoIT) and attended by Prime Minister Pham Minh Chinh.

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Central bank to cut refinance rate in next quarter: UOB

06:12 | 02/04/2023 Finance-Banking

The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.

Intellectuals form important force for social development: Party leader

06:00 | 02/04/2023 Science - Technology

The Vietnam Union of Science and Technology Associations (VUSTA) held a ceremony on March 24 in the presence of Party General Secretary Nguyen Phu Trong to mark 60 years since then President Ho Chi Minh had a meeting with intellectuals (May 18, 1963) and its 40th founding anniversary (March 26, 1983-2023).

Thai Nguyen wants to be everyone’s cup of tea

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(VEN) - The leading tea growing province of Thai Nguyen is trying to expand its export markets with safe and organic growing, brand development and protection and enhanced management.

Investment surges in Bac Ninh Province

13:00 | 01/04/2023 FDI

(VEN) - In February 2023, foreign direct investment (FDI) in Bac Ninh Province continued to soar, almost doubling the number of projects and tripling the registered capital. Various business promotion plans are expected to help the small province just east of Hanoi achieve breakthrough investment attraction throughout the year.

Vietnam wins 17 prizes at International Robothon 2023

06:00 | 01/04/2023 Science - Technology

The Vietnamese team won 17 prizes at the International Robothon 2023 held in Kuala Lumpur, Malaysia, on March 26.

Uncorking bottlenecks for support industry development

06:00 | 18/03/2023 Industry

(VEN) - Vietnam is mulling legislation to boost the low localization rate of its industrial production and means to modernize its support industries and increase their participation in the local and foreign value chain.

Vietnam adopts high integration standards

06:00 | 25/03/2023 Companies

(VEN) - Given Vietnam’s increased integration into the global marketplace, domestic producers are being urged to meet standards beyond those expected of high-quality Vietnamese products.

Vietnam seeks response to corporate tax overhaul

06:00 | 20/03/2023 Finance-Banking

(VEN) - All European Union states and many other countries will introduce a global minimum tax (GMT) of 15 percent on large corporations by the start of 2024, and Vietnam is being urged to devise appropriate policies and adapt to the new taxation.

Understanding UK trade remedies

06:00 | 17/03/2023 Vietnam and other regions

(VEN) - The UK-Vietnam Free Trade Agreement (UKVFTA), which entered into force on 1 January 2021, has become a two-way highway promoting bilateral trade. However, increasing protectionism trends make it important for Vietnam and its business sector to understand UK regulations on trade remedies and dispute settlement.

Vietnam amends intellectual property law

06:00 | 24/03/2023 Vietnam and other regions

(VEN) - Vietnam’s newly amended Intellectual Property Law has gone into force, bringing the country in line with international best practices.

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Hà Nội seeks support from World Heritage Centre in restoration of Kính Thiên Palace

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Hà Nội has received great attention and help from the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in cultural conservation and development.

national tourism year 2023 kicks off in binh thuan

National Tourism Year 2023 kicks off in Bình Thuận

06:00 | 01/04/2023 Tourism

The 'Bình Thuận-Green Convergence' themed programme seeks to drive green growth and promote tourism development through collaboration with other economic sectors for sustainable progress.

Oscar dream

09:05 | 28/03/2023 Video

Witness the inspiring story of Vietnamese director Hà Lệ Diệm and her documentary 'Children of the Mist’. Despite facing several challenges, Diễm shot and edited the film in just four years with a borrowed camera and minimal training. Her incredible talent has earned her multiple prizes at international film festivals, and was even short-listed for the Oscars this year.

Vietnam remains world’s second-largest coffee exporter

08:55 | 28/03/2023 Infographic

Vietnam remained the second-largest coffee exporter in the world from February 2021 to January 2022, according to the International Coffee Organisation.

Ha Long Bay, Cu Chi Tunnels among ten adventurous tourism places in Southeast Asia

07:00 | 25/03/2023 Infographic

The travel magazine The Travel has listed Ha Long Bay in the northern coastal province of Quang Ninh and Cu Chi Tunnels in Ho Chi Minh City among the ten must-visit epic and adventurous places in Southeast Asia.

Policy

Vietnam objects to Taiwan’s live-fire drills in Ba Binh

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E-visa stay period may be extended to 90 days

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The Ministry of Public Security has recently proposed that e-visa holders might be able to stay in Viet Nam for up to 90 days instead of the current 30 days.

New legal documents in first half of March 2023

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

Animal feed industry asks for import tax reduction on raw materials

09:55 | 20/03/2023 Policy

The Government has received a proposal from the Vietnam Feed Association to eliminate the import tax on soybean meal, currently set at 2%.

Industry & Trade

HCM City to host international paper, coatings, rubber, and plastic expos

09:29 | 29/03/2023 Industry

Four international exhibitions, Paper Vietnam, Rubber and Tyre Vietnam, Coatings Expo Vietnam, and Plastech Vietnam, will be held in HCM City from June 14 to 16.

Bac Kan produce takes off

10:00 | 26/03/2023 Industry promotion

(VEN) - Efficient trade promotion has helped agricultural and unique products of the northern province of Bac Kan reach foreign markets, including the Czech Republic and Japan, among others.

Bac Giang develops rural industrial exports

07:00 | 25/03/2023 Industry promotion

(VEN) - The northern province of Bac Giang has become an industrial development center in recent years, with industry making a growing contribution to the provincial gross regional domestic product (GRDP). However, many rural industrial establishments in Bac Giang remain small-scaled and lack investment capital, equipment, machinery and technology, limiting production capacity, product quality, competitiveness, and domestic and foreign market expansion.

Ocean dialogue dicusses offshore renewable energy potential

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Offshore renewable energy was the centre of discussion at the 10th Ocean Dialogue in the central province of Khanh Hoa on March 23.

Investment

Investment surges in Bac Ninh Province

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Vietnam's retail market proves attractive for foreign investors

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Vietnam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here.

Asian investors increasingly keen on Vietnam

13:00 | 26/03/2023 FDI

(VEN) - Vietnam is considered a promising destination for investment from Asia, as evidenced by the increasing operations of multinational corporations.

India introduces pharmaceutical industry' opportunities to potential Vietnamese investors

19:54 | 23/03/2023 Vietnam and other regions

Invest India, the National Investment Promotion & Facilitation Agency, had networking hybrid meet in Ho Chi Minh City, introducing investment opportunities in Indian pharmaceutical industry to potential Vietnamese investors.

Finance-Banking

Central bank to cut refinance rate in next quarter: UOB

06:12 | 02/04/2023 Finance-Banking

The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.

Decree 08, a magic wand for corporate bonds?

06:00 | 30/03/2023 Finance-Banking

(VEN) - Economists believe the newly issued government decree on the private issuance of corporate bonds will have a positive impact on the corporate bond market.

Foreign investors expand consumer finance business in Vietnam

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Large foreign financial groups have actively penetrated the Vietnamese consumer finance market, which has significantly helped accelerate the digitalisation of the country’s financial services.

Stock market violations to face stricter sanctions

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The State Securities Commission (SSC) will review the Law on Securities and related decrees to complete the legal framework, and strengthen sanctions for violations to protect the legitimate rights and interests of investors.

Environment

COP28 President-Designate to speak at Berlin Energy Transition Dialogue Conference

16:21 | 29/03/2023 Environment

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, will visit Berlin to give a keynote speech at the Berlin Energy Transition Dialogue Conference 2023 (BETD) and meet with senior leaders and ministers from across the world. During the BETD, Dr. Al Jaber will repeat his call for governments, the private sector and civil society to work together for swift and ambitious action to reduce global emissions and progress the energy transition.

Turning coffee grounds into energy

13:00 | 27/03/2023 Environment

(VEN) - Turning coffee grounds into biomass energy has helped the Nestlé Vietnam Co., Ltd save VND40-50 billion a year.

Vietnam saves 298,000 kWh during Earth Hour 2023

10:48 | 27/03/2023 Environment

With lights turned off for one hour starting 8:30 pm on March 25 in response to the 2023 Earth Hour campaign, Vietnam saved 298,000 kWh of electricity equivalent to about 555.6 million VND (23,617 USD), according to the Vietnam Electricity (EVN)’s National Load Dispatch Center.

The value of wood scraps for business

13:00 | 25/03/2023 Environment

(VEN) - Reusing scraps derived from most stages of wood exploitation and processing will increase business profits by two to three percent.

Science - Technology

Intellectuals form important force for social development: Party leader

06:00 | 02/04/2023 Science - Technology

Vietnam wins 17 prizes at International Robothon 2023

06:00 | 01/04/2023 Science - Technology

The Vietnamese team won 17 prizes at the International Robothon 2023 held in Kuala Lumpur, Malaysia, on March 26.

Vietnam, US cultivate sci-tech, innovation cooperation

06:00 | 30/03/2023 Science - Technology

Vietnamese Deputy Minister of Science and Technology Bui The Duy held a working session in Hanoi on March 23 with a business delegation of the US-ASEAN Business Council (USABC) led by the council's President and CEO Ted Osius who were on a working visit to Vietnam from March 21-23.

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New legal documents in second half of February 2023

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