Legal framework

An International Financial Centre has been officially announced to support financial sector development and strengthen the country’s global competitiveness.

Prime Minister Chinh has ordered the Ministry of Construction to finalise the investment model for the North–South high-speed railway.

Domestic resources are projected to cover only around half of the funding required to successfully implement Power Development Plan VIII.

Vinh–Thanh Thuy expressway, linking Hanoi with Laos, cleared by National Assembly, to boost regional connectivity.

Bullion prices remain volatile, hovering near historic highs over mid-December.

The NA adopted the Law on Digital Transformation on December 11, contributing to the completion of the legal framework to accelerate the move.

Hanoi is set to receive breakthrough decision-making powers, enabling the capital city to apply special mechanisms for large, high-priority projects.

The amended Law on Investment introduces remarkable changes to investment procedures.

Vietnam is set for a major tax overhaul as nearly five million household businesses shift from presumptive taxation to self-declaration, a move aimed at boosting...

The State Securities Commission (SSC) on December 10 announced the establishment of a management board for the cryptoasset trading market.

The National Assembly on December 10 approved the amended Personal Income Tax Law with more than 92 per cent of votes in favour.

Vietnam is in the early phases of its open banking journey, with regulatory frameworks only beginning to take shape and the market yet to fully develop.

The National Assembly Standing Committee is reviewing a draft resolution that would grant Hanoi mechanisms to expedite major public and private ventures.

A new draft Law on Personal Income Tax proposes a dual tax system and higher revenue thresholds, aiming to match tax obligations with actual incomes.

The NA is reviewing amendments to the Law of Personal Income Tax that lower rates and adjust brackets for all taxpayers.