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Broadening eligibility for business establishment should be considered prudently

Broadening eligibility for business establishment should be considered prudently

According to the proposed amendments to the Law on Enterprises, employees who are scientists will be permitted to establish and oversee businesses dealing with researched scientific products.
VN mulls merging laws, streamlining export mechanisms

VN mulls merging laws, streamlining export mechanisms

Export markets, such as South Korea and Japan, have their own regulations and do not ask for the conformity certification mandated by the Vietnamese government, leaving local businesses with extra costs and time wasted on paperwork.
Calls for draft decree on pharmacy law amendments to make it easier for business

Calls for draft decree on pharmacy law amendments to make it easier for business

The pharmaceutical industry is key and needs to focus resources on promoting development to keep pace with modern medical advances.
Ministry proposes incentives for renewable energy projects

Ministry proposes incentives for renewable energy projects

To attract investments in offshore wind power, the ministry proposed an exemption of marine area use fees during construction and a 50 per cent reduction in fees for the 12 years after operations begin.
Finding the balance between autonomy and oversight in state-owned enterprise reforms

Finding the balance between autonomy and oversight in state-owned enterprise reforms

The draft Law 69 will replace the current Law 69/2014/QH13, marking a ''revolution'' in how state capital is managed in enterprises.
Finance ministry proposes changes in new personal income tax law

Finance ministry proposes changes in new personal income tax law

The replacement law is set to be approved by the National Assembly at its 11th session in May 2026.
Amending the Law on Electricity to unlock resources for energy security and net zero emissions

Amending the Law on Electricity to unlock resources for energy security and net zero emissions

The draft amendment to the Law on Electricity, which is on the agenda at the current session of the National Assembly, would be a bold step for Việt Nam towards ensuring national energy security and achieving net zero emissions by 2050.
Additional policies on advertising by influencers proposed for the Advertising Law

Additional policies on advertising by influencers proposed for the Advertising Law

Key provisions focus on transparent advertising practices, mandating influencers to disclose paid promotions and only endorse products they have personally used.
Amendment to tax regulation on foreign suppliers proposed

Amendment to tax regulation on foreign suppliers proposed

Under the proposal, the Government plans to clear up rules on foreign businesses which have argued that they do not have a fixed base in Việt Nam.
New solutions needed for urgent power projects

New solutions needed for urgent power projects

To meet the electricity demand with a growth rate of about ten per cent each year, the annual investment volume in power sources and grids must reach US$7.6 billion.
Amended chemical law reduces administrative procedures

Amended chemical law reduces administrative procedures

The draft of the law was released by a representative of the Department of Chemicals, Ministry of Industry and Trade at a workshop on the amended law and a strategy for the development of Việt Nam''s chemical industry, held in Hà Nội on October...
State monopoly over investment, construction of nuclear plant projects: draft law

State monopoly over investment, construction of nuclear plant projects: draft law

Planning for nuclear power development will be synchronised with the overall electricity development plan to guarantee power supply security.
Amending the Electricity Law is expected to remove bottlenecks for gas-fired and offshore wind power

Amending the Electricity Law is expected to remove bottlenecks for gas-fired and offshore wind power

The amendments underway to the law on electricity are expected to remove the bottlenecks and a favourable environment for the development of gas-fired and offshore wind power projects, experts said at a conference on Wednesday.
Conferences seek expert opinions on investment law amendments

Conferences seek expert opinions on investment law amendments

Officials and experts discussed amendments on several investment laws to more favourable conditions for investors, highlighting the need for simplifying and speeding up procedures.
New land law: opportunity to promote investment in green agriculture

New land law: opportunity to promote investment in green agriculture

The Law on Land 2024, which took effect from August 1, is opening significant opportunities to attract investments in promoting the development of green agriculture in Việt Nam.