Key is to improve the investment and business environment, support pioneering enterprises, and reach international standards in order to new momentum, liberate resources and new productivity for the private economy.
According to Minister of Finance Nguyễn Văn Thắng, the Government proposed a total of 13 policy groups concerning exemptions and reductions in land use fees and land rent to support key economic sectors.
Consumer transaction information and history on e-commerce platforms are personal data that must not be disclosed to other parties, according to the 2023 Law on Protection of Consumer Rights.
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.
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.
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.
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.
Key provisions focus on transparent advertising practices, mandating influencers to disclose paid promotions and only endorse products they have personally used.
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.
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...