National

Businesses To Decide Their Own Petrol Retail Prices
“The draft is built on the principle of ensuring harmony of benefits for consumers and petroleum businesses, and ensuring petroleum supply for domestic consumption. At the same time, it reduces the State’s intervention in the oil and petroleum business activities of the enterprises. Chinh emphasized four main contents in the draft including oil and petrol […]

Prime Minister At Forum To Discuss Industrial Transformation Goals
“HCM City needs to focus on transforming its industries towards digitalization and sustainability, experts told the 5th HCM City Economic Forum that opened on Wednesday. With the theme “Industrial Transformation – a New Driving Force for HCM City’s Sustainable Development,” the forum discussed topics such as global industrial transformation trends, the direction for HCM City’s […]

Multiple Benefits Of Free Trade Zone Development
Free trade zones (FTZs) act as vital hubs for cross-border trade, optimizing supply chains, and fostering international cooperation. What other benefits can this model bring? A strategic approach Danang City recently proposed a sea reclamation project to create additional space for a 2,317-hectare free trade zone. This includes approximately 300 hectares reclaimed from the sea. […]

Fire Prevention Laws Need Clearer Regulations
“Permanent Deputy Chairman of the National Assembly Trần Thanh Mẫn has asked the drafting agency to thoroughly evaluate and review the scope of fire search and rescue operations, along with fire prevention and firefighting measures, to make clear who needs to take responsibility for coordinating, commanding and supporting in any emergency situation. Mẫn requested the […]

Firms Call For Stricter Actions To Speed Up VAT Refunds
“Businesses are urging the government to adopt more stringent measures to expedite value-added tax (VAT) refunds due to prolonged delays in invoice verification and compliance challenges. Speaking at the Tax Dialogue 2024 held last Friday, Nguyễn Thanh Phương, deputy general director of Fococev Vietnam, said the company has been awaiting a total VAT refund amounting […]

Hurdles Faced Over One Million Social Housing Plan
“A severe shortfall in the construction of social housing has underscored the urgent need for robust policies to stimulate business involvement and expedite land allocation for housing projects. Thus far, only about 21,000 social housing units have been completed nationwide, a figure that falls significantly short of the Government’s target of 130,000 units. Achieving this […]

Social Insurance Law Comes Under The Spotlight At NA’s Seventh Session
“National Assembly deputies on Monday suggested that the assembly should not pass the amended Law on Social Insurance at the seventh session of the 15th National Assembly. Speaking at the session, NA deputy Nguyễn Lâm Thành, from the northern province of Thái Nguyên said that the National Assembly (NA) was advised to consider passing the […]

HCM City To Set Issue Bonds To Fund Metro Projects
“Speaking at a recent meeting, Phan Văn Mãi, chairman of the municipal People’s Committee, encouraged citizens to invest in metro bonds to support infrastructure growth, despite potentially lower bank deposit interest rates. The city has submitted a request for 14 capital mechanisms to the central government for funding 200 km of metro lines, including local […]

Proposed Healthcare Reforms Will Include Fair Staff Incentives
“According to Deputy Minister of Health Lê Đức Luận, in 2025, the Ministry of Health will prioritise achieving three key targets assigned by the National Assembly in the socio-economic development plan: 15 doctors per 10,000 people, 34.5 hospital beds per 10,000 people and 95 per cent health insurance coverage. Additionally, the government has set seven […]