National
Unlocking Carbon Credit Market With Legal Reforms
“Việt Nam holds significant potential for generating carbon credit, but implementation has been hindered by the shortage of clear regulations, especially concerning payment levels and the cost associated with emissions measurement, reporting, verification and dispute resolution. This highlights the pressing need for a well-defined legal framework to guide forest carbon projects and the issuance of […]
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 […]
China Leader’s State Visit Holds Historical Significance
“The state visit to Việt Nam by Party General Secretary and President of China Xi Jinping from April 14 to 15 carried historical significance and was a great success, according to Standing Deputy Minister of Foreign Affairs Nguyễn Minh Vũ.”-Việt Nam News Source: China Leader’s State Visit Holds Historical Significance
Hà Nội’s Motobike Plans: What You Need To Know
“Hà Nội is set to implement a sweeping ban on fossil fuel-powered motorcycles to reduce air pollution and ease chronic traffic congestion. This new initiative will be rolled out in stages, starting in 2026. The long-term goal is to transition Hà Nội into a greener city by drastically cutting emissions from transportation. The backbone of […]
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 […]