Legal Insights
Business
HCM City Urged to Develop Carbon Credit Market to Cut Greenhouse Gas Emissions
“The city is preparing for a pilot phase of carbon trading, which is set to begin in 2025, with full operations expected to commence in 2028. The carbon market is expected to attract investment in renewable energy, environmental technology, and international climate finance. It will also promote a green economy and create new job opportunities […]
Society
Trial Begins in Largest Financial Fraud Case in Việt Nam
“The chairwoman of major developer Vạn Thịnh Phát went on trial Tuesday along with dozens of others, accused of embezzling US$12.5 billion in Việt Nam’s largest financial fraud case. Real estate tycoon Trương Mỹ Lan, 68, is accused of siphoning off VNĐ304 trillion ($12.46 billion) from Việt Nam’s largest private bank by assets, Saigon Joint […]
National
Draft Decree To Enable Carbon Credit Transactions Through Bilateral Deals
“Under the draft decree, the Ministry has the authority to issue a Letter of Approval for the project based on the request of the governing body, the opinions of relevant ministries and Việt Nam’s national GHG emission reduction targets. If the project is not granted a Letter of Approval, its GHG emission reductions will be […]
Business
2024 Land Law Can Stimulate Supply
“With this provision, Troy Griffiths, Deputy Managing Director of Savills Vietnam, expressed his belief that the new land law will bring about more investment opportunities for the real estate buyer group of overseas Vietnamese. This change also creates significant potential for the market thanks to direct investment capital from the group.” Source: 2024 Land Law […]
Latest Articles
Vietnam in Race to Attract New Generation Invesment
According to experts, Việt Nam is being welcomed as a new production link in Asia, playing an increasingly important role in the global smart manufacturing chain thanks in part to its natural resources. Việt Nam is one of the few countries in the world to have vast rare earth reserves – an important raw material […]
With Compensation On The Table, What’s Next For SQ321 Passengers?
Offers made by Singapore Airlines (SIA) to compensate the 211 passengers on board turbulence-hit Flight SQ321 are just the start of what legal experts say will be a lengthy process to determine how much the national carrier will ultimately pay out. Sudden, extreme turbulence hit the Boeing 777-300ER aircraft on its way to Singapore from […]
Low Wages, High Costs Force Tough Family Decisions
“Wages have a major impact on marriage and childbirth decisions for people in the working age, with women workers among the most affected. Clocking out at the end of the day, Nguyễn Thị Minh, a worker at the Việt Nam-Singapore Industrial Park (VSIP) in Bắc Ninh Province rushes home to feed her child and prepare […]
Bold Proposals For Fueling Economic Growth
“Leaders of major Vietnamese business groups proposed bold solutions for coping with pressing issues and propping up economic growth while they were meeting with Prime Minister Pham Minh Chinh and Government ministers in Hanoi today, September 21. VinGroup Chairman Pham Nhat Vuong put forward four proposals, including expanding the teaching of the English language to […]
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Gold Market Enters A New Era Of Openness, Oversight
“Việt Nam’s gold market has entered a pivotal phase of reform as new regulations come into force that both liberalise production and tighten trading oversight. The twin policy changes — lifting the State’s long-standing monopoly over bullion operations and mandating electronic payments for high-value gold transactions — mark the most significant structural shift in the […]
2024 Land Law: Unresolved Issues In Land Valuation
“After more than a year of implementation, the 2024 Land Law has revealed numerous shortcomings, among which land valuation stands out as a ‘backbone’ factor determining the effectiveness of many policies related to land recovery, compensation, resettlement and land use rights auctions. To ensure that policies are implemented effectively, fairly and sustainably, it is urgent […]
Battery-Swapping Race For E-Scooters Heating Up
“A wave of investment is surging into battery-swapping stations for electric two-wheelers as Việt Nam pushes towards green mobility, creating a multi-billion-dollar market. Most recently, South Korea’s LG Energy Solution (LGENSOL) in early October worked with Hà Nội’s authorities on the project of developing a battery-swapping network for electric motorbikes in the capital city. A […]
Use Blockchain For Cross-Border Payment, Experts Tell Workshop
“With global cross-border payments projected to reach US$320 trillion by 2032, Vietnam is being urged to adopt blockchain, stablecoins, and regulatory sandboxes to enhance competitiveness and expand financial integration. Experts say the country must act now to modernise its payment infrastructure and keep pace with international trends. At a workshop on ‘Cross-border Payments: Global Trends […]
Tech Shield: AI Solutions Protect Authentic Goods Digital Age
“According to the Department of E-commerce and Digital Economy under the Ministry of Industry and Trade, in the first half of 2025, more than 33,000 products were removed and over 11,000 online shops were sanctioned for violations. In HCM City alone, the municipal Market Surveillance Department uncovered and handled 526 cases, imposing fines totaling nearly […]
Compliance Key To Unlock Opportunities From Trade Deal
“The EU-Việt Nam Free Trade Agreement offers Vietnamese enterprises the opportunity to expand their share in one of the world’s most lucrative but demanding markets. However, it can only be realised if they fully comply with its rules of origin, tariffs, environmental standards, labour, and social responsibility. This was highlighted at a seminar titled “Compliance […]
Competitive Tariff Key To Electricity Sector Development
“A competitive and transparent electricity tariff is vital for the sustainable development of the power sector as Việt Nam is pushing towards its ambitious double-digit growth target, a forum was told on Wednesday. Speaking at the online event held by the Government’s e-portal, Trịnh Quốc Vũ, Deputy Director of the Electricity Authority of Việt Nam […]
Resolutions To Generate Strong Impetus For Breakthroughs
“A coordinated push on four key Politburo resolutions will drive fresh momentum and strong breakthroughs across Việt Nam, Party General Secretary Tô Lâm said, highlighting the documents’ focus on international integration, national energy security, education and training, and public health. Speaking at a national conference in Hà Nội on Tuesday to promote the implementation of […]
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