On September 18, 2024, the Government issued Decree No. 117/2024/ND-CP, amending and supplementing several provisions of Decree No. 82/2020/ND-CP on administrative sanctions in the fields of judicial assistance, judicial administration, marriage and family, civil judgment enforcement, and bankruptcy of enterprises and cooperatives. The decree takes effect on November 15, 2024, with the following key highlights:
31 December 2024
On September 30, 2024, the Government issued Decree No. 118/2024/ND-CP, detailing the implementation of several provisions of the 2019 Law on Criminal Sentence Execution. The decree, effective from November 15, 2024, introduces humane policies such as dietary and clothing regimes for inmates, mitigating and aggravating circumstances for disciplinary measures, and efforts to promote rehabilitation and social reintegration.
31 December 2024
A business forum connecting enterprises from the five ASEAN member countries of Thailand, Vietnam, Cambodia, Laos, and Myanmar took place in Thailand’s Udon Thani province from November 17–19.
29 February 2024
The Vietnamese government's efforts to attract more investment in high-tech parks through the implementation Decree No. 10/2024/ND-CP, dated 1st February 2024, the government plans to offer land lease incentives, preferential corporate income tax rates, and streamlined administrative procedures to encourage infrastructure investment in these parks.
29 February 2024
The Prime Minister chaired a meeting with the National Financial and Monetary Policy Advisory Council to discuss measures to stimulate economic growth and address challenges faced by businesses.
29 February 2024
On November 20, 2024, Decree 125/2024/ND-CP regulating conditions for investment and operation in the field of education officially took effect, replacing Decree 46/2017/ND-CP, with many innovations in regulations on conditions for investment and operation in the field of education. Here are the new highlights:
31 December 2024
The circular economy and green finance should be considered priority areas to implement the National Strategy on Green Growth for the 2021–2030 period and the vision for 2050.
29 February 2024
China is forecast to top the list, with an estimated 1 billion or more consumers by that time, followed by India with 773 million.
29 February 2024
Under the recently-issued Directive No. 06/CT-TTg, which urges the implementation of certain focal tasks following the Lunar New Year (Tet) holiday, Prime Minister Pham Minh Chinh requested that the Ministry of Public Security (MPS) consider expanding the coverage of the visa exemption policy.
29 February 2024
Vietnam is an attractive market for foreign investors. Natural strengths such as favorable geographical location and vast resources are Vietnam’s inherent advantages.
29 February 2024
The State Bank (SBV) has just announced that it will reduce the refinancing interest rate by 0.5 percentage points to 5.5% from April 3 to support economic growth.
29 February 2024
With a GDP growth of 5.1% in 2023 projected to rise to 6–6.5% in 2024, Vietnam is one of the fastest-growing economies in Southeast Asia. The growth is expected to be driven by exports, manufacturing, tourism, and domestic consumption. Key sectors such as manufacturing, real estate, and tourism are showing signs of recovery and attracting both domestic and international investors.
29 February 2024