Banking & Finance

Under Decree No. 317/2025/ND-CP, that amends and supplements certain provisions of Decree No. 97/2018/ND-CP, the re-lending of ODA loans and foreign concessional loans are regulated for public scientific and technological organizations, as well as financially autonomous public universities.

Business households and individuals with annual revenue of VND200 million (nearly $7,600) or less (previously VND500 million) will not be subject to value-added tax (VAT) and personal income tax.

The draft decree is expected to be submitted to the Governmet in the next couple of months.

The credit quota system applied to commercial banks in Vietnam is in need of an update.

In addition, the Prime Minister approved the reduction and simplification of internal administrative procedures in three sectors: Petroleum; border trade; and consumer rights protection.

The new body expected to contribute to building a stable, transparent, and secure crypto asset market in Vietnam.