Tag: Policy

Prime Minister Pham Minh Chinh receiving a delegation from IMF in Hanoi on March 27.

Many National Assembly deputies agreed with the policy of exempting construction permits, but proposed to improve the post-inspection mechanism and clearly define management responsibilities...

Under a draft law from the Government, the annual contracted electricity output rate for LNG thermal power projects will increase from 65 to 75 per cent...

A key facet of all economies, Vietnam’s business community is keen to see ongoing comprehensive reform with tangible results.

PM Pham Minh Chinh directs easing of credit constraints and interest rate reductions to support businesses

Exchange rates cannot be sacrificed for low interest rates, says deputy governor

At the Real Estate Forum 2022 on October 28, with the theme “Supply of real estate in Ho Chi Minh City: Practical issues to be solved”, Mr. Le Hoang Chau, Chairman of Ho Chi Minh City Real Estate Association (HoREA), said transparency in the market has improved with clear mechanisms and policies. However, safety and stability are still of concern due to the overlap between the Land Law 2013 and the Law on Housing 2014 and other legal documents.

During discussions on the socio-economic situation at the ongoing fourth session of the 15th National Assembly (NA), Mr. Tran Van Tuan, NA deputy from northern Bac Giang province, said Covid-19 created a shortage of housing for workers that remains to this day. It is therefore necessary to introduce specific mechanisms and policies to encourage the participation of the private sector in housing and meet demand.

The Ministry of Health (MoH) has proposed introducing a policy adjusting the basic salary of medical staff while increasing allowances. This would address health workers leaving the sector or moving from public health facilities to private facilities.

Having applied a national multi-dimensional poverty line in 2015, Vietnam has been a pioneer in the Asia-Pacific region in applying the line as a tool for targeting and monitoring poverty and policy formulation. However, the poverty that exists among ethnic minorities and people living in some coastal and island areas is a challenge for Vietnam in achieving the sustainable development goals.

Decree No. 35/2022/ND-CP stipulating the management of industrial parks and economic zones and issued on May 28, 2022, is an important policy directing the development of industrial park infrastructure in Vietnam. However, though it is considered a breakthrough measure and removes cumbersome administrative procedures, its implementation still has drawbacks that need to be dealt with.

Vietnam Social Insurance on July 26 announced the results of its policy on rental support for employees under Decision No. 08/2022/QD-TTg. Nearly 2.7 million workers have received such support to date, while some 3.4 million in total are to be beneficiaries of the policy, which has a budget of VND6.6 trillion ($282 million).

Accessing Vietnam’s potential in logistics requires new thinking on the policy front.

Adjustments will be made from February to policies that directly affect workers’ rights, including adjustments to salary and monthly income for which social insurance has been paid, changes in the ceiling fee for labor export services, and increases to the maximum overtime for seasonal workers.

The space available for solar power panels on roofs at industrial parks is substantial, but barriers, difficulties, and obstacles relating to policies as well as procedures for investment, installation, operation, and power consumption still pose issues for investors.