Tag: regulations

The maximum fine of up to VND400 million (approximately $15,200) will be applied following a new decree issued by the Government.

The new regulations will take effect from February 1, 2026.

After more than ten months, total disbursed capital reached VND464 trillion ($17.6 billion), accounting for 51.7 per cent of the 2025 plan approved by the Prime Minister.

Opinions to be sought from experts, people, and businesses.

Minister of Agriculture and Development Rural Development Le Minh Hoan told the “Quality assurance, food safety, and transparency of food origin for Vietnamese consumers” conference in Ho Chi Minh City on October 18 that the ministry will gradually improve regulations, making clean food production mandatory. In the first nine months of this year, 99.5 per cent of production facilities were certified as meeting food safety requirements.

Decree No. 65 on the private placement of bonds, issued by the government on September 16, has many new features and strict regulations on both issuers and investors. It has been supplemented with regulations stating that issuers are required to have credit ratings in certain cases, improving the obligation of issuers to disclose information to investors, and improving the professionalism of investors.

Decree No. 53 detailing a number of articles in the Law on Cybersecurity, including regulations on types of internet data that must be stored in Vietnam, took effect on October 1. Of note, user data is to be stored under the regulations.

A number of new regulations and policies related to the automobile industry will take effect from October, such as abolishing documents regulating the method of determining the localization rate for automobiles and increasing car registration fees.

For the first time in 30 years, southern Dong Nai province has lost its place in the top 5 localities regarding domestic investment and FDI. In the first eight months of the year, domestic investment and FDI in the province equaled just 6.93 per cent and 68 per cent, respectively, of the figures in same period last year. Reasons include bottlenecks in regulations and a limited land fund, resulting in investors moving to other localities.

In order to consolidate and improve the quality of appraisal services and contribute to limiting negativity in the management and use of assets, avoid wasting social resources, and ensure similarity among services, the Ministry of Finance is actively collecting comments on its draft revised Price Law. Many regulations have attracted conflicting opinions, however.

The Ministry of Transport (MoT) is developing a plan to reduce and simplify eleven regulations relating to business activities in registration and inland waterways, with some regulations and compliance costs removed completely. The ministry plans to reduce and simplify 54 regulations this year.

The Ministry of Justice will submit a draft Decree to the government amending and supplementing a number of articles on online auctions. The draft stipulates the order for conducting online auctions and establishing a unified online auction site nationwide that will be built, operated, and managed by the Ministry.

Many new regulations relating to traffic, urban areas, the environment, and support for the poor, such as the implementation of automatic toll collections on all expressways, granting the right to exploit information on housing, and support for the poor to build houses will become effective in August.

The Ministry of Information and Communications has issued a circular containing new regulations on imports of network information security products. From September 15, the time for handling administrative procedures for licenses to import cyberinformation security products will be reduced from seven to five days.

Deputy Prime Minister Le Van Thanh has approved a plan to reduce and simplify regulations relating to business activities within the scope of the State management functions of the Ministry of Natural Resources and Environment, with a roadmap for implementation from 2022 to 2025.

New policies taking effect from June include regulations on the establishment and transformation of enterprises in which 100 per cent of charter capital is held by the State, regulations on linking vocational training with foreign countries, and regulations on postal rates.

The government has issued a Decree stipulating the management of industrial parks and economic zones in regard to the following issues: infrastructure investment and the establishment of industrial parks and economic zones; policies on the development of industrial zones and economic zones; and certain types of industrial parks and industrial - service - urban zones. The Decree details the conditions investors in the construction and industrial park infrastructure business must meet.

According to new documents from the Ministry of Information and Communications (MoIC), foreign cross-border advertising providers must comply with Vietnamese laws on advertising, taxation, and network security, and regulations on the management, provision, and use of the internet and online information. At the request of authorities, they must also prevent and remove information that violates the law.

New regulations on the prevention and control of Covid-19 for people entering Vietnam have been issued by the Ministry of Health. Visitors with a negative Covid test will enjoy quarantine-free travel from day one. However, they will have to present proof of a negative SARS-CoV-2 test (except for children under two years old), conducted within 72 hours prior to departure for RT-PCR/RT-LAMP tests or within 24 hours for rapid antigen tests, and the results must be certified by authorities in the country where the tests are conducted.

According to a draft Decree from the Ministry of Finance amending and supplementing guidelines for the Tax Administration Law, owners of e-commerce platforms are to declare tax and pay taxes on behalf of sellers of goods and services on their platforms. Information must now be automatically provided online to tax authorities quarterly.