May foreign tourists bring their own vehicles into Vietnam?

According to Government Decree 151 issued in 2024, detailing a number of articles of, and measures to implement, the Law on Road Traffic Order and Safety, foreign visitors may drive their motor vehicles into Vietnam but must comply with specific requirements.

11/02/2025

Vietnam approves carbon market development project

By June, Vietnam will complete the legal framework for the exchange of greenhouse gas (GHG) emission quotas and carbon credits, including development of mechanisms for carbon credit trading and offsetting, and establish necessary infrastructure for carbon market operations.

10/02/2025

Country to improve legal framework for atomic energy development and application

The Prime Minister has recently approved a decision to improve the legal system, policies, and the state management agency on atomic energy in accordance with international practices.

10/02/2025

PM demands comprehensive reports on delayed investment projects

Prime Minister Pham Minh Chinh has requested comprehensive reports on delayed investment projects and those with challenges in order to take measures to remove the bottlenecks for immediate implementation.

10/02/2025

Premier orders support for workers staying on construction sites during Tet

Competent ministries, sectors and localities must provide care and support for workers remaining on construction sites during the Tet (Lunar New Year) holiday, according to Official Dispatch 06 issued by Prime Minister Pham Minh Chinh on January 25.

06/02/2025

PM requests focus on key tasks right after Lunar New Year (Tet) holiday

Prime Minister Pham Minh Chinh on February 4 directed ministries, agencies, local authorities, organizations, and individuals to immediately resume work after the Lunar New Year (Tet) holiday.

06/02/2025

Government extends VAT cut till June 30, 2025

The Government has recently decided to extend a reduction in value-added tax (VAT) for the next six months, starting from January 1 this year.

05/02/2025

New rule to simplify business conditions for vehicle inspection centers

From January 1 this year, vehicle inspection centers can be established at bus stations and rest stops, according to Government Decree 166/2024/ND-CP dated December 26, on business conditions for the operation and establishment of vehicle inspection centers.

04/02/2025

Law on Health Insurance revised to provide more benefits for patients

Patients diagnosed to suffer certain rare diseases, serious diseases, or diseases requiring surgery or advanced technology application may have examination and treatment costs wholly covered by the health insurance fund at the law-specified benefit levels without having to go through hospital referral as under current regulations.

04/02/2025

Legislature completes legal framework for pharmacy chains, online drug trading

The National Assembly on November 21, 2024, passed the Law revising a number of articles of the 2016 Pharmacy Law, which is expected to create a legal corridor for the development of new pharmaceutical business methods.

04/02/2025

Data Law to facilitate cross-border data transfer, processing

As of July 1, agencies, organizations and individuals will be free to transfer data from abroad to Vietnam, process foreign data in Vietnam, and have their lawful rights and interests protected by the State, according to the 2024 Data Law.

28/01/2025

New law aims at facilitating geological and mineral management

The Geology and Mineral Law, which was passed on November 29, 2024, and will come into force on July 1 this year, is expected to help create a consistent and unified legal framework for the management and exploitation of geological resources and minerals.

27/01/2025

National action plan for circular economy till 2035 issued

The Deputy Prime Minister on January 23 signed Decision 222/QD-TTg, promulgating the national action plan for putting circular economy into practice until 2035.

24/01/2025

Traffic safety measures needed to be enhanced nationwide: PM

Prime Minister Pham Minh Chinh on December 12 issued Official Dispatch 132/CD-TTg, requiring ministries, sectors and localities to take critical measures to better ensure traffic order and safety.

23/12/2024

Government specifies conditions for foreign drivers, vehicles operating in Vietnam

From January 1, 2025, foreign tourists can bring a variety of motor vehicles into Vietnam, including passenger cars, whether right-hand or left-hand drive, capable of carrying up to eight passengers (excluding the driver), mobile home vehicles, and two-wheeled motorcycles.

23/12/2024

PM orders faster implementation of social housing projects

Prime Minister Pham Minh Chinh on December 10 urged relevant agencies to address obstacles hindering the progress of social housing projects, aiming to enhance the effectiveness of social housing development and meet the growing demands of people.

20/12/2024

Vietnam to expand marine protected areas

Vietnam will establish and expand 27 marine protected areas covering over 442,230 hectares in order to raise the total area of marine protected zones to almost 0.5 percent of the country's natural marine area by 2030.

20/12/2024

Central bank asked to manage interest rates

Prime Minister Pham Minh Chinh has requested the central bank to proactively, flexibly, promptly and effectively manage the monetary policy together with the expansionary fiscal policy and others.

20/12/2024

NA Chairman issues resolution on construction of North-South high-speed railway

National Assembly Chairman Tran Thanh Man has recently issued Resolution No. 172/2024/QH15, on the investment policy for the North-South high-speed rail project, which is expected to meet transport needs and create motives for rapid and sustainable socio-economic development

20/12/2024

Traditional medicine to be developed to serve healthcare, tourism: PM

Prime Minister Pham Minh Chinh has called for the development and diversification of traditional medicine services and products, enhancing the quality of traditional medicine services linked to healthcare and tourism.

10/12/2024

Gov’t leader orders acceleration of national green growth strategy

Prime Minister Pham Minh Chinh has assigned tasks and solutions to ministries, sectors and localities to implement the national green growth strategy for the 2021 - 2030 period with a vision to 2050 towards the ultimate goal of carbon neutrality.

10/12/2024

Banks shall not send SMS messages, emails containing hyperlinks from January 01, 2025

This is the content prescribed in Circular No. 50/2024/TT-NHNN on ensuring security and confidentiality in the provision of online banking services.

03/12/2024

Regulations on offshore investment in oil and gas activities

On October 15, 2024, the Government issues the Decree No. 132/2024/ND-CP on prescribing offshore investment in oil and gas activities.

03/12/2024

Amending and supplementing a number of regulations on bank guarantee

On October 25, 2024, the State Bank of Vietnam issues the Circular No. 49/2024/TT-NHNN on amending and supplementing a number of articles of Circular No. 11/2022/TT-NHNN dated September 30, 2022, of the Governor of the State Bank of Vietnam, on bank guarantee

02/12/2024

May overseas Vietnamese open savings accounts in Vietnam?

As per Article 4.2 of the State Bank of Vietnam’s Circular 48/2018/TT-NHNN (Circular 48), on savings deposits, Vietnamese citizens may make Vietnam-dong savings deposits, while Vietnamese residents are entitled to open foreign-currency savings accounts.

02/12/2024

Premier approves roadmap to apply new emission standards of motor vehicles

The Government leader has recently approved the roadmap for application of emission standards for imported and domestically manufactured and assembled motor vehicles, which will start from early next year.

02/12/2024

SBV asked to strengthen credit management this year

The Premier on November 27 signed Official Telegraph 122/CD-TTg, requesting the Governor of the State Bank of Vietnam (SBV) to outline solutions aimed at improving credit management for 2024 in the face of evolving global economic challenges.

02/12/2024

Decree 152/2024: Guiding the implementation of the Law on Enforcement of Civil Judgments

On November 15, 2024, the Government issues the Decree No. 152/2024/ND-CP on amending and supplementing a number of articles of Decree No. 62/2015/ND-CP dated July 18, 2015, on detailing and guiding the implementation of a number of articles of the Law on Enforcement of Civil Judgments.

28/11/2024

Hanoi: Applying traffic congestion mitigation fees

This is the important content specified in the Law on the Capital 2024, one of Laws which are passed on June 29, 2024 by the National Assembly.

27/11/2024

Requirements on conversion from paper documents to data messages

This content is specified in Decree No. 137/2024/ND-CP of the Government on defining e-transactions of state agencies and information systems serving e-transactions.

27/11/2024

Premier orders rapid response to floods in central region

Prime Minister Pham Minh Chinh has asked ministers and provincial leaders to take proactive measures to mitigate the impact of prolonged heavy rains and flooding in the central region.

27/11/2024

State management of e-commerce to be tightened: PM

Prime Minister Pham Minh Chinh has instructed related ministries and localities to tighten state management of e-commerce.

27/11/2024

New Law on Water Supply and Drainage proposed to help mitigate urban waterlogging

The Ministry of Construction has recently released the draft Law on Water Supply and Drainage so as to develop the country’s water supply and drainage systems and contribute to mitigating waterlogging in urban areas.

25/11/2024

Eradication of dilapidated houses must be faster: PM

Prime Minister Pham Minh Chinh has ordered ministries, sectors and localities to speed up the eradication of the temporary and dilapidated houses nationwide.

22/11/2024

Social network user accounts to be verified with subscriber phone numbers

From December 25, social media platforms providing Internet services and cross-border information in Vietnam will have to implement stricter user authentication processes, through phone numbers and personal identification numbers.

22/11/2024

New regulations on interest rates applicable to Vietnam-dong deposits from November 20, 2024

Decision No. 2411/QD-NHNN on providing the maximum interest rates applicable to Vietnam-dong deposits of organizations and individuals at credit institutions and foreign bank branches in accordance with Circular No. 48/2024/TT-NHNN

14/11/2024

Residential, office rooftop solar power promoted

The Government has recently adopted several mechanisms and policies to promote the development of solar power systems installed on roofs of people’s houses, public offices, industrial parks, cottage industry zones, export processing zones, hi-tech parks, economic zones, and production and trade facilities, provided they are legally built.

13/11/2024

SBV's organizational structure to be revised

From January 5 next year, the newly established Department of Anti-Money Laundering will operate under the State Bank of Vietnam (SBV).

13/11/2024

Nation to become a leader in blockchain technology

By 2030, Vietnam will become a regional leader in blockchain technology application, have an international ranking in research, application and exploitation of blockchain technology.

12/11/2024

Each vehicle will be installed with only one e-tag at a time

This content is prescribed in the government's Decree No. 119/2024/ND-CP defining electronic payment for road traffic activities.

12/11/2024

MOF proposes two options for land rental reduction

In order to help promote production and business activities, the Ministry of Finance has proposed reducing the payable land rental amounts of 2024 for organizations, enterprises, households and individuals that are leased land directly by the State with annual land rental payment.

06/11/2024

Draft law allows foreign employees to join Vietnamese trade unions

Foreign employees who are citizens of foreign countries and currently working in Vietnam under labor contracts with a term of at least 12 months would have the right to join Vietnamese trade unions and engage in trade unions activities at the grassroots level.

04/11/2024

Amending the dossier for the recognition of diplomas granted by foreign education institutions

The Ministry of Education and Training amends and supplements a number of dossiers order for, and results of, recognition of diplomas granted by foreign education institutions for use in Vietnam in the Circular No. 07/2024/TT-BGDDT which takes effect on November 02, 2024.

04/11/2024

A number of new regulations on interest rate from November 20, 2024

The State Bank of Vietnam issues a number of Circulars providing the application of interest rates applicable to Vietnam-dong deposits of organizations and individuals at credit institutions and foreign bank branches

04/11/2024

New policies adopted for employees participating in overseas oil and gas projects

The Government on October 15 issued Decree 132/2024/ND-CP, adopting new policies toward employees participating in the implementation of overseas oil and gas projects.

01/11/2024

Supplement the case for the act of false indication of legal status in industrial property

Taking effect on November 15, 2024, the Circular No. 06/2024/TT-BKHCN of the Ministry of Science and Technology supplements the case for the act of false indication of legal status in industrial property

01/11/2024

01 November 2024: Regulations on credit information services take effect

On October 21, 2024, the Government issues Decree No. 133/2024/ND-CP on amending and supplementing a number of articles and appendices of the Government’s Decree No. 58/2021/ND-CP dated June 10, 2021, on the provision of credit information services.

01/11/2024

Foreign investors must not have sufficient funds when placing order for securities purchase

Circular No. 68/2024/TT-BTC on amending and supplementing a number of articles of Circulars prescribing securities transactions in the securities trading system; clearing and payment of securities transactions; operation of securities companies and information disclosure on the securities market shall take effect on November 02, 2024.

30/10/2024

Circular on prescribing the fee for renewal or re-issuance of identity cards

On October 21, 2024, the Ministry of Finance issues the Circular No. 73/2024/TT-BTC on prescribing the rates of, exemption from, collection and payment of, the fee for renewal or re-issuance of identity cards.

29/10/2024

A fine of up to VND 400 million for repurposing non-agricultural land other than residential land to residential land

This fine is prescribed in the Decree No. 123/2024/ND-CP of the Government on providing for the sanctioning of administrative violations.

29/10/2024

Vietnam approves plan to preserve endangered ethnic cultural heritages

The Ministry of Culture, Sports, and Tourism (MOST) on October 8 issued Decision 2962/QD-BVHTTDL, approving a plan to support the research, restoration, and preservation of the intangible cultural heritages of ethnic minorities in Vietnam.

28/10/2024

State agencies’ operations to be fully conducted in electronic environment

From October 23, certain activities of state agencies will be fully shifted to online environment, including provision of online public services; internal governance; direction and administration; and supervision, inspection, and auditing.

25/10/2024

Steering committee established to eradicate temporary, dilapidated houses

The Prime Minister has recently approved the establishment of the central steering committee for the elimination of temporary and dilapidated houses across the nation.

24/10/2024

Prestigious foreign universities to be encouraged to set up branches in the country

From November 20, foreign universities that wish to establish their branches in Vietnam must be those lawfully established and operating abroad and be among the top 500 universities in the World University Rankings in one of the latest three years.

24/10/2024

May employers transfer employees to jobs other than those stated in signed contracts?

To meet production and business needs or in case of unexpected eventualities like disasters, fires or dangerous epidemics, an employer may temporarily assign an employee to perform a job other than that stated in the labor contract

21/10/2024

The appropriation or use of domain names are considered as unfair competition

On September 30, 2024, the Ministry of Science and Technology issues Circular No. 06/20247/TT-BKHCN on amending and supplementing a number of articles of the Minister of Science and Technology’s Circular No. 11/2015/TT-BKHCN dated June 26, 2015, detailing and guiding a number of articles of the Government’s Decree No. 99/2013/ND-CP of August 29, 2013, on sanctioning of administrative violations in the field of industrial property.

21/10/2024

The Special Preferential Import Tariff to implement the VIFTA

On October 15, 2024, the Government issues Decree No. 131/2024/ND-CP on issuing Vietnam’s Special Preferential Import Tariff to implement the Free Trade Agreement between the Government of the Socialist Republic of Vietnam and the Government of the State of Israel for the 2024 - 2027 period

21/10/2024

Regulations on information about the place of residence from July 01, 2024

On May 15, 2024, the Ministry of Public Security issues the Circular No. 17/2024/TT-BCT on detailing a number of provisions and measures for the implementation of the Law on Identity

19/10/2024

Amending, supplementing a number of regulations on announcement of eligibility to produce preparations

On October 10, 2024, Government issues Decree No. 129/2024/ND-CP on amending, and supplementing several Articles of Decree No. 91/2016/ND-CP dated July 01, 2016 on the management of insecticidal or germicidal chemicals and preparations for household and medical use, and the Government’s Decree No. 155/2018/ND-CP dated November 12, 2018, amending and supplementing a number of articles concerning business investment conditions under state management of the Ministry of Health.

17/10/2024

Central bank drafts circular on foreign indirect investment in Vietnam

The State Bank of Vietnam (SBV) is drafting a circular regulating the opening and use of Vietnamese dong-denominated accounts for foreign investors, in order to conduct foreign indirect investment activities in Vietnam.

17/10/2024

Credit institutions must not offer sale promotions for depositors in contravention of laws

The State Bank of Vietnam issues the Circular No. 48/2024/TT-NHNN providing the application of interest rates applicable to Vietnam-dong deposits of organizations and individuals at credit institutions and foreign bank branches.

16/10/2024

List of scraps of which temporary import for re-export or border-gate transfer is suspended

On October 08, 2024, the Ministry of Industry and Trade issued Circular No. 18/2024/TT-BCT promulgating the list of scraps for which temporary import for re-export or border-gate transfer is suspended.

16/10/2024

From October 11, 2024: The electricity retail price is over the level of VND 2,100/kWh

On October 11, 2024, the Ministry of Industry and Trade and EVN has decided and issued the Decision on the average electricity retail prices at the Decision No. 2699/QD-BCT

16/10/2024

Foreign investor must open 1 indirect investment capital account by VND

This content is prescribed in the Draft on on guiding the opening and use of accounts by Vietnam dong for the implementation of foreign indirect investment activities in Vietnam.

15/10/2024

Expense norms for investor selection to implement land-using investment projects

On September 16, 2024, the Government issues Decree No. 115/2024/ND-CP Detailing a number of articles of and measures to implement the Bidding Law regarding selection of investors to implement land-using investment projects.

14/10/2024

Add 5 draft laws and draft resolutions to the 2024 law- and ordinance-making program

On September 26, 2024, the National Assembly Standing Committee approved the Resolution No. 53/2024/UBTVQH15 on adjustments to the 2024 law- and ordinance-making program. This Resolution takes effect on the signing date.

14/10/2024

PM urges acceleration of public investment disbursement to the year-end

The Prime Minister has recently urged relevant agencies to accelerate the disbursement of public investment in the remaining months of this year.

14/10/2024

Prime Minister okays digital infrastructure strategy through 2030

By 2030, the coverage of 5G mobile network is expected to reach all cities, provinces, high-tech zones, research and development centers, industrial parks, stations, ports and international airports by 2025 and 99 percent of the population by 2030.

14/10/2024

03 methods of payment in the detail border trade activities

On October 04, 2024, the Government issues Decree No. 122/2024/ND-CP on amending and supplementing a number of articles of the Government’s Decree No. 14/2018/ND-CP dated January 23, 2018, prescribing in detail border trade activities.

08/10/2024

Premier calls for further support to enterprises

Prime Minister Pham Minh Chinh has requested further support to enterprises to overcome difficulties and promote production and business activities in the remaining months of 2024 and in the following years.

08/10/2024

Interest rates applicable to Vietnam-dong deposits at credit institutions and foreign bank branches

These regulations are prescribed in Circular No. 48/2024/TT-NHNN which is issued on September 30, 2024.

07/10/2024

Central bank issues new regulations on USD deposit interest rates

The State Bank of Vietnam (SBV) has issued a circular on USD deposit interest rates applicable to organizations and individuals at credit institutions and foreign bank branches.

07/10/2024

Amend the conditions for subjects conducting goods trading and exchange at border markets

This content is prescribed in Decree No. 122/2024/ND-CP on amending the conditions for subjects conducting goods trading and exchange at border markets

07/10/2024

Premier requests to wipe out temporary and dilapidated houses

Prime Minister Pham Minh Chinh has called for the acceleration of the removal of temporary and dilapidated houses nationwide.

07/10/2024

Supplement 02 cases of revocation of certificates of eligibility for provision of motor vehicle inspection services

Decree No. 121/2024/ND-CP of the Government has supplemented the revocation of certificates of eligibility for the provision of motor vehicle inspection services

07/10/2024

Amend regulations on handling of money and assets related to terrorism

The Government promulgates Decree No. 93/2024/ND-CP on amending and supplementing a number of articles of the Decree No. 122/2013/ND-CP of October 11, 2013 prescribing the circulation suspension, blockade, sealing, temporary seizure and handling of money and assets related to terrorism and terrorist financing; and the establishment of a list of organizations and individuals related to terrorism and terrorist financing.

05/10/2024

Issue the List of imported and exported medical equipment with commodity codes

On October 01, 2024, the Ministry of Health issues Circular No. 19/2024/TT-BYT on promulgating the List of imported and exported medical equipment with commodity codes determined according to Vietnam’s Nomenclature of exports and imports.

04/10/2024

New rule on investor selection for land-using projects

Land-using projects on construction of urban areas, projects on rural residential areas and projects regulated by specialized laws will be subject to bidding for investor selection, according to Government Decree 115/2024/ND-CP recently issued to detail the Bidding Law regarding the selection of investors for implementing land-using investment projects.

04/10/2024

New rule expected to help improve social security services in the country

The Government has recently issued Decree 110/2024/ND-CP, on social work, with the hope to promote the development of the system of social work service providers in Vietnam.

03/10/2024

Draft of the new Circular annuls 13 Circulars on land

The new Draft proposes to annul a number of Circulars on land under the authorization of the Minister of Natural Resources and Environment.

03/10/2024

What are the budget revenues from land under Article 153 of the Land Law 2024?

In accordance with regulations specified in Article 153 of the Land Law 2024, what are budget revenues from land?

02/10/2024

Principle for applying the List of food, food additives, food containers, and packaging materials with HS Codes

The Minister of Health promulgates the Circular No. 15/2024/TT-BYT dated September 19, 2024 on the List of food, food additives, food containers, and packaging materials in direct contact with food with HS codes determined according to the Vietnam’s Nomenclature of exports and imports, subject to state inspection for food safety of imported goods under the Ministry of Health’s management.

02/10/2024

Supplement the List of imports by HS Code and methods of import management in the field of printing

On September 23, 2024, the Ministry of Information and Communications issues the Circular No. 111/2014/TT-BTTTT on amending and supplementing a number of articles of Circular No. 03/2015/TT-BTTTT prescribing printing activities, Circular No. 05/2016/TT-BTTTT defining the management and use of international standard book numbers, Circular No. 22/2018/TT-BTTTT on promulgating Lists of imports and exports in the fields of printing and distribution of publications and Circular No. 09/2013/TT-BTTTT on providing the List of software, hardware and electronic products.

02/10/2024

04 principles of System of information and National database on construction activities

The Government promulgates the Decree No. 111/2024/ND-CP defining the system of information and National database on construction activities and regulations. These regulations take effect on November 01, 2024.

01/10/2024

Amend the Circular on the issuance of the State Bank bills

On August 30, 2024, the State Bank of Vietnam promulgates Circular No. 44/2024/TT-NHNN amending and supplementing Clause 2 Article 2 of the Circular No. 16/2019/TT-NHNN dated October 22, 2019 of the Governor of the State Bank of Vietnam, on the issuance of the State Bank bills. Additionally, a number of subjects permitted to purchase and sell State Bank bills from October 23, 2024.

01/10/2024

From October 16, 2024, Vietnam ceases to provide 2G network services

The Ministry of Information and Communications issues Circular No. 10/2024/TT-BTTTT, dated September 13, 2024, which effectively delays the cessation of 2G services and specifies that the GSM mobile communications systems using the frequency bands from 1,710-1,785 MHz, 1,805-1,880 MHz, 880-915 MHz, and 925-960 MHz will cease to supply 2G network services.

01/10/2024

Importing enterprises may repair imported automobiles that are damaged during transportation from abroad to Vietnam

On August 12, 2024, the Minister of Transport promulgates the Circular No. 30/2024/TT-BGTVT on amending and supplementing regulations on technical safety and environmental protection inspection of road motor vehicles or environmental protection inspection for imported automobiles as specified in Circular No. 16/2021/TT-BGTVT, Circular No. 03/2018/TT-BGTVT.

01/10/2024

From July 12, 2024: A fine of up to VND 25 million for declaring the incorrect selling prices

The Government issues the Decree No. 87/2024/ND-CP on sanctioning of administrative violations in the field of price Including the fine for the act of declaring the incorrect selling prices.

25/09/2024

Premier issues strategy for development of Vietnam’s semiconductor industry

Prime Minister Pham Minh Chinh has signed a decision issuing the strategy for developing Vietnam’s semiconductor industry by 2030, with a vision toward 2050.

24/09/2024

From August 01, 2024: New regulations on compensation upon land recovery by the State

From July 15, 2024, the Government issues the Decree The Government promulgates the Decree on compensation, support and resettlement upon land recovery by the State.

23/09/2024

Grant of electronic land use right certificates guided

From the beginning of August this year, the initial registration of land and land-attached assets may be carried out electronically in accordance with the land and e-transaction laws.

17/09/2024

New provisions on compensation, support and resettlement upon land recovery by the State

Issued to detail several articles of the 2024 Land Law regarding compensation, support and resettlement upon land recovery by the State, Government Decree 88/2024/ND-CP contain provisions focusing on compensation in land with use purposes different from those of the recovered land or in houses when the State recover land.

13/09/2024

Law on Health Insurance to be revised for better assurance of patients’ interests

The Ministry of Health (MOH) is working to revise the 2008 Law on Health Insurance, focusing on provisions specifying cases in which patients might enjoy full coverage for medical examination and treatment costs without having to follow procedures for treatment-line transfer, cases in which patients are ineligible for health insurance benefits, and persons who are required to participate in health insurance.

04/09/2024