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Vietnam to unify railway project mechanisms under revised law

Minister of Construction Tran Hong Minh emphasized that the revision of the Railway Law aims to consolidate all special mechanisms for railway development projects into a single, unified legal foundation.

Vietnam to reduce VAT to 8% and introduce new business ownership rules

Starting from July 1, 2025, to December 31, 2026, the value-added tax (VAT) rate will be reduced to 8% for specific goods and services as outlined in Clause 3, Article 9 of the Law on VAT.

Vietnam aims to attract private investment in railway industry

The National Assembly's Science, Technology and Environment Committee has urged the drafting agency to seek higher-level approval for special mechanisms and policies outlined in the amended draft of the Railway Law.

Vietnam adopts two-tier government structure, phasing out district level

The National Assembly passes a historic reform, simplifying local governance to province and commune levels.

New law bars celebrities from promoting products they don’t understand

On the morning of June 16, the National Assembly passed an amended law on advertising, increasing accountability for advertisers, especially celebrities and influencers.

Vietnam expands unemployment insurance coverage under new law

The amended Employment Law broadens coverage to part-time and short-term contract workers, taking effect in 2026.

Sugary drinks, alcohol, and cigarettes to face higher taxes in Vietnam

Lawmakers have approved a new tax regime targeting public health risks like sugary beverages, tobacco, and alcohol.

Historic resolution marks bold administrative reform in Vietnam

With a landmark vote, Vietnam reduces its provinces from 63 to 34, advancing an ambitious plan to streamline governance and foster sustainable development.

Private sector to contribute over USD 2 billion to HCM City Ring Road 4

Officials push for flexible investment rules to advance major road network project.

Vietnam advances plan for global financial centers in HCMC and Da Nang

The National Assembly debated a bold plan to establish financial hubs in HCMC and Da Nang with advanced regulatory frameworks.

Vietnam now has 34 provincial-level administrative units

The reform is expected to save more than 190 trillion VND (7.3 billion USD) in the 2026–2030 period.

Vietnam bets on two cities for one international financial center

Vietnam’s upcoming international financial center will follow a “one center, two destinations” model, operating jointly from Ho Chi Minh City and Da Nang.

NA adopts resolution on reorganisation of provincial-level administrative units

The National Assembly (NA) is deliberating and voting to pass a resolution on provincial-level administrative unit reorganisation in 2025 at the 9th session on June 12.

Revised press law proposal: introducing a media conglomerate framework

Presenting the revised Press Law project, the Ministry of Culture, Sports, and Tourism (MCST) has proposed adding regulations on major multimedia media groups and local press groups.

Government submits Ring Road 4 HCMC project worth $4.7 billion

The National Assembly will review a massive investment plan for HCMC’s Ring Road 4 project, covering five southern provinces.

Vietnam’s National Assembly to vote on province merger plan tomorrow

The National Assembly is expected to vote tomorrow (June 12) on a landmark proposal to merge administrative units at the provincial level, cutting Vietnam’s number of provinces and cities from 63 to just 34.

Lawmakers propose much higher teachers’ salaries to attract talents

The compilation team of the draft Teachers Law says that teachers should be placed at the highest level of the salary scale.

NA advances constitutional amendments with broad public support

National Assembly Chairman Tran Thanh Man chaired the third meeting of the committee for drafting amendments and supplements to certain articles of the 2013 Constitution in Hanoi on June 9.

Minister defends ban on teachers tutoring own students after heated debate

Education Minister Nguyen Kim Son says teachers must not charge students for lessons that should be covered during school hours.

Fines must be 10 times the profit gained by buying or selling personal data: MPS

The draft Personal Data Protection Law would prohibit the buying and selling of personal data, with fines up to 10 times the profit gained from such violations.