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Vietnam to regulate digital assets with digital law

"When digital assets are defined and regulated, it will contribute to protecting user rights, minimising risks, promoting the digital economy, attracting investment and enhancing innovation," said the VN Blockchain Association's Vice Chair.

New rule: Even a one-day license expiration requires theory test

Starting January 2025, Vietnam’s updated traffic law mandates theory tests for driver’s licenses expired even by a single day, reflecting stricter measures for road safety compliance.

Revised Electricity Law passed: cross-subsidies to be phased out gradually

Vietnam’s National Assembly has approved a revised Electricity Law focusing on fair pricing, renewable energy oversight, and a phased roadmap to eliminate cross-subsidies.

Amended Securities Law prohibits key manipulative behaviors

The revised Securities Law, effective January 1, 2025, outlines six prohibited behaviors to combat stock market manipulation and ensure fair trading.

Vietnam raises retirement age for military officers, caps generals at 415

Vietnam’s National Assembly has passed amendments to the military law, increasing officer retirement ages while capping the number of generals at 415.

Vietnam cracks down on unlicensed games with new regulation

Vietnam’s new regulation compels Google and Apple to enforce game licensing rules, addressing years of unfair competition in the gaming industry.

New Trade Union Law adopted, foreign workers allowed to join trade unions

With a majority of votes in favour, the National Assembly approved the amended Trade Union Law at its ongoing eighth session in Hanoi on November 27.

Law on Value Added Tax secures legislature's approval

The Law on the Value Added Tax was adopted at the 8th session of the 15th National Assembly (NA) in Hanoi on November 26 and is set to come into force in July next year.

Vietnam requires Facebook, Google to remove illegal content in 24 hours

Under stricter online regulations taking effect this December, foreign platforms operating in Vietnam must comply with tighter deadlines for removing illegal content and suspending offending accounts.

Vietnam passes new Cultural Heritage Law with focus on artifact repatriation

The National Assembly has approved the revised Cultural Heritage Law, introducing key measures for the repatriation of Vietnamese cultural artifacts and enhanced heritage protection policies.

National Assembly approves heritage fund for sustainable preservation

The National Assembly has approved amendments to the Cultural Heritage Law, paving the way for the establishment of the Cultural Heritage Conservation Fund to mobilize social resources for preservation efforts.

Proposed tax amendments target income generated by foreign digital businesses

The Vietnamese government has proposed expanding its tax net to include foreign businesses conducting e-commerce and digital transactions within the country.

Vietnam bans online sales of prescription drugs under new pharmacy law

The amended Pharmacy Law prohibits online sales of prescription drugs, with e-commerce platforms required to ensure compliance with new legal standards.

General Secretary: The State should take responsibility for school-age children

On the morning of November 9, addressing the Hanoi delegation of National Assembly deputies, General Secretary To Lam dedicated time to discuss pressing issues surrounding the draft Law on Educators.

Revised Social Insurance Law to expand pension eligibility by 2025

The 2024 Social Insurance Law, effective July 1, 2025, reduces the minimum contribution period for pension eligibility from 20 to 15 years, offering more workers the opportunity to benefit from retirement income and free healthcare coverage.

Vietnam’s law code publicised

A conference was held in Hanoi on November 5 to review the task of codifying legal documents in 2019-2023 and publicise the code, with Deputy Prime Minister Le Thanh Long attending.

Revised Electricity Law to mobilize $70-80 billion in energy investments

The Ministry of Industry and Trade proposes significant changes to the Electricity Law to attract $70-80 billion in investment and enhance energy security.

Revised Public Investment Law: Decentralization empowers local decision-making

The revised Public Investment Law promotes a breakthrough approach to decentralize authority to local governments, minimizing bureaucratic hurdles.

Amended chemical law reduces administrative procedures

The draft of the law was released by a representative of the Department of Chemicals, Ministry of Industry and Trade at a workshop on the amended law and a strategy for the development of Vietnam’s chemical industry, held in Hanoi on October 28.

Draft advertising law: KOLs must be transparent when livestreaming

When livestreaming to advertise products, KOLs (key opinion leaders) need to be transparent about their intentions from the very beginning.