Under Decision 708/QĐ-BXD, foreign contractors may submit applications directly, by post or online through provincial-level public administrative service centres to apply for construction permits in Việt Nam.
The customs sector is accelerating reforms by removing outdated procedures, digitalising tax and clearance processes, and cutting business conditions to reduce delays and support import-export firms.
The initiative is seen as a strategic move to support the private sector in increasing its international presence in a more comprehensive, effective and sustainable manner.
Investment in ICD construction must align with the approved master plan for the development of the ICD system, as well as other related planning schemes.
Vietnamese commercial banks, which operate in the country’s International Financial Centre (IFC), are not allowed to purchase and sell bonds issued in foreign currency abroad exceeding 7 per cent of their equity.
The Ministry of Finance has proposed fines of up to VNĐ30 million (US$1,180) for individuals trading digital assets on unlicensed platforms under a draft decree on administrative penalties in the crypto-asset sector recently published for public comment.
The 2025 Advertising Law is expected to a transparent legal framework for advertising activities and provide conditions for the healthy development of the digital economy.
The Law on Science, Technology and Innovation, spanning seven chapters and 73 articles, establishes a legal framework to elevate Việt Nam’s sci-tech and innovation capabilities.
Việt Nam’s 2024 Land Law is now undergoing major revisions even before its full rollout, as the Government faces mounting administrative, legal and valuation roadblocks.