From July 1, 2025 to December 31, 2026, the VAT rate will be reduced to 8% from 10% for goods and services specified in Clause 3, Article 9 of the Law on VAT No. 48/2024/QH15.

The implementation results of socio-economic development plans in 2024 and the first months of 2025 are among issues under discussion on June 17.

The draft amended Penal Code and a draft law on amendments and supplements to certain articles of the Criminal Procedure Code are among issues under discussion on May 20.

This amendment aims to allow public employees who are scientists to establish and manage businesses that trade in researched scientific products.

Some 2,100 new businesses were established in the first week of 2021, a 46 percent increase year-on-year, according to an official from the Ministry of Planning and Investment (MPI).

The Presidential Office held a press conference in Hanoi on July 10 to announce the President’s order promulgating ten laws adopted at the recent ninth session of the 14th-tenure National Assembly.

The National Assembly approved the Law on Enterprises (revised) with 90.68 percent of votes in the morning of June 17.

National Assembly deputies will vote on the revised Law on Enterprises and the law amending and supplementing some articles of the Law on Natural Disaster Prevention and Control and the Law on Dykes on June 17 morning.

The draft Vietnam border guard law and the draft revised law on Vietnamese guest workers under contract will be among those to be scrutinised on the second day of the ninth session of the 14th National Assembly (NA) on May 21.

As the Law on Enterprises is no longer suitable due to heavy burdens of administrative procedures it placed on local firms, a revised bill is necessary to better the business climate and enhance the competitive edge of the economy, according to the Central Institute for Economic Management (CIEM).

Vietnam is committed to opening door for foreign investors, especially in the field of services, according to the roadmap in signed bilateral and multilateral free trade agreements.

The Vietnamese Government is willing to create favourable conditions for Nike to operate in the long run in Vietnam, Deputy Prime Minister Vuong Dinh Hue said while receiving Nike Vice President Chris Helzer in Hanoi on December 17.

Economics experts has called for an independent law to be set up focusing on household businesses.

Vietnam must continue to improve on its Law on Enterprises, experts and researchers said at a law conference in Hanoi on November 18.

The Ministry of Planning and Investment (MPI) is accelerating the compilation of a draft law on investment in the public-private partnership format and another to amend and supplement the Law on Investment and the Law on Enterprises.

For many households doing business in the traditional way for a long time, investing more in technology and making accounting books are what they do not want.

The inflow of foreign direct investment (FDI) has helped Vietnam access advanced technology in the world, said Director of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment Do Nhat Hoang.

Ho Chi Minh City has applied several measures to boost the development of enterprises, including turning business households into companies.

The equitisation plans of eight State-owned enterprises (SOE) were approved in the first half of 2018, with a total value of 29.37 trillion VND (1.29 billion USD), including more than 15.16 trillion VND (667.04 million USD) of State capital, the Ministry of Finance has reported.

The Ministry of Industry and Trade (MoIT) has requested the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) to hold an extraordinary shareholders’ meeting to review personnel matters.