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On November 30, during its 8th session, Vietnam’s 15th National Assembly approved the much-anticipated Data Law, setting a significant milestone in the nation’s digital transformation journey. Passed through a streamlined single-session procedure, this law underscores Vietnam’s commitment to leveraging technology for comprehensive digital development. It provides a legal framework to establish a robust digital infrastructure,…
28
Nov
Nov
The Vietnam M&A Forum, one of the country’s most prestigious platforms for mergers, acquisitions, and investment connections, celebrates its 16th edition this year. Organized by Vietnam Investment Review under the direction and sponsorship of the Ministry of Planning and Investment, the Forum takes place amid a global economic recovery and renewed vibrancy in Vietnam’s M&A…
02
Dec
Dec
The Vietnam M&A Forum 2024, a prominent event dedicated to mergers and acquisitions and investment connectivity, marks its 16th edition under the organization of the Vietnam Investment Review and the guidance of the Ministry of Planning and Investment. Over the past 15 years, the Forum has attracted over 650 renowned speakers and more than 7,500…
01
Dec
Dec
On November 1, 2024, the State Bank of Vietnam (SBV) issued Decision No. 2411/QD-NHNN, establishing the maximum interest rates applicable to Vietnam-dong (VND) deposits of organizations and individuals at credit institutions and foreign bank branches. These regulations, implemented under Circular No. 48/2024/TT-NHNN, aim to regulate interest rates and ensure stability in the financial market. The…
26
Nov
Nov
The State Bank of Vietnam (SBV) has recently released a draft circular outlining key principles for mergers and consolidations involving credit institutions. The proposed framework aims to ensure compliance, transparency, and stability throughout the merger and consolidation process, safeguarding the rights of stakeholders while adhering to the relevant laws. Five Key Principles for Mergers and…
26
Nov
Nov
In October 2024, the Vietnamese Government submitted a draft amended law on Value-Added Tax (VAT) to the National Assembly for appraisal. The proposed amendments introduce significant changes, particularly in the taxation of foreign suppliers conducting e-commerce or digital platform-based business in Vietnam. These updates aim to enhance tax compliance and address the evolving digital economy….
28
Nov
Nov
The Ministry of Finance (MOF) has proposed a policy aimed at reducing the financial burden on businesses and individuals, thereby stimulating production and business activities. Under this proposal, organizations, enterprises, households, and individuals directly leasing land from the State with annual land rental payment obligations may benefit from a reduction in their 2024 payable land…
30
Nov
Nov
The Government of Vietnam has announced a significant structural reorganization of the State Bank of Vietnam (SBV), effective from January 5, 2025. Among the key developments, the newly established Department of Anti-Money Laundering will officially begin operations as an independent unit under the SBV. This change is part of Government Decree 146, issued on November…
16
Nov
Nov
The Vietnamese government has unveiled an ambitious national strategy for blockchain technology development, outlined in Prime Minister Decision 1236/QD-TTg dated October 22. This comprehensive plan aims to position Vietnam as a regional leader in blockchain innovation and application by 2030, marking a significant step toward digital transformation. Strategic Vision and Milestones 2025 Objectives 2030 Goals…
17
Nov
Nov
The Ministry of Finance has issued Circular No. 68/2024/TT-BTC, which introduces significant amendments to securities transaction regulations, particularly affecting foreign institutional investors. The new circular, effective from November 2, 2024, modifies several existing regulations regarding securities trading, clearing, and payment procedures. Key Changes for Foreign Institutional Investors A notable amendment introduced through Clause 1, Article…
