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Update news legal reform
The government has submitted a bill to the National Assembly that would raise maximum administrative fines to VND1.5 billion ($57,000) for individuals and VND3 billion ($114,000) for organizations, drawing concerns over affordability and enforcement.
Prime Minister Le Minh Hung is pushing ministries and local authorities to cut business requirements and administrative red tape. While reforms have unlocked thousands of stalled projects, businesses say implementation gaps remain a major obstacle.
The National Assembly is reviewing a draft law to establish a unique court in Ho Chi Minh City with international standards and judicial flexibility.