legal reform

Update news legal reform

Vietnam proposes raising maximum administrative fines to $114,000

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.

Vietnam's institutions are being rewritten at unprecedented speed

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.

Vietnam proposes specialized court with option to appoint foreign judges

The National Assembly is reviewing a draft law to establish a unique court in Ho Chi Minh City with international standards and judicial flexibility.