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National Assembly organizational overhaul expected in early 2025

The Vietnamese National Assembly is set to finalize its streamlining and restructuring plan by early 2025, aiming to enhance efficiency and effectiveness across its organizational apparatus.

National Assembly appoints two judges to Supreme People’s Court

The National Assembly has confirmed Nguyen Quoc Doan and Le Tien as new judges of the Supreme People’s Court, completing its full 17-member Judicial Council.

Amended Securities Law prohibits key manipulative behaviors

The revised Securities Law, effective January 1, 2025, outlines six prohibited behaviors to combat stock market manipulation and ensure fair trading.

Finance ministry proposes changes in new personal income tax law

The replacement law is set to be approved by the National Assembly at its 11th session in May 2026.

NA appoints new finance, transport ministers and NA General Secretary

The appointments received high approval rate from the National Assembly.

Vietnam raises retirement age for military officers, caps generals at 415

Vietnam’s National Assembly has passed amendments to the military law, increasing officer retirement ages while capping the number of generals at 415.

Prime Minister proposes new leadership for Finance, Transport Ministries

Prime Minister Pham Minh Chinh has proposed the dismissal of the Finance and Transport Ministers, initiating discussions in the National Assembly.

National Assembly approves $4.8bil cultural development program for 2025–2030

A new cultural initiative in Vietnam will allocate $4.8 billion for domestic and international projects, including overseas cultural centers to strengthen diplomacy.

National Assembly approves ambitious anti-drug program

The National Assembly has approved a VND 22.45 trillion program aimed at eradicating drug crimes and achieving drug-free communities across Vietnam by 2030.

National Assembly reviews proposal for Ninh Thuan nuclear investment

A government proposal to reinvest in the Ninh Thuan nuclear power projects has been submitted to the National Assembly, highlighting the importance of nuclear energy in Vietnam's energy transition.

From 2026, small businesses will be exempt from VAT

From January 1, 2026, individuals and household businesses earning under VNĐ200 million annually will be exempt from VAT.

New Trade Union Law adopted, foreign workers allowed to join trade unions

With a majority of votes in favour, the National Assembly approved the amended Trade Union Law at its ongoing eighth session in Hanoi on November 27.

Law on Value Added Tax secures legislature's approval

The Law on the Value Added Tax was adopted at the 8th session of the 15th National Assembly (NA) in Hanoi on November 26 and is set to come into force in July next year.

Vietnam passes new Cultural Heritage Law with focus on artifact repatriation

The National Assembly has approved the revised Cultural Heritage Law, introducing key measures for the repatriation of Vietnamese cultural artifacts and enhanced heritage protection policies.

National Assembly approves heritage fund for sustainable preservation

The National Assembly has approved amendments to the Cultural Heritage Law, paving the way for the establishment of the Cultural Heritage Conservation Fund to mobilize social resources for preservation efforts.

National Assembly urges stricter taxation on excessive land & housing ownership

Vietnam’s real estate sector faces significant reforms as the National Assembly pushes for higher taxes on underused and multiple properties, aiming to boost efficiency and revenue.

Superior policies urgently needed for Vietnam’s digital technology growth

Le Quang Huy, Chairman of the National Assembly’s Committee on Science, Technology, and Environment, has called for specific, superior, and feasible policies to foster the growth of Vietnam's digital technology enterprises.

Proposed tax amendments target income generated by foreign digital businesses

The Vietnamese government has proposed expanding its tax net to include foreign businesses conducting e-commerce and digital transactions within the country.

Vietnam proposes higher taxes on alcohol, beer, and tobacco starting in 2026

Vietnam’s proposed amendments to the Special Consumption Tax Law outline significant increases for tobacco and alcohol taxes, aiming to meet WHO recommendations.

Vietnam bans online sales of prescription drugs under new pharmacy law

The amended Pharmacy Law prohibits online sales of prescription drugs, with e-commerce platforms required to ensure compliance with new legal standards.