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Update news vietnam's new laws
Vietnam’s bad debt crisis may see relief as the government moves to codify Resolution 42 into law, granting banks greater authority in seizing and selling collateral. The new legal framework could unlock billions in liquidity for the banking sector.
Vietnam’s draft Personal Data Protection Law aims to prohibit social media platforms from requiring ID card photos for account verification, enhancing user privacy and data security.
The Vietnamese Ministry of Finance is preparing a proposal to pilot a digital currency exchange, Deputy Finance Minister Nguyen Duc Chi announced at the government’s regular press conference on March 5.
According to the SBV, after 12 years of implementing the Law on Deposit Insurance, there have been a number of difficulties and problems that need to be resolved to further enhance the role of the Deposit Insurance of Vietnam (DIV).
The State President’s order on the promulgation of three laws, recently passed by the 15th National Assembly (NA) during its 9th extraordinary session, was announced on February 28 morning.
In major cities across Vietnam, many prime urban areas remain vacant for years due to speculative activity. Instead of fuelling the economy, capital is locked up in real estate.
The Ministry of Industry and Trade (MoIT) has proposed a new green e-commerce law amid concerns over 800,000 tonnes of plastic waste in 2030.