Prime Minister Pham Minh Chinh has ordered proactive moves to prevent, control and address natural disaster consequences in the coming time as abnormal and unpredictable natural disasters have occurred since early 2024.

Strolling through Thu Sy village in Tien Lu district, Hung Yen province, visitors can see the elders sitting in front of their houses weaving fish and shrimp traps while sharing stories and laughter.

As defined in the 2019 Law on Tax Administration (the Law), fulfillment of tax obligations means full payment of payable tax amounts, late-payment interests, fines for violations of the tax laws, and other state budget revenues.

The Ministry of Finance is working to revise Decree No. 132/2020/ND-CP, adding regulations regarding the determination of related-party transactions between enterprises and credit institutions.

The Ministry of Construction is working on draft revisions of Decree 16 of 2022, proposing to raise the maximum administrative fine to VND 1 billion (USD 39,500) for various construction violations in the fields of real estate business and housing development.

Electronic monitoring would be implemented for offenders eligible for early release, convicts serving suspended sentences, persons undergoing non-custodial reform, and persons subject to house arrest or probation if they once breached the obligations associated with their sentences.

The Investment Support Fund, an off-budget state financial fund, would be formed with the function of receiving, managing and using financial support in cash and in kind to finance and support high-tech investment activities and green transformation.

The Law on Roads, which was passed by the National Assembly in June 2024, will take effect on January 1, 2025.

Vietnam’s archives sector will be built to be modern, meeting the requirements on state management and modernization of the administrative system serving the people, says the 2024 Archives Law.

The Ministry of Industry and Trade has asked local associations and businesses to strengthen coordination in implementing key solutions to promote imports and exports as sea freight rates rise.

The Government on July 12 issued Decree 87/2024/ND-CP, imposing heftier fines for violators in the field of price management.

The Ministry of Industry and Trade (MOIT) is working on revising the 2004 Law on Electricity, with a focus on orientations for power development and renewable energy development, power prices, power market, licensing of electricity activities, power system operation, power safety, and hydropower dam and reservoir safety.

The Ministry of Finance (MOF) has proposed the reduction of corporate income tax (CIT) rates for small-sized and micro enterprises from current 20 percent to 15-17 percent, according to the latest draft revised Law on Corporate Income Tax.

In an interview with Vietnamplus, Lieutenant Colonel Trieu Manh Tung, deputy director of the Cybersecurity and High-Tech Crime Prevention Department under the Ministry of Public Security, said that using biometric solutions to authenticate money transfer transactions is the most advanced measure at present and that Vietnam is a pioneer in the field.

The Ministry of Transport has released a draft decree amending Decree 58 of 2017, with a proposal of putting tourist submersibles into operation and managing them based on their designed operation areas.

Banks providing online banking services would have to adhere to regulations on assurance of information system security at level 3 or higher, proposed by the State Bank of Vietnam in the latest draft circular on such matter.

With 152 articles arranged in nine chapters, the 2024 Law on Organization of People’s Courts is intended to streamline the organizational structure of people’s courts so as to raise their operation quality and efficiency, particularly in the legal process.

With a view to proactively preventing and controlling environmental pollution and degradation and further improving the environmental quality, the Prime Minister on July 8 issued Decision 611/QD-TTg approving the National Environmental Protection Master Plan for the 2021-30 period, with a vision toward 2050.