Want to be in the loop?
subscribe to
our notification
Business News
NEW POLICIES TAKE EFFECT IN JANUARY
Decree No. 108/2015/ND-CP dated October 28, 2015 of the Government on detailed implementation of a number of Articles of the Law on Special Consumption Tax and the amended Law on Special Consumption Tax will come into effect since January 1, 2016.
The Decree stipulates the scope of adjustment, taxable objects, non-taxable objects, tax refund, tax rates, tax reduction and tax refund.
Decree No. 111/2015/ND-CP dated November 3, 2015 of the Government on the development of support industries covers a series of preferential policies applicable from research and development to technology transfer and production stages.
The Government also issued a list of prioritized auxiliary industry products such as garment, footwear, electronics, automobile production, manufacturing and high technology.
Decree No 115/2015/ND-CP dated November 11, 2015 of the Government guiding the implementation of some articles of the Social Insurance Law 2014 defines maternity regime, female employees as surrogate mothers, pension, survivorship allowance and social insurance fund.
Decree No. 117/2015/ND-CP dated November 12,2015 on establishment, management and use of housing and real estate market information system was issued to build unified database in this area to serve state management and social demand.
Decree No. 122/2015/ND-CP dated November 14 on region-based minimum wages for employees working for companies, cooperative unions, cooperatives, cooperative groups, farms, households, individuals and organizations hiring employees under labor contracts stipulates that the region-based minimum wages shall be increased from VND2.4 million to VND3.5 million per month from January 1, 2016.
Decree No. 123/2015/ND-CP dated November 15, 2015 details and provides measures to implement, the Law on Civil Status.
The Decree covers regulations on submission of required papers for registration of birth, marriage and death
Decision No. 59/2015/QD-TTg dated on November 19, 2015 on multidimensional approach to poverty for the period 2016-2020 will take effect from January 5, 216.
The Decision aims to fix the shortcomings of the income-based poverty measurement method.
Source: VGP
Related News
VIETNAM ECONOMY INVESTMENT
VIETNAM’S SEAFOOD EXPORTS HIT OVER US$10 BILLION IN JAN-NOV
Seafood export revenue in November alone amounted to nearly US$990 million, up 6.6% year-on-year. Key product groups posted solid gains. Shrimp exports rose 11.7% to over US$385 million, supported by strong demand for whiteleg shrimp and lobster. Tra fish shipments increased 9.7% to almost US$197 million, while marine fish, squid, and mollusk exports maintained their recovery.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS HIT NEW RECORD IN JAN-NOV
Vietnam’s agro-forestry-fishery export revenue reached an estimated US$64.01 billion in the first 11 months of 2025, up 12.6% year-on-year and surpassing the full-year record of US$62.4 billion set in 2024. Agricultural exports reached US$34.24 billion, up 15% year-on-year, while livestock products brought in US$567.4 million, a 16.8% increase. Seafood exports rose 13.2% to US$10.38 billion, and forestry products earned US$16.61 billion, up 5.9%.
VIETNAM ECONOMY INVESTMENT
HANOI REPORTS RECORD-HIGH BUDGET REVENUE IN 2025
Hanoi’s budget revenue is estimated to reach VND641.7 trillion in 2025, the highest level ever recorded and nearly 25% above the revised target, according to a report by the municipal government. Data from the city’s socioeconomic performance review shows that total state budget collections in 2025 are projected to reach 124.9% of the adjusted plan and rise 24.9% from 2024, the Vietnam News Agency reported.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
VIETNAM, CHINA TO PILOT TWO-WAY CARGO TRANSPORT AT LANG SON BORDER
Vietnam and China will launch a one-year pilot program on December 10 to allow two-way cargo transport through the Huu Nghi–Youyi Guan international border gates in Lang Son Province, reported the Vietnam News Agency. The Dong Dang-Lang Son Economic Zone Management Board said the trial aims to reduce transport costs and improve customs clearance capacity.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
VIETNAM’S IMPORT-EXPORT VALUE NEARS US$840 BILLION IN JAN-NOV
The total value of Vietnam’s imports and exports was nearly US$840 billion between January and November this year, the highest level ever recorded, according to the National Statistics Office. In its latest report on the country’s socio-economic performance, the National Statistics Office highlighted a series of positive economic indicators, with trade emerging as one of the strongest drivers of growth.
HOSPITALITY / TOURISM / ENTERTAINMENT
OVER 19 MILLION INTERNATIONAL VISITORS COME TO VIETNAM IN JAN-NOV
Vietnam received more than 19.1 million international visitors in the first 11 months of 2025, a 20.9% increase year-on-year and the highest level ever recorded, according to the National Statistics Office. The figure surpasses the full-year record of 18 million arrivals set in 2019, before the Covid-19 pandemic. Nearly two million foreign visitors arrived in November alone, up 14.2% from October and 15.6% from the same period last year.
Events Sponsors
