Want to be in the loop?
subscribe to
our notification
Business News
POLICIES COME INTO FORCE SINCE DECEMBER
A string of new policies on administrative penalties on measurement, management of State budget on external activities, and supervision of stock transactions will come into effect since December 2017.
Administrative violations on measurements
Decree 119/2017/ND-CP, dated November 1, 2017 stipulates administrative violations in the domain of standard, measurement and quality of products and
goods.
Accordingly, measurement violations will be subject to VND 100 million and VND 200 million in maximum for each individual and each organization, respectively. Violations of standard and quality of products and goods will be imposed penalties of VND 150 million for an individual and VND 300 million for an organization.
Management and use of State budget for external activities
Decree 117/2017/ND-CP, dated October 19, 2017 stipulating on management and use of State budget for some external activities shall take effect on December 10, 2017.
The decree regulates tasks on State budget collection and spending on some external activities; budget estimate and enforcement of some external activities in accordance with the Law on State budget.
Supervision of stock transactions
Since December 8, 2017, stock transactions on the securities market will be regulated under the Ministry of Finance’s Circular 115/2017/TT-BTC.
The Circular clearly stipulates supervisory contents of the State Securities Committee.
Guidance in horse racing
Circular 101/2017/TT-BTC guiding some articles of Decree 06/2017/ND-CP on gambling in dog, horse racing, and international football came into valid from December 1, 2017.
Source: VGP
Related News
HOT NEWS
TRAVEL UPDATE: CAMBODIA INTRODUCES TEMPORARY VISA-FREE ENTRY FOR PRC PASSPORT HOLDERS (INCLUDING HONG KONG AND MACAU)
According to the Ministry of Tourism of the Kingdom of Cambodia, holders of passports issued by the People's Republic of China (PRC), including Mainland China, Hong Kong, and Macau, will be eligible for temporary visa-free entry to Cambodia from 15 June to 15 October 2026. The temporary measure is expected to facilitate tourism, business travel, and people-to-people exchanges between Cambodia and Chinese-speaking markets, including Hong Kong and Macau.
MEMBER CORNER / PROMOTIONS
TEE OFF & STAY AT HOIANA SHORES GOLF CLUB
Unlock exclusive golf and stay privileges reserved for member cardholders. Experience award-winning links golf, premium hospitality, and coastal relaxation with specially curated rates available for a limited time. Booking Period: 15 June – 30 September 2026. All supporting documents and payment details will be provided upon booking confirmation.
PROPERTY / INDUSTRIAL ZONE
HCMC TARGETS 181,000 NEW SOCIAL HOUSING UNITS BY 2030
HCMC plans to build more than 181,000 social housing units between 2026 and 2030, after completing nearly 17,900 units over the past five years, city officials said. Le Duc Anh, deputy head of the Housing and Real Estate Market Management Division under the city’s Department of Construction, said at a socio-economic press briefing in HCMC on June 4 that the city was stepping up efforts to expand social housing supply.
VIETNAM ECONOMY INVESTMENT
VIETNAM TARGETS 5,000 NEW AGRICULTURAL BUSINESSES BY 2031
Vietnam aims to support the establishment of at least 5,000 agricultural enterprises during the 2026-2031 period as part of efforts to build a digital agriculture sector and more sustainable value chains. The target was announced at the ninth National Congress of the Vietnam Farmers’ Union, which opened in Hanoi on June 8.
BANKING / FINANCE / INSURANCE / TAX
OUTSTANDING GREEN LOANS REACH VND828 TRILLION IN 2017-2025
Outstanding green loans in Vietnam have reached VND828 trillion, with 82 credit institutions now extending financing to environmentally sustainable projects. Growing at an average annual rate of more than 20% between 2017 and 2025, green credit has emerged as a key driver for mobilizing and allocating resources to support the country’s green transition and sustainable economic development.
BANKING / FINANCE / INSURANCE / TAX
AROUND VND33.6 TRILLION RAISED FROM G-BONDS IN MAY
The State Treasury raised VND33.63 trillion from Government bond (G-bond) auctions in May, completing 72% of its second quarter issuance plan and nearly one-third of its annual target. According to data released by the Hanoi Stock Exchange (HNX) on June 4, the exchange organized a total of 17 G-bond auctions on behalf of the State Treasury during May.
Events Sponsors
