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
MEMBER CORNER / PROMOTIONS
KNIC EXCLUSIVE GATHERING & NETWORKING 2026: A NEW MEETING POINT FOR INDUSTRIAL INVESTMENT IN HANOI
On October 2, 2026, KN Industrial City (KNIC) will host KNIC Exclusive Gathering & Networking 2026 at the National Innovation Center (NIC) in Hanoi. Building on a series of business networking and investment promotion activities in Ho Chi Minh City and Dong Nai, the event marks a new opportunity for KNIC to connect with businesses, investors, and partners in Northern Vietnam.
MEMBER CORNER / PROMOTIONS
KNIC ENGAGES WITH GOVERNMENT AND HIGH-TECH BUSINESS COMMUNITIES IN CHINA
From Beijing to Shandong, KN Holdings and KN Industrial City are continuing to expand their engagement with government authorities, trade promotion organizations, and high-tech business communities in China. In Beijing, the delegation met with the Center for International Economic and Technological Cooperation under the Ministry of Industry and Information Technology (MIIT), exchanging perspectives on industrial and technology cooperation between the two markets.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER
Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.
TECHNOLOGY
VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS
Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.
GARMENT / TEXTILE
VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS
Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS
Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.
Events Sponsors
