Want to be in the loop?
subscribe to
our notification
Business News
POLICIES TAKE EFFECT SINCE JUNE
Farmers classified as poverty shall receive up to 90% subsidy of insurance premiums, according to the Government’s Decree No. 58/2018/ND-CP on agricultural insurance dated April 18, 2018 and scheduled to take effect since June 5.
Organizations, which apply high technologies in large-scale agricultural production shall receive up to 20% of insurance premium subsidy, the Decree stipulates.
The issuance of the Decree aims to improve the quality of enforcing the national target program on building new-style rural areas in association with restructuring the agriculture sector.
The Government issued Decree No. 59/2018/ND-CP dated April 20, 2018 amending and supplementing a number of articles of Decree No. 08/2015/ND-CP dated on January 21, 2015 on customs procedures and customs control.
The Decree will take effect since June 5.
Decree No. 63/2018/ND-CP, which was issued on May 4, 2018 and takes effect since June 19, stipulates investor’s equity ratio in public-private projects.
Accordingly, investors are responsible for contributing and mobilizing capital for project implementation.
For project with total investment capital of up to VND 1,500 billion, the equity capital that investor must maintain is at least 20% of the total investment capital.
For project with total investment amount of more than VND1,500 billion, investor must maintain at least 20% for portion of up to VND1,500 billion and at least 10% for investment portion that exceeds VND1,500 billion.
Under Decree No. 64/2018/ND-CP dated May 7, 2018, violation in the field of domestic animal and aquaculture feed shall be fined up to VND 200 million.
The Decree will take effect since June 22.
The Government will provide financial support worth up to VND 10 million for each ha of newly planted forest since June 19, according to Circular No. 02/2018/TT-BKHDT of the Ministry of Planning and Investment.
The Circular was promulgated to detail implementation of the Prime Minister’s Decision No. 38/2016/QD-TTg on some policies for forest protection and development.
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
