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Update news national assembly news
Hai Phong plans to establish a 6,470 hectare free trade zone (FTZ), offering outstanding investment incentives such as exemptions from land rents and specialized inspections for qualified goods.
The 15th National Assembly (NA) deliberated the draft revised Railway Law at its 9th session on June 18, with the majority of lawmakers stressing that the law is essential to institutionalise the Party’s guidelines and the State's policies.
Minister of Finance Nguyen Van Thang cleared up deputies' concern regarding how to spur socio-economic growth, renew traditional growth motives and establish new momentum for development.
Health Minister Dao Hong Lan affirmed that through competitive bidding, all medications supplied to hospitals must have verified origins. Therefore, while counterfeit drugs may exist in the marketplace, they are not present in hospitals.
“Surplus public assets following local government restructuring will be prioritized for educational and healthcare institutions,” said Minister of Finance Nguyen Van Thang in his address to the National Assembly on June 18.
At a National Assembly session, Defense Minister Phan Van Giang acknowledged the extraordinary challenges and contributions of Vietnam's female UN peacekeepers.
Minister of Construction Tran Hong Minh emphasized that the revision of the Railway Law aims to consolidate all special mechanisms for railway development projects into a single, unified legal foundation.
Starting from July 1, 2025, to December 31, 2026, the value-added tax (VAT) rate will be reduced to 8% for specific goods and services as outlined in Clause 3, Article 9 of the Law on VAT.
The National Assembly's Science, Technology and Environment Committee has urged the drafting agency to seek higher-level approval for special mechanisms and policies outlined in the amended draft of the Railway Law.
The National Assembly passes a historic reform, simplifying local governance to province and commune levels.
On the morning of June 16, the National Assembly passed an amended law on advertising, increasing accountability for advertisers, especially celebrities and influencers.
The amended Employment Law broadens coverage to part-time and short-term contract workers, taking effect in 2026.
Lawmakers have approved a new tax regime targeting public health risks like sugary beverages, tobacco, and alcohol.
With a landmark vote, Vietnam reduces its provinces from 63 to 34, advancing an ambitious plan to streamline governance and foster sustainable development.
Officials push for flexible investment rules to advance major road network project.
The National Assembly debated a bold plan to establish financial hubs in HCMC and Da Nang with advanced regulatory frameworks.
The reform is expected to save more than 190 trillion VND (7.3 billion USD) in the 2026–2030 period.
Vietnam’s upcoming international financial center will follow a “one center, two destinations” model, operating jointly from Ho Chi Minh City and Da Nang.
The National Assembly (NA) is deliberating and voting to pass a resolution on provincial-level administrative unit reorganisation in 2025 at the 9th session on June 12.
Presenting the revised Press Law project, the Ministry of Culture, Sports, and Tourism (MCST) has proposed adding regulations on major multimedia media groups and local press groups.