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Update news vietnam's laws
The National Assembly (NA) unanimously approved a resolution amending key provisions of the Constitution of the Socialist Republic of Vietnam on June 16, with all 470 delegates present at the 9th session voting in favour.
Though no longer holding Vietnamese nationality, a person of Vietnamese origin who is permitted to enter VN may still inherit real estate - such as a house attached to land use rights - and jointly exercise property ownership rights with siblings.
The draft Personal Data Protection Law would prohibit the buying and selling of personal data, with fines up to 10 times the profit gained from such violations.
New amendments seek flexibility for dual nationality and name requirements to encourage contributions from skilled expatriates.
The Ministry of Public Security and local authorities are actively promoting the use of VNeID and guiding citizens through the feedback process to ensure their participation is quick, convenient, and effective.
The amended Railway Law introduces BT, BOT, and leasing models to spur investment and public-private partnerships in infrastructure.
The National Assembly is debating whether to replace capital punishment with life imprisonment for espionage, embezzlement, and drug trafficking.
Prominent Vietnamese showbiz personalities are being accused of endorsing fake milk products and unsafe foods, misleading the public for as long as four years. Experts urge early detection and strict penalties from authorities.
The Ministry of Public Security has proposed adding new principal and supplementary punishments to the draft amended Penal Code, including electronic monitoring and entry bans.
Minister of Science and Technology Nguyen Manh Hung has affirmed that the digital technology industry is crucial for Vietnam’s economic development, calling it a strategic foundation for the country’s future growth.
The National Assembly plans to gather public opinions on constitutional changes from May to June, aimed at streamlining the state apparatus.
Prime Minister Pham Minh Chinh directs ministries to finalize legislative projects to enhance institutional reform and governance.
Experts urge Vietnam to launch a central bank digital currency (CBDC) to regulate digital transactions and integrate with global cryptocurrencies. A legal framework is also under development to govern digital assets.
Export markets, such as South Korea and Japan, have their own regulations and do not ask for the conformity certification mandated by the Vietnamese government, leaving local businesses with extra costs and time wasted on paperwork.
In a unanimous vote, the National Assembly approved renaming extraordinary sessions to irregular sessions, clarifying the legislative framework for urgent decision-making.
In extraordinary circumstances concerning national interests, disaster response, or public safety, the Prime Minister is authorized to implement urgent measures beyond existing legal provisions.
The Vietnamese government is pushing forward two historic legal reforms with the introduction of the revised Law on Government Organization and the Law on Local Government Organization.
Vietnam is creating a strong legal framework for digital transformation with the draft Law on Digital Technology Industry, focusing on innovation and addressing bottlenecks.
Offshore wind power and green hydrogen projects in Vietnam may soon benefit from unprecedented incentives, including fee exemptions, guaranteed electricity volumes, and flexible investment terms, as proposed in a new draft policy.
As Vietnam prepares to enforce the Personal Data Protection Law, businesses must address vulnerabilities in processes, technology, and employee training to avoid hefty penalties.