Vietnam Briefing News

Each week we summarize the most recent, developing, and important Vietnam news into one easy to read digest. Here are the top recent Vietnam news summaries.

Vietnam-Spain Bilateral Relations: Trade and Investment

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We look at the latest data on bilateral trade and investment and discuss the various tax and investment treaties signed by Spain and Vietnam.

Vietnam Advisory on Swapping of Working Days Around April 30 and May 1, 2024 Holidays

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Vietnam’s labor authority MOLISA has proposed a swap of workdays for the 2024 Reunification Day and International Workers’ Day holiday.

Judicial Record Card in Vietnam: Guide to Obtaining a Police Clearance Check

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A criminal record check certificate (Judicial Record Card) is required for foreign employees when they apply for a work permit in Vietnam.

Vietnam Decree 23 Outlines Bidding Processes for Key Sectors Projects

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Vietnam has introduced comprehensive regulations via Decree 23 on the bidding processes for project implementation and investor selection. It follows the New Bidding Law that came into force beginning of 2024.

Vietnam Adopts Hydrogen Energy Strategy to Boost Energy Transition

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In a new strategy, Vietnam has laid out a range of development targets for the hydrogen industry for the period to 2030 and with a vision to 2050, which will support the country’s sustainability and decarbonization goals. The Hydrogen Energy Strategy came into effect on February 7, 2024, and will be of interest to international investors and R&D stakeholders in the energy domain.

Why Cambodia’s Funan Techo Canal Project is Worrying Vietnam

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The Funan Techo Canal project linking Phnom Penh to the coastal province of Kep has socioeconomic, political, and environmental implications for Vietnam.

Vietnam Law on Personal Data Protection: Latest Developments and Insights

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Vietnam’s proposed Personal Data Protection Law is another significant move toward enhancing data privacy and regulatory streamlining. The law is at the development stage, with the Ministry of Public Security seeking critical feedback.

An Investor’s Guide to Vietnam’s Bắc Ninh Province

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Despite being the smallest province in Vietnam, Bắc Ninh province is emerging as an industrial powerhouse in the Red River Delta region.

Vietnam Proposes Regulatory Sandbox for Banking Sector: Draft Decree Guidelines

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A new Vietnam Draft Decree proposes a Regulatory Sandbox in the banking sector focused on three solutions, provided either by credit institutions or fintech companies – credit scoring, open application programming interface (API), and P2P lending.

Vietnam’s State of the Economy: Q1 2024 Report

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Vietnam’s economy saw GDP y-o-y growth at 5.66% and an FDI uptick at 13.4% (as of March 20) in the January-March quarter of 2024 (Q1 2024).

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