Business News

Government Decree 304/2025, effective December 1, sets stricter conditions for seizing collateral, especially assets that are a borrower’s sole residence or essential work tools. In such cases, lenders must set aside a compensation amount equivalent to six to twelve months of minimum wage. The measure aims to improve transparency in bad debt handling and reduce credit risk in the banking system.

A series of new economic policies will take effect on September 1, 2025, covering supporting industries, innovative startups, higher education, finance and banking, and border trade, the Vietnam News Agency reported. These are major adjustments aimed at encouraging innovation, expanding capital sources, while strengthening financial system safety and transparency in management.

The Government issued Decree 205/2025/ND-CP on amendments and supplements to Decree 111/2015/ND-CP on accelerating development of supporting industries. Effective from September 1, 2025, the new decree introduces a series of support policies regarding technology, human resources, environment, legal frameworks, and investment, and lays a solid foundation for enhancing the competitiveness of Vietnamese companies. 

From May 18, foreign investors can only buy treasury shares if the shares were purchased by Vietnamese credit institutions before January 1, 2021. New policies concerning foreign investors, apartment management fees in Hà Nội, and money printing orders from the State Bank, will come into effect next month. Regarding ownership ratios, the total foreign ownership in a Vietnamese commercial bank cannot exceed 30 per cent of the bank's charter capital and cannot exceed 50 per cent in non-bank CIs.

The Agency for Domestic Market Surveillance and Development (DMS) recently issued Official Dispatch 319/TTTN-NV, dated April 5, 2025, to local Departments of Industry and Trade. The dispatch concerns the implementation of Directive 08/CT-BCT, dated April 4, 2025, from the Minister of Industry and Trade, which outlines solutions to boost domestic market development and stimulate consumption in 2025. 

According to the SBV, after 12 years of implementing the Law on Deposit Insurance, there have been a number of difficulties and problems that need to be resolved to further enhance the role of the Deposit Insurance of Vietnam (DIV).

The Vietnamese government has extended and enhanced tax relief for 2025, offering reductions and deferrals to boost economic growth.

At the meeting between City Leaders and the Leaders of Foreign Business Associations on 22 February 2023, the Department of Labor - Invalids and Social Affairs acknowledged the contributing opinions in connection with the issuance of work permits to foreigners working in Vietnam.