Vietnam

Bảo hiểm tiền gửi chi trả sớm, không cần chờ ngân hàng phá sản

VN Express | Local Language | News | Dec. 12, 2025 | UndeterminedBankruptcy-Insolvency

On December 10, the National Assembly passed an amended Deposit Insurance Law with over 94% approval. Effective from May 1, 2026, the law introduces three cases for deposit insurance payouts: when the State Bank approves a bankruptcy plan for a credit institution or foreign bank unable to pay deposits; when the State Bank suspends deposit-taking activities of a credit institution under special control that has losses exceeding 100% of its charter capital; and when the regulator requires payment to ensure system safety, public order, and social safety. These additions aim to enable timely payouts and stabilize depositor confidence.

The Governor of the State Bank, Nguyen Thi Hong, was assigned to set the maximum payout limit periodically. Currently, the limit is 125 million VND, although some delegates had proposed increasing it. The amended law also expands the role of the deposit insurance organization to include handling credit institutions under early intervention and special control, managing crises, and evaluating recovery and restructuring plans. The organization can provide zero-interest special loans to insured banks and is permitted to borrow unsecured funds at zero percent interest from the State Bank to make early payouts and cover shortfalls in the operational reserve fund.

Siết khí thải phương tiện tại TPHCM, tài xế đăng kiểm xe thế nào?

Dantri | Local Language | News | Dec. 12, 2025 | Regulation

Ho Chi Minh City is enhancing vehicle emissions inspections in line with Government Decision 43/2025, which outlines a roadmap for applying national technical regulations on vehicle emissions. Vehicle inspection centers are required to upgrade their infrastructure and equipment to meet these standards. The Vietnam Register emphasized the importance of creating a comprehensive database of emissions results to enable local authorities to monitor vehicles entering and leaving low-emission zones (LEZs) using smart camera technology.

Decision 43/2025 categorizes vehicle emissions standards by the vehicle's year of manufacture, setting requirements from Level 1 to Level 5, corresponding to Euro 1 through Euro 5 standards. Vehicles operating in Ho Chi Minh City and Hanoi face stricter emissions levels, with vehicles manufactured between 2017 and 2021 required to meet at least Level 4 (Euro 4) by January 1, 2027. Emissions inspections will no longer be simply pass or fail; inspection certificates and stickers will display the specific emissions level a vehicle meets, which will determine its access to certain zones depending on local regulations.

The Vietnam Register will ensure emissions data is integrated into national and police databases, facilitating real-time enforcement through smart cameras at LEZs. For example, if a vehicle’s emissions level does not meet the LEZ requirement, it can be flagged for warnings or fines based on license plate recognition.

Inspection centers such as Center 50-02S report their equipment already meets Decision 43/2025 requirements and foreign standards, capable of providing accurate emissions level results. They noted that only very old or poorly maintained vehicles typically fail inspections, and many well-maintained vehicles made before 2016 still pass emissions tests. Conversely, Center 50-07V is in the process of reassessing whether their equipment can accurately measure specific emissions levels and awaits further guidance from the Vietnam Register before considering upgrades.

Thúc đẩy phát triển công nghệ chiến lược của Việt Nam

Bao Dien Tu | Local Language | News | Dec. 12, 2025 | UndeterminedTech Development/Adoption

On December 10, Vietnam's National Assembly passed the amended High Technology Law with overwhelming support, 437 out of 441 delegates voting in favor. The Law, which consists of 6 chapters and 27 articles, regulates high-technology activities and policies aimed at promoting and developing strategic technologies. It positions high technology and strategic technology as key drivers for rapid and sustainable socio-economic development, defense, security, and technological autonomy.

The Law introduces the highest levels of incentives related to investment, taxation, land, and other areas to support high-technology and strategic-technology activities. It mandates prioritized state budget allocations for research, development, testing, application, and commercialization of these technologies, as well as investments in technical, digital, and technology infrastructure to support digital and green transformations. The Law also promotes stronger collaborations between research institutes, universities, and enterprises, and encourages the development of specialized enterprises and startups in these sectors.

Additionally, the Law provides preferential policies and special mechanisms to attract and develop high-technology human resources, including Vietnamese citizens, overseas Vietnamese, and foreigners with relevant expertise. It ensures favorable living and working conditions for these individuals. The State is committed to issuing timely and transparent policies to foster public-private cooperation, innovation, and ecosystem development. The Law also establishes prohibitions on exploiting high-technology activities for illegal purposes, intellectual property infringements, and unauthorized disclosure or interference with strategic technology.

The Law will come into effect on July 1, 2026, aligning with efforts to further shape Vietnam's advancement in AI, digital transformation, and high technology markets.