Vietnam

Bảo đảm cả nước không quá 3.000 dự án sử dụng vốn ngân sách trung ương

Dantri | Local Language | News | Jan. 23, 2026 | Regulation

On January 21, Minister of Finance Nguyễn Văn Thắng presented a paper at the Party’s 14th Congress outlining the need to perfect financial institutions and laws to support rapid and sustainable national development. The Ministry of Finance has actively contributed to removing bottlenecks by submitting key resolutions and issuing numerous legal documents to enhance economic competitiveness. Achievements include a 37.6% increase in registered enterprise capital since 2020, state budget revenues nearly 9.9 million billion VND, and significant growth in public investment and stock market capitalization.

Despite these successes, challenges remain such as aligning financial laws with technological advances, uneven policy implementation, inefficient capital use, and an underdeveloped capital market that has yet to become a primary channel for long-term economic capital. The government aims for an average GDP growth of 10% annually by 2030, reaching a per capita GDP of about 8,500 USD, with social investment capital around 40% of GDP.

To achieve these goals, the Ministry of Finance will prioritize issuing guiding documents for new laws early in 2026 and institutionalizing Party resolutions to drive economic component development. Emphasis will be placed on strengthening the state economy’s leading role, developing the private sector as the key growth driver, supporting cooperatives, and attracting foreign investment. An expansive fiscal policy closely coordinated with monetary and other policies will be pursued to ensure economic growth and financial stability.

A key strategy is restructuring public investment by improving efficiency, focusing resources on breakthrough projects, and limiting the number of central government budget-funded projects nationwide to no more than 3,000 to better leverage investment from other economic sectors. Additionally, stock market development will deepen to mobilize medium- and long-term capital effectively, including attracting international funds. The Ministry commits to advancing law enforcement and financial policies to ensure sustainable and synchronized economic growth in line with the Party’s 14th Congress objectives.

Phân cấp thực hiện thủ tục hành chính về hóa chất

Bao Dien Tu | Local Language | News | Jan. 23, 2026 | Regulation

Circular No. 01/2026/TT-BCT outlines regulations for decentralizing administrative procedures related to permits for production, business, and combined production-and-business of chemicals requiring special control in groups 1 and 2. It covers the issuance, reissuance, amendment, and extension of export and import permits, chemical safety forms, logbooks for monitoring chemical activities, and the establishment of a Sectoral Chemical Database. The Circular also includes templates and deadlines for chemical management, as well as regulations on hazardous chemicals that must be publicly reported under the Ministry of Industry and Trade’s authority.

Under the decentralization framework, Provincial People's Committees are responsible for managing permits related to group 2 chemicals for organizations with their principal business location in the province. They handle dossiers for production, business, or storage activities limited to their locale and coordinate with other provinces if the organization operates in multiple localities. The Department of Chemicals manages permits for prohibited chemicals, group 1 chemicals, both groups 1 and 2, and oversees activities like certificate issuance for chemical storage services and new chemical appraisals.

The Circular specifies timelines for processing and coordination between Provincial People's Committees when organizations operate in multiple localities. It mandates updating permits on the Sectoral Chemical Database within seven working days after issuance for proper monitoring. It also states that organizations holding valid permits for group 2 chemicals must apply to the Department of Chemicals for permits if they intend to operate with group 1 chemicals.

Additionally, the Circular reiterates that prohibited chemicals, as defined by the Law on Investment, are not allowed for use in the industry and trade sector unless authorized by a competent authority. The Circular aims to streamline permit administration and enhance state chemical management through decentralization and digital transformation.

Quy định mới về điều kiện sản xuất, buôn bán thuốc bảo vệ thực vật

Bao Dien Tu | Local Language | News | Jan. 23, 2026 | Regulation

Decree No. 33/2026/ND-CP introduces updated regulations on the production and trade of plant protection drugs, amending Decree No. 66/2016/ND-CP to align with the Law on Investment and reduce business conditions as per Prime Minister’s Decision No. 1671/QD-TTg dated 05/8/2025. It revises requirements related to conditions, procedures, and authority for granting, re-granting, and revoking Certificates of Eligibility for Production and Trade of plant protection drugs.

For production, organizations must comply with Article 61 of the Law on Plant Protection and Quarantine, requiring that managers have a university degree in relevant fields and that workers receive chemical safety training. Production facilities must be located in industrial zones and adhere to national safety regulations for handling hazardous chemicals. Equipment used must also meet prescribed safety and technological standards.

In trading, individuals or organizations must ensure that sellers have at least intermediate qualifications or professional training certificates in related disciplines. Trading locations must be separated from food services, schools, and hospitals, with warehouses following safety standards including specific shelving requirements for retail storage.

Applications for Certificates of Eligibility for Production/Trade must include an application form and a statement of compliance with conditions. Submissions can be made in person, online, or by mail to the designated agency appointed by the Chairman of the Provincial People's Committee. The agency will respond on dossier completeness within one working day for electronic or postal submissions. Certification issuance involves dossier appraisal, on-site inspections, and evaluation reports, with timelines of 20 working days for production certificates and 10 working days for trading certificates. The provincial chairman decides on issuance within five working days after appraisal.

Certificates may be revoked due to alteration, repeated administrative violations related to plant protection and quarantine, or other legally defined grounds. The authority for granting, re-issuing, and revoking certificates rests with the Chairman of the Provincial People's Committee. Renewal dossiers must be submitted at least three months before certificate expiration for continued eligibility.