Vietnam

Vietnam Net - E | English | News | Jan. 23, 2026 | Corporate Corruption or Fraud

Le Minh Tri, Secretary of the Party Central Committee and Standing Deputy Head of the Central Internal Affairs Commission, revealed that during the 13th Party Congress term, many large-scale, highly organized corruption cases resembling interconnected "ecosystems" were uncovered and addressed. These corruption networks involved banks, securities firms, valuation agencies, and notary offices, with hundreds of affiliated companies manipulating stocks, rigging auctions, distorting public investment, and exploiting crises like the COVID-19 pandemic. The anti-corruption campaign was comprehensive, consistent, and led directly by the Party, significantly strengthening Party discipline, enhancing public trust, and reducing corruption, waste, and misconduct across government levels.

The campaign's success included improved asset recovery and tighter coordination between Party inspection bodies and judicial agencies. Moving forward under the 14th Party Congress, Le Minh Tri emphasized the need to reinforce Party leadership, uphold discipline, and implement a stricter yet humane legal framework that supports economic growth. He stressed the importance of legal and institutional reforms to close loopholes exploited by corrupt actors, eliminate regulatory deadlocks, and align with recent Politburo resolutions focused on legislative innovation and private sector development.

Prevention efforts will focus on strengthening transparency, expanding asset monitoring, and promoting cashless transactions. Empowering prosecutors to initiate lawsuits protecting public interests and encouraging voluntary cooperation for damage recovery are also priorities. The anti-corruption institutions must be efficient, with clear mandates from central to local levels, and policies should protect innovation while sanctioning irresponsibility. Le Minh Tri highlighted the need to foster a culture of integrity through education and to ensure anti-corruption bodies themselves maintain the highest ethical standards to effectively serve as guardians against corruption.

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.

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.