Land price frames would be abandoned and localities would be vested with the power to formulate land price tables every year, according to a draft Land Law (revised) recently revealed by the Ministry of Natural Resources and Environment.

By 2045, the country would operate a fully competitive coal market in all market segments which enables market participants to conduct coal trading activities and provide coal trading auxiliary services in accordance with law and market practices.

In order to achieve net-zero emissions by 2050, the Ministry of Natural Resources and Environment (MONRE) is working on a draft decision promulgating environmental criteria and providing certification of projects eligible for grant of green credit and issuance of green bonds.

Health establishments would have two additional methods to select contractors providing medicines: contractor selection in special cases and contractor selection on the Vietnam National E-Procurement System.

Vietnam sets the target of 60 percent of its workforce participating in social insurance, 45 percent of employees covered by unemployment insurance, and health insurance coverage rate reaching 97.1 percent by 2030.

Foreigners or overseas Vietnamese who wish to practice medical examination and treatment for a long term in Vietnam would have to be proficient in Vietnamese. This is one of new points highlighted in the third draft of the law designed by the Ministry of Health to replace the 2009 Law on Medical Examination and Treatment.

The maximum loan provided by the Vietnam Bank for Social Policies to economic organizations lawfully established and operating in difficulty-hit areas would be lifted to VND 1 billion (USD 42,800) from the current VND 500 million (USD 21,400).

Chairpersons of provincial-level People’s Committees would decide to organize open bidding to select investors for implementation of golf course projects if there are two or more investors meeting preliminary requirements on capacity and experience.

The Ministry of Finance has revealed a draft amended Law on Price for public comments, proposing several new regulations on price valorization, price declaration and price listing.

Startup businesses that offer innovative products or products for use as substitutes for imported goods would be entitled to incentives when participating in bidding packages to supply goods or provide services other than consultancy services.