The Model for an International Financial Center: No Room for Delay with Outdated Thinking
Vietnam is exploring models to develop international financial centers, charting a path for Ho Chi Minh City (HCMC) and Da Nang. To rise as a regional financial hub, the choice of model cannot afford hesitation rooted in outdated thinking. Aspiration The year 2024 marked a pivotal moment in Vietnam’s economic institutional reforms. On November 15, 2024, the Politburo issued Notification No. 47-TB/TW, endorsing the establishment of regional and international financial centers in Vietnam. Accordingly, HCMC is set to become a comprehensive international financial center, while Da Nang will serve as a regional financial hub. To implement this policy, on December 31, 2024, the Government issued Resolution 259/NQ-CP, outlining a detailed action plan and assigning 49 task groups to 12 ministries, agencies, and localities. This demonstrates a clear transition from political resolve to concrete action. HCMC plans to utilize a 9.2-hectare…
Process for issuing Temporary Residence Cards to foreigners in Vietnam
Index of the Article What is a Temporary Residence Card? Procedures for Granting Temporary Residence Cards to Foreigners in Vietnam Validity of Temporary Residence Card in Vietnam Introduction When foreigners…
Step-by-Step Guide: How to get a Vietnamese passport amended or annotated
You can apply for passport amendment/annotation if you have a valid Vietnamese passport. The amendment/annotation can be made in the followings: - Amendment in surnames/given name(s)/date of birth/place of birth/gender/number…
Will the permanent residence card for foreigners sponsored by spouses expire after divorce?
I have questions about permanent residence cards for foreigners in Vietnam. According to me reading on the company's Website, the term of the permanent residence card is 10 years. In…
What are the rules regarding compensation for damages resulting from traffic accidents in Vietnam?
1. Grounds giving rise to liability to compensate for damage in Vietnam Pursuant to Article 584 of the Civil Code 2015, the grounds giving rise to liability to compensate for…
Are foreign workers in Vietnam required to contribute to social insurance?
Foreigners working in Vietnam are required to comply with local regulations concerning social insurance (SI), similar to their Vietnamese counterparts. This article breaks down the legal obligations for foreign employees…
Must foreign spouses, parents, or children renounce nationality for Vietnamese naturalization?
Conditions for being permitted to get Vietnamese naturalization 1. Foreign citizens and stateless persons who are permanently residing in Vietnam and applying for Vietnamese naturalization may be permitted to get…
Can children born overseas be registered for birth in Vietnam?
Can children born abroad have their birth registered in Vietnam? What does birth registration dossier for children born abroad who are registered birth in Vietnam include? What are contents of…
Mức phạt hành chính tối đa đối với người đã có vợ nhưng vẫn chung sống như vợ chồng với người khác là bao nhiêu?
Sau khi kết hôn, vợ chồng tôi có 2 con gái. Chồng tôi làm việc ở thành phố, còn tôi sống cùng bố mẹ chồng và 2 con ở quê.…
What is the Divorce Procedure Between Vietnamese Citizens and Foreign Nationals?
Currently, cases of Vietnamese citizens marrying foreigners are becoming increasingly common. However, due to the special nature of this marital relationship involving individuals of different nationalities, resolving divorce issues also…
Comprehensive guide to extending your visa in Vietnam
Vietnam is one of the best countries that you can visit if you want to have a holiday with your family. In addition to having reasonably low prices, Vietnam has…
Lương giáo viên dự kiến lên đến 17,13 triệu đồng/tháng từ 01/7/2026
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