Vietnam National Assembly discusses land, housing, and tax law reforms

National Assembly of Vietnam land tax reform housing law tax exemptions legislative amendments

During the second session of the 16th National Assembly, Vietnamese lawmakers are deliberating several significant legislative amendments. Key discussions include the draft Law on Land, the Law on Housing, and the Law on Real Estate Business. Prime Minister Le Minh Hung emphasized that housing policies must prioritize providing affordable accommodation for citizens, particularly low-income earners, students, and public officials.

The Ministry of Finance has proposed several tax reforms. A notable proposal includes a 0.2% tax rate on abandoned or underutilized land without a specific area quota to discourage land speculation. Additionally, the government is considering tax exemptions for non-profit educational and scientific institutions, as well as for businesses and individuals providing catering services to schools and medical facilities.

Other legislative items under review include the Law on the State Budget, the Law on Bidding, the Law on Investment, and the Law on Food Safety. The draft Law on Food Safety proposes a shift toward risk-based management and post-inspection throughout the supply chain to ensure food safety from production to market.

Entities

Government of Vietnam · Hoàng Thanh Tùng · Le Minh Hung · Ministry of Construction · Ministry of Finance · Ministry of Justice · National Assembly of Vietnam · Nguyen Hong Dien · Ngô Văn Tuấn · Pham Thi Hong Yen · To Lam · Tran Thanh Man

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] The Politburo aims to reform salary and remuneration policies based on job positions and performance. soha.vn
[● 6 SOURCES] The National Assembly is reviewing amendments to the Electricity Law. nangluongvietnam.vn · baogialai.com.vn
[○ 1 SOURCE] Lawmakers suggested improving the Law on Asset Auctions to prevent collusion and price manipulation.
[● 2 SOURCES] Proposed electricity reforms include a roadmap to eliminate cross-subsidies between customer groups.
[● 2 SOURCES] The draft law seeks to expand direct power purchase agreements (DPPA) for large consumers. nangluongvietnam.vn
[● 5 SOURCES] The National Assembly is discussing laws regarding organ donation and medical examination.
[● 4 SOURCES] The draft law includes a roadmap for applying peak and off-peak electricity pricing to residential customers. baogialai.com.vn
[● 3 SOURCES] Prime Minister Le Minh Hung stated that a stable power supply is necessary for double-digit economic growth.
[○ 1 SOURCE] The draft law aims to simplify administrative procedures and reduce business conditions for tobacco-related sectors.
[● 2 SOURCES] The draft law proposes a ban on the display of tobacco products.
[● 2 SOURCES] The draft law proposes a ban on electronic cigarettes and heated tobacco products.
[○ 1 SOURCE] The proposal includes abolishing business conditions for tobacco addiction cessation and replacing them with technical standards.