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On the morning of May 12, during the 9th session of the National Assembly, legislators convened in a plenary session to deliberate on the revised draft Law on Corporate Income Tax. National Assembly Deputy Ta Dinh Thi, representing the constituents of Hanoi, voiced his overall endorsement of the government’s explanatory report and the substance of the proposed amendments. He concurred with his fellow deputies on the necessity of further scrutiny and refinement to comprehensively institutionalize the pivotal directives outlined in Politburo Resolutions 57 and 68. National Assembly Deputy Ta Dinh Thi. (Photo: daibieunhandan.vn) Deputy Ta Dinh Thi proposed an amendment to include the chemical industry within the purview of sectors eligible for corporate income tax incentives, as outlined in Clause 2, Article 12 of the draft legislation. He substantiated this proposal with three primary justifications: Firstly, according to the National Assembly Standing Committee’s explanat...

Citizens of Thai Binh province carrying out administrative procedures at the Public Administration Service Center. (Source: VNA) According to a draft amendment to the Law on Organization of Local Governments, district-level administrative units and local governments will be dissolved as of July 1, 2025. This move streamlines the local government model from a three-tier system to a more efficient two-tier structure, removing the district level entirely. The Ministry of Home Affairs has announced that the draft law will be presented to the Government for review and subsequent submission to the National Assembly during its 9th session, anticipated to commence in early May. In comparison to the current law, which consists of 50 articles, the proposed amendment is expected to encompass 51 articles. This includes four new articles, four unchanged, three removed—pertaining to the functions and powers of district-level local governments—and 43 articles that have been revised and s...