Outstanding economic policies effective from April 2025

Piloting commercial housing projects under agreements on land use rights, allocating public investment capital and managing funds to support sustainable business operations... are prominent economic policies that will take effect from April 2025.

Many prominent economic policies take effect from April 2025.

Pilot commercial housing projects

On November 30, 2024, the National Assembly passed a resolution to pilot commercial housing projects based on the form of land use rights agreements, effective from April 1, 2025.

Accordingly, real estate enterprises wishing to change the purpose of using agricultural land and receive land use rights transfer to implement projects must be approved by the Provincial People's Council. The pilot project must be implemented on land that meets the requirements according to the district-level land use planning, construction planning, urban planning and is consistent with the approved local housing development program and plan. In the case of land with defense and security purposes that has been planned for conversion, the enterprise must supplement the approval document from the Ministry of National Defense or the Ministry of Public Security before implementing the project.

Regulations on allocation of public investment capital for the period 2026–2030

Resolution 70/2025 stipulates the principles, criteria and norms for the allocation of public investment capital from the state budget for the period 2026–2030, effective from the beginning of April 2025.

The allocation of capital must ensure concentration, efficiency, and not be spread out, prioritizing investment in key national projects, transport infrastructure, digital transformation, energy and water security, while complying with the principles of publicity and transparency. The order of priority in capital allocation includes: ; Urgent public investment projects; National target programs and key national projects; Repayment of advanced capital and settlement of construction debts; Completed projects that have not been fully funded; Programs using ODA capital and international loans; Public-private partnership projects as prescribed.

The Resolution also points out the division of capital sources between the central and local budgets, domestic capital and foreign capital, with priority given to mountainous, border and island localities to narrow the development gap. The central budget is expected to allocate a maximum of 30% to supplement targeted funding for localities, allocated by sector and field (excluding capital from the National Target Program, ODA or preferential loans), while the remaining amount will be implemented by specific ministries and central agencies according to regulations and order of priority.

New regulations on fees for maintaining the digital signature certificate verification system

The Ministry of Finance has issued Circular 13/2025/TT-BTC with the aim of regulating the collection level, collection, payment, management and use of fees for maintaining the digital signature certificate status verification system, effective from April 10, 2025.

According to this circular, organizations with a business license to provide trusted services, including units licensed to certify public digital signatures under the Law on Electronic Transactions 51/2005/QH11, must pay system maintenance fees.

The fee is set at VND 3,000/month/certificate for organizations and enterprises; and VND 4.2 million/month/certificate for timestamp issuance and data message certification for organizations providing trusted services.

The fee is calculated from the month the certificate is valid until the month before it expires, is suspended or revoked. Of which, the fee-collecting organization is allowed to retain 85% to cover costs, and the remaining 15% will be paid to the state budget. If the fee-collecting organization is a state agency that does not allocate expenditures, the entire collected fee will be transferred to the budget.

Regulations on management of funds to support sustainable business enterprises

According to Circular 09/2025/TT-BTC of the Ministry of Finance, effective from April 20, 2025, guidelines on management and use of state budget funds have been issued to implement the Program to support private sector enterprises in sustainable business for the period 2022–2025.

This Circular stipulates the necessary expenses to develop a sustainable business ecosystem, including the development of documents, connecting enterprises with credit institutions and investors, providing experience sharing, raising awareness, as well as building a network of consultants to support small and medium-sized enterprises.

H.A (Economic and Environmental Newspaper)