nhà cái bet88New economic policies take effect from May, 2025

- Circular 07/2025/TT-BKHDT (Circular 07), issued by the Ministry nhà cái bet88 Planning and Investment (now the Ministry nhà cái bet88 Finance) on February 13, 2025, providing regulations on statistical classification according to economic types, will takes effect from May 1, 2025.

The Circular aims to establish a unified statistical classification system for economic units, serving state statistical activities. This classification helps identify and categorize economic units with similar characteristics into corresponding economic types, providing a basis for accurate and efficient collection, analysis, and reporting nhà cái bet88 economic data.

The statistical classification system by economic type is divided into two levels:

+ Level 1 comprises four economic types namely State-owned economy, collective economy, private economy and FDI economy.

+ Level 2 consists nhà cái bet88 17 economic types, each coded with two digits corresponding to Level 1.

- Circular 18/2025/TT-BCT issued by the Ministry nhà cái bet88 Industry and Trade on March 13, 2025, which supplements regulations on the mechanism for managing gasoline prices, will take effect from May 2, 2025.

Based on data on factors that make up gasoline prices in line with regulations and opinions participating in managing gasoline prices nhà cái bet88 the Ministry nhà cái bet88 Finance in writing, the Ministry nhà cái bet88 Industry and Trade announces the basic price and the selling price nhà cái bet88 gasoline.

In case necessary, in order to ensure the supply nhà cái bet88 gasoline for the domestic market, the Ministry nhà cái bet88 Industry and Trade shall specify the progress nhà cái bet88 importing and purchasing gasoline domestically or adjust the total minimum gasoline source for traders to implement.

Petroleum traders, petroleum distributors with petroleum warehouses owned by other petroleum traders for lease are responsible for reporting quarterly on the situation nhà cái bet88 warehouse use and lease according to the issued form to the Ministry nhà cái bet88 Industry and Trade and the Department nhà cái bet88 Industry and Trade at the warehouse lenders before the 10th nhà cái bet88 the first month nhà cái bet88 the following period.

- Under Decree No. 69/2025/ND-CP, amending several provisions nhà cái bet88 Decree No. 01/2014/ND-CP regarding foreign investment in Vietnamese financial institutions, foreign investors could only buy treasury stocks which were purchased by credit institutions before January 1, 2021.

Total foreign ownership in Vietnamese commercial banks is capped at 30 per cent, with some exceptions, while that in non-bank credit institutions is no more than 50 per cent.

In special cases involving weak or troubled financial institutions, the Prime Minister is in charge nhà cái bet88 deciding on ownership percentage nhà cái bet88 a foreign organization or a strategic foreign investor.

The new decree also paves the way for foreign ownership in commercial banks undergoing mandatory transfers to exceed 30 per cent but not surpass 49 per cent nhà cái bet88 charter capital, provided the bank is not majority state-owned.

If foreign investors surpass the regulated thresholds, they must reduce their ownership percentage within six months to comply with the limits.

The decree will come into effect on May 19.