Hanoi (VNA) – Under the agenda for the second session of the 16th National Assembly, deputies will discuss in plenary two draft laws on October 29, namely the amended Land Law and the Law on Small- and Medium-sized Enterprise (SME) Development.
The draft amended Land Law comprises 13 chapters and 112 articles, three chapters and 148 articles fewer than the 2024 Land Law.
The draft no longer provides for land-use planning as a separate category, but instead stipulates land-use content in provincial-level planning.
At the commune level, land-use plans will be drawn up in a simplified and digitalised form, incorporating relevant content from provincial-level planning, urban and rural planning, and detailed sectoral plans. These will serve as a basis for state management of land.
Regarding land allocation, land leasing and changes in land-use purposes, the draft clearly specifies cases in which land may be allocated or leased without auction or bidding, as well as cases requiring auctions of land-use rights or bidding to select investors for project implementation. It also allows individuals leasing land from the State to choose between a one-off payment and annual payments.
The draft law also introduces new provisions on compensation, support and resettlement when the State recovers land.
Regarding land finance and pricing, it removes provisions on specific land prices and land price appraisal consultancy organisations, focusing instead on refining the principles and bases for land pricing, land price tables and land price adjustment coefficients. It also adds regulations on the rates used to calculate land-use fees, land rental and compensation.
In addition, it stipulates that each land parcel will be assigned a unique identification code.
Meanwhile, the draft Law on SME Development comprises four chapters and 35 articles. It builds on provisions of the existing Law on Support for SMEs that remain relevant, while amending and supplementing those that no longer meet requirements in reality.
It reviews and clarifies the relationship between the Law on SME Development and sector-specific laws, positioning the former as the overarching legislation governing policies to support businesses.
Where different laws contain conflicting provisions on the same support measure for SMEs, the bill stipulates that the Law on SME Development will prevail, ensuring consistency, transparency, ease of application and compliance with Vietnam’s international commitments.
The support policies aim to promote the fast and sustainable development of the SME sector, increase the number of businesses, improve the quality and efficiency of their operations, strengthen their competitiveness and contribution to the economy, and generate jobs and sustainable growth./.
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☀️ Morning digest on October 29
The following is a list of selected news summaries reported last night by the Vietnam News Agency.
PM pushes clear timelines for APEC Year 2027 preparations
PM Le Minh Hung said a successful APEC 2027, especially the Economic Leaders’ Week, will leave Vietnam’s mark on APEC and international friends, and help connect global resources for socio-economic development of the country, localities and businesses.
Vietnam wants deeper ties with Belarus: Prime Minister
Vietnam always follows and congratulates Belarus on its development gains under the leadership of President Aleksandr Lukashenko, PM Le Minh Hung said, praising positive results of bilateral cooperation, especially since General Secretary of the Communist Party of Vietnam Central Committee To Lam’s state visit to Belarus in May 2025.
Vietnam, Dominican Republic pledge wider people-to-people exchanges
The host welcomed Miguel Mejia’s 12th visit to Vietnam, saying the MIU chief’s bridge role should help expand people-to-people exchanges and connect Dominican social organisations with Vietnam for closer solidarity and mutual development.
Inspection commission proposes discipline against former Cao Bang officials
The former officials were said to have shown degradation in political thought, morality and lifestyle; violated Party rules and State law in performing their assigned duties, and in the fight against corruption, wastefulness and misconduct; and breached rules on what Party members are banned from doing and responsibility for setting an example, causing very serious consequences and badly damaging the reputation of the local Party Organisation and authorities to an extent that disciplinary action is required.
Vietnam, Belarus seek ways to strengthen strategic partnership
Trung affirmed that Vietnam attaches importance to its traditional friendship and strategic partnership with Belarus. He expressed appreciation for the valuable support and assistance extended by the Belarusian people to Vietnam during its past struggle for national independence and its current process of national construction and development.
Vietnam, Dominican Republic strengthen parliamentary cooperation
To advance bilateral ties, NA Vice President Nguyen Thi Hong proposed increasing exchanges at all levels, maintaining contacts between leaders and legislators, boosting the effectiveness of the parliamentary friendship groups, sharing more legislative information and experience, and expanding economic, trade and investment partnerships in line with the strong political and diplomatic relationship.
Top leader urges Ho Chi Minh City to strengthen autonomy, implementation capacity
The top leader urged the city to review all delayed tasks, assign clear responsibilities and deadlines, identify bottlenecks, resolve matters within its authority and make specific proposals on issues beyond its remit.
Ambassador pledges to help deepen Vietnam-Malaysia Comprehensive Strategic Partnership
Vietnamese Ambassador to Malaysia Pham Thi Thuy Nga said the elevation of bilateral ties to a comprehensive strategic partnership in November 2024 has opened a new phase of development with high expectations.
Ho Chi Minh City official welcomes WEF Managing Director
Ho Chi Minh City hopes the WEF will continue promoting this message among the global investment community. It also expects the WEF’s Annual Meeting in Davos, Summer Davos in China and Autumn Forum in Vietnam to form a more comprehensive and in-depth ecosystem.
☕ Afternoon briefing on October 28
The following is a brief review of the day’s events as reported by the Vietnam News Agency.
Top leader urges economics university to develop high-quality human resources, nurture talent
The university must strive to meet advanced standards in training, research and community service, and enhance its reputation regionally and internationally. Its growth must contribute to strengthening the country’s development capacity and bring tangible benefits to the people, said General Secretary of the Communist Party of Vietnam Central Committee and President To Lam.
Vietnam ready to innovate to create value together: PM
Vietnam wants international partners not merely to “invest in Vietnam”, but to “invest with Vietnam”; not merely to “manufacture in Vietnam”, but also to engage in research and development (R&D), promote innovation and create new value chains competitive at both regional and global levels.
Prime Minister receives WEF Managing Director
Prime Minister Le Minh Hung thanked Managing Director of the World Economic Forum Stephan Mergenthaler and WEF partners for their longstanding cooperation with Vietnam and contributions to making the Autumn Economic Forum an open and substantive platform for dialogue among governments, businesses and the scientific community.
Vietnam, UAE hold third political consultation between foreign ministries
At the meeting, the two officials reviewed progress in bilateral relations in recent years and discussed measures to further deepen and broaden cooperation in a more effective and comprehensive manner in the time to come. They agreed to strengthen Vietnam-UAE cooperation to enhance each country’s autonomy and resilience and diversification of its partnerships amid rapid global changes, complexity and uncertainty.
Vietnam, UN step up cooperation on information, communications, digital governance
Vietnam places strong emphasis on ensuring equal access to information, advancing inclusive digital transformation and expanding internet infrastructure, particularly in remote and disadvantaged areas, so that all people could benefit from scientific and technological advances.
☀️ Morning digest on October 28
The following is a list of selected news summaries reported last night by the Vietnam News Agency.
Vietnam, Dominican Republic seek to advance cooperation agreement between CPV, MIU
At the talks, the two sides agreed on measures to further strengthen ties between the CPV and the MIU and between Vietnam and the Dominican Republic.
NA President receives leaders of international audit organisations
NA President Man called on the State Audit Office of Vietnam to selectively adopt international experience, and draw lessons from its own practical work to share with international partners, thereby making more substantive contributions to the global public audit community.
NA President receives Chairman of Korea–Vietnam Friendship Association
The NA President expressed his deep appreciation for the sincere sentiments and support extended to Vietnam by the Republic of Korea’s organisations, associations, businesses and friends, underscoring the important role of people-to-people diplomacy in strengthening the social foundations of bilateral ties, deepening mutual understanding between the two countries’ people and translating the substance of the Vietnam–RoK Comprehensive Strategic Partnership into concrete outcomes.