HCMC – Vietnam will launch its domestic carbon market on August 1 as part of a broader package of economic policy changes taking effect next month.
Under Decree 119/2025, the carbon market will include a national registry, a trading platform, and mechanisms for carbon credit exchange and offsetting. The Government plans to implement an emissions quota auction system by 2029 and develop a legal framework for integration with the global carbon market.
Other policies taking effect include changes to state capital management. Companies with over 50% state ownership must revise their charters and internal financial rules by the end of 2026, under the new Law on Investment and Management of State Capital in Enterprises.
In the banking sector, Decree 135/2025 introduces rules on capital structure, profit allocation, asset investment, and capital adequacy for credit institutions and foreign bank branches. The changes apply particularly to those with state investment.
On August 11, three transport infrastructure resolutions will take effect. These include projects for Beltway No. 4 in HCMC, the Quy Nhon–Pleiku expressway, and revised funding for the Bien Hoa–Vung Tau expressway. Combined, the projects are worth over VND160 trillion.
From August 15, government staff working in digital transformation and cybersecurity will receive a monthly allowance of VND5 million. The same day, updated health insurance rules will come into force. These include adjustments to contribution requirements and agency responsibilities, as well as procedures for issuing both physical and electronic insurance cards.
