Accordingly, the Prime Minister approved the reduction and simplification of administrative procedures related to production and business activities in seven areas: press; privileges and immunities; international conferences and seminars; operations of research organizations and bilateral cooperation; visa exemption; entry and exit; and notarization.
In addition, the Prime Minister approved the addition of online implementation through the National Public Service Portal and the reduction of processing times for the following procedures: the procedure for establishing a permanent office of foreign press agencies in Vietnam; the procedure for assigning resident correspondents to other localities in Vietnam; and the procedure for granting press operation licenses in Vietnam to non-resident foreign correspondents, among others.
The Prime Minister approved the reduction of the processing time for the issuance of the visa exemption certificate at Vietnamese representative missions abroad from two working days to one working day; and the addition of the option of submitting applications via postal services for the procedure of granting visas to foreigners at competent Vietnamese visa-issuing authorities abroad.
At the same time, the processing time for the notarization of the authenticity and legality of contracts and transactions is reduced from no more than two working days to within 24 working hours; for contracts and transactions with complex contents, the notarization period is reduced from no more than ten working days to six working days.
In addition, the Prime Minister authorized agencies to use digital signatures and digital seals when submitting applications for the issuance of diplomatic passports and official passports at domestic offices of the Ministry of Foreign Affairs.
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(L&D) - On October 15, the Government promulgated Decree No. 264/2025/NĐ-CP regulating the National Venture Capital Fund and local venture capital funds. This Decree is considered an important step in improving the legal framework for venture capital in Viet Nam.
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