02 June, 2025
Resolution 198/2025/QH15, passed by the National Assembly on 17 May 2025, introduces special mechanisms and policies to foster private economic development, targeting enterprises, business households, and individuals. This resolution aligns with the Politburo's directives outlined in Resolution 68-NQ/TW, dated 4 May 2025. The Government simultaneously issued Resolution 139/NQ-CP to implement Resolution 198, which took effect immediately upon ratification. Resolution 198 supersedes conflicting laws or resolutions unless other documents offer more favorable policies.
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Giang Bao Chau
Partner, Tax and Legal Services, PwC Vietnam
Tel: +84 28 3823 0796
Nguyen Huong Giang
Partner, Tax and Legal Services, PwC Vietnam
Tel: +84 24 3946 2246