A series of new policies will take effect from November 2025.

(Baohatinh.vn) - From November 2025, a series of new policies will come into effect, including: expanding the scope of authentication, adjusting payment documents, and regulating reporting of large money transfers and gold bar delivery and receipt.

Expanding the scope of entities authorized to perform authentication.

The Government issued Decree No. 280/2025/ND-CP on October 27, 2025. In this decree, Clause 9 of Article 2 of Decree 23/2015/ND-CP was amended and supplemented to expand the scope of entities authorized to perform authentication.

Compared to the old regulations, Decree No. 280/2025/ND-CP expands the scope of those authorized to perform authentication to include individuals who are authorized or assigned to perform authentication tasks as prescribed.

Specifically, the persons authorized to perform authentication are the chairpersons of the People's Committees of communes, wards, and special zones (commune-level People's Committees); persons authorized or assigned to perform authentication duties as prescribed; notaries of notary offices (notary practice organizations); diplomatic and consular officers of diplomatic missions, consular missions, and other agencies authorized to perform consular functions of Vietnam abroad (representative agencies).

Thus, compared to the old regulations, Decree No. 280/2025/ND-CP expands the scope of those authorized to perform authentication to include individuals who are authorized or assigned to perform authentication tasks as prescribed.

Decree No. 280/2025/ND-CP takes effect from November 1, 2025.

Criteria for identifying ethnic groups that still face many difficulties, including specific challenges.

The Government issued Decree No. 255/2025/ND-CP on September 29, 2025, identifying ethnic groups still facing many difficulties and specific challenges during the 2026-2030 period. This Decree takes effect from November 15, 2025.

Specifically, the Decree stipulates the criteria for identifying ethnic groups that still face many difficulties or have specific difficulties in the period 2026 – 2030 as follows:

1. Ethnic groups that still face many difficulties are those with a higher multidimensional poverty rate than the overall multidimensional poverty rate of ethnic minorities nationwide.

2. Ethnic groups facing specific difficulties are those with a nationwide population of less than 10,000 people according to population management data and meeting at least one of the following two criteria:

- They have a higher multidimensional poverty rate than the overall multidimensional poverty rate for ethnic minorities nationwide;

- The national population, according to population management data, has decreased compared to the national population as shown in the 2019 Population and Housing Census.

Cases that are not considered as evasion of social insurance contributions.

On October 16, 2025, the Government issued Decree No. 274/2025/ND-CP detailing a number of provisions of the Law on Social Insurance regarding late payment and evasion of mandatory social insurance and unemployment insurance contributions; complaints and denunciations concerning social insurance, effective from November 30, 2025.

Article 4 of Decree No. 274/2025/ND-CP stipulates that cases not considered as evasion of mandatory social insurance and unemployment insurance contributions include those with one of the reasons announced by competent authorities regarding disaster prevention and control, emergency situations, civil defense, and disease prevention and control:

- Storms, floods, inundations, earthquakes, major fires, prolonged droughts, and other natural disasters directly and severely affect production and business activities.

- Dangerous epidemics declared by competent state authorities, causing serious impact on production, business operations, and the financial capacity of agencies, organizations, and employers.

- A state of emergency as defined by law that causes sudden and unexpected impacts on the operations of agencies, organizations, and employers.

- Other force majeure events as stipulated by civil law.

Adjust your identification documents when making cashless payments.

On September 30, 2025, the Governor of the State Bank of Vietnam signed and issued Circular 30/2025/TT-NHNN, amending and supplementing several articles of Circular 15/2024/TT-NHNN regulating the provision of non-cash payment services. Circular 30/2025/TT-NHNN takes effect from November 18, 2025.

Specifically, Circular 30/2025/TT-NHNN amends and supplements Clause 10, Article 3 of Circular 15/2024/TT-NHNN, stipulating that identification documents used in non-cash payment services include:

- For individuals who are Vietnamese citizens: citizen identification card, citizen identification card, or electronic identity card.

- For individuals of Vietnamese origin whose nationality is undetermined: identity card.

- For foreigners residing in Vietnam: a passport or other identity document issued by a competent foreign authority, along with an entry visa or a document equivalent to a visa or a document proving exemption from visa requirements; or electronic identity (through access to a level 2 electronic identity account) (if available).

Note: Identification documents used for cashless payment services must be valid and within their expiration date for the duration of the payment service.

Rating credit institutions according to new standards

On September 10, 2025, the State Bank of Vietnam issued Circular No. 21/2025/TT-NHNN regulating the ranking of credit institutions and branches of foreign banks, effective from November 1, 2025.

According to the circular, the ranking is conducted annually based on criteria such as capital safety, asset quality, governance capacity, business performance, and liquidity. The goal is to comprehensively assess the financial health of credit institutions, increase transparency in banking operations, and provide a basis for regulatory authorities to implement appropriate supervisory measures.

The ranking results are divided into several levels, serving as a basis for considering licensing for network expansion, launching new products and services, and determining the level of risk in credit management. Commercial banks, especially branches of foreign banks, are required to prepare documentation and review their governance and internal control systems to meet the new criteria. This regulation is expected to contribute to improving the quality of the banking system and strengthening confidence in the financial market.

Money transfers of 500 million VND or more must be reported.

This content is regulated by the State Bank of Vietnam in Circular 27/2025/TT-NHNN dated September 15, 2025.

Specifically, Article 9 of the Circular stipulates the reporting regime for electronic money transfer transactions to the Anti-Money Laundering Department using electronic data, including:

- Domestic electronic money transfer transactions: Transactions with a value of VND 500 million or more, or the equivalent value in foreign currency, where all participating financial institutions are located in Vietnam.

- International electronic money transfer transactions: Electronic money transfer transactions involving at least one financial institution outside Vietnam, conducted in countries or territories outside Vietnam, with a value of US$1,000 or more, or the equivalent in other foreign currencies.

However, if the reporting entity is a financial institution acting as an intermediary in electronic money transfer transactions, it is not required to submit the above report.

The report includes the following information: Information about the initiating and beneficiary financial institutions; information about individual or institutional customers participating in electronic money transfers; transaction information; and other information as requested by the Anti-Money Laundering Department from time to time…

Credit institutions are authorized to deliver and receive gold bars for customers.

On September 30, 2025, the State Bank of Vietnam issued Circular 33/2025/TT-NHNN amending and supplementing a number of articles of Circular 17/2014/TT-NHNN on the classification, packaging, and delivery of precious metals and gemstones.

Circular 33/2025/TT-NHNN amends and supplements Clause 1, Article 17 of Circular 17/2014/TT-NHNN as follows: The State Bank of Vietnam receives gold bars purchased from credit institutions and enterprises licensed to trade in gold bars (credit institutions, enterprises) based on written confirmation of gold bar trading transactions between the State Bank of Vietnam and the credit institution or enterprise; it shall count, receive, and record the markings, serial numbers (if any) of the gold bars in their original packaging from commercial banks, enterprises licensed to produce gold bars, and processing units.

Circular 33/2025/TT-NHNN adds Clause 3a after Clause 3 of Article 17 of Circular 17/2014/TT-NHNN as follows: Credit institutions receiving gold bars from customers shall receive them in individual bars.

At the same time, Circular 33/2025/TT-NHNN adds clause 3a after clause 3 of Article 18 of Circular 17/2014/TT-NHNN as follows: Credit institutions delivering gold bars to customers shall deliver in individual bars.

Therefore, officially from November 15, 2025, credit institutions are allowed to deliver and receive gold bars for customers.

Source: https://baohatinh.vn/hang- loạt-chinh-sach-moi-co-hieu-luc-tu-thang-112025-post298633.html