Legal Updates

On January 21, 2015, the Government issued the Decree No. 08/2015/ND-CP detailing, and providing measures to implement, the Customs Law regarding customs procedures and customs inspection, supervision and control and takes effect on March 15, 2015; within that one of the important content is the relaxation on conditions for...

Instead of having the Supreme People’s Court; Courts of provinces and centrally run cities; Courts of rural districts, urban districts, towns, provincial cities and the equivalent and Military courts as current regulations, from June, 2015, the people’s courts system add more Superior people’s courts. This is the new content...

On June 29, 2016, the State Bank of Vietnam issued the Circular 12/2016/TT-NHNN guiding the foreign exchange management of offshore investment activities and takes effect August 13, 2016. In accordance with the regulations of this Decree, after being granted an offshore investment registration certificate, an investor shall open 1 (one)...

Takes effect on July 01, 2017, the Law on property auction No. 01/2016/QH14 of the National Assembly prescribing that bidders must deposit 5% - 20% reserve price of the auctioned property instead of 1%-5% as in previous regulations. Also from July 01, 2017, lawyers, public notaries, bailiff, property management officers...

In accordance with the Decree No. 169/2016/ND-CP dated December 27, 2016 of the Government on handling of cargo retained by carriers at Vietnamese seaports. Within 60 days from the day on which the vessel arrives at the port for delivery, if there is no consignee or the consignee fails...

On April 26, 2014, the Prime Minister signed the Decision No. 29/2014/QD-TTg on credit program for households, HIV patients, rehabilitated drug abusers, persons undergoing opium replacement therapy, and reformed prostitutes.

On November 26, 2014, the National Assembly approved the Law No. 67/2014/QH13 on Investment with many new contents that have strong effects on domestic and foreign investors. First of all, the Law regulated that only investment projects of foreign investors and economic organizations having  51%  or  more  of  their ...

On December 28, 2018, the State Bank of Vietnam issues the Circular No. 44/2018/TT-NHNN on amendments and supplements to certain articles of the Circular No. 36/2012/TT-NHNN dated December 28, 2012 of State Bank’s Governor prescribing installation, management, operation and maintenance of safety for operations of automated teller machines. - Within...

On December 21, 2015, the Ministry of Finance issued the Circular No. 204/2015/TT-BTC providing for application of risk management in tax management including tax registration, declaration, payment, tax debt and enforcement of implementation of administrative decisions on tax, tax refund, tax verification and inspection, creation, printing, issue, management and...

In order to develop the infrastructure traffic network which is synchronous, sustainable, modern, accessible, convenient and meet the travel needs of people and be of environmental friendliness, the Prime Minister signed the Decision No. 519/QD-TTg approving the transportation planning of Hanoi Capital by 2030, with a vision to 2050,...