Aug 16 2014
On 17 July 2014 the Government issued Decree No. 70/2014/ND-CP (“Decree 70”) guiding the implementation of a number of articles of Ordinance No. 28/2005/PL-UBTVQH11 dated 13 December 2005 on Foreign Exchange Control as amended by Ordinance No. 06/2013/PL-UBTVQH13 dated 18 March 2013 (“Ordinance 28”) Decree 70 takes effect from 5 September 2014 and replaces Decree No. 160/2006/ND-CP dated 28 December 2006 governing the same matter (“Decree 160”). Below are key differences between Decree 70 and Decree 160.
Aug 15 2014
On 21 June 2012 the National Assembly of Viet Nam passed the Law on Advertising No 16/2012/QH13 (“Law on Advertising”). The Law on Advertising will take effect from 1 January 2013 and repeal the current Ordinance on Advertising No 39/2001/PL-UBTVQH10 dated 16 November 2001 (“Ordinance 2001”) and Decree of the Government providing detailed regulations for implementation of Ordinance on Advertising dated 13 March 2003.  
Jul 24 2014
On 14 May 2014 the Government issued Decree No. 42/2014/ND-CP on the management of multi-level marketing activities (Decree 42) to replace the previous Decree No. 110/2005/ND-CP, dated 24 August 2005, governing the same matter (Decree 110).
Jun 13 2014
Decree No. 44/2013/ND-CP, dated May 10th, 2013, (Decree 44) addresses a number of issues in last year’s Labor Code. Some of the issues addressed include: (i) rules for participating in compulsory social insurance, job loss insurance, and compulsory health insurance by employees with multiple labour contracts, (ii) contents of labour contracts with respect to directors of State-owned enterprise, and (iii) sequences and procedures to declare a labour contract invalid by the labour inspectorate and how to deal with invalid labour contracts.
Jun 04 2014
A circular issued by the Ministry of Finance (MoF), set to take effect this Friday, may not succeed in facilitating the provision of credit guarantees to small- and medium-sized enterprises (SMEs).
Mar 20 2014
On May 21st, 2007 the Ministry of Trade (currently Ministry of Industry and Trade (MOIT)) promulgated Decision No. 10/2007/QD-BTM to announce the schedule for implementation of trading and related rights and activities for implementing the commitments of Vietnam in the World Trade Organization (WTO) (Decision 10).
Feb 18 2014
With the goal of developing a comprehensive and unified legal framework for public-private partnership (PPP) model for infrastructure projects, the Vietnamese government recently released a draft decree on PPP investment forms  (Draft Decree) which, once approved and promulgated, will replace (1) Decision No. 71/2010/QD-TTg  (Decision 71) dated November 9th, 2010 on the pilot scheme for investments using PPP model and (2) Decree No. 108/2009/ND-CP dated November 27th, 2009 on investment in the form of build - operate - transfer (BOT), build - transfer - operate (BTO) and build - transfer (BT) contracts. 
Jan 15 2014
On 22 August 2013, the Government issued Decree No 95/2013/ND-CP, referred to hereafter as Decree 95, that sets out administrative sanctions for violations relating to labour rights, particularly those related to social insurance and overseas labour contracts.
Dec 21 2013
It has been over ten years since the promulgation of Land Law No. 13/2003/QH11, dated November 26th, 2003 (Land Law 2003). Since then, Land Law 2003 has attracted attention from the public due to its important status. With the objective of improving the legal framework as well as cutting down lengthy procedures for ensuring the efficiency of land usage, the National Assembly approved the draft of a new land law on  November 29th, 2013 which will be effective from July 1st, 2014 (Land Law 2013). Land Law 2013 promises to reinforce the participation of the citizens in the management of land and increases responsibilities of the State authorities as to educating the population to understand the new land regulations.
Nov 15 2013
Foreign-invested enterprises (FIEs) have, on the whole, been considered an attractive channel for investment in the Vietnam market. However, FIEs already established and operating under the Foreign Investment Law in Vietnam (Old FIEs) have had to cope with difficulties within the legal framework under the Law on Investment and Law on Enterprises due to not having gone through re-registration. By issuing Law No. 37/2013/QH13, dated June 20th, 2013 (effective from August 1st, 2013) on amending and supplementing Article 170.2 of the Law on Enterprises (Amended Law), the National Assembly of Vietnam has tightened State management regarding FIEs’ operation and abolished the previous deadline for re-registration for such Old FIEs.
Oct 23 2013
Law No 26/2012/QH13 that took affect from 1 July and its guiding legal instruments issued in 2013 such as Decree No 65/2013/ND-CP and Circular No 111/2013/TT-BTC (Circular 111) amend and supplement a number of new policies on personal income tax in Viet Nam.
Oct 15 2013
On July 22nd, 2013 the Government issued Decree No. 83/2013/ND-CP (Decree 83) detailing a number of articles of the Law on Tax Administration and the amended Law on Tax Administration. Decree 83 takes effect from September 15th, 2013 and repeals Decree No. 85/2007/ND-CP, dated 25 May 2007, and Decree No. 106/2010/ND-CP, dated October 28th, 2010, detailing a number of articles of the Law on Tax Administration.
Sep 17 2013
To provide guidance to Vietnam’s commitments made upon its accession to the WTO on market openings, the Government in 2007 issued Decree No. 23/2007/ND-CP prescribing legal bases for foreign-owned enterprises to engage in trading and distribution activities in Vietnam (“Decree 23”). 
Aug 21 2013
With globalisation comes an increase of cross-border investment and expansion into new markets. Employees with professional skills and experiences are no longer limited to serve in any given territory.
Aug 16 2013
On April 22nd, 2013 the Ministry of Industry and Trade issued Circular No. 08/2013/TT-BCT on trade in goods by foreign invested enterprises in Vietnam (Circular 08) to replace Circular 09/2007/TT-BTM (Circular 09) on the same matter. Circular 08 provides more specific regulations on the licensing and assessment process of the Economic Needs Test (ENT). In this article, we look at certain key and positive changes of rules offered by Circular 08.
Jul 15 2013
Since the issuance of the Law on Advertising 2012 there has been some controversy as to whether the advertising of food products now falls under the regulations of the Law on Advertising 2012 or remains under the regulations issued by the Ministry of Health (MOH). 
May 22 2013
Law 36/2009/QH 12 dated June 29, 2009, amends and supplements a number of Articles of Law on Intellectual Property 2005 (Law on Intellectual Property) and provides some new amended regulations on establishment of industrial property rights, including, inter alia, regulations on rights to registration of a collective mark, certification mark in respect of the geographical name or other signs indicating the geographical origin of special products from Viet Nam, the first-to-file principle, time limits for examination of the applications for registration of IP objects.
Apr 03 2013
The Government has recently launched various measures to strengthen weak credit institutions. One of these measures is a draft decree regulating how many shares foreign investors can purchase in Vietnamese credit institutions, listed and non-listed shareholding banks, financial companies and financial leasing companies (collectively VCIs). The new decree replaces Decree 69/2007/ND-CP.

Feb 07 2013
The forms in which an investor can contribute capital to an enterprise have evolved to include intangible assets such as intellectual property rights that are often of greater value than the tangible assets of an enterprise.

Dec 19 2012
The State has issued a number of policies and incentives to encourage the development of low-cost housing to meet the housing needs of the disadvantaged. Yet few public housing projects are underway and little inventory has been added to the low-cost housing market.


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