The Ministry of Planning and Investment (MPI) has unveiled a plan to allow Vietnamese gamblers to play at a casino in the southern province of Kien Giang.

Local and foreign investors are racing to register solar power projects in Vietnam to reap the benefits of the feed-in-tariff of 9.35 US cents, which ends in June 2019. However, the question remains as to how many solar power projects will actually be constructed as the majority of registered projects fail to progress beyond paper plans.

The National Assembly on Tuesday morning passed the Law on Cybersecurity, with majority voting yes to the controversial bill.

Vietnam needs to focus on developing the wind power industry and implementing transparent policies on granting investment licences to wind power projects.

Investors, both domestic and foreign, that wish to establish a university in Vietnam would be required to have a capital of at least VND 1 trillion (USD 43.9 million).

The Government will abolish administrative procedures for issuing investment registration certificates for Public-Private-Partnership (PPP) projects, according to the new governmental Decree 63.

Farmers classified as poverty shall receive up to 90% subsidy of insurance premiums, according to the Government’s Decree No. 58/2018/ND-CP on agricultural insurance dated April 18, 2018 and scheduled to take effect since June 5.

The Vietnamese Government has issued a decree stipulating that Vietnamese traders are allowed to process legal goods for foreign merchants, excluding the commodities banned or temporarily suspended from export and import.

The Government recently issued Decree No. 81/2018/ND-CP detailing the Commercial Law regarding trade promotion activities, including sales promotion.

Laguna Lang Co, one of Asia’s largest integrated resorts with international hospitality operator Banyan Tree as its managing partner, has officially got a casino licence from the Vietnamese government, marking it the first casino license in recent 10 years in Vietnam.

The Ministry of Industry and Trade (MoIT) has been asked to report the list of approved solar power plants to Prime Minister Nguyen Xuan Phuc before July 15, 2018.

The Government has reduced the number of conditions and notification procedures required from online businesses in a bid to create a more favourable investment environment online.

Goods temporarily imported for re-export can be kept in Viet Nam for no more than 60 days from the date of completion of customs formalities, according to a new Governmental decree.

The Government’s Decree No. 69/2018/ND-CP stipulates that Vietnamese traders are allowed to process legal goods for foreign merchants, excluding the commodities banned or temporarily suspended from exports and imports.

Trading through commodity exchanges will be more convenient in Viet Nam with the Government’s new regulations on the establishment and trading on the commodity exchange.

Besides traditional markets like Laos, Cambodia, and Myanmar, Vietnamese companies have begun searching for new markets for overseas investment.  

As many as 40 per cent of foreign direct investment (FDI) enterprises choose to use commercial arbitration in cases of disputes, rather than going to court, said Phan Trong Dat, Deputy Secretary General of the Viet Nam International Arbitration Centre (VIAC).

Viet Nam will continue to ensure enforcement of intellectual property rights violations and strictly deal with violators, representatives of the Market Surveillance Agency (MSA) under the Ministry of Industry and Trade said at a forum on raising IPR awareness held yesterday in HCM City.

The Government promulgated Decree No. 63/2018/ND-CP on investment in form of public-private partnership (PPP).

The golf course business in Vietnam will become more effective and better managed as the government is planning to replace the current planning with a decree providing conditions for investing and doing business in this sector from 2019.