Legal updated

REDUCE LENDING INTEREST RATES IN 2024

02/05/2024 - FINANCE - BANKING

On March 05, 2024, the Prime Minister issues the Official Telegram No. 18/CD-TTg on managing credit growth in 2024

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IMPORT OF RICE AND DRIED TOBACCO LEAVES ORIGINATING IN THE KINGDOM OF CAMBODIA IN 2023 AND 2024

02/05/2024 - EXPORT – IMPORT

On April 04, 2024, the Ministry of Industry and Trade issues Circular No. 06/2024/TT-BCT providing the import of rice and dried tobacco leaves originating in the Kingdom of Cambodia according to tariff-rate quotas in 202...

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STABLE POWER SUPPLY MUST BE ENSURED DURING PEAK PERIOD: PM

02/05/2024 - ENTERPRISE

Prime Minister Pham Minh Chinh has ordered drastic and effective measures to ensure a stable power supply during this year's peak period and beyond.

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AMEND THE DOSSIER FOR ISSUANCE OF AIRPORT OR AIRFIELD REGISTRATION CERTIFICATES

22/04/2024 - TRANSPORT

On February 23, 2024, the Government issues the Decree NO. 20/2004/ND-CP on amending and supplementing a number of articles of Decree No. 05/2021/ND-CP dated January 25, 2021, of the Government, on the management, operat...

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NEW TECHNICAL REGULATIONS ON EXPRESSWAYS ISSUED

22/04/2024 - TRANSPORT

Expressways must have at least four lanes with maximum speed of 120km per hour as well as rest stops and emergency stopping lanes.

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MEASURES TO IMPROVE TRACEABILITY OF PRODUCTS AND GOODS PROVIDED

22/04/2024 - SCIENCE – TECHNOLOGY

The Ministry of Science and Technology has recently issued a circular to tighten the management of traceability of products and goods.

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MANAGEMENT OF SUBJECTS OF TRACEABILITY OF PRODUCTS AND GOODS

22/04/2024 - SCIENCE – TECHNOLOGY

On March 28, 2024, the Ministry of Science and Technology issues Circular No. 02/2024/TT-BKHDT on the management of product origin tracing.

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PM INSTRUCTS INTENSIFICATION OF FOREST FIRE PREVENTION, CONTROL MEASURES

22/04/2024 - NATURAL RESOURCES - ENVIRONMENT

Prime Minister Pham Minh Chinh has instructed localities, ministries, and agencies to intensify forest fire prevention and control measures.

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MINISTRY PROPOSES PILOT MECHANISM FOR USE OF NON-RESIDENTIAL LAND TO IMPLEMENT COMMERCIAL HOUSING PROJECTS

22/04/2024 - LAND – HOUSING

Real estate businesses would be permitted to implement commercial housing projects on non-residential land if they currently possess or have acquired land-use rights and meet law-prescribed conditions for land repurposin...

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AMEND THE RULES OF ORIGIN IN AKFTA AGREEMENT

22/04/2024 - EXPORT – IMPORT

On March 27, 2024, the Ministry of Industry and Trade No. 04/2024/TT-BCT on amending and supplementing several Articles of the Circular No. 20/2014/TT-BCT dated June 25, 2014, of the Minister of Industry and Trade on the...

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EFFORTS MADE TO PROMOTE ESTABLISHMENT OF COTTAGE INDUSTRY ZONES

22/04/2024 - ENTERPRISE

The Government has recently issued Decree 32/2024/ND-CP, on the management and development of cottage industry zones to attract small- and medium-sized enterprises, cooperatives and cooperative groups to invest in produc...

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DECREE ON VALUE-ADDED TAX REDUCTION IN 2024

19/04/2024 - TAX – FEE - CHARGE

The Government issued the Decree on providing the value-added tax reduction policy under the National Assembly’s Resolution No. 110/2023/QH15 dated November 29, 2023.

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PM CALLS FOR EXERTED EFFORTS TO FIGHT TUBERCULOSIS

19/04/2024 - MEDICAL – HEALTH

Prime Minister Pham Minh Chinh has urged ministries, sectors, central and local authorities to thoroughly implement the national tuberculosis prevention and control strategy.

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STRIVING TO REDUCE FATAL OCCUPATIONAL ACCIDENTS AT LEAST 4% PER YEAR

19/04/2024 - LABOR - SALARY

On March 19, 2024, the Secretariat of CPV Central Committee on continuing to strengthen the Party's leadership for occupational safety and hygiene in new situations.

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DRAFT DECREE SETS FOREIGN OWNERSHIP LIMIT AT APARTMENT BUILDINGS

19/04/2024 - CONSTRUCTION

The Ministry of Construction is gathering public opinions on a draft decree guiding the 2023 Housing Law, proposing imposition of a 30-percent cap on foreign ownership at apartment buildings.

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