Contract - Trade - Service

To meet the trend of using clean energy by electricity customers, attract investment for sustainable renewable energy development to protect the environment, and aim to implement a competitive retail electricity market in Vietnam, on July 3, 2024, the Government issued Decree No. 80/2024/ND-CP, which…

On May 17, 2024, the Minister of Health issued Circular No. 07/2024/TT-BYT regarding drug bidding at public healthcare facilities (“Circular 07”), replacing Circular No. 15/2019/TT-BYT (“Circular 15”), to guide the implementation of several provisions of the 2023 Procurement Law in the activities of…

On May 16, 2024, the Government issued Decree No. 55/2024/ND-CP (“Decree 55”) guiding the Law on Consumer Rights Protection 2023. This Decree will replace Decree 99 /2011/ND-CP (“Decree 99”) guides the Law on Consumer Rights Protection 2010. Decree 55 has a number of notable new contents as follows:…

On April 24, 2024, the Government issued Decree No. 44/2024/ND-CP regulating the management, use, and exploitation of road infrastructure assets ("Decree 44") to replace Decree No. 33/2019/ND-CP ("Decree 33"). The notable points of Decree 44 compared to Decree 33 are as follows: 1. Clarification of…

According to Announcement No. 135/TB-VPCP, at the meeting on March 8, 2024, regarding the Decree amending and supplementing some contents of Decree No. 54/2019/NĐ-CP, Deputy Prime Minister Tran Hong Ha concluded as follows on the management of karaoke and nightclub business activities. Deputy Prime…

The Ministry of Industry and Trade has reduced and simplified numerous administrative procedures in the field of trade promotion to better align with the practical business operations of enterprises and create more favorable conditions for traders when carrying out administrative procedures. On February…

On December 31, 2023, the Ministry of Transport issued Circular No. 55/2023/TT-BGTVT ("Circular 55") guiding certain aspects of investment projects using the public-private partnership (PPP) method, specifically focusing on the business-management contract for expressway operation and maintenance projects…

Recently, the Minister of Industry and Trade has issued two consecutive Circulars related to the import and business of tobacco, including Circular 39/2023/TT-BCT regulating the import duty quota for raw tobacco materials in 2024 ("Circular 39") and Circular 43/2023/TT-BCT amending Circular 57/2018/TT-BCT…

Insurance plays an important role in the development of society, Recently, insurance activities and insurance products have also received the attention of many individuals and businesses. To contribute to promoting the healthy development of the insurance market as well as insurance businesses, on November…

On May 31, 2023, the Ministry of Finance issued Circular No. 33/2023/TT-BTC ("Circular 33") on determining the origin of exported and imported goods. Circular 33 contains several noteworthy provisions for export and import enterprises, as follows: 1. Customs clearance is allowed for imported goods even…

Digital transformation in administrative reform is one of the goals that the Government has been promoting in recent years. In asset auction activities, to meet the goal of digital transformation, on July 3, 2023, the Government issued Decree 47/2023/ND-CP ("Decree 47")to amend and supplement a number…

From the beginning of 2023, the Government has issued Resolution No. 01/NQ-CP on significant tasks and solutions to implement the social and economic development plan, state budget estimates, and improvement of the business environment and enhancement of national competitiveness in 2023. The Resolution…

Microinsurance is a form of insurance product offer coverage to low-income households or to individuals who have little savings. It is tailored specifically for lower valued assets and compensation for illness, injury, or death. These are disadvantaged ones who are sensitive to risks that need insurance…

On April 21, 2023, the Ministry of Industry and Trade issued Circular 10/2023/TT-BCT (“Circular 10”) amending and supplementing some articles of Circular No. 21/2020/TT-BCT on procedures for issuance of electricity licenses (“Circular 21”). Circular 10 has outstanding contents as follows: Supplementation…