Legal update

• 08-03-2024
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In order to create consistency in determining value-added tax (“VAT”) revenue of enterprises conducting international travel activities, on March 5, 2024, the General Department of Taxation issued Official Letter No. 801/TCT-CS (“Official Letter 801”) in response to Tourism and Transportation Marketing…

• 08-03-2024
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To ensure that bidding activities for the selection of contractors are carried out within the framework of the Law on Bidding 2023, on February 27, 2024, the Government promulgates Decree 24/2024/ND-CP detailing a number of articles and measures to implement the Law on Bidding on the selection of contractors…

• 08-03-2024
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On March 6, 2024, the Government issued Decree 27/2024/ND-CP amending and supplementing a number of articles of Decree 156/2018/ND-CP dated November 16, 2018 of the Government amended certain articles of the Law on Forestry (“Decree 27”). Decree 27 supplements regulations related to temporary use of…

• 08-03-2024
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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…

• 01-03-2024
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To further refine the legal framework for bidding and selecting investors to implement investment projects in accordance with the new provisions of the Law on Bidding 2023, on February 27, 2024, the Government issued Decree No. 23/2024/NĐ-CP detailing certain provisions and measures for implementing…

• 01-03-2024
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On February 23, 2024, the Minister of Labor, Invalids and Social Affairs issued Circular No. 02/2024/TT-BLĐTBXH ("Circular 02") amending Circular No. 21/2021/TT-BLĐTBXH detailing certain provisions of the Law on Vietnamese workers working abroad under contracts ("Circular 21"). Below are some noteworthy…

• 23-02-2024
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On February 5, 2024, the Government issued Decree 12/2024/ND-CP (“Decree 12”) amending and supplementing a number of articles of Decree 44/2014/ND-CP dated May 15 /2024 on land prices (“Decree 44”). In ATA's opinion, Decree 12 has basically resolved the problems in determining current land prices. In…

• 26-01-2024
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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…

• 26-01-2024
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The economy of Vietnam and the world has experienced 2023 with many difficulties and challenges, in which real estate enterprises and the real estate market are among the most negatively affected; entering 2024 in the context of difficulties still existing and positive signs not clear, the Government…

• 26-01-2024
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On January 19, 2024, the Prime Minister issued Decision 87/QD-TTg approving a plan to reduce and simplify regulations related to business activities within the scope of management functions of the Ministry of Justice (“Decision 87”). Decision 87 has a number of notable contents for law-practicing organizations…

• 19-01-2024
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On January 9, 2023, the National Assembly issued the amended Law on Medical Examination and Treatment, effective from January 1, 2024 ("Law on Medical Examination and Treatment 2023"). This law introduces various mechanisms to enhance the quality of healthcare services provided by medical facilities…

• 19-01-2024
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On January 10, 2024, the Government issued Decree 02/2024/ND-CP stipulating the transfer of power projects that are public assets to Vietnam Electricity - EVN ("Decree 02"); in particular, including electrical works belonging to technical infrastructure for common use in urban projects, residential…

• 19-01-2024
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On January 12, 2024, the Government issued Decree No. 04/2024/NĐ-CP (“Decree 04”), amending and supplementing certain provisions of Decree No. 118/2014/NĐ-CP (“Decree 118”) on the reorganization, innovation, and development to enhance the efficiency of agricultural and forestry companies. Decree 04…

• 12-01-2024
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According to the provisions of Decree No. 111/2021/ND-CP, nutritional ingredients, and nutritional value of food have been regulated as one of the mandatory contents that must be shown on food labels. However, currently units are still doing it arbitrarily, without following any specific, official instructions.…

• 12-01-2024
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According to Circular 20/2023/TT-NHNN dated December 29, 2023, of the State Bank of Vietnam ("Circular 20"), it regulates the list of areas within the management scope of the State Bank of Vietnam and the waiting period during which individuals with positions and authorities are not allowed to establish…