LEGAL UPDATES
THE OFFICIAL REGULATIONS ON THE IMPLEMENTATION OF ONLINE LAND ADMINISTRATION PROCEDURES
- 02-06-2023
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The online land administration procedures have been specified in Clause 1 Article 7 of the Government's Decree 10/2023/ND-CP (ATA Legal Services has updated the important contents of Decree 10/2023/ND-CP here). On that basis, on April 28, 2023, the Ministry of Natural Resources and Environment promulgates…
THE GENERAL DEPARTMENT OF TAXATION PUBLISHES THE LIST OF 524 ENTERPRISES AT RISK OF INVOICES
- 02-06-2023
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On May 16, 2023, the General Department of Taxation issued Official Letter 1798/TCT-TTKT (“Official Letter 1798”) on reviewing and handling illegal invoices, in which a list of 524 enterprises with risks of illegal invoices was published (mostly businesses in Ho Chi Minh City and some businesses in…
THE LOCAL GOVERNMENTS SHALL NOT USE CONSULTATION WITH CENTRAL AGENCIES IN ORDER TO SHIRK THEIR RESPONSIBILITIES
- 02-06-2023
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This is the principle emphasized in the Official Telegram No. 469/CD-TTg dated May 25, 2023, of the Prime Minister (“Official Telegram 469”) on the continued implementation of dismantling and promoting the real estate market. produce safe, healthy, and sustainable development. Official Telegram 469…
THE PRIME MINISTER REQUIRES MORE EFFECTIVE SOLUTIONS FOR SETTLING THE DIFFICULTIES OF ENTERPRISES AND CITIZENS
- 02-06-2023
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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…
SOLUTIONS AND POLICIES ON ENHANCING THE EFFECTIVENESS OF FOREIGN INVESTMENT SHALL BE IMPLEMENTED SIMULTANEOUSLY ACCORDING TO THE PRIME MINISTER'S REQUIREMENT
- 02-06-2023
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In the fast-paced economy, competition among countries in attracting foreign investment in the post-COVID-19 period is increasingly fierce, however, the management of foreign investment activities in Vietnam still remains inadequate and inconsistent. To overcome these shortcomings, in order to improve…
-400x300.png "NEW REGULATIONS IN THE MANAGEMENT, OPERATION AND MAINTENANCE OF HIGHWAYS")
NEW REGULATIONS IN THE MANAGEMENT, OPERATION AND MAINTENANCE OF HIGHWAYS
- 26-05-2023
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On May 19, 2023, the Government issued Decree No. 25/2023/ND-CP (“Decree 25”), amending and supplementing a number of articles of Decree No. 32/2014/ND-CP dated May 19, 2023. April 22, 2014, on management, operation, and maintenance of expressway works (“Decree 32”). Decree 25 has some notable contents…
-400x300.jpg "INDIVIDUALS MUST ESTABLISH ECONOMIC ORGANIZATIONS TO BE GRANTED THE CERTIFICATE OF A FRONTIER COUNTRY CURRENCY EXCHANGE AGENT")
INDIVIDUALS MUST ESTABLISH ECONOMIC ORGANIZATIONS TO BE GRANTED THE CERTIFICATE OF A FRONTIER COUNTRY CURRENCY EXCHANGE AGENT
- 26-05-2023
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On May 12, 2023, the Government promulgates Decree 23/2023/ND-CP ("Decree 23") amending and supplementing a number of articles of Decree 89/2016/ND-CP on conditions for foreign currency exchange agency activities, provision of foreign currency receipt and payment services of economic organizations and…
THE INTEREST RATE OF A DEPOSIT IN VND (ONE-MONTH TO SIX-MONTH TERM) SHALL NOT BE EXCEEDED 5%
- 26-05-2023
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On May 23, 2023, the State Bank of Vietnam issued two decisions related to the management of interest rates, which are: Decision 950/QD-NHNN on refinancing interest rates, rediscounting interest rates, overnight lending interest rates in interbank electronic payments and interest rates for loans to…
THE CONDITIONS WHERE THE DEBT FROM THE NATIONAL TECHNOLOGICAL INNOVATION FUND SHALL BE EXTENDED, CHARGED OFF, REDUCED OR CANCELED
- 26-05-2023
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The National Technology Innovation Fund (“Fund”) is an off-budget state financial fund directly under the Ministry of Science and Technology, operating not for profit, performing the function of giving preferential loans, supporting loan interest rates, loan guarantees, and capital support in the form…
-400x300.jpg "INCOMING THE ADMINISTRATION OF THE REQUIRED STANDARDS PAIRING WITH SANCTION ON EFFICIENT ELECTRICAL USE APPLY TO ENTERPRISES IN INDUSTRY AND REGIONS WITH HIGH POWER CONSUMPTION")
INCOMING THE ADMINISTRATION OF THE REQUIRED STANDARDS PAIRING WITH SANCTION ON EFFICIENT ELECTRICAL USE APPLY TO ENTERPRISES IN INDUSTRY AND REGIONS WITH HIGH POWER CONSUMPTION
- 19-05-2023
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On May 15, 2023, the Prime Minister signed Decision No. 500/QD-TTg approving the National Electricity Development Plan for the period of 2021 - 2030, with a vision to 2050 (“Power Plan VIII”). Power Plan VIII sets the goal of firmly ensuring national energy security, meeting the requirements of socio-economic…
NEW REGULATIONS OF THE ISSUANCE OF TRANSFERRING ENCOURAGED TECHNOLOGY CERTIFICATE
- 19-05-2023
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According to Decree 31/2021/ND-CP guiding the Law on Investment, transferring technology projects on the list of transferring encouraged technologies will be applied investment incentives when obtaining the transferring encouraged technology certificate. In order to implement this regulation, on May…
-400x300.jpg "CONDOTEL BUYERS SHALL BE GRANTED THE SEPARATE OWNERSHIP CERTIFICATE OF CONSTRUCTION WORK FOR EACH CONDOTEL")
CONDOTEL BUYERS SHALL BE GRANTED THE SEPARATE OWNERSHIP CERTIFICATE OF CONSTRUCTION WORK FOR EACH CONDOTEL
- 19-05-2023
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As ATA previously updated Decree No. 10/2023/ND-CP amending and supplementing several articles of decrees on instructions for implementation of the law on land, we assume that the provisions of this Decree are not enough basis to issue a "red book" (Certificate of land use right) to purchasers who buy…
-400x300.png "ALLOWING THE SELECTION OF SOCIAL HOUSING PROJECT INVESTORS WHEN THE LAND TO BE BUILT HAS NOT BEEN APPROVED FOR DETAILED PLANNING AT THE TIME OF BIDDING")
ALLOWING THE SELECTION OF SOCIAL HOUSING PROJECT INVESTORS WHEN THE LAND TO BE BUILT HAS NOT BEEN APPROVED FOR DETAILED PLANNING AT THE TIME OF BIDDING
- 19-05-2023
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On April 28, 2023, the Minister of Construction has just issued Circular 03/2023/TT-BXD ("Circular 03") amending Article 3 of Circular 09/2021/TT-BXD guiding the implementation of social housing development and management. Pursuant to Article 3 of Circular 09/2021/TT-BXD, one of the principles when…
REGULATIONS ON THE LICENSING CONDITIONS FOR WATER RESOURCES ARE MORE FLEXIBLE
- 19-05-2023
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On May 12, 2023, the Government issued Decree 22/2023/ND-CP amending and supplementing a number of articles of Decrees related to business activities in the field of natural resources and environment. This Decree governs various provisions related to conditions, dossiers and procedures related to the…
SPECIFIC INSTRUCTIONS ON MICROINSURANCE
- 12-05-2023
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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…
