Others

PERSONAL DATA OWNED OR CREATED BY SERVICE USERS IN VIETNAM MUST BE STORED IN VIETNAM

09

mo.09

The 2018 Law on Cybersecurity has been promulgated, taking effect from January 1, 2019. However, its enforcement has not satisfied the practice. Therefore, on August 15, 2022, the Government issued Decree No. 53/2022/ND-CP (“Decree 53”) detailing a number of articles of the Law on Cybersecurity. Decree…

MULTIPLE CHANGES IN THE ASSESSMENT PROCEDURE OF TOTAL CONSTRUCTION INVESTMENT AMOUNT AND THE ASSESSMENT PROCEDURE OF CONSTRUCTION ESTIMATED AMOUNT

19

mo.08

On August 11, 2022, the Ministry of Construction issued Decision No. 684/QD-BXD (“Decision 684”) stipulating the settlement of administrative procedures for projects and works implemented by the Department of Economic Affairs. This Decision amended regulations related to the settlement of procedures…

A LOT OF PERIODIC REPORTS ON PLANNING AND INVESTMENT ARE SIMPLIFIED

12

mo.08

On August 9, 2022, the Minister of Planning and Investment (“MPI”) issued Decision No. 1392/QD-BKHDT ("Decision 1392") announcing the list of periodic reporting regimes under the management of the MPI, replacing Decision No. 778/QD-BKHDT dated June 17, 2021. On the basis of current legal regulations,…

THE SCOPE OF FUNCTIONS AND AUTHORITIES OF THE MINISTRY OF CONSTRUCTION HAS BEEN EXPANDED

12

mo.08

On August 8, 2022, the Government issued Decree No. 52/2022/ND-CP (“Decree 52”), replacing Decree No. 81/2017/ND-CP (“Decree 81”) providing functions, duties, authorities and organizational structure of the Ministry of Construction. Accordingly, the content of functions and authorities of the Ministry…

OFFICIALS AND PUBLIC EMPLOYEES IN THE INVESTMENT AUTHORITIES, SHALL BE REASSIGNMENT AFTER EVERY PERIOD OF 3 - 5 YEARS

12

mo.08

According to Article 25 of the 2018 Law on Anti-Corruption and its guiding documents, “Office holders whose positions are relevant to personnel management, management of public funds, public assets, public investment; office holders who are directly involved and have influence over the operation of…

ANNULMENT OF THE PROCEDURE FOR ISSUING IMPORT OR TEMPORARY IMPORT PERMITS OF AUTOMOBILES AND MOTOR VEHICLES FOR NON-COMMERCIAL PURPOSES

05

mo.08

On July 27, 2022, the Minister of Finance issued Circular 45/2022/TT-BTC (“Circular 45”) amending and implementing Circular 143/2015/TT-BTC (“Circular 143”) dated September 11, 2015 stipulating the procedure for customs clearance and management of motor vehicles, motorcycles of entities granted permission…

NEW REGULATIONS ON THE MANAGEMENT OF MEDICAL DEVICES

05

mo.08

On August 1, 2022, the Ministry of Health issued Circular 05/2022/TT-BYT (“Circular 05”) stipulating the implementation of a number of articles of Decree No. 98/2021/ND-CP (“Decree 98”) dated November 8, 2021 of the Government on the management of medical devices. Circular 05 had some notable points…

OUTSTANDING POLICIES BECOMING EFFECTIVE FROM AUGUST 2022

29

mo.07

From August 2022, various remarkable new policies for businesses shall come into force, specifically as follows: Deposit being withdrawn prematurely still enjoy high interest Pursuant to Circular No. 04/2022/TT-NHNN, from August 1, 2022, in case of premature deposit withdrawal in part/in whole, the…

SUPPLEMENTATIONS AND INCREASE ON ADMINISTRATIVE SANCTIONS FOR VARIOUS VIOLATIONS OF THE LAW ON ENVIRONMENTAL PROTECTION

15

mo.07

The 2020 Law on Environmental Protection (“LEP”) has supplemented various obligations of organizations and individuals compared to the previous Law of 2014. In that spirit, on July 7, 2022, the Government issued Decree 45/2020/ND-CP (“Decree 45”) on administrative sanctions in the field of environmental…

FROM 07/01/2022, CONSTRUCTION CONTRACTORS MUST BUY COMPULSORY CIVIL LIABILITY INSURANCE FOR THIRD PARTIES

15

mo.07

Previously, contractors were encouraged by law to purchase third-party civil liability insurance. However, from July 1, 2022, when Decree No. 20/2022/ND-CP dated March 10, 2022 of (hereinafter referred to as “Decree 20”) revising a number of articles of Decree 119/2015/ND-CP (“Decree 119”) comes into…

CIRCULAR 09/2022/TT-BGTVT GUIDING ON THE ASSESSMENT METHODS AND CRITERIA OF BID DOSSIER FOR THE SELECTION OF INVESTORS EXECUTING PUBLIC-PRIVATE PARTNERSHIP PROJECTS

01

mo.07

On June 22, 2022, the Ministry of Transport issued Circular 09/2022/TT-BGTVT (“Circular 09”) guiding a number of contents on methods and criteria for evaluating bid dossiers for the selection of investors executing public-private partnership projects. Specifically: Evaluation of capacity and experience:…

EMPLOYERS IN HO CHI MINH CITY MUST SUPPLY DOCUMENTS FOR ADJUSTMENT SOCIAL INSURANCE BEFORE 25/07/2022

30

mo.06

On June 21, 2022, the Social Insurance (“SI”) Agency of Ho Chi Minh City issued Official Letter No. 3288/BHXH-QLT (“Official Letter 3288”) guiding the implementation of payment of SI, health insurance (“HI”), unemployment insurance (“UI”), occupational accident and disease insurance (“OADI”) from July…

NEW REGULATIONS EMPHASIZING RESPONSIBILITIES OF EMPLOYERS IN SAFETY ASSURANCE IN CONSTRUCTION

17

mo.06

On December 20, 2021, the Ministry of Construction issued Circular No. 16/2021/TT-BXD (“Circular 16”) on the promulgation of Vietnamese technical standards (“QCVN”) No. 18:2021/BXD on safety in construction. Accordingly, Circular 16 took effect from June 20, 2022. Simultaneously, QCVN 18:2021/BXD replaces…

ENHANCE AUTHORITY TO APPROVE THE INVESTMENT POLICY OF HOUSING PROJECTS, URBAN AREA OF PROVINCIAL LEVEL OF PEOPLE’S COMMITTEES

17

mo.06

Recently, the National Assembly has adopted the Law No. 03/2022/QH15 amending and supplementing a number of articles of the Law on Public Investment, the Law on Investment in the form of public-private partnership, the Law on Investment, the Law on Housing, the Law on Bidding, the Law on Electricity…

PAPER INVOICES SHALL NOT BE USED AFTER 30/06/2022

08

mo.06

Under Decree No. 123/2020/ND-CP dated October 19, 2020, businesses and economic organizations can only use paper invoices until the end of 30/06/2022. Since 01/07/2022, businesses and economic organizations will have to switch to using electronic invoices and the application will comply with the provisions…