Others

CIVIL SERVANTS IN THE AGRICULTURAL SECTOR ARE ONLY ALLOWED TO PARTICIPATE IN ENTERPRISE MANAGEMENT AFTER RESIGNING FROM THEIR POSITIONS FOR A MINIMUM OF 12 MONTHS

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On March 27, 2024, the Ministry of Agriculture and Rural Development ("the Ministry of Agriculture") issued Circular 02/2024/TT-BNNPTNT ("Circular 02"), which regulates the list of fields and the duration for individuals holding positions, authorities that are not allowed to establish, hold titles,…

SUPPLY CONDITIONS ON THE FORM OF C/O FOR GOODS TO ENJOY BENEFITS FROM THE ASEAN-KOREA COMPREHENSIVE ECONOMIC COOPERATION AGREEMENT

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On March 27, 2024, the Ministry of Industry and Trade issued Circular No. 04/2024/TT-BCT ("Circular 04") amending and supplementing certain provisions of Circular No. 20/2014/TT-BCT dated June 25, 2014, of the Minister of Industry and Trade, which regulates the implementation of Rules of Origin in the…

SIMPLIFY ADMINISTRATIVE PROCEDURES TO MINIMIZE DIFFICULTIES IN STATE ASSET PROCUREMENT AND MANAGEMENT

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On April 4th, 2024, the Prime Minister issued Decision No. 277/QD-TTg ("Decision 277") approving a plan to simplify 18 priority internal administrative procedures within the jurisdiction of the Ministry of Finance. Accordingly, in 2024, the Ministry of Finance will focus on implementing simplified administrative…

RECOGNIZING THE VALIDITY OF DRIVER'S LICENSES ON VNEID

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On March 31, 2024, the Ministry of Transport issued Circular No. 05/2024/TT-BGTVT (“Circular 05”), amending and supplementing certain provisions of Circulars related to the field of road transport, road transport support services, vehicles, and drivers. Circular 05 provides some notable contents as…

THE FUNDAMENTAL CHANGES IN DETERMINING AND ADJUSTING THE AVERAGE ELECTRICITY SELLING PRICE

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On March 26, 2024, Deputy Prime Minister Le Minh Khai signed Decision No. 05/2024/QD-TTg regarding the mechanism for adjusting the average retail electricity price ("Decision 05"). Decision 05 replaces Decision No. 24/2017/QD-TTg on the mechanism for adjusting the average retail electricity price ("Decision…

DEDUCTING DEFENDANT ALLOWANCE SHALL BE DETERMINED FROM THE TIME OF ARISING OF OBLIGATION

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On March 20, 2024, the Hanoi Tax Department issued Official Letter No. 13382/CTHN-TTHT ("Official Letter 13382") providing detailed guidance on the registration process for dependent family deductions, including biological parents, step-parents, adoptive parents, and legal guardians of the taxpayer.…

MODERN TECHNOLOGY ADVERTISEMENT ARE ALLOWED IN SOME SQUARE AND PARK AREAS IN HANOI

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On March 12, 2024, the Chairman of Hanoi People's Committee signed Decision No. 24/2024/QD-UBND on promulgating the Regulations on management of outdoor advertising activities in Hanoi City ("Decision 24" ). Decision 24 replaces Decision 01/2016/QD-UBND Regulations on management of outdoor advertising…

THE MINISTRY OF CONSTRUCTION ANNOUNCES THE NATIONAL CONSTRUCTION PRICE INDEX FOR 2023

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On March 13, 2024, the Ministry of Construction issued Decision No. 167/QD-BXD announcing the Construction Price Index for the year 2023 ("Decision 167"). The Construction Price Index is determined and announced annually by the Ministry of Construction. It reflects the fluctuation of construction prices…

CONTRACTORS SHALL BE POSTED ON THE NATIONAL BIDDING PAGE AND MUST GUARANTEE THREE TIMES THE BID SECURITY AMOUNT IN CASE OF FAILURE TO SIGN THE CONTRACT AFTER WINNING THE BID

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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…

SUPLEMENTED REGULATIONS ON TEMPORARY USE OF FORESTS FOR POWER NETWORK CONSTRUCTION PURPOSES

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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…

GUIDELINES ON LAW ON BIDDING 2023 REGARDING INVESTOR SELECTION

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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…

MORE CONVENIENT IN PROVING CONDITIONS WHEN SENDING VIETNAMESE WORKERS TO WORK ABROAD UNDER CONTRACTS

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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…

MANY SOLUTIONS AND TARGETS ARE APPROVED FOR ECONOMIC STABLE RECOVERY AND DEVELOPMENT IN 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…

REDUCTION OF CERTAIN CONDITIONS AND ADMINISTRATIVE PROCEDURES FOR THE LEGAL PRACTICE FIELD

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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…

STATE MEDICAL FACILITIES ARE ALLOWED TO LEASE ASSETS AND MEDICAL AND NON-MEDICAL SERVICES

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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…