Weekly legal update

THE VIETNAM LABOR FEDERATION CONTINUES TO SUPPORT EMPLOYEES FACING REDUCED WORKING HOURS AND JOB LOSS FROM APRIL 1, 2023, UNTIL DECEMBER 31, 2023

  • 08-09-2023
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According to Conclusion No. 02/KL-ĐCT dated August 25, 2023, by the Presidium of the Vietnam General Confederation of Labor, many businesses are currently facing difficulties due to reduced or canceled orders, resulting in a significant number of union members and laborers experiencing reduced working…

USING THE EXISTING FOREST PROTECTION PLANS TO CONSIDER CHANGING FOREST USE PURPOSES WHEN THERE IS NO NATIONAL FORESTRY PLAN OR PROVINCIAL PLANNING

  • 08-09-2023
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Based on the provisions of Article 19 of the 2017 Forestry Law, one of the conditions for changing the purpose of forest land to another purpose is that it must be in line with national-level forestry planning and land use planning. Additionally, according to Resolution 61/2022/QH15 and Resolution 131/NQ-CP,…

MANY CHANGES IN PROCEDURES AND DOSSIERS FOR REGISTRATION OF INDUSTRIAL PROPERTY RIGHTS

  • 08-09-2023
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On August 23, 2023, the Government issued Decree No. 65/2023/ND-CP (“Decree 65”) to detail a number of articles and measures to implement the Intellectual Property Law (“Decree 65”) on industrial property, protection of industrial property rights, rights to plant varieties and state management of intellectual…

UNTIL 2030, PRIORITIZING THE DEVELOPMENT OF THE INLAND CONTAINER DEPOT SYSTEM CONNECTING MAJOR SEAPORTS IN HAI PHONG, HO CHI MINH CITY, AND BA RIA-VUNG TAU

  • 25-08-2023
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On August 22, 2023, Deputy Prime Minister Tran Hong Ha signed Decision No. 979/QD-TTg approving the shallow-water port system development plan for 2021 - 2030, with a vision towards 2050 ("Decision 979"). Shallow-water ports are a part of the transportation infrastructure, serving as key hubs in the…

REGULATIONS ON THE INSPECTION REGISTRATION PROCEDURE FOR IMPORTED CARS AND COMPONENTS UNDER EVFTA

  • 25-08-2023
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According to regulations, imported vehicles into Vietnam must undergo procedures for quality, safety, technical, and environmental certification. In relation to this matter, on August 16, 2023, the Government issued Decree No. 60/2023/ND-CP concerning the inspection and certification of the technical…

THE STATE BANK ALLOWS CREDIT LENDING TO SERVE CAPITAL CONTRIBUTION, OVER-THE-COUNTER SHARE PURCHASES, INVESTMENT COOPERATION, AND FINANCIAL COMPENSATION

  • 25-08-2023
  • 2021
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In the context of ongoing economic challenges and to further prioritize economic growth promotion, on August 23, 2023, the State Bank issued Circular No. 10/2023/TT-NHNN ("Circular 10") to suspend the enforcement of certain provisions of Circular No. 39/2016/TT-NHNN (as amended and supplemented by Circular…

COVID-19 PREVENTION MEDICATIONS ARE PERMITTED TO USE FOR MEDICAL EXAMINATION PURPOSE

  • 25-08-2023
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During the recent period, due to the outbreak of Covid-19, some localities and healthcare facilities have procured medications, supplies, and biological products in excess of actual needs using state budget funds for emergency treatment and care of Covid-19 patients. As of now, the Covid-19 situation…

STRENGTHENING THE MANAGEMENT OF RADIO FREQUENCY LICENSING

  • 25-08-2023
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The amended and supplemented Law on Radio Frequencies was passed by the National Assembly on Nov 09, 2022, and has officially taken effect from 01 Jul 2023; the outstanding view of the Law is to strictly manage, rationally, and effectively allocate the right to use radio frequencies, creating a healthy…

DETAILED GUIDELINES ON TECHNOLOGY TRANSFER OF DRUG MANUFACTURING AND REGISTRATION OF TECHNOLOGY TRANSFERRED DRUGS IN THE MARKET

  • 18-08-2023
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In Decision No. 376/QD-TTg dated March 17, 2021, the Prime Minister sets the goal that by 2030, at least 100 patented drugs, vaccines, medical biological products, and drugs that Vietnam has not been able to produce, must be technologically transferred. In order to achieve the goal set out in Decision…

HO CHI MINH CITY PEOPLE'S COMMITTEE IS GRANTED THE RIGHT TO PARTIALLY ADJUST LOCAL PLANNING

  • 18-08-2023
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Within the framework of Resolution No. 98/2023/QH15 dated June 24, 2023, of the National Assembly on piloting a number of specific mechanisms and policies for the development of Ho Chi Minh City, recently, on August 10, 2023, the Prime Minister issued Decision 20/2023/QD-TTg (“Decision 20”) piloting…

EXTENDING THE DURATION OF CREATION FOR NATIONAL PLANNING UP TO 36 MONTHS

  • 18-08-2023
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On August 12, 2023, the Government promulgates Decree 58/2023/ND-CP ("Decree 58") amending and supplementing a number of articles of Decree 37/2019/ND-CP ("Decree 37") detailing a number of articles of the Law on Planning. ATA Legal Services would like to summarize and analyze some notable contents…

CHANGES IN ISSUING VISAS FOR FOREIGNERS ENTERING VIETNAM

  • 18-08-2023
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To implement the policy of enhancing exchanges and international relations with countries, and to 'open doors' at the borders to attract international tourists and investment into Vietnam, on August 14, 2023, the Government issued Resolution No. 127/NQ-CP on the application of electronic visas for citizens…

NOTICE OF ANTI-MONEY LAUNDERING OBLIGATIONS TO BE IMPLEMENTED IN THE FISCAL YEAR OF BUSINESSES

  • 11-08-2023
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On July 28, 2023, the Governor of the State Bank of Vietnam ("SBV") issued Circular No. 09/2023/TT-NHNN guiding the implementation of certain provisions of the Anti-Money Laundering Law ("Circular 09"). Circular No. 09 guides criteria and methods for assessing money laundering risks of reporting entities;…

ORIENTATION FOR DRAFT AND AMENDMENT OF LEGAL DOCUMENTS ON TAXATION, PROPERTY AUCTION AND INVESTMENT IN ROAD TRANSPORT WORKS

  • 11-08-2023
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On July 28, 2023, the Government issued Resolution No. 115/NQ-CP on the specialized session for lawmaking in July 2023 (“Resolution 115”). During the session, the Government outlined directions for building and amending various legal provisions in legislative documents, including the Asset Auction Law;…

OFFICIALS WORKING IN THE FIELD OF CONSTRUCTION MAY ONLY HOLD MANAGING POSITIONS AFTER RESIGNING FOR AT LEAST 12 TO 24 MONTHS

  • 11-08-2023
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Clause 2 of Article 17 of the 2020 Law on Enterprises and Section 4 of Article 62 of the 2023 Cooperative Law stipulate provisions regarding entities that are not authorized to establish and manage enterprises or cooperatives, federations of cooperatives, which includes references to individuals holding…