LEGAL UPDATES
NOTABLE CHANGES TO REGISTRATION AND MANAGEMENT OF OPERATIONS OF FOREIGN NON-GOVERNMENTAL ORGANIZATIONS IN VIETNAM
- 16-09-2022
- 429
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On August 31, 2022, the Government issued Decree 58/2022/ND-CP (“Decree 58”) replacing Decree 12/2012/ND-CP (“Decree 12”) in order to amend and supplement regulations on registration and management of operation of foreign non-governmental organizations (“FNGOs”) in Vietnam. Decree 58 has various changes…
MUTIPLE NEW CASES ARE CONSIDERED TO BE GIVEN SUSPENDED SENTENCE
- 16-09-2022
- 479
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A suspended sentence is a conditional measure of exemption from prison sentence, applicable to imprisonment of up to 3 years, based on the consideration of the offender's record and mitigating factors and imprisonment is deem unnecessary. The Resolution No. 01/2022/NQ-HDTP ("Resolution 01") amending…
THE MINISTRY OF PLANNING AND INVESTMENT HAS APPROVED THE PLAN ON SIMPLIFICATION OF VARIOUS ADMINISTRATIVE PROCEDURES IN THE SECTORS OF BIDDING AND CO-OPERATIVE ESTABLISHMENT
- 09-09-2022
- 576
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One of the principal missions in innovating administrative procedures, which is focused on by ministries, departments and localities, is fulfilling the legal framework; strictly governing the implementation of administrative procedures; and reviewing, proposing the reduction of inappropriate administrative…
INDIVIDUALS AND ORGANIZATIONS CAN USE ELECTRONIC IDENTIFICATION ACCOUNTS AS THEIR CITIZEN IDENTIFICATIONS/ENTERPRISE REGISTRATION CERTIFICATES WHEN ENTERING INTO ELECTRONIC TRANSACTIONS
- 09-09-2022
- 662
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In order to implement the goal of establishing a national database on population and businesses of the State, on September 5, 2022, the Government issued Decree No. 59/2022/ND-CP (“Decree 59”) supplementing and concretizing regulations related to electronic identification and authentication in Decree…
PERSONAL DATA OWNED OR CREATED BY SERVICE USERS IN VIETNAM MUST BE STORED IN VIETNAM
- 09-09-2022
- 566
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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…
NEW REGULATION ON SECURITIES PAYMENT AND CLEARING PROCESS
- 26-08-2022
- 448
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In order to facilitate and protect the benefits of investors participating in the stock market, on August 19, 2022, Vietnam Securities Depository (VSD) issued Decision 109/QĐ-VSD, stipulating the regulations of securities payment and clearing process (“Decision 109”), replacing Decision 211/QĐ-VSD dated…
CHARGE OF COMPULSORY THIRD-PARTY CIVIL LIABILITY INSURANCE EQUAL TO 5% CHARGE FOR COMPULSORY CONSTRUCTION WORKS INSURANCE
- 26-08-2022
- 528
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In order to concretize regulations on compulsory insurance in construction investment activities according to Decree 20/2022/ND-CP dated March 10, 2022 and Decree 119/2015/ND-CP dated November 13, 2015, recently, on August 11, 2022, the Ministry of Finance issued Circular 50/2022/TT-BTC (“Circular 50”)…
SIMPLIFYING REGISTRATION PROCEDURES FOR ISSUANCE OR CHANGES OF INTERNATIONAL BOND
- 26-08-2022
- 480
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On July 29, 2022, the State Bank of Vietnam issued Circular No. 10/2022/TT-NHNN (“Circular 10”) guiding foreign exchange management with regard to the issuance of international bonds by enterprises that are not guaranteed by the Government. Compared to the current Circular (Circular 17/2013/TT-NHNN…
MORE VIOLATION CASES ON SECURITIES PAYMENT AND CLEARING PROCESS
- 26-08-2022
- 409
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On August 19, 2022, Vietnam Securities Depository (VSD) promulgated Decision No. 110/QD-VSD (“Decision 110”) with an attachment of Regulations on depository members at VSD, replacing the Regulations on depository members attached to Decision No. 112/QD-VSD (“Decision 112”) dated August 23, 2021. The…
-400x300.png "MANAGERS, TEACHERS, AND EMPLOYEES OF NON-PUBLIC PRESCHOOLS AND PRIMARY SCHOOLS AFFECTED BY COVID-19 EPIDEMIC MAY BE SUBSIDIZED UP TO 3.7 MILLION VND")
MANAGERS, TEACHERS, AND EMPLOYEES OF NON-PUBLIC PRESCHOOLS AND PRIMARY SCHOOLS AFFECTED BY COVID-19 EPIDEMIC MAY BE SUBSIDIZED UP TO 3.7 MILLION VND
- 19-08-2022
- 530
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Facing the impact of the Covid-19 pandemic on education, especially on non-public preschool and primary education, on August 11, 2022, the Government issued Resolution 103/NQ-CP (“Resolution 103”) on subsidies for managerial officials, teachers, and employees of non-public preschools and primary education…
CONSTRUCTION ENTERPRISES AND HOUSEHOLDS NOT SUBJECT TO HOUSEHOLD BUSINESS REGISTRATION SHALL NOT BE ABLE TO ENJOY INTEREST RATE SUBSIDIES PURSUANT TO DECREE 31/2022/NĐ-CP
- 19-08-2022
- 480
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On May 20, 2022, the Government issued Decree 31/2022/NĐ-CP (“Decree 31”) on interest subsidies provided by the State budget for loans of enterprises, co-operatives, household businesses (hereinafter referred to as “Enterprises”). In order to instruct commercial banks to implement the interest subsidies…
MULTIPLE CHANGES IN THE ASSESSMENT PROCEDURE OF TOTAL CONSTRUCTION INVESTMENT AMOUNT AND THE ASSESSMENT PROCEDURE OF CONSTRUCTION ESTIMATED AMOUNT
- 19-08-2022
- 512
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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…
CONTINUOUSLY ASSISTING EMPLOYEES AFFECTED BY THE COVID-19 PANDEMIC WHO SUBMITTED DOSSIERS BEFORE 20/12/2021
- 19-08-2022
- 385
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In order to support employees and employers affected by the Covid-19 pandemic, the National Assembly’s Standing Committee adopted Resolution No. 03/2021/UBTVQH15 (“Resolution 03”) dated September 24, 2021 on using 30.000 billion VNĐ from balance of the Unemployment Insurance Fund by the end of 2020…
ALL PROCEDURE OF SPECIFIC DIRECT CONTRACTING ON TRANSPORT AND HEALTH INFRASTRUCTURE MUST BE COMPLETED BEFORE 31/12/2023
- 12-08-2022
- 540
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Pursuant to Article 5 of Resolution No. 43/2022/QH15 dated January 11, 2022 of the National Assembly on fiscal and monetary policies for supporting socio-economic recovery and development program in 2022 and 2023, the Prime Minister, the head of the competent authority may consider and decide the direct…
-400x300.png "A LOT OF PERIODIC REPORTS ON PLANNING AND INVESTMENT ARE SIMPLIFIED")
A LOT OF PERIODIC REPORTS ON PLANNING AND INVESTMENT ARE SIMPLIFIED
- 12-08-2022
- 453
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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,…