Weekly legal update

THE FEE LEVEL FOR GRANTING WATER EXPLOITATION RIGHTS FOR DOMESTIC USE IS 0.1% - OFFICIALLY APPLIED FROM JULY 1, 2025

  • 01-06-2024
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To implement the 2023 Water Resources Law, on May 16, 2024, the Government issued Decree 54/2024/ND-CP, which regulates the practice of groundwater drilling, declaration, registration, licensing, water resources services, and the fees for water resources exploitation rights ("Decree 54"). Below are…

THE COURT STILL ACCEPTS AND RESOLVES DIVORCE CASES OF WHICH THE DEFENDANT'S ADDRESS IS UNKNOWN

  • 31-05-2024
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On May 16, 2024, the Council of Judges of the Supreme People's Court issued Resolution No. 01/2024/NQ-HDTP on instructions for applying a number of provisions of the Law on Marriage and Family issued by the Association. issued by the Council of Judges of the Supreme People's Court (“Resolution 01”).…

SUPPLEMENTING REGULATIONS TO IMPROVE THE EFFICIENCY OF DRUG BIDDING

  • 31-05-2024
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On May 17, 2024, the Minister of Health issued Circular No. 07/2024/TT-BYT regarding drug bidding at public healthcare facilities (“Circular 07”), replacing Circular No. 15/2019/TT-BYT (“Circular 15”), to guide the implementation of several provisions of the 2023 Procurement Law in the activities of…

PERMITTED TO SELL BAD DEBT AND SECURITY ASSETS AT A PRICE LOWER THAN THE PRINCIPAL BALANCE OF THAT BAD DEBT

  • 31-05-2024
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On May 16, 2024, the State Bank of Vietnam has just issued Circular No. 03/2024/TT-NHNN (“Circular 03”) amending and supplementing a number of Articles of Circulars related to selling and handling bad debts of asset management companies of Vietnamese credit institutions. Circular 03 provides some notable…

THE STRICT REGULATIONS IN THE PROCESS OF DETERMINING LAND PRICES

  • 27-05-2024
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SPECIALIZED LEGAL ARTICLES SERIES:ANALYSIS AND EVALUATION OF DIFFERENCES ON SPECIFIC ISSUES BETWEEN THE LAW ON LAND 2013 AND THE LAW ON LAND 2024 TOPIC 3: THE STRICT REGULATIONS IN THE PROCESS OF DETERMINING LAND PRICES Land prices are directly related to the financial obligations of land users to the…

THE NEW DECREE SUPPLEMENTS A LEGAL FRAMEWORK ON DIGITAL CURRENCY

  • 24-05-2024
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On May 15, 2024, the Government issued Decree No. 52/2024/ND-CP regulating non-cash payments (“Decree 52”), replacing Decree No. 101/2012/ND-CP (has been revised and supplemented). Decree 52 has the following notable amendments and additions: 1. Supplementing the legal framework on digital currency…

DECREE 53/2024/ND-CP - NEW REGULATIONS ON MANAGEMENT OF WATER RESOURCE USE

  • 24-05-2024
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The Water Resources Law 2023 has been approved by the National Assembly and will officially take effect from July 1, 2024. To ensure that the provisions of the 2023 Water Resources Law are quickly implemented in practice, on May 16, 2024, the Government issued No. 53/2024/ND-CP detailing the implementation…

STRENGTHEN THE POST-INSPECTION MECHANISM FOR FORM-BASED CONTRACTS AND GENERAL TRADING CONDITIONS AFTER REGISTRATION

  • 23-05-2024
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On May 16, 2024, the Government issued Decree No. 55/2024/ND-CP (“Decree 55”) guiding the Law on Consumer Rights Protection 2023. This Decree will replace Decree 99 /2011/ND-CP (“Decree 99”) guides the Law on Consumer Rights Protection 2010. Decree 55 has a number of notable new contents as follows:…

FROM MAY 15, 2024, MANY PROJECTS AND WORKS SHALL NOT BE REQUIRED APPROVAL FOR FIRE PREVENTION AND FIGHTING DESIGN

  • 18-05-2024
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On May 10, 2024, the Government issued Decree No. 50/2024/ND-CP ("Decree 50"), amending and supplementing certain provisions of Decree No. 136/2020/ND-CP ("Decree 136") and Decree No. 83/2017/ND-CP ("Decree 83") related to fire prevention and firefighting ("FPFF"). Some notable points of Decree 50 concerning…

USING PATENTS AND INDUSTRIAL DESIGNS WITHOUT COMPENSATION AS PER THE TEMPORARY RIGHTS REGULATION SHALL BE FINED UP TO 30 MILLION VND

  • 17-05-2024
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On May 4, 2024, the Government issued Decree No. 46/2024/ND-CP ("Decree 46") amending and supplementing certain provisions of Decree No. 99/2013/ND-CP ("Decree 99") on the sanctioning of administrative violations in the field of industrial property (as amended and supplemented by Decree No. 126/2021/ND-CP),…

NEW POINTS ON CONTRACTOR SELECTION PROVISIONS THROUGH PRICE NEGOTIATION IN THE PROCUREMENT OF MEDICINES AND MEDICAL EQUIPMENT

  • 17-05-2024
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On May 14, 2024, the Minister of Health issued Circular No. 05/2024/TT-BYT, which stipulates the list of drugs, medical equipment, and testing supplies subject to price negotiation, along with the procedures for selecting contractors for packages applying the price negotiation method (“Circular 05”).…

DIGITAL CERTIFICATES CAN BE ISSUED VIA THE ELECTRONIC IDENTIFICATION ACCOUNT

  • 17-05-2024
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To facilitate greater convenience for individuals and organizations engaging in electronic transactions, on May 9, 2024, the Government issued Decree 48/2024/NĐ-CP amending and supplementing several articles of Decree 130/2018/NĐ-CP (“Decree 130”) which provides detailed regulations on the implementation…

GUIDELINES FOR TRANSFER OF RIGHTS TO COLLECT FEE FOR USE OF INFRASTRUCTURE ASSETS

  • 10-05-2024
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On April 24, 2024, the Government issued Decree No. 44/2024/ND-CP regulating the management, use, and exploitation of road infrastructure assets ("Decree 44") to replace Decree No. 33/2019/ND-CP ("Decree 33"). The notable points of Decree 44 compared to Decree 33 are as follows: 1. Clarification of…

INFLATION CONTROL SHALL BE A PRIORITY DUTY OF THE GOVERNMENT

  • 10-05-2024
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On April 21, 2024, the Prime Minister issued Directive No. 12/CT-TTg on key tasks and solutions to promote socio-economic development ("Directive 12"). Accordingly, the Prime Minister assigned tasks to ministries, sectors, and relevant agencies to contribute to the consistent implementation of priority…

LOCAL OFFICERS IN FINANCIAL SECTORS SHALL CHANGE THEIR JOB AFTER EACH 02 - 05 YEARS

  • 10-05-2024
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On May 3, 2024, the Ministry of Finance issued Circular No. 27/2024/TT-BTC regulating the list and periodic transfer duration for officials and employees who do not hold leadership positions, directly manage, or directly handle financial matters at local authorities ("Circular 27"). Specifically: 1.…