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What's New

4 Dec 2019 + Circular 15 repealing legal instruments jointly issued by the Minister of Home Affairs (prior to 2001), 27 November
+ Decree 88 regulating imposition of penalties for administrative offences in the currency and banking sector, 14 November
27 Nov 2019 + Decree 116 dated 4 October 2013 with regulations for implementation of the Law on Anti-Money Laundering, as amended 14 November
+ Circular 20 of the State Bank amending Circular 35 dated 31 December 2013 guiding the law on anti-money laundering, 14 November
26 Nov 2019 + Decision 2415 fixing the maximum interest rates chargeable by credit institutions and foreign bank branches for raising VND deposits, 18 November
+ Decision 2416 fixing the maximum VND short-term lending interest rate chargeable by credit institutions and foreign bank branches to borrowers for capital requirements in certain economic sectors and industries, 18 November
25 Nov 2019 + Circular 12 repealing legal instruments issued or jointly issued by the Minister of Culture and Information (prior to 2007), 19 November
21 Nov 2019 + Decree 89 amending Decree 92 dated 1 July 2006 on conditional industries and trades in the civil aviation sector and Decree 30 dated 8 April 2013 on air transport business and general aviation activities, 15 November
+ Decree 90 stipulating minimum area wage rates as from 1 January 2020 for employees working pursuant to labour contracts, 15 November
+ Decree 86 regulating the level of legal capital of credit institutions and foreign bank branches, 14 November
+ Circular 16 with implementing regulations on Decree 109 dated 29 August 2018 on organic agriculture, 1 November
15 Nov 2019 + Decree 82 regulating import of second hand ships for dismantling, 12 November
+ Decree 73 dated 1 July 2016 with regulations for implementation of the Law on Insurance Business (Amended) as amended 7 November 2018 and further amended 1 November 2019
+ Latest Draft new Law on Securities (due to be passed this month November 2019), October
13 Nov 2019 + Circular 17 dated 31 May 2017 regulating conditions for foreign sailors to work on Vietnamese ships, as amended 7 November
+ Draft Decree regulating assignment of specific sea areas to organizations and individuals to exploit and use marine resources, October
11 Nov 2019 + Draft Law on Enterprises (Amended) (due to be discussed by the National Assembly this month and to be passed in March 2020), October
4 Nov 2019 + Draft new Law on Investment (due to be discussed by the National Assembly early this month November 2019, and to be passed in March 2020) 4 October
1 Nov 2019 + Decree 79 amending Decree 45 dated 15 May 2014 regulating land use fees (providing for a 5 year grace period for payment of land use fees on land allocated for resettlement), 26 October
+ Decision 1461 approving the investment policy for the Dung Quat Gas Turbine Combined Cycle Power Plant I Project, 25 October
30 Oct 2019 + Draft Law amending the Law on Construction (due to be discussed by the National Assembly in November, and to be passed in the first half of 2020), 5 September
25 Oct 2019 + Resolution 790 amending the Legislative Program for year 2019, 17 October
+ Decision 1264 approving the task of formulation of the National Power Development Planning in the period of 2021-2030 with the view to 2045, 1 October
16 Oct 2019 + Decree 78 amending Decree 148 regarding authority of market surveillance forces to issue inspection decisions, 14 October
+ Circular 10 dated 29 June 2016 guiding Decree 135/2015/ND-CP on offshore indirect investment, as amended 11 October
+ Decision 21 dated 14 August 2014 guiding the scope of foreign exchange activities by banks, and the conditions, sequence and procedures for obtaining consent to conduct forex activities, as amended 11 October
+ Draft Decision on the encouragement mechanism for development of solar power in Vietnam, 19 September
14 Oct 2019 + Latest Draft Law on Public Private Partnership [PPP] Investment Form, August
10 Oct 2019 + Draft 2, Law amending the Law on Entry, Exit, Transit and Residence of foreigners in Vietnam, August
+ Decision 1602 listing legal instruments in the information and communications sector which are no longer effective, 1 October
8 Oct 2019 + Resolution 774 amending the Legislative Program for year 2019, 20 September
2 Oct 2019 + Decree 75 regulating penalties for administrative breaches in the competition sector, 26 September
+ Draft Decree with detailed regulations for implementing a number of articles of the 2018 Law on Competition, 23 September
+ Latest Draft new Law on Securities (due to be passed later this year), August
26 Sep 2019 + Decision 4369 regulating inspections in the pharmaceutical and cosmetics industries, 23 September
24 Sep 2019 + Draft Resolution on corporate income tax applicable to small and micro enterprises, September
20 Sep 2019 + Decision 28 amending ordinary import duty rates including reducing import duty on crude petroleum oil from 5% to 0%, 16 September
+ Decision 1870 announcing State Bank refinancing interest rate at 6%, discount interest rate at 4% and repo rate at 7%, 12 September
18 Sep 2019 + Latest draft Amended Labour Code, 11 August
9 Sep 2019 + Circular 11 regulating special control of credit institutions, 2 August
+ Circular 21 dated 9 September 2013 regulating operational network of commercial banks, as amended (regarding the reporting regime), 30 August
+ Circular 28 dated 18 December 2015 regulating digital signatures, digital certificates and digital signature certification services of the State Bank, as amended (regarding the reporting regime), 30 August
+ Circular 24 dated 29 December 2017 regulating revocation of licences and liquidation of assets of credit institutions and foreign bank branches, and revocation of licences of representative offices of foreign credit institutions and other foreign organizations with banking operations, as amended (regarding the reporting regime), 30 August
+ Circular 46 dated 28 December 2018 regulating transition in the case of a major shareholder in any one credit institution and his/her related persons owning 5% or more of the charter capital of any other credit institution, as amended (regarding the reporting regime), 30 August
5 Sep 2019 + Circular 19 guiding investment sectors and contents of feasibility study reports of PPP projects in the transport sector, 23 May
30 Aug 2019 + Resolution 63 with the List of 24 industry master plans repealed pursuant to the Law on Planning, 26 August
+ Circular 36 regulating issuance and revocation of electricity operating licences as amended, 26 August
+ Draft Decree adding industries and trades entitled to investment incentives, August
29 Aug 2019 + Decision 2617 with the brackets of average electricity wholesale prices charged by EVN to Power Corporations for year 2019, 22 August
+ Decree 33 regulating management, use and exploitation of road transportation infrastructure assets (including provisions on PPP and BT projects), 23 April
28 Aug 2019 + Latest Draft Decree with regulations for implementation of the Law on Cybersecurity, 21 August
27 Aug 2019 + Resolution 50 of the Politburo on attracting and managing foreign investment, 20 August
+ Draft Circular guiding registration of mortgages of land use right and assets on the land, August
23 Aug 2019 + Resolution 751 on interpretation of a number of provisions of the 2017 Law on Planning, 16 August
+ Decree 69 regulating use of public assets for payment to an investor implementing an investment project for construction of works in the form of a build-transfer [BT] contract, 15 August
21 Aug 2019 + Resolution 05 guiding application of articles 214, 215 and 216 of the Criminal Code regarding social insurance fraud, including employers evading payment of employees' contributions for social insurance, unemployment insurance and health insurance, 15 August
19 Aug 2019 + Circular 06 guiding foreign exchange control of foreign direct investment activities in Vietnam, 26 June
16 Aug 2019 + Law 43 on Education, 14 June
+ Decision 02 dated 13 January 2012 as amended to take "Life Insurance" off the List of essential goods and services for which a standard form contract and general trading conditions must be registered, 13 August
+ Circular 05 dated 12 March 2014 guiding opening and operating indirect investment capital accounts to conduct indirect investment activities in Vietnam, as amended 26 June
12 Aug 2019 + Notice 280 regarding a Government meeting held to discuss solutions to ensure power supply and proposing new mechanisms for some power source projects, 6 August
9 Aug 2019 + Decree 67 regulating the method for calculating fees and rates of fees for grant of mineral mining rights ["mining fees"], 31 July

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