Legal Update

Further implementation of tariff commitments under the framework of FTAs

Further implementation of tariff commitments under the framework of FTAs

The Ministry of Finance of Vietnam issued two Circulars providing guidance to implement the special preferential tariff in accordance with the roadmap of tariff reduction for two FTAs. The two...

Gov’t agrees with workers on amendment to social insurance

Gov’t agrees with workers on amendment to social insurance

Workers will receive a one-off social insurance payment after they quit their last jobs if the National Assembly approves an amendment to Article 60 of the 2014 Social Security Law. Minister...

 
Finance ministry okays more tax, customs red tape cuts

Finance ministry okays more tax, customs red tape cuts

The Ministry of Finance has issued decisions approving the removal or simplification of various administrative procedures in taxation and customs.Accordingly, six of the 46 procedures will be removed – one...

New regulations set for transfer of real-estate projects

New regulations set for transfer of real-estate projects

New regulations have been formulated for the transfer of real-estate projects under a new "Law on Real-Estate Business," which will take effect from July 1. Project investors will now be required...

 
Travel Firms Bemoan New Immigration Rule

Travel Firms Bemoan New Immigration Rule

Local travel agencies have voiced outcry over a new immigration rule that requires the period between two visa-exempt entries into Vietnam by foreign passport holders to be at least 30...

Vietnam, Eurasian Economic Union to sign FTA in May

Vietnam, Eurasian Economic Union to sign FTA in May

An agreement concerning a free trade zone between Vietnam and the Eurasian Economic Union (EEU) may be signed in May, according to Trade Minister of the Eurasian Economic Commission Andrey Slepnev. Addressing the...

 
No stashing of money abroad: Party agency

No stashing of money abroad: Party agency

HA NOI (VNS)— High-ranking Government and Party officials should be banned from keeping money in foreign bank accounts and owning property abroad, according to a proposal presented yesterday by the...

Payment caps proposed for foreign-investment housing projects

Payment caps proposed for foreign-investment housing projects

Investors of foreign-investment housing projects, who have not handed over the units to the buyers, will not be allowed to collect more than half of the apartment's value.This is part...

 
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