Real estate business conditions for foreign investors
What conditions which foreign investors must meet to deal in real estate in Vietnam?To be permitted for investing in real estate projects in Vietnam, foreign investors must satisfy the conditions prescribed by the Law on Investment, Law on Enterprises, Law on Real Estate Business, and documents guiding the implementation of these laws, specifically as follows:Firstly, foreign […]
Government to cut half of business conditions in 2018
To promote fast and sustainable economic growth, efforts should be devoted to further improving the business climate and economic competitiveness, reforming specialized inspections of imports and exports and cutting business conditions. This is highlighted in Resolution 01/NQ-CP inked by Prime Minister Nguyen Xuan Phuc on the first day of 2018, which outlines the tasks and […]
Removing specialised inspection obstacles for the transportation field
Recently, the Ministry of Transport has fundamentally change the method of management for specialised inspections with the implementation of risk assessment management. Despite a wide application of international practices and enhancement of post clearance audits, there have still been overlaps in the specialised inspection process between the Ministry of Transport and other ministries. Not too […]
Vehicle importers required to have auto parts certificates
In addition to vehicle type approval (VTA) certificates issued by authorities in exporting countries, enterprises must submit similar certificates for some auto parts when they import cars into Vietnam. The Ministry of Transport has issued Circular 03/2018/TT-BGTVT guiding the implementation of government Decree 116 that tightens controls on quality, technical safety and environmental protection of […]
PPP regulations to facilitate project implementation
Public-private partnership (PPP) regulations would be amended toward facilitating project implementation while ensuring strict management of projects and harmony of the interests among the State, investors and users, heard a recent meeting that discussed a draft decree to replace Decree 15 of 2015 regarding investment in the PPP form. According to Decree 15, state capital […]
The Government abrogates many business conditions managed by Ministry of Industry and Trade
The Government issued a Decree No. 08/2018/NĐ-CP about adjustment of some Decrees regarding to business investment conditions under state management by the Ministry of Industry and Trade. Typically, in the field of petroleum, the Government has abrogated some articles and clauses of Decree No. 83/2014 / ND-CP dated 3/9/2014 of the Government on petroleum business. […]
Maternity leave for foreign female employees
I am a foreigner working as a teacher at an international school in Ho Chi Minh City. I signed a two-year contract with a local school from August 2017 to July 2019. I recently found out that I am pregnant and expected to give birth in late June next year. As I know, Vietnamese law […]
Important regulations effective from this month
Heavy fines for littering public places, vocational training support for young people and change of dialing codes are among important regulations that will be effective from this month. Government’s Decree 155/2016/ND-CP was put into action on Wednesday, imposing heavy fines amounting to between VND3 million (US$133) and VND7 million ($313) on those who litter public […]
Decree on piloting granting e-visas for foreigners entering VN
The government has issued Decree No. 07/2017/ND-CP defining procedures on piloting granting e-visas for foreigners entering Vietnam. According to the Decree, foreigners registering for e-visas will realise these following steps: 1 – Getting access to the website on granting e-visas for registering personal information. 2 – Receiving codes for e-files and paying visa fee It […]
Special preferential import tax policies taking effect from 2018
The Vietnamese government has just issued ten decrees to implement Vietnam’s special preferential import tax commitments made in its free trade agreements with various partners. There are some outstanding features in the 2018 special preferential import tax. The decrees outline the special preferential import tax rates Vietnam will provide its different partners and include detailed […]