The Housing Law
Taking effect on July 1 this year, the 183-article Housing Law (the Law) creates a transparent legal framework to meet the changing needs of the real estate market. The scope of regulation of this Law is well-defined. It governs development investment in houses, including commercial houses, social houses, official-duty houses, houses for resettlement, houses of […]
New Law on Civil Status
Taking effect January 1 next year, the new Law on Civil Status (the Law) will guarantee harmony among the legal frameworks on civil status, family records and citizen identity. Composed of 77 articles arranged in seven chapters, the Law focuses on competence and procedures for civil status registration. Ensuring civil status registration right and obligation of […]
Revised Law on Environmental Protection
Prevention of environmental pollution and degradation is regarded as the key task in the revised Environmental Protection Law (the Law), which was passed in June this year. The 170-article Law governs environmental protection activities; policies, measures and resources for environmental protection; and rights, obligations and responsibilities of agencies, organizations, households and individuals in environmental protection. […]
New Law on Investment of State Capital in Enterprises
The State only invests its capital to form and maintain enterprises engaged in activities in some industries and fields in which other economic sectors do not investor enterprises in which the State needs to hold 100% charter capital or shareholdings or capital contributions. This is clearly stated in the Law on Management and Use of […]
Law on Occupational Safety and Hygiene
The Law on Occupational Safety and Hygiene (the Law), which was passed in June and will take effect July next year, seeks to assure occupational safety and hygiene and introduces policies for victims of labor accidents and occupational diseases. It also provides state management and rights and obligations of organizations and individuals in occupational safety […]
Import of used machinery eased
Conditions on the import of second-hand machinery and equipment are loosened under the latest draft circular of the Ministry of Science and Technology, according to Do Hoai Nam, Director of the Ministry’s Department of Technology Appraisal, Examination and Assessment. Under the draft which will replace Circular No. 20/2014/TT-BKHCN of July 15, 2014, on import of […]
New property policy lures overseas Vietnamese, foreigners
Living in the UK, Hoang has just bought a seaside villa in Ba Ria-Vung Tau southern province at over VND 5 billion (nearly USD 23,000), a price worth to make investment as she said.Hoang told the Vnexpress online the money for the villa, if put on savings in the UK, could earn her a net profit […]
New rules to enhance management of foreigners’ entry and exit
The Government on August 6 issued a regulation prescribing principles, contents and forms of coordination among, and responsibilities of, ministries, ministerial-level agencies and local administrations in management of entry, exit, transit and residence of foreigners in Vietnam. Under Decree No. 64/2015/ND-CP, ministries, sectors and localities are required to proactively, regularly and closely cooperate with one […]
Government urges finalization of guidance for new laws on enterprises, investment
In order to surmount enterprises’ difficulties in making enterprise or investment registration, better the country’s business environment and raise its competitiveness, the Government on August 7 issued Resolution No. 59/NQ-CP to request the line ministries to complete finalizing draft decrees guiding the Enterprise Law and the Investment Law. Under the resolution, the Ministry of Planning […]
Industries face more penalties
Under the new Circular No 11/2015/TT-BKHCN, apart from the main sanctions, additional penalties and remedial measures shall be imposed on enterprises, depending on the nature and severity of their violations. The provisions of Circular No 11/2015/TT-BKHCN (hereinafter referred to as “Circular 11″), in which a number of regulations on additional penalties and remedial measures are […]