Coming into force from July next year, the 2017 Railway Law, passed by the National Assembly in June, prescribes railway infrastructure planning, investment, construction, protection, management, maintenance and development. It also stipulates railway industry and railway business.

The revised Law on Technology Transfer, which was passed in June, is expected to create a solid legal basis to promote technology transfer, technology innovation, commercialization of scientific research and technological development results, and application of latest science and technology advances.

The Law on Support for Small- and Medium-sized Enterprises, which is the first of its kind in Vietnam, will enter into force on January 1 next year.

Consisting of 10 chapters and 73 articles, the Law on Organization of Criminal Investigation Bodies regulates the system of investigating agencies in Vietnam and clearly defines their tasks and powers.

With 73 articles arranged in 11 chapters, the Law on Enforcement of Custody and Temporary Detention regulates the principles, order and procedures for enforcement of custody and temporary detention.

Taking effect on January 1 this year, the Accounting Law regulates accounting work, accounting apparatus, accountants, provision of accounting services, and state management of accounting.

Coming into force this July, the Law on Property Auction, which was passed by the National Assembly last November, aims at ensuring publicity, transparency and objectivity of property auction.

Coming into force from July 2017, the Maritime Code of Vietnam, which was passed by the National Assembly in November 2015, is expected to give a new momentum to the nation’s maritime sector in line with its international commitments.

Coming into force from January 1 next year, the Law on Press, which was passed last April, provides a legal basis to facilitate press development in a healthy, active and effective manner in response to the country’s renewal and international integration process.

From January 1 next year, Vietnam’s revised Law on State Budget will take effect, providing more complete and comprehensive legal grounds for the state budget management. The Law has been devised in tune with the Constitution, the Law on Organization of the Government, the Law on Organization of Local Administrations and other relevant laws as well as international practices.