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Official Gazette

Monday, February 26, 2018
Tags: business
Major policies effective in January Major policies effective in January
These include the Law on Belief and Religion, social insurance policies, the Law on Foreign Trade Management, the Tourism Law and provisions on the penal liability of commercial legal persons.
Protection of ownership over property under civil law Protection of ownership over property under civil law
An individual or a legal person that wishes to have other rights over property must also prove the bases for establishment of such rights. Specifically, easement must be established due to natural terrain or in accordance with a law, an agreement or a testament, while usufruct and the right of superficies must arise in accordance with a law, an agreement or a testament.
Real estate business conditions for foreign investors Real estate business conditions for foreign investors
What conditions which foreign investors must meet to deal in real estate in Vietnam?
Justice sector seeks to improve legislation Justice sector seeks to improve legislation
At the arrival of New Year 2018, Deputy Minister of Justice Phan Chi Hieu grants an interview to Vietnam Law and Legal Forum on the Government’s legislative work and the Ministry’s key tasks in 2018.
Government to cut half of business conditions in 2018 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.
New rules on guarantees for housing projects New rules on guarantees for housing projects
On September 29, 2017, the State Bank of Vietnam enacted Circular 13/2017/TT-NHNN (effective as of November 15, 2017) amending a number of articles of Circular 07/2015/TT-NHNN on bank guarantees (Circular 07). The main changes brought about by the new text relate to guarantees for housing projects and are embedded in Article 12 of Circular 07.
IPR-related crimes under the Penal Code IPR-related crimes under the Penal Code
The Law Amending a Number of Articles of the 2015 Penal Code (the Code) tool effect on January 1, 2018. The new legal texts provide more drastic measures for IP rights holders and enforcement bodies to fight IP infringements in general and software piracy in particular.
Five thousand administrative procedures cut since 2017 Five thousand administrative procedures cut since 2017
Since the beginning of 2017, 5,000 administrative procedures and 24 conditional business lines have been trimmed, with another 3,000 business conditions on the chopping block, the Vietnamese Government said recently.
Cabinet officially slashes 675 business conditions Cabinet officially slashes 675 business conditions
In order to improve the legal system as well as the investment and business environment, the Government on January 15 issued Decree 08 to remove 675 out of existing 1,216 business and investment conditions under the management of the Ministry of Industry and Trade.
New corporate income tax law aims to halt tax evasion New corporate income tax law aims to halt tax evasion
In the latest draft of Law on Corporate Income Tax, the Ministry of Finance has raised a regulation aimed at preventing multinational companies with related-party transactions from evading taxes.

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