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Official Gazette

Monday, July 13, 2020
Tags: project implementation
Ho Chi Minh City - a smart megacity of modern times Ho Chi Minh City - a smart megacity of modern times
HCMC is to date home to 16 industrial parks and three export processing zones, occupying a total area of 4,530 ha, plus the Sai Gon Hi-Tech Park and the 43-ha Quang Trung Software City.
Financing projects in industrial zones: a view from practice Financing projects in industrial zones: a view from practice
Industrial zones have become a popular investment destination for foreign businesses. It is common now in practice to finance projects carried out in industrial zones and/or to take security over real estate located in those industrial zones. However, since the legal framework on lease of land in industrial zones remains complicated and has its limitations, such financing may turn risky for credit institutions in certain circumstances and at some stages. This article tries to present some legal aspects of extension of credit secured by real estate in industrial zones and suggest how to manage legal risks for credit institutions.
Top ten legal documents in 2019 Top ten legal documents in 2019
Selected by Vietnam Law and Legal Forum magazine, these include the Labor Code, the Law on Exit and Entry of Vietnamese Citizens, Prime Minister Decision 1068/QD-TTg,Law on Tax Administration, and a Prime Minister Decision adopting the national strategy for intellectual property rights, among others.
New regulation gives clearer policies for construction cost management of public projects New regulation gives clearer policies for construction cost management of public projects
State-funded projects will be subject to the new rule on management of construction investment costs, reads a decree recently issued by the Government.
Politburo resolution sets orientations for FDI attraction until 2030 Politburo resolution sets orientations for FDI attraction until 2030
The Political Bureau of the Communist Party of Vietnam has adopted its first-ever resolution on orientations to perfect institutions and policies for and improve quality and efficiency of foreign investment cooperation through 2030. Resolution 50/NQ-TW is expected to enable foreign investors to move forward for future development and help improve the quality of foreign investment inflow in the country.
National Innovation Center to be built under special mechanism National Innovation Center to be built under special mechanism
All activities related to construction and formulation of management and operation model of the National Innovation Center would not undergo normal procedures but follow a special and fast-track process.
Top 10 legal documents in 2018 Top 10 legal documents in 2018
Selected by Vietnam Law and Legal Forum magazine, these include the Law on Cyber Security, the Anti-Corruption Law, guiding texts of the Law on Foreign Trade Management, Government Decree 86/2018/ND-CP on foreign cooperation and investment in education, among others.
New rules on PPP investment issued New rules on PPP investment issued
From June 19, PPP investment projects will be implemented according to Decree 63/2018/ND-CP. This decree prescribes the fields, conditions, order and procedures for investment in the form of public-private partnership.
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.
PPP regulations to facilitate project implementation PPP regulations to facilitate project implementation
Public-private partnership 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.

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