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What's New

20 Oct 2017 + Draft Decree to implement the new Law on Competition (currently also a Draft and due to be passed early 2018), October
18 Oct 2017 + Circular 95 on corporate governance of public companies, with standard form Company Charter and standard form internal rules on corporate governance, 22 September
+ Circular 07 regulating bank guarantees, as amended 29 September
11 Oct 2017 + Draft Law on Special Administrative-Economic Units (Van Don, Bac Van Phong, and Phu Quoc), 31 August
10 Oct 2017 + Draft Law amending the Law on Credit Institutions, 13 September
+ Draft Law amending the Law on Credit Institutions (version tracking changes as compared to the previous draft), 13 September
3 Oct 2017 + Decision 824 dated 7 June 2017 approving equitization plan of Parent Company – Song Da Corporation as amended 29 September
+ Circular 11 regulating temporary import and re-export, temporary export and re-import, and bordergate transfer of goods, 28 July
28 Sep 2017 + Circular 18 repealing most of Joint Circular 58 regulating quality control of domestically produced steel and of imported steel, 21 September
+ Decision 1871 confirming ineffectiveness of the business investment conditions prescribed in Joint Circular 86 for banks to conduct insurance agency activities for life insurers, 20 September
27 Sep 2017 + Law 5 on Foreign Trade Management, 12 June
26 Sep 2017 + Decree 106 amending Decree 67 dated 27 June 2013 implementing the Law on Prevention and Control of Tobacco Harm, 14 September
+ Decree 107 amending Decree 193 dated 21 November 2013 implementing the Law on Cooperatives, 15 September
22 Sep 2017 + Decree 105 regulating liquor trading, 14 September
+ Draft Decree on logistics services to replace Decree 140, 17 September
18 Sep 2017 + Decree 102 regulating registration of security measures, 1 September
15 Sep 2017 + Circular 16 regulating project development and standard form Power Purchase Agreements for solar power projects, 12 September
+ Letter 7000 of the State Bank guiding banks to issue receipts when retaining the original vehicle registration certificates of vehicles mortgaged to the banks as loan security, 31 August
+ Circular 15 guiding implementation of Decree 68/2017/ND-CP of the Government dated 25 May 2017 on management and development of industrial clusters, 31 August
11 Sep 2017 + Circular 19 dated 6 September 2013 guiding purchase, sale and dealing with bad debts of Vietnamese credit institutions by Vietnam Asset Management Company, as further amended 14 August
8 Sep 2017 + Letter 11357 regarding difficulties in conducting accounting finalization of PPP contracts during the project operation stage, 25 August
7 Sep 2017 + Draft Decree on public private partnership [PPP] investment form, 22 June
+ Draft Decree on public private partnership [PPP] investment form, 22 June (version tracking changes as compared to current Decree 15)
6 Sep 2017 + Circular 10 guiding foreign exchange control of casino business operations, 30 August
+ Circular 15 dated 24 July 2014 guiding foreign exchange control of business activities of electronic gaming for foreigners, as further amended 30 August
+ Circular 87 on prudential requirements applicable to securities business organizations and measures for non-compliance, 15 August
30 Aug 2017 + Decision 1265 amending the coal industry master plan, 24 August
29 Aug 2017 + Decision 1255 approving the Plan on completing the legal framework on virtual assets and electronic and virtual money (cryptocurrencies such as bitcoin), 21 August
28 Aug 2017 + Draft Decree stipulating minimum area wage rates as from 1 January 2018 for employees working pursuant to a labour contract, August
25 Aug 2017 + Draft Law amending Laws on Value Added Tax, Special Sales [Consumption] Tax, Corporate Income Tax, Personal Income Tax, and Royalties, 17 August
23 Aug 2017 + Circular 23 guiding electronic issuance of work permits for foreigners to work in Vietnam, 15 August
21 Aug 2017 + Decree 93 regulating the financial regime applicable to credit institutions and foreign bank branches, and financial supervision and assessment of State capital investment in 100% State owned credit institutions and in other credit institutions with State owned capital, 7 August
18 Aug 2017 + Circular 02 regulating debt factoring activities of credit institutions and foreign bank branches, 17 May
16 Aug 2017 + Decree 94 regulating State monopoly goods and services in commercial activities and the geographical area of such monopoly, 10 August
+ Decision 1165 approving equitization plan of Parent Company – Thanh Le Corporation (Thalexim), 9 August
+ Circular 12 regulating issuance and revocation of electricity [power] operating licences, 31 July
11 Aug 2017 + Circular 16 regulating standard forms for conducting investment procedures and reporting investment activities, 18 November 2015
9 Aug 2017 + Decision 1381 regulating financial inspections of economic organizations and projects with foreign owned capital, 24 July
+ Circular 57 dated 19 December 2014 regulating price brackets for electricity generation, as amended 3 August
+ Circular 55 dated 23 March 2016 regulating financial management of public private partnership (PPP) investment projects and costs of selection of investor, as amended 21 July
+ Circular 56 dated 28 April 2014 guiding Decree 177 implementing the Law on Pricing as amended 11 November 2016
8 Aug 2017 + Decision 1058 approving the Plan on restructuring the credit institution system in association with processing bad debts in the period 2016-2020, 19 July
7 Aug 2017 + Decree 46 regulating conditions for investment and operation in the educational sector, 21 April
4 Aug 2017 + Decision 1030 approving the plan on developing Vietnam's strategic petroleum reserves, 13 July
2 Aug 2017 + Notice 309 regarding issuance of air carriage business licences and general aviation business licences, 18 July
+ Law 07 on Technology Transfer, 19 June
26 Jul 2017 + Decree 80 regulating a safe, healthy and friendly educational environment and prevention of school violence, 17 July
+ Draft Circular guiding term deposit transactions, 4 July
25 Jul 2017 + Decision 2719 with the brackets of average electricity wholesale prices charged by EVN to Power Corporations for year 2017, 19 July
24 Jul 2017 + Official Letter 152 of the People's Supreme Court implementing Resolution 42 on processing bad debts and their security assets, 19 July
+ Decision 1001 approving the Plan on restructuring and divesting capital from enterprises in which State Capital Investment Corporation [SCIC] has invested, 10 July
+ Circular 04 regulating labour safety management during construction of works, 30 March
14 Jul 2017 + Law 04 on support of small and medium sized enterprises (SMEs), 12 June
+ Law 67 on Investment as further amended by Law 04 on SMEs dated 12 June
10 Jul 2017 + Decision 1424 announcing State Bank refinancing interest rate at 6.25%, discount interest rate at 4.25% and repo rate at 7.25%, 7 July
+ Decision 1425 announcing the maximum VND short-term lending interest rate of 6.5% chargeable by banks to borrowers in certain economic sectors, 7 July
+ Circular 03 dated 26 February 2016 guiding foreign exchange control of foreign loans borrowed by enterprises and of loan repayment, as amended 30 June
+ Circular 08 regulating registration and declaration of prices of milk and functional foods for children under six years, 26 June
6 Jul 2017 + Decision 24 regulating the mechanism for adjusting the average electricity retail price, 30 June
5 Jul 2017 + Draft Circular guiding standard form contracts for services of collection, transport and treatment of domestic waste, 3 July
+ Resolution 42 of the National Assembly on processing bad debts and their security assets, 21 June
3 Jul 2017 + Circular 41 guiding Decree 20 dated 24 February 2017 on transfer pricing, 28 April
29 Jun 2017 + Draft Resolution of National Assembly on processing bad debts of credit institutions, 21 June
28 Jun 2017 + Resolution 34 with the Legislative Program for Year 2018 and amending the Legislative Program for Year 2017, 8 June
+ Circular 11 dated 17 January 2014 guiding business of electronic gaming for foreigners, as amended 2 June
+ Circular 45 dated 25 April 2013 guiding the regime on management, use and calculation of depreciation of fixed assets, as amended 12 April

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