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Understanding the VN law on cross-border web sharing

Understanding the VN law on cross-border web sharing

One of the government policies on the management, provision and use of internet services and online information, under Decree No 72/2013/ND-CP dated July 15, 2013, states that only information in accordance with Vietnamese laws may be transmitted to internet users within Viet Nam, even if it is cross-border transmission.

New fees on property auction

New fees on property auction

The Ministry of Finance has issued Circular No.335/2016/TT-BTC regulating the collecting level and regime, payment, management and use of property auction fees and property auction entry fees.

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New transfer pricing decree: a step closer to international standards

New transfer pricing decree: a step closer to international standards

On February 24, 2017, the Vietnamese government released the new transfer pricing (TP) Decree No. 20/2017/ND-CP ‘Providing tax administration applicable to enterprises having controlled transactions’ (Decree 20), which will take effect from May 1, 2017.

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New policies take effect in March

New policies take effect in March

A string of new policies on certificates of land use rights, casino business activities for Vietnamese residents, horse and greyhound racing and international football betting, and government guarantee come into force in March.

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Government’s new decree resumes race for casino licenses

Government’s new decree resumes race for casino licenses

Many investors who gave up casino development projects some years ago are considering returning as the government has turned the green light on allowing Vietnamese to go to casinos.

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Pagoda-goers during work hours penalised

Pagoda-goers during work hours penalised

Several officers found visiting pagodas during work hours were imposed with various levels of penalties on Thursday by the disciplinary council under the Ministry of Industry and Trade (MoIT), showing a more hard-line stance on ensuring right conducts of State employees.

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Tightening corporate accounting

Tightening corporate accounting

Government Decree No 174/2016/ND-CP (December 30, 2016) detailing a number of articles of the Accounting Law on accounting documents, accounting operations, accountants, accounting service business, accounting services across borders and accounting association.

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New regulations on lending activities of foreign credit organizations

New regulations on lending activities of foreign credit organizations

​The State Bank of Viet Nam has issued Circular No.39/2016/TT-NHNN stipulating lending activities of foreign credit organizations and bank branches for customers.

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Revenue reporting’s global makeover

Revenue reporting’s global makeover

With a new international standard for revenue reporting on the global horizon, smart local companies must look ahead of the current domestic requirements and prepare for the future.

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Gov’t updates energy testing law

Gov’t updates energy testing law

A new government circular took effect on Friday, allowing businesses to announce their level of energy efficiency and self-label their goods.

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New regulations issued on securities margin trading

New regulations issued on securities margin trading

The State Securities Commission (SSC) has issued new regulations on which Unlisted Public Company Market (UPCoM) shares on the Premium list will be allowed for margin trading from April this year. This decision will replace existing regulations on securities margin transactions.

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Decree on piloting granting e-visas for foreigners entering VN

Decree on piloting granting e-visas for foreigners entering VN

The Government has issued Decree No. 07/2017/NĐ-CP defining procedures on piloting granting e-visas for foreigners entering Viet Nam.

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New policies take effect in February 2017

New policies take effect in February 2017

New regulations on e-visas for foreigners, sanctioning of administrative violations in the field of environmental protection, duty-free goods and business in prize-winning electronic games for foreigners will come into effect since February 2017.

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Decree on horse, dog racing, int'l football betting released

Decree on horse, dog racing, int'l football betting released

​The Government has recently issued Decree 06/2017/ND-CP on horse, dog racing and international football betting.

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Policies for foreigners in VN since January 1, 2017

Policies for foreigners in VN since January 1, 2017

A wide range of policies applied for foreigners in Viet Nam took effect since January 1, 2017.

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Penal Code  gets reboot  in new year

Penal Code gets reboot in new year

To keep up with the times, even the bedrocks of society must adapt to stay relevant – which is why the newly updated Penal Code should give hope to new-generation businesses. Freshfields Bruckhaus Deringer managing partner Tony Foster, and associate Nguyen Viet, explain what the business community has to look forward to in the new law.

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