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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.

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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VN franchise rules under pressure to change

VN franchise rules under pressure to change

At the end of the 1990s, franchise was still a strange concept to most people in Viet Nam.

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Signed invoices are trade hitch

Signed invoices are trade hitch

To ensure a smooth transition into its free-trade era, Vietnam has been adjusting its internal practices to fit those of the global economy. The outdated requirement for signed invoices on imported goods, as law firm LNT & Partners associate Nguyen Thi Chau Thanh explains, is one more significant stumbling block.

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Decree on trading in duty-free goods

Decree on trading in duty-free goods

The Government has issued a Decree on trading in duty-free goods, stipulating eligible persons and conditions for purchase of duty-free goods.

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New regulations on electronic games for foreigners

New regulations on electronic games for foreigners

The Government has issued Decree 175/2016/ND-CP (Decree 175) to amend and supplement some articles of Decree 86/2013/ND-CP, dated July 29, 2013 on business in prize-winning electronic games for foreigners.

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New decree elaborates mineral mining rules

New decree elaborates mineral mining rules

Mineral exploration and mining activities are guided and governed by Government Decree No 158/2016/ND-CP (November 29, 2016), which elaborates on a number of provisions of the Law on Minerals.

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Fresh laws take effect since January

Fresh laws take effect since January

The Civil Code and six amended laws on State Budget, Press, Pharmacy, Fees and Charges, Accounting, and amendments to Article 6 and Annex 4 of the Law on Investment took effect since January 1, 2017.

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Experts warn of pollution’s impact on GDP growth

Experts warn of pollution’s impact on GDP growth

Natural disasters and environmental pollution can reduce GDP by 0.6 per cent per year from 2016-20, according to the National Centre for Socio-economic Information and Forecast (NCIF) under the Ministry of Planning and Investment.

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