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Update news new regulations
With the biometric data update deadline fast approaching, banks across Vietnam are seeing long lines and extended wait times as customers rush to comply.
Vietnam’s updated license plate auction framework introduces online registration, deposit requirements, and strict measures against unethical practices.
The Government has issued a Decree detailing provisions for the enforcement of the Law on Road Traffic Order and Safety, including conditions under which foreign motor vehicles and drivers may operate in Vietnam.
The 60-day deadline for child residence registration marks a return to a previous policy that was in place before the enactment of Decree 62/2021.
If the draft Law on Employment gets approval, the unemployment insurance fund might be used to support owners of businesses that face difficulties because of economic factors, restructuring, and technology renovation.
In April, many new policies will take effect.
Investors have once again shown interest in condotels as the legal issues for this kind of real estate product have been clarified. However, the market remains cool.
The age of second-hand aircraft imported into Vietnam is among new regulations in the Government’s Decree 89/2019/ND-CP.
Thousands of fishing boats have been grounded due to new of the Ministry of Agriculture and Rural Development (MARD) regulations.
Banks now queue up for their turns to sell bad debts to the Vietnam Asset Management Company. They need to “clean up the balance sheet” by the time when the circular on classifying bad debts according to international standards takes effects.
Vietnam will abolish the fine imposed on same-sex marriage from November 11 2013.
VietNamNet Bridge – The Government has promulgated a new decree on asset and income transparency, targeting nine groups of applicable subjects.
VietNamNet Bridge – Foreign retailers will have to do Economic Needs Test (ENT) on the basis of the population density of a district rather than a city or province when they want to open the second outlet onwards.
VietNamNet Bridge – On March 29, 2013, the Ministry of Health issued Circular No10/2013/TT-BYT amending and supplementing a number of articles of Circular No02/2007/TT-BYT on conditions for the drugs business.
US firearm sales have sky-rocketed since the Newtown school massacre, as debate over gun control rages and enthusiasts fear certain assault weapons and high-capacity magazines could be banned.