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Update news new regulations

Vietnam's biometric data deadline sparks last-minute rush

With the biometric data update deadline fast approaching, banks across Vietnam are seeing long lines and extended wait times as customers rush to comply.

New auction rules aim to curb fraud in Vietnam’s license plate market

Vietnam’s updated license plate auction framework introduces online registration, deposit requirements, and strict measures against unethical practices.

Requirements for foreign drivers, vehicles operating in Vietnam

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.

VN introduces 60-day deadline for newborn residence registration

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.

Unemployment insurance policy needs to also support businesses

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.

Fine for maltreatment of dogs, cats set at $50-$150

In April, many new policies will take effect. 

Investors return to condotel market, with caution

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.

Decree sets age limit for imported used aircraft

The age of second-hand aircraft imported into Vietnam is among new regulations in the Government’s Decree 89/2019/ND-CP.

New regulations in offshore fishing hinder fishermen

Thousands of fishing boats have been grounded due to new of the Ministry of Agriculture and Rural Development (MARD) regulations.

Banks race against time to sell debts

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.

Same-sex marriage fine to be taken off in Vietnam

 Vietnam will abolish the fine imposed on same-sex marriage from November 11 2013.

New regulations on asset and income transparency

 VietNamNet Bridge – The Government has promulgated a new decree on asset and income transparency, targeting nine groups of applicable subjects.  

New regulations set on foreign retail network expansion

 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.

New regulations manage pharmaceutical industry

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 gun sales soar as owners fear new regulations

 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.