Nikkei Asia – China has announced it will tighten regulations on the export of key materials for chip production, including gallium, germanium, and other critical substances, in response to the U.S.'s new export controls on Chinese companies.
31 December 2024
The Office of the President announced the promulgation of two Laws passed by the National Assembly at the 5th extraordinary session, including the Land Law (amended) and the Law on Credit Institutions (amended).
29 February 2024
On September 18, 2024, the Government issued Decree No. 117/2024/ND-CP, amending and supplementing several provisions of Decree No. 82/2020/ND-CP on administrative sanctions in the fields of judicial assistance, judicial administration, marriage and family, civil judgment enforcement, and bankruptcy of enterprises and cooperatives. The decree takes effect on November 15, 2024, with the following key highlights:
31 December 2024
A business forum connecting enterprises from the five ASEAN member countries of Thailand, Vietnam, Cambodia, Laos, and Myanmar took place in Thailand’s Udon Thani province from November 17–19.
29 February 2024
The Vietnamese government's efforts to attract more investment in high-tech parks through the implementation Decree No. 10/2024/ND-CP, dated 1st February 2024, the government plans to offer land lease incentives, preferential corporate income tax rates, and streamlined administrative procedures to encourage infrastructure investment in these parks.
29 February 2024
On November 20, 2024, Decree 125/2024/ND-CP regulating conditions for investment and operation in the field of education officially took effect, replacing Decree 46/2017/ND-CP, with many innovations in regulations on conditions for investment and operation in the field of education. Here are the new highlights:
31 December 2024
The circular economy and green finance should be considered priority areas to implement the National Strategy on Green Growth for the 2021–2030 period and the vision for 2050.
29 February 2024
China is forecast to top the list, with an estimated 1 billion or more consumers by that time, followed by India with 773 million.
29 February 2024
The State Bank (SBV) has just announced that it will reduce the refinancing interest rate by 0.5 percentage points to 5.5% from April 3 to support economic growth.
29 February 2024
On October 10, 2024, the Government issued Decree No. 128/2024/NĐ-CP amending and supplementing several provisions of Decree No. 81/2018/NĐ-CP dated May 22, 2018 ("Decree 81") of the Government, which provides detailed regulations on the Law on Commerce regarding commercial promotion activities ("Decree 128"). Decree 128 will take effect on December 1, 2024. Below is a summary of the key points of Decree 128:
31 October 2024
Decree No. 110/2024/NĐ-CP, issued on August 30, 2024, regulates social work in Vietnam and takes effect from October 15, 2024 ("Decree 110"). This decree outlines the rights and obligations of individuals involved in social work, social work practitioners, as well as the processes and conditions for practicing social work. Below is a summary of the key points of Decree 110:
31 October 2024
On October 15, 2024, Circular 09/2024/TT-BTTTT issued by the Ministry of Information and Communications (“Circular 09/2024”) officially took effect. This Circular specifies the list of sectors and the period during which individuals holding positions or authority in state agencies under the Ministry of Information and Communications, after leaving their positions, are prohibited from establishing or holding managerial positions in private enterprises, companies, or cooperatives. Regulations apply to fields such as journalism, publishing, radio, television, telecommunications and information technology... fields under the management of the Ministry of Information and Communications.
31 October 2024