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30 September 2024
On September 30, 2024, the Minister of Science and Technology issued Circular No. 06/2024/TT-BKHCN ("Circular 06/2024"), amending and supplementing certain provisions of Circular No. 11/2015/TT-BKHCN ("Circular 11/2015") dated June 26, 2015. Circular 11/2015 provides detailed regulations and guidance on implementing several provisions of Decree No. 99/2013/NĐ-CP ("Decree 99/2013") dated August 29, 2013, on the sanctioning of administrative violations in the field of industrial property. Below is a summary of the key points of Circular 06/2024, effective November 15, 2024:
31 December 2024
On December 19, 2023, chairman of the municipal People’s Committee Phan Van Mai - chairing a meeting between leaders from the southern city and Singaporean businesses, Mr. Mai emphasized that the city has continually improved its investment environment and created favorable conditions for domestic and foreign investors
29 February 2024
The State Bank (SBV) requires banks and credit institutions in the Mekong Delta region to promote lending to ensure sufficient capital for rice production, processing, trading and export.
29 February 2024
On September 30, 2024, the Governor of the State Bank of Vietnam promulgated Circular No. 48/2024/TT-NHNN, replacing Circular No. 07/2014/TT-NHNN dated March 17, 2014, on the application of interest rates for deposits in Vietnamese dong by organizations and individuals at credit institutions and foreign bank branches. Accordingly, the regulations on interest rates for deposits in Vietnamese dong are as follows:
31 December 2024
Using land resources effectively and sustainably is an important premise to promote the process of industrialization and modernization, ensure social stability and national security, protect the environment and protect the environment and promote Vietnam's economic development.
29 February 2024
Data on registered and disbursed foreign investment capital increased sharply in Vietnam with 2.36 billion USD and 1.48 billion USD respectively. This is a positive sign as the figures in January 2024 increased by 40.2% and 9.6% respectively compared to the same period last year. The growth is due to the number of new projects increasing by 24.2% and there is project with investment capital larger than 600 million USD
29 February 2024
On November 12, 2024, the Government issued Decree No. 148/2024/ND-CP amending and supplementing several provisions of Decree No. 54/2019/ND-CP regulating karaoke and nightclub business operations. Noteworthy amendments include revisions to licensing authority and procedural processes as follows:
31 December 2024
According to data from the Foreign Investment Department, the localities attracting the most foreign investment capital include provinces and cities: Ho Chi Minh, Hanoi, Binh Duong, Dong Nai, Ba Ria - Vung Tau, Hai Phong, Bac Ninh, Thanh Hoa, Long An and Quang Ninh. These provinces and cities have many special advantages such as convenient infrastructure, stable human resources, and efforts in reform and investment promotion. According to the assessment of the Ministry of Planning and Investment, these localities will continue to receive investment and are key places for investment development in the country
29 February 2024
The issue of unregistered e-commerce platforms operating in Vietnam has become a hot topic. Consequently, the authorities, particularly the Ministry of Industry and Trade, which oversees these activities, have taken numerous actions to regulate them. These measures include advising consumers, reviewing these platforms, and planning to block those that operate without proper registration.
30 November 2024
The Central Institute for Economic Management (CIEM) in its report revealed that the concept of circular economy is new to the Vietnamese business community.
29 February 2024
The State Bank (SBV) requires banks and credit institutions in the Mekong Delta region to promote lending to ensure sufficient capital for rice production, processing, trading and export.
31 January 2024