1 PRIME MINISTER -------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- No: 262/QĐ-TTg Ha Noi 01 April 2024 DECISION ON APPROVING THE IMPLEMENTATION PLAN OF THE NATIONAL ELECTRICITY DEVELOPMENT PLAN FOR THE PERIOD OF 2021 - 2030, WITH A VISION TO 2050 PRIME MINISTER Pursuant to the Law on Government Organization dated 19 June 2015; the
The new Land Law aims to improve efficiency of land management and use in Vietnam and introduces significant changes impacting both domestic and foreign investors using land in Vietnam. This Insight highlights some of the key changes, with a focus on issues of note for energy and infrastructure project development.
Following the passing of the Law on Real Estate Business 2023 (please refer to our previous NewsBrief for updates on this law), the National Assembly also passed the Law on Land No. 31/2024/QH15 (“LOL 2024”), which will become effective on 1 January 2025 and replace the current one.
In this article, we share the top 10 considerations for M&A in the renewable energy sector in Vietnam, covering topics such as legal and regulatory framework, investment incentives, transaction structure, local partner, timing, debt, permits and approvals, due diligence, and more.
On 01 October 2023, the Supreme People’s Court issued Decision No. 364/QD-CA to announce 07 new precedents, including Precedent No. 69/2023/AL on the jurisdiction of Commercial Arbitration in resolving confidentiality and non-compete agreement disputes.
On March 16th 2020, the Ministry of Finance signed Decision 345/QD-BTC approving " The project on application of financial reporting standards in Vietnam" with a number of contents related to the implementation of IFRS.
For businesses, we understand you need to stay ahead of important corporate taxes and other compliance dates or risk paying late fees. With the hope to help enterprises adhere to any important deadlines of 2024, we are delighted to offer this “Compliance Calendar 2024” in English and Vietnamese.
In this newsletter: 1) CIT incentives implications for pending projects, 2) VAT refunds for export contracts, 3) Invoices for export processing enterprises, 4) The handling of erroneously cancelled output invoices, 5) PIT obligations for gifts to employees, 6) PIT implications regarding welfare expense for employees, and more.
In this article we examine the 7 important changes brought about by the new Land Law, including a commentary and our views as to the potential impact that this may have on the real estate market and sector.
The Ministry of Public Security in Vietnam is spearheading the creation of a new Personal Data Protection Law to tackle crucial shortcomings in the country's data protection practices. Two new reports highlight the critical need for a comprehensive legal framework that enshrines the protection of personal data.