After the issuance of the Personal Data Protection Decree in 2023, Vietnam’s Ministry of Public Security is currently spearheading the development of a comprehensive Personal Data Protection Law, aiming to harmonize data protection regulations and bring them in line with global standards.
On 24 November 2023, Vietnam’s National Assembly promulgated Law No. 24/2023/QH15 on Telecommunications, replacing the Law No. 41/2009/QH12 on Telecommunications dated 23 November 2009, aiming to introduce a new and updated version that is better aligned with the present digital economy.
On 27 November 2023, the National Assembly adopted a new Law on Housing which supersedes the former Law on Housing 2014. In this legal alert, we will discuss the key features of the New Law that may have an impact on the rights of land users in the private sector, particularly in relation to foreign-invested enterprises.
1 DECREE ON DETAILING A NUMBER OF ARTICLES AND MEASURES TO IMPLEMENT THE LAW ON BIDDING ON SELECTING INVESTORS TO EXECUTE PROJECTS IN CASES WHERE BIDDING MUST BE ORGANIZED IN ACCORDANCE WITH THE LAW ON MANAGEMENT OF INDUSTRIES AND FIELDS Chapter I ...........................................................................................................................................
1 GOVERNMENT ------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- No: 24/2024/NĐ-CP Ha Noi, 27 February 2024 DECREE ON DETAILING A NUMBER OF ARTICLES AND MEASURES TO IMPLEMENT THE LAW ON BIDDING ON THE SELECTION OF CONTRACTORS Pursuant to the Law on Government Organization dated 19 June 2015; the Law amending and supplementing a number of a
The new Law on Real Estate Business is expected to address the shortcomings of the existing Law on Real Estate Business of 2014 and ensure alignment with the other relevant laws, such as the new Housing Law, the new Land Law, and the 2020 Investment Law. This article briefly summarizes some of the most worth mentioning new regulations and changes.
Global minimum tax issues: Official imposition of the global minimum tax from fiscal year 2024, Regulations on declaring, paying and managing taxes, update regarding the liability reduction during the transition period for fiscal years.
In this update: 1) The definition ‘’Organization executing the program that awards shares issued in foreign nation’’ is amended in Article 3, Circular 10/2016/TT-NHNN, 2) Circular 10/2016/TT-NHNN supplementing regulations on implementation principles related to the purpose of the share awarding program.
The Ministry of Planning and Investment is publishing a draft Decree regulating the conversion of state-owned companies established and operating under the Law on State Enterprises into single-member limited liability companies organized and operated in accordance with the Law on Enterprises.
On November 24th, 2023, Vietnam's National Assembly enacted the new Law on Telecommunications (Law No. 24/2023/QH15), replacing the outdated 2009 law. This updated framework aims to align with the evolving digital economy, impacting data centers, cloud computing, OTT communication services, telecoms wholesale, among others.