In a significant stride towards a more sustainable future, Vietnam has unveiled its comprehensive National Energy Master Plan, charting a course from 2021 through 2050. Deputy Prime Minister Tran Hong Ha recently signed Decision No. 893/QD-TTG (dated 26 July 2023), giving the green light to this pivotal roadmap that addresses the nation's energy needs while prioritizing environmental protection and socio-economic growth.

• 11 August 2023

In this update, we continue to discuss the Draft on Law on Real Estate Business, which was recently published for public comments.

• 05 August 2023

The State Bank of Vietnam recently issued Circular No. 06/2023/TT-NHNN introducing significant amendments to lending activities of credit institutions and foreign bank branches in Vietnam impacting Banks’ clients; and (ii) Circular No. 08/2023/TT-NHNN introducing significant changes to conditions for borrowing foreign loans not guaranteed by the Vietnamese Government.

• 05 August 2023

On 20 June 2023, the National Assembly of Vietnam passed the new Law on the Protection of Consumer Rights (“LPCR 2023“). This update covers key highlights of LPCR 2023.

• 05 August 2023

The Ministry of Natural Resource and Environment recently published a draft new land law for collection of public comments before submitting the Draft to the National Assembly. Among other notable changes introduced by the Draft, the change to regulations on land rental payment method may attract attention.

• 05 August 2023

The State Securities Commission (SSC) seems to take the view that public companies involving real estate business are subject to a 50% foreign ownership limit. This update discusses this view.

• 05 August 2023

1 LAW ON ELECTRONIC TRANSACTIONS Chapter I .................................................................................................................................................. 4 GENERAL PROVISIONS ............................................................................................................................ 4 Article 1. Scope of regulation .......................

• 22 June 2023

On 26 May 2023, the Prime Minister promulgated Official Telegram 470/CD-TTg on the continuing implementation of drastic and effective measures and tasks in order to ease difficulties for businesses.

• 30 July 2023

On 20 June 2023, the National Assembly of Vietnam passed the new Law on the Protection of Consumer Rights. This update provides key highlights of the Law.

• 30 July 2023

1 CIRCULAR ON REGULATIONS ON CONDITIONS FOR FOREIGN LOANS NOT GUARANTEED BY THE GOVERNMENT Chapter I .................................................................................................................................................. 3 GENERAL PROVISIONS ...........................................................................................................................

• 30 June 2023