Legal & Regulatory

Regulation of Vietnam’s Real Estate Market: New Laws in Effect from August 1, 2024

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New laws and decrees, along with the implementation of a directive to initiate a nationwide land inventory, are expected to shake up the regulation of Vietnam’s property market and professionalize real estate brokerage.

Eco-Industrial Parks in Vietnam: Implementation and Key Goals

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The Vietnam government is considering a policy to facilitate the development of large eco-industrial parks and update preferential policies to encourage green investments. We discuss the proposed policy recommendations, pilot projects, and key goals.

How to Set Up a Representative Office in Vietnam

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A Representative Office (RO) is one of the simplest ways companies can set up in Vietnam, albeit with a limited scope of operation. In this article, we discuss the step-by-step process of establishing an RO in Vietnam, and relevant regulatory guidelines.

Vietnam Notifies Decree 80/2024/ND-CP on Direct Power Purchase Agreements: Key Details

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Decree 80/2024/ND-CP on Direct Power Purchase Agreements (DPPA) is part of Vietnam’s broader strategy to promote environmental sustainability and enhance the competitiveness of its retail electricity market.

Vietnam Considers E-Invoicing for Livestream Sales: Advisory for Businesses

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Vietnam wants to update existing regulation to ensure e-invoicing for livestream sales and strengthen tax scrutiny in the e-commerce sector.

Vietnam’s 2024 Law on Credit Institutions

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The 2024 Law on Credit Institutions, in effect from July 1, will improve the security of Vietnam’s credit institutions by strengthening risk prevention measures, increasing oversight of credit entities, and deterring cross-ownership and undue influence in the sector.

Vietnam Defines E-Money for the First Time, Excludes Virtual Currencies from its Scope

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In effect from July 1, 2024, Decree 52 defines e-money in Vietnam as “the equivalent value in VND stored electronically,” based on prepaid money deposited with banks or provided to payment service organizations and excludes virtual currencies like bitcoin.

Complying with Vietnam’s Personal Data Protection Decree: New Publication

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‘Complying with Vietnam’s Personal Data Protection Decree’ discusses key legislative updates and compliance obligations for businesses and is free to download.

Vietnam’s Latest Draft Decree on Sanctions for Cybersecurity Violations

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Vietnam’s latest draft decree on sanctions for violations in cybersecurity and data protection targets implementation by June 1, 2024.

Franchising in Vietnam: Legal Framework and Registration Requirements

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The franchising sector in Vietnam benefits from relaxed retail regulations and a dynamic entrepreneurial landscape.

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