Legal & Regulatory

Vietnam Launches Online Regulations Program

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Nov. 3 – Vietnam kicked off the establishment of a new web site in Ho Chi Minh City yesterday to help inform investors in the country about changes to administrative procedures. The program was jointly launched by Vietnam’s Ministry of Planning and Investment and the United Nations Conference on Trade and Development (UNCTAD). “The web […]

Vietnam Establishes New Economic Zone in Ca Mau Province

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Nov. 2 – The Vietnamese government approved the establishment of a new economic zone in the country’s southernmost province of Ca Mau on October 27, looking to take advantage of the region’s geographical position and existing business environment. Covering 11,000 hectares along National Highway 1A in Nam Can District, the new economic zone will support […]

Citing National Security, Vietnam to Limit Foreign Investment in Forestry Projects

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Oct. 25 – Provincial administrations in Vietnam are no longer allowed to grant licenses to foreign investors for new forestry projects, according to a government report released at a National Assembly meeting on Saturday. Furthermore, the Vietnamese government has ordered its Ministry of Defense to inspect all current foreign-invested forestry projects and cut back the […]

New Amendment Set to Alter Vietnam’s Insurance Market

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Oct. 15 – Vietnam’s draft law on the amendments and supplements to the Business Insurance Law will be submitted to the Vietnamese National Assembly for approval at the body’s next meeting, to be held from October 20 to November 27. According to the Ministry of Finance, these amendments will create a healthy insurance market by […]

Vietnam’s MPI Submits Decree Calling for Tighter FDI Control

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Oct. 14 – Vietnam’s Ministry of Planning and Investment is looking at tightening control over FDI projects in the country by amending the FDI management method currently utilized by the government. Director of the MPI’s Legal Department Pham Manh Dung said this week that his department has submitted a draft decree to the Vietnamese government […]

First ASEAN Labor Inspection Meeting to Be Held in Vietnam

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Oct. 13 – The first ASEAN labor inspection meeting will be held in northern Vietnam’s Quang Ninh Province today and tomorrow according to the country’s Ministry of Labor, Invalids and Social Affairs. The meeting will draw roughly 120 delegates from all 10 ASEAN members, key ASEAN partners China, Japan and South Korea, the International Labor […]

Vietnam May Suspend New Licensing in Energy Inefficient Cement Sector

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Oct. 12 – Vietnam’s Ministry of Construction (MoC) hopes to pass a suspension in the licensing of new cement production projects in an effort to cool the sector’s rapid development and inefficient use of energy, according to the Vietnam News Service. According to Vu Quang Diem, deputy director of the MoC’s Building Materials Department, Vietnam’s […]

Vietnam Allocates US$90 Million to Establish Comprehensive Gov. Web Sites by 2015

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Oct. 11 – With a budget of US$90 million, Vietnam plans to launch a newly approved program next year that will see all government agencies and departments at the district level running “comprehensive” web sites by 2015. The five-year plan to simplify administrative procedures and better serve the public by establishing online content could result […]

Early Warning Web Site Launched to Help Prevent Anti-Dumping Cases

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Sept. 24 – The Vietnam Competition Authority and and the Global Competition Fund of Denmark launched an early warning web site on Wednesday to help prevent anti-dumping cases and support exporters in Vietnam. The web site is available in Vietnamese and English and initially concentrates on the Vietnam’s top export products: garments and textiles, footwear, seafood, […]

Authorities Promise to Lower Port Fees

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Sept. 23 – Vietnam’s Ministry of Finance has promised to lower port fees in response to letters received from the European Chamber of Commerce in Ho Chi Minh City in April and August. The EuroCham letters pointed out that fees for the Cai Mep–Thi Vai port are as much as two to four times more […]

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