A. ELECTRONIC TRANSACTIONS 1. Law on Electronic Transactions No. 20/2023/QH15 passed by the National Assembly on 22 June 2023 (“LOET”) “Creating a favorable legal corridor for the digital transformation across all industries and sectors” Serving as a crucial legal framework in the country’s digital transformation, the LOET was enacted not only to remove obstacles from
A. BIDDING 1. Law on Bidding No. 22/2023/QH15 passed by the National Assembly on 23 June 2023 “Addressing bidding obstacles in the healthcare sector and simplifying the bidding process” On 23 June 2023, the National Assembly passed the Law on Bidding No. 22/2023/QH15 (“Law on Bidding”). Serving as a crucial legal framework for regulating public
A. REAL ESTATE 1. Law on Housing No. 27/2023/QH15 dated 27 November 2023 Law on Housing No. 27/2023/QH15 was adopted by the National Assembly on 27 November 2023, consisting of 13 Chapters and 198 Articles (“Law on Housing”), which introduces various progressive amendments to the country’s housing policy. In overview, the new Law on Housing
IMMIGRATION Law No. 23/2023/QH15 dated 24 June 2023 amending and supplementing several articles of Law on Entry and Exit of Vietnamese Citizens and Law on Entry, Exit, Transit and Residence of Foreigners in Vietnam (“Immigration Law 2023”). On 24 June 2023, the National Assembly passed Law No. 23/2023/QH15, which amends and supplements several articles of
I. Decree No. 10/2023/ND-CP Constituting the legal basis for issuing Certificate of condotels and officetels Decree 10/2023/ND-CP issued by the Government on 03 April 2023 aiming to amend and supplement several articles of the Decrees guiding the implementation of Land Law, took effect from 20 May 2023 (“Decree 10”). The remarkable point of Decree 10
I. RESOLUTION NO. 33/NQ-CP Removing difficulties in credit for real estate business and promoting the development of social housing Resolution No. 33/NQ-CP (“Resolution No. 33”) on certain solutions to resolve difficulties and promote the real estate market to develop safely, healthily, and sustainably was issued by the Government on 11 March 2023. Some outstanding and
1. DECREE NO. 59/2022/ND-CP Using a VNeID account instead of a Citizen Identity Card Decree No. 59/2022/ND-CP (“Decree 59”) dated 05 September 2022 of the Government on electronic identification and authentication, takes effect as of 20 October 2022. Pursuant to the provisions of Decree 59, Vietnamese citizens aged from 14 years old, foreigners entering Vietnam
1. DRAFT LAW ON LAND (AMENDED) The Draft Law on Land (Amended) (the “Draft Law”), drafted by the Ministry of Natural Resources and Environment, was submitted by the Government to the National Assembly for discussion and comments on 01 November 2022, and shall be tentatively ratified at the 6th National Assembly session in October 2023, replacing the
1. RESOLUTION 17/2022/UBTVQH15 Adding circumstances where employees may work overtime for up to 300 hours per year and maximum 60 hours per month Resolution 17/2022/UBTVQH15 (the “Resolution 17”) issued by the Standing Committee of the National Assembly on 23 March 2022 in relation to annual and monthly overtime hours of employees in the context of COVID-19 prevention and control,
I. Law on amendments and supplements to several articles of Law on Public Investment, Law on Investment in the Form of Public-Private Partnership, Law on Investment, Housing Law, Bidding Law, Electricity Law, Law on Enterprises, Law on Excise Tax and the Law on Civil Judgments Enforcement 2022 Law on amendments and supplements to several articles of Law on Public Investment, Law on Investment