Commentary

It’s hard to see any logic behind Vietnam’s choice for special economic zones, all of which are far from the biggest cities. Vietnam is proposing the establishment of three special economic zones (SEZ),Van Don in Quang Ninh, Bac Van Phong in Khanh Hoa and Phu Quoc in Kien Giang. But I just can’t see any […]

Vietnam’s business environment and competitiveness have been improved significantly over the past three years thanks to a range of solutions, according to the Ministry of Planning and Investment (MoPI). The country’s efforts have been reflected through the World Bank’s ease of doing business rankings in 2016, in which Vietnam climbed to the 82nd position from […]

On May 30/05/2018, the General Department of Customs issued the Plan No.3009/KH-TCHQ on the implementation plan of automatic customs management system at ports, warehouses and yards. This plan took effect from the date of its promulgation. Accordingly, Plan No.3009/KH-TCHQ sets out the principles and roadmap for implementing the system as follows: Priority is given to […]

On May 22, 2018, the Government issued Decree No.82/2018/ND-CP regulating on management of industrial parks and economic zones. This Decree took effect since July 10, 2018. Accordingly, Decree No.82/2018/ND-CP regulates investment preferences for industrial zones and economic zones as follows: Economic zones and industrial parks which are geographical areas entitled to investment preferences shall enjoy […]

          On May 26, 2018, the Standing Committee of the National Assembly promulgated Resolution No.528/2018/UBTVQH14 on expenses for management of social insurance and unemployment insurance for the period of 2019 – 2021. This Resolution took effect since January 01, 2019. Accordingly, Resolution No.528/2018/UBTVQH14 regulates the level of expenses for management of social insurance and unemployment […]

On May 23, 2018, the Party Central Committee issued Resolution No.28-NQ/TW on reforming social insurance policy. This Resolution took effect from the date of its promulgation. Accordingly, Resolution No.28-NQ/TW regulates the following important reforms: Expanding the subjects participating in compulsory social insurance for groups of heads of business household, managers of enterprises, managers and administrators […]

            On  May 22, the Government issued Decree No.81/2018/ND-CP detailing the Commercial Law regarding trade promotion activities, including sales promotion, fairs and exhibitions. This Decree took effect since July 15, 2018. Accordingly, Decree No.81/2018/ND-CP regulates the maximum discount rate for promoted goods and services as follows: Sales promotion limit and price discount limit must not […]

On May 24, 2018, the Ministry of Industry and Trade issued Circular No.10/2018/TT-BCT detailing some articles of the Government’s Decree No.40/2018/ND-CP dated March 12,2018 on management of business activities by multi-level mode. This Circular took effect since July 15, 2018. Accordingly, the Circular No.10/2018/TT-BCT regulates the framework for the training program on legal knowledge on […]