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Vietnam: New Provisions on Cultural Treasures Sent Abroad

(June 23, 2016) Under Decision No. 23/2016/QD-TTg, issued by the Prime Minister of Vietnam on June 7, 2016, items formally designated as national treasures may be transported abroad “to serve state-level diplomatic activities of the Party General Secretary, the President, the Prime Minister and the National Assembly Chairperson.” (PM Allows Transport of National Treasures Abroad, […]

Vietnam: Five-Year Program to Reduce Child Labor

(June 22, 2016) On June 7, 2016, Vietnam’s Prime Minister issued Decision No. 1023/QD-TTg on the country’s program to combat illegal child labor. The program, which covers the period 2016-2020, focuses “on preventing and minimizing child labor while timely detecting and assisting child laborers and vulnerable children in accessing opportunities for development.”  (Gov. Determines To […]

Vietnam: Stiffer Penalties for Drunk Driving and Other Offenses

(June 20, 2016) On May 26, 2016, the Vietnamese government issued Decree No. 46/2016/ND-CP, on administrative sanctions for road traffic and rail transport violations. Most of the provisions enter into force on August 1, 2016.  The new Decree replaces Decree 171 of 2013 and Decree 107 of 2014.  (Stiffer Fines Await Drunk Drivers, VIETNAM LAW […]

Vietnam: Reduction in State Holdings of Businesses Being Considered

(Mar. 22, 2016) Vietnam’s Ministry of Planning and Investment (MPI) is considering issuing a decision that would change the status of some state-owned enterprises (SOEs) and open some industrial sectors to more non-state investment. The decision would divide SOEs into three categories: those that are wholly state-owned, those with at least 65% state holdings, and […]

Vietnam: Heavier Fines for Illegal E-Commerce Activities

(Dec. 14, 2015) A new decree issued by Vietnam’s government on November 19, 2015, amends several articles of a 2013 decree that imposes penalties for administrative violations in connection with commercial activities, the manufacture of and trading in counterfeit or banned goods, and the protection of consumers’ interests.  The new decree punishes various acts that […]

Vietnam: Central Bank Currency Regulation Issued

(Nov. 3, 2015) On October 2, 2105, the State Bank of Vietnam issued Circular No. 15/2015/TT-NHNN, on foreign currency transactions at credit institutions. The goal of the Circular, which went into effect on October 5, is to limit speculation in and hoarding of U.S. dollars and other foreign currencies. (Central Bank to Tighten Management of […]

Vietnam: New Family Law Adopted

(Sept. 15, 2015) Vietnam’s legislature has adopted a new Law on Marriage and Family that will come into effect on January 1, 2016. The Law has 133 articles, arranged in nine chapters, and institutes a number of significant reforms. The primary goal of the Law is to give citizens a legal means to exercise their […]

Vietnam: New Trade Agreement with Eurasia Economic Union

(June 16, 2015) On May 29, 2015, Vietnam signed a Free Trade Agreement (FTA) with Kyrgyzstan and the Eurasian Economic Union (EAEU), which officially comprises Armenia, Belarus, Kazakhstan, and Russia. The agreement was concluded in Kazakhstan and followed eight formal negotiation sessions, in addition to a number of other meetings. It is the first such […]

Vietnam: Penal Code Revisions Proposed

(May 19, 2015) On April 7, 2015, Vietnam’s Minister of Justice, Ha Hung Cuong, spoke to the National Assembly Standing Committee. He discussed a plan to revise the Penal Code of 1999. The draft Code now being considered revises the majority of existing articles, adds several dozen new ones, and deletes a small number. (Revised […]

Vietnam: New Rules on Visas Considered; Other Legislation Discussed

(Feb. 12, 2014) The Vietnamese legislature is considering adopting a law on entry, exit, and residence of foreigners that would have a unilateral visa exemption for foreign visitors. On January 12, 2014, Nguyen Kim Khoa, the Chair of the Committee for National Defense and Security of the National Assembly (NA), noted that exemptions would need […]