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  • Article
    Vietnam: Pharmaceutical Price Controls (Nov. 2, 2007) On September 7, 2007, the Ministry of Health (MOH) of the Socialist Republic of Vietnam (SRV) issued a decree on new regulations aimed at stabilizing rising drug prices in the country. Heretofore, the means of enforcing SRV price controls has been mandatory reporting of prices to the state Drug Administration and posting […]
    • Contributor: Zeldin, Wendy
    • Date: 2007-11-02
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    Vietnam: Piracy at Sea (Apr. 2, 2008) On January 17, 2008, the Prime Minister of the Socialist Republic of Vietnam (SRV) promulgated Decision No. 12/2008/QD-TTg, along with the Regulation on Coordination in Implementation of the Regional Cooperation Agreement on Combating Piracy and Armed Robbery Against Ships in Asia (ReCAAP). Under the Regulation, Vietnamese authorities will exchange information and documents […]
    • Contributor: Zeldin, Wendy
    • Date: 2008-04-02
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    Vietnam: Anti-Corruption Plan Adopted (May 24, 2010) In April 2010, Vietnam adopted an implementation plan for the United Nations Convention Against Corruption (UNCAC, signed by Vietnam on Dec. 10, 2003, and ratified on Aug. 19, 2009; text in English available from the U.N. website, http://www.unodc.org/documents/treaties/UNCAC/Publications/Convention/08-50026_E.pdf (last visited May 11, 2010).) The purpose of the plan is to harmonize Vietnam's […]
    • Contributor: Johnson, Constance
    • Date: 2010-05-24
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    Vietnam: National Lawyers' Organization (Apr. 2, 2008) A prime ministerial decision of January 16, 2008, approved a plan for the establishment of a national lawyers' organization in the Socialist Republic of Vietnam (SRV) and of a steering committee for the SRV's first national lawyers' congress. The Vietnam Lawyers Federation (VLF), which will have legal person status, is a member […]
    • Contributor: Zeldin, Wendy
    • Date: 2008-04-02
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    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 […]
    • Contributor: Johnson, Constance
    • Date: 2015-09-15
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    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 […]
    • Contributor: Johnson, Constance
    • Date: 2015-05-19
  • Article
    Vietnam: Transfer Pricing Regulations Amended (May 27, 2010) Effective June 6, 2010, Vietnam's Ministry of Finance Circular 66/2010/TT-BTC, amending the country's transfer pricing regulation (Circular 117/2005/TT-BTC) will take effect. Application of the new Circular is limited to transactions between enterprises and their related parties; it does not cover individuals, unlike Circular 117. (Rachel Saw, Transfer Pricing Regulations Amended, TAX NEWS […]
    • Contributor: Zeldin, Wendy
    • Date: 2010-05-27
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    Vietnam: Proposed Changes in Investment Law (May 11, 2009) It was reported on May 1, 2009, that Vietnam is finalizing the draft of a new law that would amend several of the country's laws on investment, construction, the environment, and taxation, among others. The purported purpose of the government in revising the laws is not only to improve Vietnam's investment climate, […]
    • Contributor: Zeldin, Wendy
    • Date: 2009-05-11
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    Japan; Vietnam: Economic Partnership Agreement Signed (Jan. 23, 2009) On December 25, 2008, Vietnam and Japan concluded an Economic Partnership Agreement; it is expected to come into effect early in 2009, following ratification by each party. It was signed in Tokyo by the Minister for Foreign Affairs of Japan, Hirofumi Nakasone, and the Minister for Industry and Trade of the Socialist […]
    • Contributor: Johnson, Constance
    • Date: 2009-01-23
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    China; Vietnam: South China Sea Agreement (Oct. 17, 2011) On October 11, 2011, China and Vietnam signed an agreement aimed at resolving their disputes over control of parts of the South China Sea. The maritime borders at issue, over which Brunei, Malaysia, the Philippines, and Taiwan also have made claims, cover an area that has the potential to produce both oil […]
    • Contributor: Johnson, Constance
    • Date: 2011-10-17
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    Vietnam: Government Issues Human Rights Report (June 30, 2009) On May 8, 2009, Vietnam's Deputy Minister of Foreign Affairs, Pham Binh Minh, presented a report on the country's human rights status to the United Nations Human Rights Council. The Council, which met in Geneva, Switzerland, from May 4 to 15, conducts periodic reviews of human rights in each U.N. member nation. […]
    • Contributor: Johnson, Constance
    • Date: 2009-06-30
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    Vietnam: Stricter Measures Against Drunk Driving (Mar. 2, 2009) On February 17, 2009, the Government of the Socialist Republic of Vietnam announced new, more stringent measures against drunk driving. The provisions, which amend the Law on Road Traffic passed in November 2008 by the National Assembly, stipulate, among other changes: · a zero blood alcohol limit for drivers of automobiles, tractors, […]
    • Contributor: Zeldin, Wendy
    • Date: 2009-03-02
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    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 […]
    • Contributor: Johnson, Constance
    • Date: 2015-11-03
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    Vietnam: Law on Personal Income Tax (Apr. 2, 2008) The National Assembly of the Socialist Republic of Vietnam approved the country's first Personal Income Tax Law on November 21, 2007 (Law No. 04/2007/QH12). It was promulgated by Decree No. 13/2007/L-CTN on December 5, 2007, and published in the OFFICIAL GAZETTE on January 13, 2008. It is scheduled to take effect on […]
    • Contributor: Zeldin, Wendy
    • Date: 2008-04-02
  • Article
    Vietnam: Government Offers Tax Relief Measures (Feb. 27, 2013) On January 7, 2013, Vietnam’s government issued a resolution giving tax-related benefits to businesses and individuals. Resolution No. 02/NQ-CP was formulated in response to the economic difficulties in the country. It allows businesses a six-month extension on tax payments for the first quarter of the year and three-month extensions for the next […]
    • Contributor: Johnson, Constance
    • Date: 2013-02-27
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    Vietnam: New National Law Intensifies International Dispute (July 19, 2012) Amid escalating tension in the dispute over the East Sea (also known as the South China Sea), Vietnam approved a national Law on the Sea, which was officially announced by the President of Vietnam on July 16, 2012. (Vietnam Officially Announces Law of the Sea, TUOITRENEWS, (July 16, 2012); Q&A: South China […]
    • Contributor: Umeda, Sayuri
    • Date: 2012-07-19
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    Vietnam: Anti-Money Laundering Law Takes Effect Vietnam’s new Anti-Money Laundering Law (Law No. 14/2022/QH15) took effect on March 1, 2023. The law was passed by the Vietnam National Assembly on November 15, 2022, to replace Anti-Money Laundering Law No. 07/2012/QH13.Highlights of the New LawThe new law defines “money laundering” as an act of an individual or an organization to legitimize the … Continue reading “Vietnam: Anti-Money Laundering Law Takes Effect”
    • Contributor: Umeda, Sayuri
    • Date: 2023-05-04
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    Vietnam: Draft Law on Disabled Being Formulated (Aug. 4, 2009) On July 10, 2009, Vietnam's Ministry of Labour, War Invalids, and Social Welfare and the Vietnam Assistance for the Handicapped organization held a third workshop to gather advice from local and international experts on the drafting of a law on the protection of the disabled. It was the last such forum to […]
    • Contributor: Zeldin, Wendy
    • Date: 2009-08-04
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    Vietnam: Foreign Nationals on Short-Term Visits Required to Use Contact Tracing App during Their Stay in Vietnam (Oct. 30, 2020) On August 31, 2020, Vietnam’s Ministry of Health issued a circular exempting short-term visitors to the country from quarantine if they use the Bluezone contact tracing application throughout their stay in the country and satisfy other requirements. (Circular No. 4674 / BYT-MT on Guidance on Covid-19 Prevention and Control Regarding Short-Term Work […]
    • Contributor: Umeda, Sayuri
    • Date: 2020-10-30
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    Vietnam: Legislature Considers Law on Guard Force (Aug. 22, 2016) During its current session, which began on August 15, 2016, the National Assembly of Vietnam (NA) discussed proposed legislation on the country’s Guard Force. While a 2005 ordinance gave a general structure to the Guard Force, according to the Vice Chairman of the NA, Do Ba Ty, legislators have now agreed to […]
    • Contributor: Johnson, Constance
    • Date: 2016-08-22
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    Vietnam: Copyright Infringement Fines to Be Increased (Nov. 20, 2013) Under a government decree of October 16, 2013, Vietnam will be increasing the fines imposed for copyright infringement. The highest level fine for an individual who infringes on a copyright will be VND250 million (about US$11,700); for an organization the fine will be VND500 million (about US$23,450). Furthermore, any organization that imports […]
    • Contributor: Johnson, Constance
    • Date: 2013-11-20
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    Vietnam: Revised Draft Capital Law Made Public (Mar. 2, 2010) It was reported on February 22, 2010, that Vietnam's Ministry of Justice has placed on its website a revised draft of the Capital Law. Provisions that would have given Hanoi municipal officials the right to issue laws different from those of the central government, “so long as they were within the framework […]
    • Contributor: Zeldin, Wendy
    • Date: 2010-03-02
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    Vietnam: New Rules on Media for Children (Oct. 13, 2017) On October 1, 2017, a new Ministry of Information and Communications circular, issued by Minister Truong Minh Tuan on June 23, 2017, came into force in Vietnam. It has provisions on media designed for children and requires warnings for viewer or reader discretion related to material not suitable for them.  The rules […]
    • Contributor: Johnson, Constance
    • Date: 2017-10-13
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    Vietnam: Public Debt Law to Be Debated (Mar. 13, 2009) A draft law on public debt was discussed on March 9, 2009, in committees of Vietnam's National Assembly, as well as by the Assembly's Council on Ethnic Nationalities. The debate centers on whether or not the debts of state-owned enterprises should be included in the law's provisions on pubic debt management. As […]
    • Contributor: Johnson, Constance
    • Date: 2009-03-13
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    Vietnam: Document on Taxation of Uber Services Issued (Sept. 19, 2016) Vietnam’s Ministry of Finance recently issued a document detailing the tax rules applicable to the car hailing services of Netherlands-based Uber International Holdings B.V. in Vietnam. According to the Ministry, as a foreign establishment without residence offices in the country, Uber is subject to the direct method of tax payment, whereby the […]
    • Contributor: Zeldin, Wendy
    • Date: 2016-09-19