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New land incentive policies in special economic zones still scratched at different thresholds

New land incentive policies in special economic zones still scratched at different thresholds

There are many updates related to land incentive policies in the latest report of the National Assembly Law Committee on revising the draft law of Special Administrative-Economic Units (SEUs).

Tax collection under strict scrutiny at casino operating enterprises

Head of the provincial or municipal Tax Departments shall refer to the principles on applying the risk management of taxation to decide to manage and supervise directly or via electronic device and camera system in casinos.

Commercial banks apply an interest rate of five percent on subsidized loans for home purchasers in early 2018

The interest rate of 5 per cent p.a. is applicable by commercial banks in 2018 on subsidized loans outstanding for home purchasers from January 01, 2018, a move aimed at enabling favorable policies to connect lenders and borrowers in housing sector.

Four securities-related offences will be prosecuted from January 01, 2018

From January 01, 2018, four securities-related offences will be prosecuted, namely, deliberate publishing of false information or concealment of information in securities activities, use of internal information to deals in securities, cornering the stock market and commitment of frauds in insurance business.

Centralized mailboxes to be required in new condo and office buildings

Ministry of Information and Communications has issued a circular regulating the installation of public mailboxes in urban and residential areas, and centralized mailboxes in apartment and office buildings.

Proposal to eliminate business license in making gold jewelry and crafts

The State Bank of Vietnam (SBV) is collecting comments for a draft amendment to Decree No. 24/2012/NĐ-CP on gold trading management and the proposed elimination of business condition in making gold jewelry and crafts has become the prominent content.

ADB recommends profound changes in Vietnam's public-private partnership framework

The Public-Private Partnership (PPP) Monitor, which has been first released by Asian Development Bank (ADB), provides insights for ADB member governments including Vietnam on structuring a sound environment for PPPs.

Circular requests airlines to compensate passengers for their delay of both domestic and international flights

From November 01, the airlines will offer passengers compensation when their flights are canceled or delayed, according to the Ministry of Transport (MoT).

Pilot Program will allow Vietnamese citizens to gamble in casinos from Dec 2017

In only one more month, Vietnamese citizens who have proofs of current income of at least VND10 million (about US$441) per month or more are permitted to play in a casino.

Decree sets forth harnesses over accreditation of imported cars

A legal policy on imposing conditions for production, assembly, importation and business of warranty services may close the door completely not only for enterprise selling second-hand cars but also harness for the businesses importing luxury supercars.

The 14th National Assembly’s fourth session to discuss debated laws

The fourth session of the 14th National Assembly started on October 23 will discuss contents that are important to Vietnam’s socio-economic development.