APPROVAL OF THE PROJECT “RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS ASSOCIATED WITH BAD DEBT SETTLEMENT IN THE PERIOD OF 2021 – 2025”

On June 08, 2022, The Prime Minister issued Decision No. 689/QD-TTg approving the project “Restructuring the system of credit institutions associated with bad debts settlement in the period of 2021 – 2025” in order to reduce the number of credit institutions and handle weak banks. Specifically, the overall objective of the Project is to create […]

TOWARDS ZERO EMISSIONS TARGET BY 2050

TOWARDS ZERO EMISSIONS TARGET BY 2050 On June 7, 2022, the Prime Minister issued Decision 687/QD-TTg approving the project of developing circular economy in Vietnam. According to the Scheme, the circular economy model sets the goal of supporting the building of a green lifestyle, encouraging waste separation and promoting sustainable consumption. The project has set […]

New decree to beef up real estate transfer

Nguyen Thanh Ha - Chairman of SB Law has gave his opinion on the issue of "New decree to beef up real estate transfer" in The Investor magazine:  The real estate market in Vietnam has grown more active after a gloomy period due to pandemic fallouts, boosted by supportive state policies. Real estate investment and […]

New policies will take effect from June 2022

1.      Subjects that not allowed to buy enterprises with 100% state capital from June 01, 2022 On April 25, 2022, the Government issued Decree No. 23/2022/ND-CP detailing the establishment, rearrangement, ownership conversion, and transfer of the right to represent the owner in enterprises 100% charter capital is held by the State. Accordingly, Article 23 of […]

Growing Vietnam M&A market dependent on capital flow, pandemic containment

Lawyer Nguyen Thanh Ha - Chairman of SB Law gave his opinion on "Growing Vietnam M&A market dependent on capital flow, pandemic containment" in The Investor magazine. Here are the details : Merger and acquisition activities in Vietnam increased the most in a decade from 2007-2017 at a total scale of $10 billion. However, due […]

Bonds essential capital source for real estate market

Lawyer Nguyen Thanh Ha - Chairman of SBLaw had a related perspective on the issue of bond capital in the real estate market. Currently, Vietnam's real estate market is highly dependent on the credit system and corporate bonds. In the first two months of 2022, about $1.13 billion in corporate bonds were issued, doubling the […]

The new policies will take effect from April 2022

1. The number of overtime hours in a month must not exceed 60 hours On March 23, 2022, the National Assembly Standing Committee issued Resolution No. 17/2022/UBTVQH15 on the number of overtime hours in a year and a month for employees in the context of the prevention and control of the Covid-19 epidemic and economic […]

The new policies will take effect from March 2022

1. Change of real estate business conditions from 01/03/2022 On January 6, 2022, the Government issued Decree No. 02/2022/ND-CP detailing the implementation of a number of articles of the Law on Real Estate Business. Accordingly, Article 4 of this Decree provides conditions for real estate business, including: It is necessary to establish an enterprise in […]