Regulations on Payment Agent Operations

On June 21, 2024, the State Bank of Vietnam issued Circular No. 07/2024/TT-NHNN concerning payment agent operations. Below are some noteworthy provisions of this Circular: 1. The principal assigns the payment agent to perform one or several of the following tasks: - Receive applications for opening payment accounts, verify customer identification information, forward it to […]
Approaches and Methods for Real Estate Valuation Applicable

On June 20, 2024, the Minister of Finance issued Circular No. 42/2024/TT-BTC on Vietnamese Valuation Standards for Real Estate Valuation. These standards provide guidelines for real estate valuation in accordance with the pricing laws. These standards do not apply to land valuation under land law. The approaches applied in real estate valuation include: - Market […]
08 Goods and Services Required to Register Standard Contracts and General Trading Conditions

On June 20, 2024, the Prime Minister issued Decision No. 07/2024/QĐ-TTg promulgating the List of Products, Goods, and Services that Must Register Standard Contracts and General Trading Conditions. Here are some notable points: 08 Products, Goods, and Services Required to Register Standard Contracts: - Provision of electricity for residential purposes; - Provision of residential […]
Applying Animal and Plant Quarantine Measures According to International Standards

On June 19, 2024, the Prime Minister issued Decision No. 534/QĐ-TTg approving the Project "Enhancing the Effectiveness of Implementing the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS) of the World Trade Organization (WTO) and SPS Commitments within the Framework of Free Trade Agreements." The project aims to enhance Vietnam's capacity to fulfill […]
Enforcement of tax debt

On June 19, 2024, the General Department of Taxation issued Official Letter No. 2633/TCT-QLN addressing issues encountered during the implementation of tax debt enforcement through measures such as garnishing and freezing taxpayers' accounts. Regarding this matter, after consulting with relevant departments within the Ministry of Finance, the General Department of Taxation stated the following opinion: […]
Draft Resolution on piloting commercial housing projects through agreements on receiving land use rights or having land use rights that are not residential land

On June 18, 2024, the National Assembly issued a Draft Resolution on piloting the implementation of commercial housing projects through agreements on receiving land use rights or having land use rights that are not land. landscape. This draft Resolution stipulates pilot implementation of commercial housing projects through agreements on receiving land use rights or having […]
Administrative Procedures Newly Issued in the Maritime Sector within the Management Scope of the Ministry of Transport

Decision No. 732/QĐ-BGTVT announcing the administrative procedures that are newly issued, amended, supplemented, and abolished in the maritime sector within the management scope of the Ministry of Transport.
Integrated Procedures for Birth Registration, Permanent Residence, and Issuance of Health Insurance Cards for Children Under 6 Years Old

On June 12, 2024, the Government Office issued Decision No. 296/QĐ-VPCP announcing two groups of integrated electronic administrative procedures: birth registration, permanent residence registration, and issuance of health insurance cards for children under 6 years old; and death registration, deregistration of permanent residence, and handling of funeral expenses and death benefits. The steps for implementing […]
Strategy for Developing Vietnam's International Fiber Optic Cable System

On June 14, 2024, the Minister of Information and Communications issued Decision No. 977/QĐ-BTTTT approving the "Strategy for Developing Vietnam's International Fiber Optic Cable System to 2030, Vision to 2035" with the following key tasks: Firewall Cisco|| Juniper switch | Router cisco | thiết bị mạng cisco | thiết bị chống sét | Bộ lưu […]