Ownership of housing in Vietnam for Vietnamese citizens residing abroad
Question: I am a Vietnamese citizen residing abroad, and currently, my parents and younger brother are in Vietnam. I would like to purchase a house in Vietnam. In my case, am I allowed to own property in Vietnam? Answer: According to the 2008 Law on Nationality, as amended in 2014, it stipulates that "Vietnamese residing […]
Procedures for issuing and changing Certificates of Land Use Rights and Ownership of Houses and other Land-attached Assets already issued
Question: In 2011, my Company was granted the Certificates of Land Use Rights and Ownership of Houses and Other Land-Attached Assets for a plot located in the High-Tech Land Area where our current factory is situated. However, in 2024, due to administrative boundary changes, the current address of this plot has changed from the address […]
Vietnamese legal regulations regarding inheritance procedures
Question: My husband and I, both British nationals, have been lived and working in Vietnam. Six months ago, my husband returned to the UK and unfortunately passed away, leaving a will drafted in the UK. The will includes an inheritance of an apartment in a apartment building in District 2, which was his separate property, […]
Consultation on the HS Code for the Coating Powder Product (powder coating)
Question: Our company intends to import coating powder (powder coating) for distribution in Vietnam. Please advise on the HS code to be used when importing this item. Answer: Regarding the request for advice on HS codes of powder coating products, our opinion is as follows: Based on the customer’s preliminary description, according to the current […]
Draft Circular Amending and Supplementing Certain Provisions of Circulars on Securities Transactions on the Securities Trading System; Securities Transaction Clearing and Settlement; Operations of Securities Companies and Information Disclosure on the Securities Market
The draft Circular proposes regulations on share purchase transactions by foreign institutional investors. Specifically, Clause 2, Article 1 of the draft Circular proposes adding Article 9a, which regulates share purchase transactions by foreign institutional investors, after Article 9 of Circular 120/2020/TT-BTC, as follows: (1) Securities companies shall assess the payment risk of foreign institutional investors […]
Draft Decree Detailing Certain Provisions of the Law on Archives
The Ministry of Home Affairs is drafting a Decree detailing certain provisions of the 2024 Law on Archives. Accordingly, the basic contents of the draft Decree detailing certain provisions of the 2024 Law on Archives include: (1) Master Data Identification - The master data of the database for archival documents of the Vietnam State Archives […]
Amendment of Decrees Guiding the Law on Investment in the Form of Public-Private Partnership
On September 13, 2024, the Government Office issued Official Dispatch 6549/VPCP-CN 2024 regarding the Decree amending several Decrees guiding the Law on Investment in the form of Public-Private Partnership (PPP). Accordingly, based on the proposal of the Ministry of Planning and Investment regarding the drafting of the Law amending and supplementing several provisions of the […]
Suggestions on the Plan for Simplifying Business Regulations
On September 12, 2024, the Government Office issued Official Dispatch 6532/VPCP-KSTT 2024 regarding comments on the plan for simplifying business regulations. Regarding the Draft Plan: The draft plan proposes a reduction and simplification of 69 out of 642 business regulations (10.75%) under the management functions of the Ministry of Industry and Trade, across 24 legal […]
List of Basic and Essential Public Services Using the State Budget in the Financial Sector
On September 13, 2024, the Prime Minister issued Decision 970/QĐ-TTg on the list of basic and essential public services using the state budget in the financial sector. Accordingly, the list of basic and essential public services using the state budget in the financial sector includes: (1) Services for the inspection and testing of the quality […]