Announcing loan interest rates
On March 6, 2024, the State Bank of Vietnam issued Official Dispatch No. 1628/NHNN-CSTT to synchronously and effectively implement interest rate announcement. The State Bank requires credit institutions as follows: - Continue to announce average lending interest rates, average deposit and lending interest rate differences, lending interest rates for credit programs, credit packages and other […]
Altruistic surrogacy
Question: My husband and I have been married for 7 years. Due to my medical condition preventing me from conceiving, we are considering finding a surrogate mother. Can we do this, and what procedures do we need to follow? Answer: The law in Vietnam allows altruistic surrogacy for couples where the wife is unable to […]
Issue the Plan to implement the National Data Center Project
On March 15, 2024, the Ministry of Natural Resources and Environment decided to issue a plan to implement Resolution No. 175/NQ-CP dated October 30, 2023, by the Government approving the National Data Center Project. The assigned tasks are to be carried out with specific objectives: to closely follow the established viewpoints; to ensure the overall […]
Draft Law on Employment
On March 15, 2024, the Parliament issued 2nd Draft Law on Employment to meet the needs of socio-economic development, in line with international commitments, and promote sustainable development of the labor market. The amendment of the Law on Employment is necessary as the current law is gradually revealing difficulties and limitations. The Ministry of Labor […]
Expanding the business services of the company with foreign investment
Question Our company, with 100% investment from the Netherlands, is currently operating in Ho Chi Minh City. We are planning to expand our business activities in the field of providing employment services and payroll calculation. May I ask if we can expand the scope of business activities as mentioned above? Answer: Regarding the two business […]
Exchange Rate of Foreign Currencies for March 2024
Exchange Rate of Foreign Currencies for March 2024
Proposal for Amendment and Issuance of Fire Prevention and Fighting Law, and Search and Rescue Law.
Proposal for Amendment and Issuance of Fire Prevention and Fighting Law, and Search and Rescue Law.
Strategic Considerations for Trademark Registration in Vietnam
SBLAW - Enterprises in Vietnam face significant challenges when navigating the trademark registration process, particularly concerning the lengthy timelines involved. The licensing process for trademark registration at Intellectual Property Office (IPVN) has recently faced criticism for its extended durations. Strategic Considerations for Trademark Registration in Vietnam Enterprises report that it may take 3-4 months to […]
Proposal to develop a Law on Special Consumption Tax (amended)
Proposal to develop a Law on Special Consumption Tax (amended)