Latest News

Decree No. 163/2017/ND-CP on provision of logistics services issued by the Government on 30th December 2017 has replaced Decree No. 140/2007/ND-CP providing detailed regulations on the Commercial Law regarding conditions for engaging in logistic services business, and limitations on liability of logistic services business traders
Notable points of new Decree 09/2018/ND-CP replacing Decree 23/2007/ND-CP regarding the activities of goods trading and direct related activities of foreign-invested enterprises in Vietnam
Article 292 of Criminal Code to be removed
Organization involved in conditional construction activities will be granted certificate of capacity
Time for making complaint on audit report will be 30 days from the date of receipt of the report
New Law on Import, Export Tax comes into effect
New regulation on money brokerage
Amendment on regulation on operation of lending, borrowing; sale, purchase of valuable papers with term among credit institutions, branches of foreign banks
New regulation on registration of mortgage of land-use rights and on-land assets
New regulation guiding implementation of some contents of the Law on Housing and the Decree No. 99/2015/ND-CP guiding a number of articles of the Law on Housing
New Circular 10/2016/TT-NHNN guiding offshore portfolio investment
New Circular guiding implementation of investment incentives in the Law on Investment No. 67/2014/QH13 and Decree No. 118/2015/ND-CP
Several new content of the Civil Code 2015
New Decree on representative offices and branches of foreign companies
Security companies will "cut off" the margin trading for foreign investors from 1 July 2016
New regulation on foreign loans
Postponement of the new Penal Code 2015
Financial obligations of employers and employees in favor of employees
New Law on Enterprise and Law on Investment – New favorable conditions for businesses
New Law on Entry, Exit, Transit and Residence Foreigners – a closer step for Vietnam’s integration into the world
Vietnam opened more Market to FDI in Logistics Business
Vietnam is about to issue a more liberated housing regulation to foreigners
The use of foreign currencies in contract and transaction in Vietnam
“Golden” share in Shareholding Company (JSC)

Activities

Ms. Thuy Anh, A-PAC executive director, delivers speech at the seminar on practical issues occurred during civil proceedings

A-PAC's Members

Picture taken after the discussion on cooperation between members of Aichi Law Association (Japan) with A-PAC

Le Phan Thuy Anh, executive director, in discussion with Tran Hong Lan (standing), member, in charge of financial&banking sector

Celebration in Sofitel Metropole Hotel (Hanoi) on the occasion of publication of legal article by Noguchi Shingo at Japanese Business Association

Japanese Partner

New Circular 10/2016/TT-NHNN guiding offshore portfolio investment

On 29 June 2016, the State bank of Vietnam issued Circular 10/2016/TT-NHNN guiding the implementation of some contents of the Decree No. 135/2015/ND-CP on offshore portfolio investment (“Circular 10”). This new Circular including 9 Chapters, 38 Articles and 16 Annexes, will come into effect on 13 August 2016. There are several key points regarding offshore portfolio investment of Vietnamese employees as follows:

Vietnamese employees working in foreign organizations in Vietnam are entitled to make offshore portfolio investments by participating in incentive share programs for shares issued oversea (Article 7).The incentive share programs must be implemented through an organization executing the incentive share program (Article 8.1) in conformity with the following forms (Article 9)

Shares-award.
Share-option with preferential conditions.

Earnings from sale of shares, share-option, dividends and other lawful incomes in foreign currency must be transferred to Vietnamese employees via the share incentive program account of the executing organization (Article 8.2).

In addition, Circular 10 also provides detailed dossiers, registration procedures for issuance of certificates of investment activities, offshore portfolio investment trust.