Tightening conditions for real estate business in Vietnam

Tightening-conditions-for-real-estate-business, Tightening conditions for real estate business in Vietnam

The Vietnam Ministry of Construction is organizing consultations with organizations, individuals, and experts on the draft Decree on the Vietnam Law on Real Estate Business. The notable point is that the draft regulations are stricter than the conditions for real estate business when it is proposed that organizations and individuals must establish enterprises or cooperatives…

Disclosure of real estate project information in Vietnam

Disclosure-of-real-estate-project-information, Disclosure of real estate project information in Vietnam

The disclosure of investor and project legal information in Vietnam is very necessary for customers to help reduce risks with future housing transactions. Recently, once again in the Decree detailing a number of articles of the Law on Real Estate Business, the Ministry of Construction proposed tightening conditions for organizations and individuals doing real estate…

Australia ends anti-dumping and anti-subsidy investigation of Vietnam precision steel pipes

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The Australian Anti-Dumping Commission (ADC) has issued an official notice on the termination of anti-dumping and anti-subsidy investigations on precision steel pipes from Vietnam (Case 550). According to the Trade Remedies Administration, Ministry of Industry and Trade, based on the announcement of the Australian Anti-Dumping Commission, this agency has determined that Vietnamese enterprises do not…

Facing difficulties due to Covid-19, can real estate investors delay or extend the payment schedule?

Facing difficulties due to Covid-19, can real estate investors delay or extend the payment schedule?

The Covid-19 epidemic has activated the “force majeure” clause in contracts, especially for the purchase and sale of houses formed in the future. So is this considered a force majeure event, and can investors delay or extend the payment schedule? Is the Covid-19 epidemic considered a force majeure event for homebuyers? In order to consider…

Vietnam: new policies will strongly affect the real estate market

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This is the revelation of the Ministry of Construction at Real Estate Forum 2021: New driving force for the real estate market, organized by the Vietnam Chamber of Commerce and Industry and the Vietnam Business Forum on the afternoon of July 16. There will be many new policies affecting the real estate industry Construction real…

Vietnam: Violating tax laws, businesses will have to face many consequences

Violating tax laws, businesses will have to face many consequences

When the management agencies continuously improve the provisions of the Law on Tax Administration, the fact that businesses still have violations of the tax law will have to face many consequences… Statistics of the General Department of Taxation show that, after 10 years (2010 – 2020), the number of inspections at taxpayers’ offices has doubled;…

Vietnam: How does the Enterprise Law 2020 affect foreign businesses?

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Currently, the Enterprise Law 2020 effective from January 1, 2021, is having a lot of influence on foreign enterprises operating in Vietnam. The Enterprise Law 2020 has a lot of new regulations, supplements, and amendments. Although there are no provisions that directly affect foreign enterprises, there are many new points that affect the operation and…

Vietnam: Industries and businesses that are permitted for foreign investment

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When you decide to invest as a foreign investor in Vietnam, you must first research the feasibility of the sector you want to participate in. One of them is that you should make sure that the business sector in which you intend to invest and operate is permitted by Vietnamese law or is restricted by…

Force majeure events in Vietnam: Payment obligations

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COVID Question: Can payment obligations be suspended as a result of the Force Majeure event in Vietnam, or will the Force Majeure event only excuse the inability to perform obligations other than monetary obligations? The following article will provide the answers to the above questions, typically under COVID impact. This is a frequent occurrence, where…

What do employers need to pay attention to when detecting employees positive with covid-19 in Vietnam?

What do employers need to pay attention to when detecting employees positive with covid-19 in Vietnam?

Covid Question: Regarding responsibility of employers in preventing epidemics and handling situation when detecting that the employees are sick or are subject to isolation, according to Clause 4, Article 23 of the Vietnam Law on Prevention and Control of Infectious Diseases, employers, when detecting the disease or signs of infectious diseases, shall have to notify…

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