LATEST NEWS AND LEGAL UPDATE
CPTPP comes into effect in Việt Nam today
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in Việt Nam today, 14th of january 2019. The impact of the CPTPP on the economy [...]
Hyundai Marine & Fire Insurance buys 25% of Vietinbank Insurance
The VietinBank Insurance Joint Stock Corp. (VBI) signed a stock purchase agreement with South Korea’s Hyundai Marine & Fire Insurance Co. (HMFI) on December 21 in Hanoi. [...]
Sabeco’s 136 million tax bill to be reviewed
Prime Minister Nguyen Xuan Phuc has asked the Ho Chi Minh City Department of Taxation to hold back on enforcing a tax decision on collecting VND3.14 trillion [...]
Vietnam says Facebook violated cybersecurity law
Vietnam says Facebook has violated its new cybersecurity law by allowing users to post anti-government comments on [...]
Vietnam court orders Grab to pay Vinasun $208,000
Grab should pay Vinasun VND4.8 billion ($208,000) for damage it has caused the top taxi firm, a [...]
Vietcombank to sell 3 percent stake to foreign investors
Vietcombank, Vietnam’s largest bank by market cap, has received permission from the securities watchdog to sell a [...]
Five cases when assets of foreign bank branches are frozen
The State Bank of Vietnam (SBV) recently issued Circular 27/2018/TT-NHNN to specify cases of freezing capital and [...]
SBV intends to ease exporters’ access to foreign-currency loans
Exporters would no longer be subject to restrictions on borrowing of foreign-currency loans, while importers would face [...]
Amendments to ordinances on articles of 37 laws announced
The President’s Office, on January 2019, announced an ordinance on amendments and supplements to several articles of [...]