Project 30: Simplifying nearly 5,000 administrative regulations 21/02/2011

The Master Plan of Administrative Procedure Simplification in the fields of state management for the period 2007 - 2010 is being carried out comprehensively at all levels, engaging all state administrative agencies, citizens and businesses.

Bills on independent auditing, human trafficking on agenda 18/02/2011

The draft laws on human trafficking and independent auditing were discussed by members of the National Assembly Standing Committee yesterday in Ha Noi.

Lawmakers consider law on capital city 18/02/2011

Immigration management and higher administrative fines were among the National Assembly Standing Committee's top concerns as it discussed the draft Law on the Capital City yesterday.

Legal documents come into effect from mid-February 2011 17/02/2011

- Circular No. 212/2010/TT-BTC (on higher fees for vehicle registration certificates) comes into effect on 4 February 2011.

Decree No. 10/2011/ND-CP 14/02/2011

On 26 January 2011, the Vietnamese Government issued Decree No. 10/2011/ND-CP amending and supplementing some articles of Decree No. 141/2006/ND-CP dated 22 January 2006 issuing the list of legal capital levels of credit institutions (Decree 10).

Legal documents come into effect from 1 February 2011 11/02/2011

·  Decision No. 78/2010/QD-TTg of November 30, 2010, on the level of value of imports sent via the express delivery service which are exempt from duty and tax.

Regulations on bid review process 09/02/2011

On 30 December 2010, the Ministry of Planning and Investment issued Circular No.01/2011/TT-BKHDT providing for bid review works of organizations and individuals participating in bid review.

New law increases transparency 26/01/2011

The amended Law on Securities passed last year and taking effect this July 1 includes notable provisions which will help the nation's securities market develop more transparently and efficiently.

Administrative sanctions in press and publication 26/01/2011

On 06th January of 2011, the Government of Vietnam issued Decree No.02/2011/ND-CP on administrative sanctions in press and publication field. Decree 02 will take effect as of 25th February 2011, replacing Section 1, Section 2, and Article 52, Article 53 of Section 8 of Chapter II of Decree No.56/2006/ND-CP dated 6th June 2006.

Experts discuss competition law 31/12/2010

HCM CITY — The Competition Law, which became effective in 2004, should contain more specific language about penalties and fines, experts said.

New requirements on occupational safety in executing consutruction works 22/12/2010

On December 3, the Ministry of Construction issued Circular No.22-2010-TT-BXD on occupational safety in executing construction works ("Circular 22"). Circular 22 provides in details requirements on ensuring safety during the execution of construction works and liabilities of the relevant parties.

New laws issued on elections, inspections and administration 20/12/2010

President Nguyen Minh Triet has signed into law the Law on National Assembly and People's Council Elections (revised); the Law on Inspection and the Law on Administrative Litigation and the Resolution on the implementation of Administrative Litigation.

First Environmental Tax, Securities laws enacted 20/12/2010

President Nguyen Minh Triet promulgated Viet Nam's first Environmental Tax Law as well as new Insurance Business an and Securities Laws yesterday.

Mining, civil service, consumer laws issued 20/12/2010

President Nguyen Minh Triet yesterday promulgated three new laws including the Law on Consumer Rights Protection, the amended Law on Minerals, and the Law on Public Officials and Civil Servants which were passed by the National Assembly during its 8th session.

New regulations on maintenance of construction works 20/12/2010

On 6 December 2010, the Government promulgated Decree No.114/2010/ND-CP on maintenance of construction works. Accordingly, where the construction works are put into operation the owners or their authorized representatives, the administrators, or the users shall be responsible for the maintenance works.

Income tax registration process simplified 08/12/2010

The Ministry of Finance issued Circular No 175/2010/TT-BTC on November 5, amending Circular No 84/2008/TT-BTC of September 2008 on registration for personal income taxes. Accordingly, an income tax registration dossier includes:

Reporting obligation of foreign invested companies 08/12/2010

Starting from 15 January 2011, State owned enterprises and foreign invested enterprises and projects must submit regular reports to the competent authorities of statistics and investment management. This is the new regulations promulgated by Decision No.77/2010/QD-TTg dated 30 November 2010 of the Prime Minister.

Decree clarifies charter capital rules 03/12/2010

The Government issued Decree No 102/2010/ND-CP on October 1, including regulations issued pursuant to the 2005 Law on Enterprises. Decree 102 replaces Decree No 139/2007/ND-CP of September 5, 2007 (Decree 139), getting rid of unreasonable provisions while clarifying confusing provisions on corporate governance.