Requirements for establishment of foreign-invested vocational colleges

This is the highlight of the Decree No. 15/2019/ND-CP elaborating on certain articles of and measures to implement the Law on Vocational Education. Pursuant to the Decree, application requirements for establishment of foreign-invested vocational colleges in Vietnam are specified in Article 9 in the Decree, including the specific regulations as follows: - Put forward proposals for establishment in line with the planning scheme...

Read More

Incorporation of CPTPP Agreement Relating to Origin Rules into Vietnam Laws

The CPTPP Agreement took effect in Vietnam as of January 14th, 2019 including 11 founding countries including Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, Singapore, New Zealand, Peru and Vietnam. On January 22nd, 2019, the Vietnam Ministry of Industry and Trade issued Circular No. 03/2019/TT-BCT (Circular 03) regulating rules of origin of goods in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership...

Read More

Requirements concerning submission of notarized or certified true copies of several administrative formalities are about to take effect

On January 30, 2019, the Government promulgated the Decree No. 11/2019/ND-CP (in force from March 15, 2019) amending Decrees prescribing administrative formalities regarding requirements for submission of notarized or certified true copies of documents under the management of the Ministry of Culture, Sports and Tourism. The Decree prescribes that persons implementing administrative procedures must submit certified true copies or must submit...

Read More

M&A makes up majority of foreign capital inflows

HCMC - Some US$6 billion out of US$7.63 billion in foreign investment capital pledged to HCMC last year came from capital contributions, share acquisitions and purchases of stakes from domestic businesses. HCMC vice chairman Le Thanh Liem said at a conference in Binh Duong Province on February 14 that the pledged investment capital from foreign investors for HCMC last year picked up by 15.59% against the previous year. Of these, there were 1,060...

Read More

Danang to call on investment in hi-tech, real estate after Tet

DANANG – The central coastal city of Danang plans to call for investment in 44 projects mostly in the fields of hi-tech and real estate after the Tet holiday, with each of them needing US$30,000 to US$400 million, according to a representative of the Danang Investment Promotion Agency. Half of the 44 projects are in the information-technology and hi-tech sectors and will be executed in Danang Hi-Tech Park. The city is seeking...

Read More

Multimodal Transport Business Regulations in Vietnam

On October 16th, 2018, Vietnam Government issued Decree No. 144/2018/ND-CP amending, supplementing the decrees on multimodal transport. Under the law of Vietnam, multimodal transport (“MT”) is the transportation of goods performed with at least two different modes of transport under the multimodal transport contract from an original place to a place designated for delivery, the carrier is liable for the entire carriage. MT business includes: International...

Read More