TRANSPORT TRADING FLOOR TO BE INTRODUCED
[14-10-2015] The Ministry of Transport is planning to pilot a transport trading floor for the first time this month. "It is an e-commerce trading floor on which transport companies, logistics service providers and commodities owners can post their information on services and commodities that need transporting," Tran Quang Binh, director of Transport Department under the Directorate for Roads of Viet Nam, explained to Thoi bao Kinh te Viet Nam (Viet Nam Economic Times)
PROPERTY MARKET LOOKS FOR TPP EDGE
[12-10-2015] The Trans-Pacific Partnership (TPP) deal will have a positive impact on the domestic real estate market, while the property market has recovered in the third quarter, experts said. The TPP deal has been struck after five years of negotiations.
RETAIL SPACE CONTINUES TO BE ATTRACTIVE INVESTMENT IN VIETNAM
[10-10-2015] The Vietnamese retail market has never appeared more attractive to foreign retailers and foreign retail developers, according to the assessment of commercial property and real estate services adviser CBRE.
MOBILE NUMBER TRANSFER BEGINS IN 2017
[03-10-2017] Mobile phone subscribers will be able to retain their numbers when switching to other mobile service providers since 2017, according to the Ministry of Information and Communications (MIC). According to the Authority of Telecommunications under the MIC, the pilot connection between three major network operators Viettel, Mobifone and VNPT will begin in December.
DELOITTE: ESTABLISHMENT OF TRANSFER PRICING INSPECTION TEAMS
[02-10-2015] On 1 September 2015, the General Department of Taxation (“GDT”) has issued Decisions 1574/QD-TCT and 1575/QD-TCT announcing the establishment of transfer pricing (“TP”) inspection teams at GDT and some major Provincial Departments of Taxation. These TP inspection teams will officially start their operation from 1 October 2015.
INCREASING NUMBERS OF INDUSTRIAL PARKS DRAW FOREIGN INVESTMENT
[30-09-2015] There are many new industrial parks (IP) among 299 measuring about 84,000 ha in Viet Nam, the Department of Economic Zones Management under the Ministry of Planning and Investment said. In September alone, the country had four newly established IPs of Thanh Hai in Ninh Thuan Province, Chu Trinh in Cao Bang Province, Chan Hung in Vinh Phuc Province and Mong Hoa in Hoa Binh Province.
VISA EXEMPTION FOR VIETNAMESE EXPATRIATES
[30-09-2015] The Government has issued Decree No. 82/2015/NÄ-CP on visa exemption for Vietnamese expatriates, their spouses and children entering Viet Nam. Accordingly, Vietnamese expatriates, their spouses and children are required to have passports or international travel papers that are valid for at least one year, submit identification papers to authorized agencies abroad and not subject to cases of entry and exit suspension regulated at Articles 21 and 28 of the Law on entry, exit and residence of foreigners in Viet Nam.
GRUNKORN & PARTNER LAW - UPDATE ON VALUE ADDED TAX
[28-09-2015] The information on Value Added Tax has been updated with the issuance of the recent Circular 26/2015/TT-BTC. For further information, please download our Brochure on Value Added Tax. Now these publications are available:
























