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PROPERTY / INDUSTRIAL ZONE

HOUSING PROJECTS IN VIETNAM ATTRACT MORE FOREIGN INVESTMENTS

[04-04-2015] Foreign investors have recently poured more money into housing projects, instead of tourism estates, in Vietnam and they have had more confidence in the property market as well at a time when the revised real estate law is about to take effect.

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HOSPITALITY / TOURISM / ENTERTAINMENT

DRAFT CIRCULAR RAISING VISA FEES INTO VIETNAM

[04-04-2015] Foreigners wanting to stay in Vietnam for more than three months will face a rise in visa fees. According to the draft circular of the Ministry of Finance (MoF) on the regulations on collection, payment, management and usage of fees for visas and passports into Vietnam, fees for obtaining a multiple-entry visa into the country will be strongly increased:

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HR / LABOUR/ EMPLOYMENT

GOVT AGREES WITH WORKERS ON AMENDMENT TO SOCIAL INSURANCE

[02-04-2015] Workers will receive a one-off social insurance payment after they quit their last jobs if the National Assembly approves an amendment to Article 60 of the 2014 Social Security Law. Minister and Head of Government Office Nguyen Van Nen said at a press conference on Wednesday that the Government agreed with the change proposed by the Ministry of Labour, Invalids and Social Affairs.

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LEGAL UPDATE / POLICY

PWC: VIETNAM POCKET TAX BOOK 2015

[06-04-2015] The information in this booklet is based on current taxation regulations and practice including certain legislative proposals as at 1 April 2015. This booklet is intended as a general guide. Where specific transactions are being contemplated, definitive advice should be sought.

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HONG KONG RELATED NEWS

HKETO NEWSLETTER - HK FILES

[03-04-2015] The latest issue of HK Files,  the newsletter published by the Hong Kong Economic and Trade Office (ASEAN), has just been published. It is available for viewing at their official website. Please click the following hyperlink to read the latest news on Hong Kong and the activities of this office.

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PROPERTY / INDUSTRIAL ZONE

REAL ESTATE BUSINESSES READY FOR NEW WAVE

[01-04-2015] The stock market is very sensitive during the annual shareholder meeting season, as key information like capital increase plans or business plans of companies are usually disclosed during this event. This is perhaps a decisive moment for investors to pick up a stock when they see potential. And this year, all eyes are turning to the property businesses.

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LEGAL UPDATE / POLICY

NEW POLICIES TAKE EFFECT SINCE APRIL

[01-04-2015]  New Decrees on increasing wage for low-income officials, autonomy mechanism for non-business public units, conditions to select projects in form of Public-Private Partnerships (PPP) and projects subject to environmental impact assessment will come into effect since April 2015.

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TECHNOLOGY

VIETNAM TO LAUNCH 4G SERVICES IN 2016: DEPUTY MINISTER

[31-03-2015] Vietnam will license its mobile network operators to offer services using the fourth generation of mobile telecommunications technology next year, the country’s deputy minister of information and communications said Thursday. The Southeast Asian country has been piloting the 4G technology since 2010 and yielded positive results, so the year 2016 will see its official launch, Le Nam Thang told an international conference in Hanoi.


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