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PROPERTY / INDUSTRIAL ZONE

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.

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TECHNOLOGY

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.

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LEGAL UPDATE / POLICY

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.

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PROPERTY / INDUSTRIAL ZONE

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.

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HOSPITALITY / TOURISM / ENTERTAINMENT

VISA EXEMPTION FOR VIETNAMESE EXPATRIATES

[30-09-2015] The Government has issued Decree No. 82/2015/NĐ-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.

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LEGAL UPDATE / POLICY

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:

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LEGAL UPDATE / POLICY

PWC: FIRST DECREE GUIDING THE NEW LAW ON ENTERPRISES ISSUED

[25-09-2015] The first of the decrees guiding the new Law on Enterprises has finally been issued - Decree No. 78/2015/ND-CP dated 14 September (“Decree 78”). Decree 78 will become effective as of 1 November 2015 and deals with enterprise registration matters only.

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HOSPITALITY / TOURISM / ENTERTAINMENT

PROPERTY DEVELOPERS SEE OPPORTUNITIES IN HA LONG MARKET

[18-09-2015]  Ha Long is seen as an appealing property market in the country's northern region, with rich potential for development and possessing a mild climate, beautiful landscape and prime location. With such advantages,the resort real estate segment seems to never lose its charm for professional developers who have poured billions of dollars into Ha Long to develop luxury tourism projects. 


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