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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

DA NANG INTERNATIONAL AIRPORT TO BE INAUGURATED IN LATE MARCH

By March 29, Da Nang International Airport will be completed, welcoming the first flight and then operating on a trial basis from April to September 2017. Construction of a new terminal at Da Nang International Airport is scheduled to be completed to serve foreign passengers, especially delegates to meetings held within the framework of the Asia-Pacific Economic Cooperation (APEC) Year 2017.

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BANKING / FINANCE / INSURANCE / TAX

TARIFF CUT LEADS TO LOWER PRICES OF IMPORTED CBU AUTOS

Several auto firms have adjusted down prices of completely-built-up (CBU) autos imported from regional markets following an import tax reduction this year in line with a roadmap of the ASEAN Trade in Goods Agreement (ATIGA).

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VIETNAM BUSINESS FORUM / QUESTIONNAIRE

INVITATION TO VBF CONSULTATION WORKSHOPS ON TWO REPORTS SURVEYING PRACTICAL BUSINESS INTERGRITY EXPERIENCES IN VIETNAM

The Vietnam Business Forum Consortium (VBF) in collaboration with Center for Social Governance Research (CENSOGOR) and Vietnam Institute for Economic and Policy Research (VEPR) will be holding (02) workshops on two studies "Identifying corruption risks in doing business" and "Sharing corporate practical experience of preventing corruption risk in doing business” in Hanoi (20th February 2017) and Ho Chi Minh (22nd February 2017).

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HOSPITALITY / TOURISM / ENTERTAINMENT

DECREE ON PILOTING GRANTING E-VISAS FOR FOREIGNERS ENTERING VN

The Government has issued Decree No. 07/2017/NĐ-CP defining procedures on piloting granting e-visas for foreigners entering Viet Nam. According to the Decree, foreigners registering for e-visas will realize these following steps:

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PROPERTY / INDUSTRIAL ZONE

REALTY MARKET OUTLOOK GLOOMY

Problems in planning and large gaps between land prices and incomes will pose challenges for the property market over the next few years, experts said. According to President of the Viet Nam Real Estate Association Nguyen Tran Nam, housing prices are still far beyond the incomes of a majority of residents.

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LEGAL UPDATE / POLICY

NEW POLICIES TAKE EFFECT IN FEBRUARY 2017

New regulations on e-visas for foreigners, sanctioning of administrative violations in the field of environmental protection, duty-free goods and business in prize-winning electronic games for foreigners will come into effect since February 2017.

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LEGAL UPDATE / POLICY

POLICIES FOR FOREIGNERS COME INTO EFFECT IN 2016 (PART 2)

A series of regulations on foreign workers, personal income tax exemptions for experts of UN, NGOs, number of apartments owned by foreigners, management of foreign construction contractors and foreign insurance business providing trans-border insurance services have taken into effect since the second half of 2016.

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LEGAL UPDATE / POLICY

EFFECTIVE POLICIES RELATING TO FOREIGN ELEMENTS IN 2016 (PART 1)

A string of new policies on civil status registration, employment, escorted transfer of violators, and individual income exemption involving foreign elements came into effect in 2016.


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