Want to be in the loop?
subscribe to
our notification
Business News
EIGHT DECREES, ONE CIRCULAR TAKE EFFECT IN FEBRUARY
The legal documents include new regulations on foreign exchange management regarding foreign currency funding of microfinance, socio-political organizations and non-governmental organizations.
Decree No. 94/2019/ND-CP dated December 13, 2019 detailing a number of articles of the Law on Crop Production regarding plant varieties and crop production shall come into force since February 1, 2020.
Decree No. 95/2019/ND-CP amending and supplementing some articles of Decree No. 24a/2016/ND-CP on management of building materials shall take effect since February 10, 2020.
Decree No. 97/2019/ND-CP amending and supplementing some articles of Decree No. 30/2018/ND-CP dated March 7, 2018 of the Government on establishment and operation of property valuation council shall take effect since February 15, 2020.
Decree No. 99/2019/ND-CP elaborating and providing guidelines for a number of articles of the Law on amendments to the Law on Higher Education are to come into force since February 15, 2020.
Decree No. 04/2020/ND-CP dated January 03, 2020 amendments to Government’s Decree No. 31/2016/ND-CP on penalties for administrative violations against regulations on plant varieties, plant protection and quarantine, and Government’s Decree No. 90/2017/ND-CP on penalties for administrative violations against regulations on veterinary medicine shall take effect since February 18, 2020.
Decree No. 06/2020/ND-CP amending and supplementing Article 17 of Decree No. 47/2014/ND-CP dated May 15, 2014 stipulating regulations on compensation, support, and resettlement upon land expropriation by the State shall take effect since February 20, 2020.
Decree No. 07/2020/ND-CP on Viet Nam's special preferential import tariffs for the implementation of ASEAN-Hong Kong (China) Free Trade Agreement during 2019-2022 period shall come into force since February 20, 2020.
Decree No. 08/2020/ND-CP on organization and operation of bailiff offices are to take effects since February 24, 2020.
Circular No. 34/2019/TT-NHNN dated December 31, 2019 of the State Bank of Viet Nam provides guidance on foreign exchange management regarding foreign currency funding of microfinance, socio-political organizations and non-governmental organizations.
The Circular shall come into force since February 14, 2020.
Source: VGP
Related News
MEMBER CORNER / PROMOTIONS
GOLDEN DEAL, KNOCK-DOWN OFFER
Are you ready for a fun-filled family vacation. Don't miss the super attractive Family Staycation package at Becamex Hotel. 2 days 1 night package with full amenities and free activities: Buffet breakfast, Swimming, tennis, bicycle, gym, sauna, cool ice cream, 300.000 VND service voucher and many other offers! Contact now for detailed advice.
MEMBER CORNER / PROMOTIONS
"BEARY CHRISTMAS" CHARITY PROGRAM
As the Festive Season approaches, Caravelle Saigon, in collaboration with VinaCapital Foundation (VCF), is bringing a heartwarming charitable initiative to life — and we are delighted to invite all HKBAV members to take part in the very first “Beary Christmas” Charity Program. By adopting a Caravelle Bear for VND 299,000 nett, you will be directly supporting children battling cancer in Vietnam through VCF’s Can-Care/Can-Clover Program.
MEMBER CORNER / PROMOTIONS
SOILBUILD INTERNATIONAL WINS “BEST INDUSTRIAL DEVELOPMENT” AWARD FOR SPECTRUM NGHE AN AT THE PROPERTYGURU VIETNAM PROPERTY AWARDS 2025
Soilbuild International is pleased to announce that its project, Spectrum Nghe An, has been awarded Best Industrial Development at the PropertyGuru Vietnam Property Awards 2025, held on 24th of October 2025, in Ho Chi Minh City. The PropertyGuru Vietnam Property Awards is part of the prestigious PropertyGuru Asia Property Awards series, the largest and most respected real estate awards programme in Asia.
MEMBER CORNER / PROMOTIONS
WEBINAR: 2025 VIETNAM KEY TAX FINALISATION, UPDATES ON TAX CHANGES AND GLOBAL MINIMUM TAX
Dear Valued Client,We would like to invite you to our webinars on Friday, 12 December 2025, and Tuesday, 16 December 2025, to review and learn about key 2025 tax finalisation topics and stay ahead with the latest tax changes.
LEGAL UPDATE / POLICY
NEW ECONOMIC POLICIES EFFECTIVE THIS DECEMBER
Government Decree 304/2025, effective December 1, sets stricter conditions for seizing collateral, especially assets that are a borrower’s sole residence or essential work tools. In such cases, lenders must set aside a compensation amount equivalent to six to twelve months of minimum wage. The measure aims to improve transparency in bad debt handling and reduce credit risk in the banking system.
HOSPITALITY / TOURISM / ENTERTAINMENT
QUANG NINH TARGETS VND58 TRILLION IN TOURISM REVENUE
Quang Ninh Province is aiming to generate VND58 trillion in tourism revenue this year after surpassing its goal of 21 million visitors, driven by new tourism products, expanded nighttime activities, and large-scale events. As of mid-November 2025, Quang Ninh had welcomed 21.28 million visitors, up 12% year-on-year. Tourism revenue reached at least VND57 trillion, a 22.46% increase from the same period last year. With its visitor target achieved, the province is now pushing toward its revenue goal of VND58 trillion.
Events Sponsors
