We are writing to inform you about recent legal developments that may impact your business. Please see the highlights below.
1. Decree 115/2024/ND-CP on selecting investors for land use investment projects.
This decree, which took effect on September 16, 2024, mandates that projects specified in Article 126.1 (a) and Article 126.1 (b) of the Land Law must undergo a competitive bidding process. It also provides guidance on the conditions, sectors involved, and incentives for specific types of projects.
2. Decree 123/2024/ND-CP on administrative sanctions for violations in the land sector.
This decree, which took effect on October 4, 2024, provides guidelines for administrative violations in the land sector, such as the forms of sanctions, amount of monetary penalties, remedial measures, authority to make records, persons subject to sanctions, and the competent authority issue administrative sanctions in the land sector, including violations in land use and violations in the provision of land services.
3. Decree 125/2024/ND-CP on conditions for investment and operation in the education sector.
This decree, effective November 20, 2024, outlines detailed regulations for conditions related to investment and operation within Vietnam’s education sector. It applies to various educational institutions, including preschools, general education schools, vocational schools, higher education institutions, and organizations offering educational services such as study abroad consultancy and quality assessment.
4. Decree 110/2024/NĐ-CP on social work.
This decree, which took effect on October 15, 2024, outlines fundamental principles and regulations regarding social work in Vietnam. It applies to individuals and organizations involved in social work services and defines the rights, responsibilities, and conditions for those working there.
5. Response Letter 4136/TCT-QLN of the General Taxation to Lao Cai Province Tax Department on payment of overdue tax debts and temporary suspension of exit from the country.
The General Taxation addresses the payment of tax debt in installments and relief from orders restraining legal representatives of organizations from exiting Vietnam when they are removed from that position.
Please click the hyperlink below to download a full version of this legal alert.
If you need more information or help navigating these changes, please do not hesitate to contact us.
• Diep Hoang +84 28 7300 0864 (ext 120) Diep.hoang@dilinh.com
• Michael Lee +84 28 7300 0864 (ext 130) Michael.lee@dilinh.com