We want to notify you of recent legal updates that could affect your business. Key details are outlined below.
1. Decree No. 147/2024/ND-CP on the management, provision, and use of Internet services and information in cyberspace
Effective from 25 December 2024, this decree requires Internet businesses that (i) lease data storage in Vietnam or (ii) have 100,000 total monthly visits from Vietnam (average statistics over 06 consecutive months) to register and report to the Vietnam Ministry of Information and Communications, among other requirements.
2. Decree No. 124/2024/ND-CP amending and supplementing Decree No. 86/2018/ND-CP regulating foreign cooperation and investment in education
Effective 20 November 2024, this decree expands joint education participation to include foreign “educational organizations” (providers of educational programs established abroad) alongside foreign “educational institutions” and enforces stricter rules for foreign partners in joint education. It also requires foreign universities opening branch campuses in Vietnam to rank among the top 500 global universities in reputable rankings within the past three years. It sets additional criteria for foreign training programs.
3. Decree No. 128/2024/ND-CP amending Decree No. 81/2018/ND-CP on commercial promotion activities
This decree, effective from 01 December 2024, elaborates on calculating the maximum value of promotional goods or services. It also removes time restrictions for concentrated promotional programs organized by state agencies and eliminates the notification requirement for several promotional activities.
4. Circular No. 06/2024/TT-BKHCN to amend Circular No. 11/2015/TT-BKHCN guiding Decree No. 99/2013/ND-CP on penalties for administrative violations against regulations on industrial property
Effective 01 December 2024, this circular provides guidelines for suspending part or all of the production, business, and service activities as provided in Decree No. 99/2013/ND-CP. It makes providing a wrong indication concerning an industrial property licensing agreement a violation of industrial property rights.
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.