On 28th December 2016, the Ministry of Industry and Trade promulgated Circular No. 35/2016/TT-BCT on definition of intra-corporate transferees, who work for foreign enterprises operating in 11 service sectors as specified in Schedule of Specific Commitments in Services between Vietnam and the World Trade Organization (“WTO”), are eligible for work permit exemption (“Circular 35”).
Amendment and Supplementation on Administrative Penalties in the Violations of Copyrights and Related Rights and Culture, Sports, Tourism, and Advertisement
On 20th March 2017, the Government promulgated Decree No. 28/2017/ND-CP (“Decree 28”) on amending and supplementing a number of articles of Decree No.131/2013/ND-CP dated 16 October 2013 by the Government on administrative penalties in the violations of copyright and related rights (“Decree 131”) and Decree No.
On 30th December 2016, the State Bank of Vietnam promulgated Circular 39/2016/TT-NHNN regulating lending practices of credit institutions and branches of foreign banks (“Circular 39”) in order to reconcile and enumerate regulations of the conditions and requirements of loans from credit institutions and branches of foreign banks in Vietnam (hereinafter referred to as “CI”).
On 27 December 2016, the Government promulgated Decree 167/2016/ND-CP regarding the duty-free business in Vietnam (“Decree 167”).
On 25 January 2017, the Government promulgated Decree No.07/2017/ND-CP regarding the process and procedure for a pilot program for qualified foreign nationals to apply for electronic visas prior to entering Vietnam(“Decree 07”)
On 30th December 2016, the Government promulgated Decree No. 175/2016/ND-CP (“Decree 175”) that amended and supplemented a number of articles of Decree No. 86/2013/ND-CP (“Decree 86”) dated 29th July 2013 regarding doing electronic gambling business for foreigners.