As defined in the 2019 Law on Tax Administration (the Law), fulfillment of tax obligations means full payment of payable tax amounts, late-payment interests, fines for violations of the tax laws, and other state budget revenues.
By 2045, Vietnam eyes to become an important link in the global semiconductor industry value chain with a contingent of engineers and experts capable of meeting the industry's requirements in both quality and quantity.
The Government and Ministry of Construction in July issued an array of documents to provide prompt guidance for implementation of the new Housing Law (the Law). These documents are set to come into force right on August 1, which is also the effective date of the Law.
On July 25, 2024, the Government issues the Decree No. 97/2024/ND-CP on amending and supplementing a number of articles of the Government’s Decree No. 10/2019/ND-CP dated January 30, 2019, on the exercise of rights and performance of responsibilities of the state owner’s representatives.
Foreign organizations and individuals can now own up to 30 percent of the total apartments of a condominium, according to a new decree that became effective on August 1.
Prime Minister Pham Minh Chinh on July 21 issued Official Telegraph 71/CD-TTg, putting forward nine groups of focal solutions and tasks for July and the third quarter of 2024.
Scheduled to take effect on January 1 next year, the Law Amending and Supplementing a Number of Articles of the Law on Asset Auction, which was passed by the National Assembly on June 29, is expected to contribute to improving the quality and professionalism of operations of asset auction organizations.
The National Assembly on June 29 passed the Law Amending and Supplementing a Number of Articles of Land Law 31/2024/QH15, Housing Law 27/2023/QH15, Law 29/2023/QH15 on Real Estate Business, and Law 32/2024/QH15 on Credit Institutions.
The Law on Roads, which was passed by the National Assembly in June 2024, will take effect on January 1, 2025.
The Government issue Decree No. 101/2024/ND-CP on primary investigation for land; registration and issuance of certificates of land use rights and land information system, including Articles as follows:
The Ministry of Construction is working on draft revisions of Decree 16 of 2022, proposing to raise the maximum administrative fine to VND 1 billion (USD 39,500) for various construction violations in real estate business and housing development.
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