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LEGAL NEWSLETTERS
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New regulations related to property auction activities

On July 3, 2023, the Government issued Decree 47/2023/ND-CP to amend and supplement several articles of Decree 62/2017/ND-CP which details some articles and provides measures for implementation of the Law on Property Auction. Decree 47 will take effect from September 1, 2023, focusing on adjusting the regulations related to online auction such as the order of online auction organization, requirements for online auction information portal, and responsibilities of relevant parties.

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New regulations on management and use of official development assistance (ODA) and concessional loans from foreign donors

On May 4, 2023, the Government issued Decree 20/2023/ND-CP amending and supplementing some articles of Decree 114/2021/ND-CP on management and use of ODA and concessional loans from foreign donors. Decree 20, taking effect from March 01, 2022, specifies many notable new points in defining the order, procedure and the subjects authorized to decide investment policy of programs, projects using ODA and concessional loans.

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Some new regulations on appraisal fees in the field of construction

On May 12, 2023, the Ministry of Finance promulgated Circular 27/2023/TT-BTC on prescribing fees for appraisal of technical designs and construction cost estimates, collection, transfer, management and use thereof; and Circular 28/2023/TT-BTC on prescribing fees for appraisal of construction investment projects, collection, transfer, management and use thereof. Circular 27/2023/TT-BTC and Circular 28/2023/TT-BTC was promulgated to replace the provisions on appraisal fees in the field of construction prescribed in Circular 210/2016/TT-BTC and Circular 209/2016/TT-BTC.

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Outstanding points about the transfer of ownership right over privately placed corporate bonds

On January 3, 2023, the Ministry of Finance issued Circular 30/2023/TT-BTC guiding the registration, depository, exercise of rights, transfer of ownership right, payment, and organization of the market for the trading of privately placed corporate bonds in the domestic market. This Circular takes effect from July 1, 2023

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Typical contents of the Decree guiding copyright and related rights

On April 26, 2023, the Government promulgated Decree 17/2023/ND-CP detailing several provisions and measures for implementation of the Law on Intellectual Property on copyright and related rights. Decree 17 potentially creates significant impact on several parties such as organizations and individuals doing scientific research/academic studies, enterprises doing business in the fields of entertainment and providing intermediary services.

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