On January 18, 2024, the National Assembly promulgated Law on Land No. 31/2024/QH15 (Land Law 2024), which takes effect from January 1, 2025. The Land Law 2024 has many outstanding amendments and supplements that address the limitations of the previous law. This article analyzes some typical contents of this Law related to the operation of real estate and energy businesses, which are researched and contributed by lawyers of NHQuang&Associates during the development of the Land Law 2024.
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Does the State need to rescue loss-making BOT transport projects?
The Ministry of Transport has submitted to the Government a solution to handle difficulties and problems in eight BOT transport projects by using 10,650 billion Viet Nam dong from the State budget. The form of rescue includes sharing the revenue shortfall compared to the investor’s financial plan as well as terminating the contract and buying back the project. Are these solutions from the State reasonable, feasible and in accordance with legal regulations?
Read moreTypical contents of the new Circular guiding the Law on intellectual property and Decree on industrial property
On November 30, 2023, the Ministry of Science and Technology promulgated Circular 23/2023/TT-BKHCN guiding the Law on Intellectual Property (IP Law) and Decree 65/2023/ND-CP guiding the IP Law on industrial property, protection of industrial property rights, and rights to plant varieties and State management of intellectual property related to the procedures for establishing industrial property rights and ensuring industrial property information.
Read moreNew regulations on unemployment insurance
The Ministry of Labour – Invalids and Social Affairs issued Circular 15/2023/TT-BLDTBXH amending, supplementing some provisions of Circular 28/2015/TT-BLDTBXH providing guidelines for Article 52 of the Law on Employment and Decree 28/2015/ND-CP providing guidelines for the Law on Employment in terms of unemployment insurance (Circular 15). Circular 15, taking effect from February 15, 2024, provides some notable contents related to unemployment insurance.
Read moreContinual application of value-added tax reduction policy
On December 28, 2023, the Government issued Decree 94/2023/ND-CP on value-added tax (VAT) reduction policy under Resolution 110/2023/QH15 dated November 29, 2023 of the National Assembly (Decree 94). Decree 94 takes effect from January 1, 2024 to the end of June 30, 2024.
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