NEW LAW ON TELECOMMUNICATIONS 2024
On 24 November 2023, the National Assembly of Vietnam approved the New Law on Telecommunications (“New Telecommunication Law”), which will be effective from 1 July 2024.
LAW ON REAL ESTATE BUSINESS 2023
On 28 November 2023, the National Assembly of Vietnam passed the amended Law on Real Estate Business No. 29/2023/QH15 (“LREB 2023”) replacing the 2014 law. The LREB 2023 will take effect from 1 January 2025.
Power Development Plan 8
On 15 May 2023, the Prime Minister of Vietnam issued Decision No. 500/QD-TTg approving the National Power Development Master Plan outlining strategies and goals for the country’s energy sector for the period from 2021 to 2030, with a vision for 2050 (“PDP8”).
MANUFACTURING IN VIETNAM A LEGALGUIDE
A. Introduction to Vietnam and manufacturing According to the World Bank, in 2021, the manufacturing sector contributed 24.26% to the GDP of Vietnam. This figure is expected to be significantly higher due to what The Economist in February 2023 referred to as a “global shift in [the] supply chain” based on geopolitical factors. Supply chain …