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ARTICLE · 15 DECEMBER 2023

Technical Update - Legal Update October 2023

On 24 July 2023, the Government issued Decree No. 56/2023/ND-CP ("Decree 56") amending and supplementing a number of articles of Decree No. 96/2016/ND-CP.

VietnamReal Estate and Construction

1. Decree amending and supplementing a number of articles stipulating conditions on security and order for a number of conditional business lines and management, usage of seals

On 24 July 2023, the Government issued Decree No. 56/2023/ND-CP ("Decree 56") amending and supplementing a number of articles of Decree No. 96/2016/ND-CP stipulating conditions on security and order for a number of conditional business lines ("Decree 96") and Decree No. 99/2016/ND-CP on management and usage of seals ("Decree 99"). Decree 56 shall come into force starting from 15 August 2023 with notable changes as follows:

1.1. Amendments to Decree 96 stipulating conditions on security and order for a number of conditional business lines

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