Legal Update 04/2023
In This Update
Enterprise
What is the dividend preferred share? Is it transferred?
Intellectual Property
Why should figurative marks and product labels be registered as copyright in Vietnam?
Finance – Banking
From April 03, 2023: Reduce the maximum interest rate applicable to deposits
Reduce maximum short-term loan interest rates in VND
SBV’s refinancing interest rate is reduced to 5.5%/year
Maximum interest rate applicable to deposits in VND is reduced to 0.5%/year
Changes in organizational structure of the State Bank of Vietnam from 2023
Policy
Formulate Resolution on pilot implementation special mechanisms to develop Ho Chi Minh City
Persons committing domestic violence acts may be required to show up at the commune-level Public Security agency
Organizational Structure
Reorganize the Ministry of Agriculture and Rural Development
Public Order
New Decree on personal data protection
Justice
Add 3 draft laws to the 2023 law- and ordinance-making program
Investment
Plan of Action for Strategy for foreign investment cooperation in the 2021-2030 period
Information – Communications
By 2025, 70% of press agencies will post their content on digital platforms
Land – Housing
Extend business households’ personal income tax payment deadlines until December 30
Dossier for granting the certificate of land use rights for real estate business projects
Issue the certificate of ownership for condotel works from May 20, 2023
Supplement conditions for changing use purpose of land for rice cultivation
New Decree on amending Decrees guiding the implementation of Land Law
Conditions for participating in an auction of land use rights
Industry
Intensify tasks to develop logistics services in Vietnam
Administration
Documents not subject to digitalization upon administrative procedure settlement
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