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Outstanding points on sea encroachment activities

On April 16, 2024, the Government issued Decree No. 42/2024/ND-CP providing detailed regulations on sea encroachment activities (Decree 42). This Decree is formulated and promulgated with the aim of providing detailed guidelines for Article 190 of the Law on Land 2024 and applies to agencies, organizations, and individuals involved in sea encroachment activities, except for activities serving national defense and security purposes.

Some notable regulations on management and development of industrial clusters

On March 15, 2024, the Government issued Decree 32/2024/ND-CP regulating the management and development of industrial clusters. Decree 32/2024/ND-CP, upon its effectiveness on May 1, 2024, will replace Decree 68/2017/ND-CP and Decree 66/2020/ND-CP amending and supplementing a number of articles of Decree 68/2017/ND-CP.

Some preferential and supporting policies for investment promotion in high-tech parks

On February 1, 2024, to solve some obstacles, create a more favorable legal background, and promote the development of high-tech parks, the Government issued Decree 10/2024/ND-CP on high-tech parks (Decree 10), replacing Decree 99/2003/ND-CP on high-tech park regulation and Article 112, Decree 31/2021/ND-CP (amending and supplementing some articles of Decree 99/2003/ND-CP).

New contents of the Circular guiding compulsory insurance in construction investment

On August 11, 2022, the Ministry of Finance promulgated Circular 50/2022/TT-BTC guiding Decree 119/2015/ND-CP on compulsory insurance in construction investment and Decree 20/2022/ND-CP amending Decree 119/2015/ND-CP regulating compulsory insurance in construction investment. This Circular takes effect from October 1, 2022 and replaces Circular 329/2016/TT-BTC guiding the implementation of Decree 119/2015/ND-CP regulating compulsory insurance in construction investment activities.

Comments on the Draft Decree replacing Decree 50/2016/ND-CP on sanctioning administrative violations in the field of planning and investment

In order to ensure the consistency of regulations on sanctions for handling administrative violations with relevant regulations in legal documents which have newly come into effect in the field of planning and investment and simultaneously enhance the efficiency of state management in this field, the Ministry of Planning and Investment has been developing the Draft Decree on sanctioning administrative violations in the field of planning and investment based on opinions of individuals and organizations.