On November 30, 2022, the Government issued Decree 99/2022/ND-CP on registration of security interests, replacing Decree 102/2017/ND-CP. Decree 99/2022/ND-CP took effect from January 15, 2023 with notable contents related to registration of security interests as follows:
(i) Providing regulations on 4 cases of registering security interests over property;
(ii) Amending regulations on validity of security interest registration;
(iii) Supplementing circumstances of cancellation of security interest registration.