Topic: Decree

The decree regulates public-private partnership (PPP) in the field of science and technology development, innovation and digital transformation.

Under the new decree, special incentive mechanisms will encourage data-driven science, technology, and innovation activities.

The government recently issued a decree providing financial support up to 50% of initial investment costs for enterprises undertaking research and development projects in the semiconductor and artificial intelligence industries.

Aimed at promoting transparency and easing burdens for businesses, Vietnam's government proposes a revised decree to address complexities in land use fees and rental policies.

Sea encroachment projects must follow certain standards and laws.

Commenting on Decree No. 65/2022/ND-CP, dated September 16 and amending and supplementing a number of articles in Decree No. 153/2020/ND-CP on offering and trading privately-issued corporate bonds in the domestic market and offering for sale corporate bonds to the international market, analysts believe the new Decree will tighten the bond market, make it healthier, and present opportunities for capable businesses with transparent issuance records.

The government issued Decree No. 71/2022/ND-CP on October 1 amending and supplementing many articles in Decree No. 06/2016/ND-CP dated January 18, 2016, regarding the management, provision, and use of radio and television services. Domestic IPTV service providers will be able to compete equally with cross-border IPTV providers. The Decree will take effect on January 1, 2023.

On October 1, 2022, the Government issued Decree No. 71/2022/ND-CP amending and supplementing many articles of Decree No. 06/2016/ND-CP dated January 18, 2016 on management, providing and using radio and television services. With this decree, domestic OTT TV service providers will be able to compete equally with cross-border OTT TV providers. The Decree will take effect from January 1, 2023.

The government has issued a Decree relating to business activities in the field of civil aviation. A number of administrative procedures in the field have been reduced, simplified, or become electronic.

The government issued Decree No. 59/2022/ND-CP on electronic identities and authentications on September 5. The Decree applies to Vietnamese agencies, organizations, and citizens, and foreign organizations and individuals operating or residing in Vietnam. It takes effect from October 20.