In This Update INDUSTRY Stiffer safety requirements for oil and gas facilities The Government on July 1 issued Decree 45, detailing a number of articles of the Law on Oil and Gas, specifying requirements for ensuring safety in the engineering, manufacturing, construction, and operation of oil and gas facilities. Incentives for investment in self-consumption rooftop […]
In This Update ENTERPRISE Foreign traders are allowed to establish branches or representative offices in Vietnam. However, what should the foreign trader choose to establish between a branch or a representative office? In accordance with Clause 6, Clause 7, Article 3 of the Law on Commerce 2005, a branch and a representative office of the […]
In This Update ENTERPRISE New guidelines for business lines, identification numbers of business households Circular No. 02/2023/TT-BKHDT which is issued on April 18, 2023, of the Ministry of Planning and Investment guiding business lines, identification numbers of business households. 6 new policies supporting to reduce of the enterprise’s charges until 2025 Support to reduce the […]
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 […]
In This Update Enterprise Guiding corporations to change the conditions of already issued bonds. Decree 08 amends regulations on corporate bonds. 3 regulations on corporate bonds which have effects suspended until 2023. Rescheduling principal loans, interest to tackle difficulties of real estate enterprises. Export – Import In 2023 – 2027: Import tariff quotas for unmanufactured […]
In This Update Tax – Fee – Charge Amend the regulations on the exemption of enterprise income tax. Information – Communications Personal data shall be processed without the consent of the data subjects.. Electricity Increase the average electricity retail price. Export – Import Plan for development of partnership between customs and enterprises in 2023. Pilot […]
In This Update Finance – Banking Must not have a non-performing loan ratio under 3% when purchasing debts. Environmental risk management in credit extension activities Levels of foreign currencies bought, transferred and carried abroad. Guidance on one-way money transfer abroad from Vietnam Tax – Fee – Charge 16 Vietnam’s Special Preferential Import and Export Tariffs […]
In This Update Information – Communications Directive No. 18/CT-TTg dated October 13, 2022 of the Prime Minister on strengthening the activities for responding to cyberinformation security incidents in Vietnam Finance – Banking Circular No. 16/2022/TT-NHNN dated November 30, 2022 of the State Bank of Vietnam providing for the depository and use of valuable papers at […]
In This Update Enterprise Plan to reorganize state-owned and state-invested enterprises in 2022-2025 Science – Technology Adjustments to a number of HS codes on the Lists of potentially unsafe products and goods Export – Import Suspend effect of Circular 31/2022/TT-BTC from December 01, 2022, to the end of December 29, 2022 Change Product Specific Rules […]
In This Update Labor – Salary 4 principles of implementation of the retirement later than the prescribed retirement ages Investment Drastically take solutions to promote public investment capital disbursement Requirements on making, appraisal of bidding dossiers for bidding packages on construction and installation Requirements on making and appraisal of bidding dossiers for bidding packages on […]
In This Update Labor – Salary Official Dispatch No. 5249/VPCP-KGVX dated August 16, 2022 of the Government Office regarding the settlement of the leave under the social insurance regime for employees with confirmed COVID-19 Investment 7 losses ineligible for indemnification in construction investment activities By the end of 2025, 100% of State corporations will apply […]