Legal Update 06/2022

In this update

Labor – Salary

Increase region-based minimum wage levels from July 01

Tax – Fee – Charge

Supplement expenditures for formulating 10-year administrative reform outlines.

Extend deadlines for VAT, EIT and PIT payment.

Adjust regulations on collection and use of charges for telecommunications operation right.

Investment

Approve the strategy on foreign investment cooperation in the 2021-2030 period.

Finance – Banking

By the end of 2025, potential non-performing loans will be less than 3%.

Allocate more than 92 thousand billion to implement 3 national target programs.

Interest rate support conditions applicable to loans related to labor and employment.

Export - Import

Instructions on using e-invoices for exported goods.

Handling on-spot export declarations without corresponding on-spot import declarations.

Transport

Change the method for declaring domestic air transport freight prices from July 15.

Amendment to dossiers of application for domestic shipping licenses.

Enterprise

Allocate up to 5% of the central budget to directly manage SME support activities.

Policy

Lend up to VND 10 million/student with difficult circumstances for purchasing computers.

Administration

Agree to withdraw the task of formulating a decree on “make in Vietnam”.

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