Legal updated

CONDITIONS FOR SHIFTING INDUSTRIAL PARKS TO DEVELOP URBAN-SERVICE ZONES

04/07/2022 - INDUSTRY

The Government promulgates the Decree No. 35/2022/ND-CP on prescribing the management of industrial parks and economic zones on May 28, 2022.

2023 OVERSIGHT PROGRAM OF THE NATIONAL ASSEMBLY

04/07/2022 - SECURITIES

On June 06, 2022, the National Assembly promulgates the Resolution No. 47/2022/QH15 on the 2023 oversight program of the National Assembly.

FROM AUGUST 15, DA NANG PEOPLE’S COMMITTEE MAY NOT APPROVE AN ADJUSTMENT OF UP TO 10% OF AN INDUSTRIAL PARK AREA

04/07/2022 - SECURITIES

This content is prescribed in the Decree No. 40/2022/ND-CP dated June 20, 2022 of the Government on amending and supplementing a number of articles of the Government’s Decree No. 144/2016/ND-CP dated November 01, 2016 pr...

FROM JULY 20, PROVIDE UP TO USD 25,000/PERSON/YEAR OF TUITION FEES FOR LECTURERS SENT ABROAD FOR DOCTORAL TRAINING

04/07/2022 - EDUCATION – TRAINING – VOCATION

On June 03, 2022, the Ministry of Finance issues the Circular No. 30/2022/TT-BTC on guiding the financial mechanism for implementation of the Scheme on improving the capacity of lecturers and administrators of higher edu...

CASES WHERE ORIGIN DECLARATIONS ARE NOT HONORED

04/07/2022 - COMMERCE

According to the Ministry of Industry and Trade’s Circular No. 10/2022/TT-BCT dated June 01, 2022, amending and supplementing Circulars on the implementation of the Rules of Origin under the ASEAN Trade in Goods Agreemen...

DEPOSITS ELIGIBLE FOR PREMATURE WITHDRAWAL AT CREDIT INSTITUTIONS

04/07/2022 - FINANCE - BANKING

On June 16, 2022, the State Bank of Vietnam promulgates the Circular No. 04/2022/TT-NHNN providing for the application of interest rates upon premature withdrawal of deposits from credit institutions and foreign bank bra...

GUIDELINES FOR INVOICING FOR VAT REDUCTION

04/07/2022 - TAX – FEE - CHARGE

The Decree No. 41/2022/ND-CP amending and supplementing a number of articles of the Government's Decree No. 123/2020/ND-CP dated October 19, 2020, on invoices and documents and the Government's Decree No. 15/2022/ND-CP d...

AMENDMENT TO DOSSIERS OF APPLICATION FOR DOMESTIC SHIPPING LICENSES

27/06/2022 - TRANSPORT

On June 16, 2022, the Ministry of Transport issues the Circular No. 08/2022/TT-BGTVT on amending and supplementing a number of articles of Circulars related to business activities in the maritime sector.

INCREASE REGION-BASED MINIMUM WAGE LEVELS FROM JULY 01

27/06/2022 - LABOR - SALARY

The Decree No. 38/2022/ND-CP prescribing region-based minimum wage levels applicable to employees working under labor contracts is issued on June 12, 2022 by the Government.

ADJUST REGULATIONS ON COLLECTION AND USE OF CHARGES FOR TELECOMMUNICATIONS OPERATION RIGHT

27/06/2022 - TAX – FEE - CHARGE

On June 09, 2022, the Ministry of Finance issues the Circular No. 32/2022/TT-BTC amending and supplementing a number of articles of the Ministry Finance’s Circular No. 273/2016/TT-BTC dated November 14, 2016, on defining...

SUPPLEMENT EXPENDITURES FOR FORMULATING 10-YEAR ADMINISTRATIVE REFORM OUTLINES

27/06/2022 - TAX – FEE - CHARGE

This content is prescribed in the Ministry of Finance’s Circular No. 33/2022/TT-BTC dated June 09, 2022, amending and supplementing a number of articles of the Minister of Finance's Circular No. 26/2019/TT-BTC dated May...

CHANGE THE METHOD FOR DECLARING DOMESTIC AIR TRANSPORT FREIGHT PRICES FROM JULY 15

20/06/2022 - TRANSPORT

On May 27, 2022, the Ministry of Transport issues the Circular No. 06/2022/TT-BGTVT amending and supplementing a number of articles of the Minister of Transport’s Circular No. 36/2015/TT-BGTVT dated July 24, 2015, on man...

HANDLING ON-SPOT EXPORT DECLARATIONS WITHOUT CORRESPONDING ON-SPOT IMPORT DECLARATIONS

20/06/2022 - EXPORT – IMPORT

The General Department of Customs promulgates the Official Dispatch No. 2011/TCHQ-GSQL on handling on-spot export declarations without the corresponding on-spot import declarations on June 01, 2022.

INSTRUCTIONS ON USING E-INVOICES FOR EXPORTED GOODS

20/06/2022 - EXPORT – IMPORT

The Official Dispatch No. 2054/TCHQ-GSQL regarding the use of e-invoices for exported goods is issued on June 03, 2022 by the General Department of Customs.

BY THE END OF 2025, POTENTIAL NON-PERFORMING LOANS WILL BE LESS THAN 3%

20/06/2022 - FINANCE - BANKING

This noticeable content is prescribed in the Prime Minister’s Decision No. 689/QD-TTg dated June 08, 2022, approving the Scheme on "Restructuring the credit institution system associated with handling of non-performing l...