Legal updated

TO POSTPONE OPERATIONS OF SERVICE AND TRADING FACILITIES FROM MARCH 28 UNTIL APRIL 15

07/04/2020 - JUSTICE

This noticeable content is prescribed in the Directive No. 15/CT-TTg dated March 27, 2020 on drastically implementing the prevention and control of the COVID-19 outbreak by the Prime Minister.

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ENTERPRISES WITH TRADED VALUE FROM VND 1,000 BILLION BEFORE ECONOMIC CONCENTRATION MUST NOTIFY

07/04/2020 - TAX – FEE - CHARGE

On March 24, 2020, the Government promulgates the Decree No. 35/2020/ND-CP on detailing a number of Articles of the Competition Law.

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TO AMEND AND SUPPLEMENT THE CIRCULAR NO. 03/2019/TT-BCT ON THE RULE OF ORIGIN

07/04/2020 - COMMERCE

The Ministry of Industry and Trade promulgates the Circular No. 06/2020/TT-BCT on amending and supplementing a number of Articles of the Circular No. 03/2019/TT-BCT dated January 22, 2019 of the

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TO REDUCE THE MAXIMUM INTEREST RATE FOR TERM FROM 1-6 MONTHS TO 4.75%/YEAR

07/04/2020 - FINANCE - BANKING

On March 16, 2020, the State Bank of Vietnam issues the Decisions No. 419/QD-NHNN on the maximum interest rate applicable to VND deposits of organizations and individuals at credit institutions and

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FROM MARCH 17, 2020, TO AMEND THE INTEREST OF DEPOSIT OF REQUIRED RESERVES IN THE STATE BANK OF VIETNAM

07/04/2020 - FINANCE - BANKING

The Governor of the State Bank of Vietnam issues the Decision No. 421/QD-NHNN on interest of deposit of required reserves and deposit of required reserves extension of credit institutions, foreign bank

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FROM APRIL 01, TO PILOT IMPLEMENTATION ON LABOR MANAGEMENT AND WAGE IN 3 ECONOMIC GROUPS AND CORPORATION

07/04/2020 - ENTERPRISE

On February 17, 2020, the Government issues the Decree No. 20/2020/ND-CP on pilot implementation of labor management, wage and bonus for a number of economic groups and state corporations.

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FROM APRIL 25, ELECTRICITY PRICES APPLICABLE TO COMBINED HEAT-POWER PROJECTS RAISE UP TO VND 1,634/KWH

28/03/2020 - INDUSTRY

On March 05, 2020, the Prime Minister promulgates the Decision No. 08/2020/QD-TTg on amending and supplementing a number of Articles of the Prime Minister’s Decision No. 24/2014/QD-TTg of March

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TO SUSPEND THE ISSUANCE OF WORK PERMITS TO FOREIGN WORKERS FROM COVID-19 AFFECTED AREAS

28/03/2020 - SECURITIES

On March 10, 2020, the Government issues the Resolution No. 28/NQ-CP on the Government’s regular meeting on February 2020.

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TO EXEMPT PRICE OF 06 SERVICES IN THE SECURITIES SECTOR UNTIL AUGUST 31, 2020

28/03/2020 - SECURITIES

On March 18, 2020, the Ministry of Finance issues the Circular No. 14/2020/TT-BTC on amend and supplement a number of Articles of the Circular No. 127/2018/TT-BTC on prescribing prices of services in

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FROM MAY 02, PERSON BUYING AUCTIONED PROPERTY MUST MAKE A PAYMENT WITHIN 30 DAYS

28/03/2020 - CIVIL

This new provision is stipulated by the Government in the Decree No. 33/2020/ND-CP dated March 17, 2020 on amending and supplementing a number of Articles of the Decree No. 62/2015/ND-CP on

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VIETNAMESE STUDENT IN INTERNATIONAL SCHOOL MUST STUDY VIETNAMESE LANGUAGE AT LEAST 70 MINUTES/WEEK

28/03/2020 - EDUCATION – TRAINING – VOCATION

On March 18, 2020, the Ministry of Education and Training issues the Circular No. 04/2020/TT-BGDDT on detailing a number of Articles of the Decree No. 86/2018/ND-CP on foreign cooperation and

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FROM MARCH 16, RECALLED DRUGS OF UNKNOWN ORIGIN SHALL BE DESTROYED

28/03/2020 - MEDICAL – HEALTH

On January 22, 2020, the Minister of Health issues the Circular No. 03/2020/TT-BYT on amending and supplementing a number of Article of the Circular No. 11/2018/TT-BYT dated May 04, 2018 of the

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TO SUPPLEMENTS CASES OF REFUSAL THE APPLICATION FOR EXAMINING EXPORTED AND IMPORTED GOODS

28/03/2020 - EXPORT – IMPORT

On March 03, 2020, the Minister of Finance promulgates the Circular No. 13/2020/TT-BTC on amending and supplementing a number of Articles of the Circular No. 13/2015/TT-BTC dated January 30,

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MAXIMUM INTEREST OF CALL RATE APPLICABLE TO VND DEPOSITS OF PEOPLES CREDIT FUND IS 6,5% PER ANNUM

28/03/2020 - FINANCE - BANKING

On March 16, 2020, the State Bank of Vietnam issues the Decision No. 420/QD-NHNN on maximum interest of call rate applicable to VND deposits at credit institutions, foreign bank branches for

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FROM APRIL 17, ASSESSMENT FEE FOR GRANT OF THE SOLAR POWER PLANT’S OPERATING LICENSE IS UP TO VND 28.8 MILLION

28/03/2020 - TAX – FEE - CHARGE

On March 03, 2020, the Ministry of Finance promulgates the Circular No. 12/2020/TT-BTC on amending and supplementing Section II, Part A of the Schedule of fees issued together with the Circular No.

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