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Legal Updates

Newly issued regulations on special investment incentives

On October 6th, 2021, the Prime Minister issued Decision 29/2021/QD-TTg on special investment incentives. Decision

New Circular on financial management for implementation of the Intellectual Property Development Program to 2030

On September 9th, 2021, the Ministry of Finance issued Circular 75/2021/TT-BTC stipulating financial management for the implementation of the Intellectual Property Development Program to 2030 (the “Program”).  The state budget

Decision 27/2021/QD-TTg on the reduction of 30% of land rent in 2021

On September 25th, 2021, the Prime Minister issued Decision 27/2021/QD-TTg on the reduction of land rent in 2021 for those affected by the Covid-19 epidemic.  Subjects eligible for land rent

Formulating mechanism for financial technologies (Fintech) in the banking sector

The Government just issued the Resolution No. 100/NQ-CP dated September 6th, 2021 approving the proposal to develop a Decree on a controlled trial mechanism for financial technology (Fintech) activities in

New regulations on wholesale electricity prices for industrial clusters

According to the newly issued provisions of Circular 06/2021/TT-BCT amending Circular 16/2014/TT-BCT stipulating the electricity

Covid-19: Newly issued policies to support employers from the Unemployment Insurance Fund

On September 24th, 2021, the Government issued Resolution No. 116/NQ-CP on policies to support employees

Restructuring the debt term, exempting, reducing interest and fees, maintaining the classified debt type to assist customers affected by the Covid-19 epidemic

On September 7th, 2021, the State Bank of Vietnam issued Circular No. 14/2021/TT-NHNN (“Circular 14/2021/TT-NHNN”),

Regulations on the rate, collection, payment, management and use of fees in food safety

On August 5th, 2021, the Ministry of Finance issued Circular No. 67/2021/TT-BTC regarding the collection

New regulations on renovation and rebuilding of apartment buildings

On September 1st, 2021, Decree No. 69/2021/ND-CP, which was issued by the Government (“Decree 69/2021/ND-CP”)

Guidance on corporate income tax arrears not yet retrospectively collected from societalized entities

On August 17th, 2021, the Ministry of Finance issued Circular No. 71/2021/TT-BTC providing guidance on

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