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Legal Updates

Changing conditions for businesses to get a loan to pay salaries for work stoppage and restoring production

Resolution 126/NQ-CP, issued on October 8th, 2021, has adjusted the conditions for businesses to get

Criteria for identifying small and medium-sized enterprises taking effect from October 15th, 2021

From October 15th, 2021, Decree 80/2021/ND-CP guiding the Law on Supporting Small and Medium Enterprises will officially take effect. Accordingly, the criteria for identifying small and medium-sized enterprises (besides micro

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 No. 29/2021/QD-TTg clearly stipulates special investment incentives on Corporate income tax rate; corporate income tax

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

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

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

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