Legal Updates

On October 27, 2016, the Prime Minister signed the Decision No. 2044/QD-TTg on granting approval for policy framework 2016 (supplemented), policy framework 2017 and document of support program to respond to climate change (SP–RCC ) in period 2016 – 2020. Within that, the policy framework 2016 (supplemented) under the SP...

Client has intention to engage a legal consultant on advising and implementing the marriage registration with foreign elements in accordance with current Vietnam’s Laws. In which the parties in marriage need to satisfy the following general conditions: +         The man has reached the age of twenty or over, the woman...

Takes effect on July 01, 2017, the Law on property auction No. 01/2016/QH14 of the National Assembly prescribing that bidders must deposit 5% - 20% reserve price of the auctioned property instead of 1%-5% as in previous regulations. Also from July 01, 2017, lawyers, public notaries, bailiff, property management officers...

The persons subject to the tax rate of 22% specified in this Clause shall be subject to the tax rate of 20% shall applied onJanuary 01, 2016 is the content prescribed at the Decree No. 218/2013/ND-CP dated December 26, 2013 of the Government detailing and guiding the implementation of the Law on Enterprise Income Tax[...]

On April 28, the Ministry of Finance issued the Circular No. 56/2014/TT-BTC guiding the Government’s Decree No. 177/2013/ND-CP of November 14, 2013, detailing and guiding the implementation of a number of articles of the Law on Prices[...]

On December 19, 2014, the Prime Minister signed the Decision No. 73/2014/QD-TTg providing the list of wastes permitted for import from overseas for use as production materials. The List includes 36 wastes permitted for import from overseas for use as production materials. Within that gypsum; granulated slag (slag sand) from...

Some significant regulations of the Decree: - Construction costs of each project, construction, contract must be calculated correctly and sufficiently and appropriate for design requirements, technical instructions, construction conditions, market prices at that time, and the construction site. - Investors may hire cost management consultants who are qualified as prescribed in...

On December 31, 2013, the Ministry of Finance issued the Circular No. 220/2013/TT-BTC guiding the implementation of the Decree No. 71/2013/ND-CP of July 11, 2013, on investment of state capital in enterprises and financial management of enterprises of which 100% charter capital is held by the State[...]

Takes effect on December 03, 2015, the Circular No. 16/2015/TT-NHNN dated October 19, 2015 of the State Bank of Vietnam amending, supplementing a number of articles of the Circular No. 32/2013/TT-NHNN dated December 26, 2013 of the State Bank Governor guiding the implementation of regulations on restricting the use...

This is the content prescribed at the Decree No. 174/2016/ND-CP dated December 30, 2016 of the Government on detailing a number of articles of the Law on Accounting, takes effect on January 01, 2017. In particular, Accounting records; Detailed accounting books and overall accounting books; Financial statements; budget statements; consolidated...