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Updates

Drones Regulatory Framework in Vietnam – Top 5 Key Q&As
  • DFDL Vietnam
October 05 2021

This Vietnam Drones guide focuses on Vietnam and details the current regulatory framework mainly centered on Decree No. 36/2008/ND-CP dated 28 March 2008 which provides details on the management of unmanned aircraft and ultralight aircraft.


Vietnam Updates from ADK - Vol. 20: Decree No. 85/2021/ND-CP amending, supplementing a number of article of Decree No. 52/2013/ND-CP dated in May 16, 2013 on E-Commerce
  • ADK Lawyers
October 04 2021

In this update: 1) Ministry of Industry and Trade will consider the transition of wind power projects, 2) Amending, supplementing a number of article on e-commerce, 3) Circular 78/2021/TT-BTC on e-invoices and Ho Chi Minh City will apply new e-invoices from November 1, 2021.


Vietnam Weekly Update - 4 October 2021
Cập Nhật Hàng Tuần Việt Nam - 4 Thang 10 2021
  • BLawyers Vietnam
October 03 2021

In this week’s update: 1) Tax policy for importing goods for processing but no manufacturing or processing facilities, 2) Guidance on the tax policy applied to transfer of profit abroad; and 3) Amending and supplementing a number of articles of the Government's Decree No. 52/2013/ND-CP on e-commerce.


Economic Concentration in Vietnam
  • Indochine Counsel
September 27 2021

Vietnam Weekly Update - 27 September 2021
Cập Nhật Hàng Tuần Việt Nam - 27 Thang 9 2021
  • BLawyers Vietnam
September 27 2021

In this week’s update: 1) Increasing charter capital from profits after-tax, 2) Revenue and income from business cooperation contract ; and 3) Guidance on the use of goods invoices.


Vietnam Legal Update - Personal Data Protection
  • EY Vietnam
September 15 2021

This Legal Update covers: Clearer definition of personal data, form of the consent required of personal data subject, notification requirement, processing sensitive personal data, cross-border personal data transfer, obligations of developing internal personal data protection regulations, and administrative penalty.


Use of Khmer Language and Currency in Financials and Onsite Inspections
  • DFDL Cambodia
September 15 2021

September 2021 has seen the issuance of Circular 009 on the Usage of Khmer Language and Currency in Accounting Records and Financial Statements (“Circular 009”) and Notification No. 355 on Inspection Visits and Implementation of Interim Fines for Violations of Law on Accounting and Audit (“Notification 355”).


Vietnam Weekly Update - 13 September 2021
Cập Nhật Hàng Tuần Việt Nam - 13 Thang 9 2021
  • BLawyers Vietnam
September 14 2021

In this week's legal update: The announcement of annulled administrative procedures in the field of establishment and operation of social enterprises; Applying temporary anti-dumping tax on certain polyester fiber products; and VAT calculation price for property rental activities.


Vietnam Update: Guidance on corporate income tax arrears not yet retrospectively collected from societalized entities
  • Apolat Legal
September 12 2021

In this issue: The new circular on the List of machinery, equipment and vehicle of transport that can be produced domestically, Guidance on corporate income tax arrears not yet retrospectively collected from societalized entities.


Conditions For Enjoying Tax Incentives Of FDI Enterprises
  • ADK Lawyers
September 12 2021

According to Article 15.2 of the Law on Investment 2020 to enjoy investment incentives in general and tax incentives in particular, FDI enterprises (foreign direct investment) need to meet certain conditions.


Placement of Devices to Measure Volumes of Beer and Non-Alcoholic Beverages to Comply with New GDT Instruction
  • DFDL Cambodia
September 12 2021

On 8 September 2021, the General Department of Taxation (“GDT”) issued Instruction No. 15024 on the obligation to install devices to measure the volume of beer and/or non-alcoholic beverages on the sites of local beverage producing enterprises.


Some Notes On Consumers’ Rights Protection
  • ADK Lawyers
September 09 2021

In this update: What acts are prohibited by organizations or individuals trading in goods and services, and Responsibilities of organizations or individuals trading in goods and services.


Updated list of domestically manufactured goods - effective from October 2021
  • PwC Legal Vietnam
September 08 2021

The Ministry of Planning and Investment issued Circular 05 setting out the machinery, equipment, spare-parts, means of transport for special usage, raw materials, supplies, and semi-finished products that can be produced domestically. This list is the basis for companies to access the duty-exemption and not-subject-to-VAT schemes applicable to goods which are not yet manufactured in Vietnam.


A Year of Legal Developments in Vietnam
  • Indochine Counsel
September 07 2021

The past 12 months have seen a slew of changes to Vietnam’s laws. There have been some major developments that affect investors and businesses as well as employment relationships.


Vietnam Weekly Update - 6 September 2021
Cập Nhật Hàng Tuần Việt Nam - 6 Thang 9 2021
  • BLawyers Vietnam
September 06 2021

In this update: Implementing the plan to support electricity bill reduction and electricity price reduction for electricity users, Guidance on the application of PIT on mid-shift meal payment for employees; and VAT rates.


Inextricably Linked: Immigration, Employment Law and Personal Tax
  • PwC Legal Vietnam
September 06 2021

COVID-19 continues to present significant challenges around the world and the disruption continues to evolve. During this pandemic, apart from the wellbeing impact that COVID-19 has on workforces, employment tax and legal implications, as well as immigration related matters due to restrictions on the people’s mobility can be complex. What are the tax, labour, immigration considerations when an individual is relocating to Vietnam for an assignment or when an individual is repatriating from Vietnam? What about employees who are stranded in or outside Vietnam.


Thailand: Relief Measures for Member of the Public Affected by the Thai Government’s COVID-19 Lockdown Measures
  • DFDL Thailand
September 06 2021

On 20 July and 10 August 2021, the Thai cabinet passed new resolutions granting relief measures to members of the public living in red zones in 29 provinces (including Bangkok) who have been particularly affected by government lockdown measures aimed at containing and reducing cases of COVID-19 infection.


Raising operating capital of a general finance company
  • Venture North Law Firm
September 04 2021

Under the Credit Institutions Law 2010, a finance company is permitted to raise operating capital under various forms provided that such forms of capital raising are clearly specified in the finance company’s establishment and operation license.


Foreign governing law for contracts between foreign-owned companies in Vietnam
  • Venture North Law Firm
September 04 2021

For contracts between a foreign-owned company (i.e., companies which are owned and controlled by foreign investors) and other companies in Vietnam, the default position is that Vietnamese law is the governing law. However, there are certain arguments or mechanisms to allow the parties to choose foreign governing law.


Features

Legal Terms Bilingual Index

Important Vietnamese legal terms can be looked up, with the corresponding term in the other language presented (Vietnamese <-> English). Very helpful resource for those professionals working in both languages

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