In this newsletter: New regulations on credit institutions, the deadline for reporting on foreign labour and other legal instruments.

• 19 November 2023

On 23 August 2023, the State Bank of Vietnam issued Circular No. 10/2023/TTNHNN suspending the enforcement of certain provisions of Circular No. 39/2016/TT-NHNN, which was itself amended and supplemented by Circular No. 06/2023/TT-NHNN (Circular 06). Accordingly, the SBV has suspended the enforcement of clauses 8, 9, and 10 of article 8 of Circular 06 concerning non-eligible loan capital.

• 19 November 2023

In this update: Value Added Tax, 2. Corporate Income Tax, 3. Personal Income Tax, 4. Foreign Contractor Tax, 5. Decision 25/2023/QD-TTg dated 3 October 2023 of the Prime Minister on reducing land rental fee in 2023

• 19 November 2023

In the face of globalisation, groups of companies operating internationally often find themselves with complex corporate structures. Therefore, intra-group restructuring may need to take place to improve administrative, operational, and economic efficiency.

• 19 November 2023

After 18 years since the first Law on E-Transactions was adopted paving the way for technology development in Vietnam, the National Assembly passed the new Law on E-Transactions No. 20/2023/QH15 in June 2023. This new Law on E-Transactions will supersede the existing law from 1 July 2024 and aims at addressing inadequacies under the current legal framework and promoting digitalization in Vietnam.

• 19 November 2023

On 18 September 2023, the Government promulgated Decree No. 70/2023/ND-CP which took effect on the same day. This Decree brought about a number of significant amendments to Decree No. 152/2020/ND-CP, which governed the recruitment of foreign employees in Vietnam. Please visit RHTLaw's Legal Updates here for notable details about this new Decree

• 19 November 2023

1 GOVERNMENT ------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- No: 80/2023/NĐ-CP Hanoi, 17 November 2023 DECREE ON AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES OF DECREE NO. 95/2021/ND-CP DATED 01 NOVEMBER 2021 AND DECREE NO. 83/2014/ND-CP DATED 03 SEPTEMBER 2014 OF THE GOVERNMENT ON PETROLEUM TRADING Pursuant to the Law on Governm

• 17 November 2023

The latest draft regulations dealing with allocation of sea areas for marine resource exploitation and use are of keen interest to the many potential investors in Vietnam's nascent offshore wind power industry. In this Insight, we analyse important changes to Decree 11 in relation to sea use rights.

• 17 November 2023

On 28 July 2023, the State Bank of Vietnam introduced Circular No. 09/2023/TTNHNN (Circular 09), which came into force on 27 July 2023. Circular 09 guides the implementation of Vietnam's recent Law on Anti-Money Laundering, passed in 2022. This article looks at the recent legislation. AML Law). C

• 17 November 2023

Vietnam's construction, architecture, and real estate sectors are poised for transformation with the implementation of Decree 35/2023/ND-CP dated 20/6/2023. In this article, we delve into the key provisions of Decree 35 and their implications for the development of the construction, architecture, and real estate sectors in Vietnam.

• 17 November 2023