On 31 October 2023, the State Bank of Vietnam issued Circular 13 delineating a number of significant changes to the regulatory framework of licensing, organization and operations of commercial banks in Vietnam, including news that enterprises which are not banks will have an opportunity to hold capital in joint venture banks in Vietnam.

• 28 December 2023

1 DECREE ON REGULATIONS ON THE PREVENTION AND COMBAT OF COUNTERFEIT MONEY AND PROTECTION OF VIETNAMESE CURRENCY Chapter I .................................................................................................................................................. 3 GENERAL PROVISIONS ........................................................................................................

• 08 December 2023

This technical update covers the guidance on corporate bonds amid the financial distress, namely Decree No. 08/2023/ND-CP regulating regulations on corporate bonds. The Decree was promulgated as the government’s solution to help domestic real estate companies facing tight cash flow pressures.

• 27 December 2023

Starting 1 December 2023, transactions with the minimum value of 400,000,000 Vietnamese Dong will require reporting to the State Bank. This article delves into the key aspects of Law No. 14/2022/QH15 on Anti-Money Laundering, Decision No. 11/2023/QD-TTG and Circular No. 09/2023/TT-NHNN.

• 24 December 2023

1 MINISTRY OF HEALTH ------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- No: 23/2023/TT-BYT Hanoi, 30 November 2023 CIRCULAR ON AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES IN CIRCULAR NO. 01/2018/TT-BYT DATED 18 JANUARY 2018 OF THE MINISTER OF HEALTH REGULATING THE LABELLING OF DRUGS, MEDICINAL INGREDIENTS AND DRUG USE INSTRUCTION SHEETS Pu

• 30 November 2023

The Ministry of Finance of Vietnam hosted a seminar on 19 October 2023 to kick off a project that was an essential step in the development of a carbon credit trading market in the nation. The initiative, with significant potential to benefit both the environment and the economy, stands ready to revolutionise Vietnam's stance on carbon emissions and sustainability.

• 20 December 2023

1 GOVERNMENT -------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- No: 83/2023/NĐ-CP Ha Noi, 29 November 2023 DECREE AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES OF GOVERNMENT DECREE NO. 95/2018/ND-CP DATED 30 JUNE 2018 REGULATING THE ISSUANCE, REGISTRATION, DEPOSITORY, LISTING AND TRADING OF GOVERNMENT DEBT INSTRUMENTS ON THE STOCK MARKET

• 29 November 2023

Further to our NewsBrief on 1 August regarding the draft Resolution on Global Minimum Tax policy in Vietnam issued for public consultation, the National Assembly approved this Resolution on 29 November. The Resolution takes effect from 1 January 2024.

• 18 December 2023

This Alert is to update about the Top-up Corporate Income Tax and Investment Support per Resolutions passed by the National Assembly on 29 November 2023.

• 15 December 2023

This Alert is to provide the latest development on the on-the-spot (OTS) export and import transaction in Vietnam as of 2023.

• 15 December 2023