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What's New

11 Aug 2020 + Circular 74 reducing road use fees, 10 August
7 Aug 2020 + Decision 2172 with standard form reports on foreign invested educational institutions, 3 August
5 Aug 2020 + Decree 88 with regulations for implementation of Law 84 on Occupational Safety and Hygiene regarding compulsory insurance for labour [or work-related] accidents and occupational disease, 28 July
31 Jul 2020 + Circular 18 regulating solar power project development with the standard form power purchase agreements [PPAs] for solar power projects, 17 July
28 Jul 2020 + Law 59 on Enterprises (to take effect 1 January 2021), 17 June
+ Law 65 on Residential Housing dated 25 November 2014 as amended by the Law on Investment and the Law amending the Law on Construction, 17 June
+ Decision 1109 allocating drafting co-ordinators for legal instruments to implement the Laws recently passed in June, 24 July
24 Jul 2020 + Decree 85 providing detailed regulations for implementation of Law 40 on Architecture (which took effect 1 July 2020), 17 July
+ Law 62 amending the Law on Construction, 17 June
22 Jul 2020 + Decree 80 on management and use of non refundable aid not being official development aid, of foreign entities for Vietnam, 8 July
21 Jul 2020 + Law 61 on Investment (to take effect 1 January 2021), 17 June
20 Jul 2020 + Law 14 on Law on Corporate Income Tax dated 3 June 2008 as further amended 17 June
17 Jul 2020 + Circular 14 regulating a number of items during bidding for medical equipment at public health facilities, 10 July
+ Law 66 on Real Estate Business dated 25 November 2014 as amended 17 June
16 Jul 2020 + Decree 163 dated 4 December 2018 regulating issuance of enterprise [corporate] bonds, as amended 9 July
14 Jul 2020 + Law 64 on Public Private Partnership (PPP) Investment Form, 18 June
+ Decision 999 allocating drafting co-ordinators and setting deadlines for submitting law projects for the amended 2020 legislative program and for the 2021 legislative program, 11 July
8 Jul 2020 + Decree 70 reducing by 50% registration fees on domestically manufactured and assembled automobiles until the end of 31 December 2020, 28 June
+ Circular 60 repealing legal instruments issued by the Minister of Finance in the corporate finance sector, 19 June
7 Jul 2020 + Decree 20 dated 24 February 2017 regulating tax management of enterprises with related transactions [transfer pricing] as amended 24 June
+ Draft Law on Public Private Partnership (PPP) Investment Form submitted to the National Assembly in June [now awaiting final text of the Law as passed], June
6 Jul 2020 + Decree 75 providing detailed regulations on Law 51/2019/QH14 Amending Law 47/2014/QH13 on Entry, Exit, Transit and Residence of Foreigners in Vietnam, 1 July
19 Jun 2020 + Decision 18 on establishment of prohibited and restricted flight zones for unmanned aircraft and ultralight aircraft, 10 June
+ Decree 68 dated 25 May 2017 regulating management and development of industrial clusters, as amended 11 June
+ Decision 839 approving the investment policy for the project to construct the My Thuan-Can Tho Freeway Phase 1, 16 June
18 Jun 2020 + Decree 65 regulating management of and the regime on accommodation for people awaiting expulsion from Vietnam, 10 June
+ Circular 49 regulating the amount and payment of fees for registration of security transactions, 1 June
+ Decree 23 on management of riverbed sand and gravel, and protection of riverbed, riverbanks and floodplains, 24 February
12 Jun 2020 + Draft Decree implementing the Labour Code on resolution of labour disputes, June
9 Jun 2020 + Resolution 944 amending the Legislative Program for year 2020, 19 May
8 Jun 2020 + Resolution 954 setting the deduction for family circumstances [dependants] applicable to each taxpayer at 11 million VND/month and the deduction for each dependent at 4.4 million VND/month, 2 June
+ Resolution 84 on continued reduction of difficulties for production and business, on disbursement of public investment capital, and ensuring public order and safety in the context of COVID 19, 29 May
3 Jun 2020 + Decree 28 dated 12 March 2015 with detailed regulations for implementation of Law 38 on Employment regarding unemployment [job loss] insurance, as amended 29 May
1 Jun 2020 + Decree 58 regulating the compulsory social insurance premium rate [0.5% of the salary fund or 0.3% in special cases] payable to the Insurance Fund for Labour Accidents and Occupational Disease, 27 May
+ Latest Draft Law on Enterprises (Amended), 10 March
28 May 2020 + Resolution 75 dealing with difficulties in a number of investment projects of [State owned] enterprises for which the Committee for Management of State Capital at Enterprises (CMCS) acts as owner's representative, 21 May
+ Decision 649 approving the project investment policy for construction of the coastal road section Hoang Hoa – Sam Son and the section Quang Xuong – Tinh Gia in Thanh Hoa province in the PPP form, BOT contract, 18 May
+ Circular 11 of the Ministry of Information and Communications with the List of products capable of causing a loss of safety with Appendix 1 (Products requiring both certification and announcement of conformity with technical regulations) and Appendix 2 ((Products requiring only announcement of conformity), 14 May
22 May 2020 + Draft Decree on Labour Outsourcing (to replace the current Decree 29 dated 20 March 2019), May
21 May 2020 + Decree 54 amending Decree 127/2015/ND-CP regulating inspections in the industry and trade sector, 18 May
+ Circular 31 regulating the amount and payment of fees for industrial property, 4 May
+ Circular 30 regulating implementation of compulsory reserves of credit institutions and foreign bank branches, 27 December 2019
18 May 2020 + Decision 918 reducing the State Bank refinancing interest rate to 4.5%, discount interest rate to 3% and repo rate to 5.5%, 12 May
+ Decision 919 reducing the maximum interest rates chargeable by banks for raising VND deposits to 0.2% for on-call deposits and term deposits of under one month, and to 4.25% for term deposits of one month up to below 6 months, 12 May
+ Decision 920 reducing to 5% the maximum VND short-term lending interest rate chargeable by banks to borrowers for capital requirements in certain economic sectors and industries, 12 May
+ Draft Decree on issuance of enterprise bonds (noting changes as compared to the current Decree 163/2018/ND-CP), May
+ Circular 33 regulating the amount and payment of fees for licences to establish and operate banks and non-banking credit institutions, 5 May
+ Circular 34 regulating the amount and payment of fees in the construction sector, 5 May
+ Circular 35 regulating the amount and payment of fees for evaluation for a licence for international travel services, for domestic travel services, and for evaluation of tour guides, 5 May
13 May 2020 + Circular 37 providing a 50% reduction of most fees in the securities sector (with the full Tariff from the earlier Circular 272), 7 May
12 May 2020 + Latest Draft Law on Public Private Partnership [due to be passed later this month], noting changes as compared to the previous draft, April
11 May 2020 + Decree 53 on environmental protection charges payable on waste water, 5 May
8 May 2020 + Draft Circular regulating project development and standard form power purchase agreements [PPA] for solar power projects, April
+ Circular 22 stipulating prudential ratios and limits in activities of banks and foreign bank branches, 15 November 2019
6 May 2020 + Draft Decree regulating recruitment and management of Vietnamese working for foreign organizations in Vietnam, with the standard form 6-monthly and annual report to be provided by foreign employers, May
5 May 2020 + Resolution 58 with the Government's Action Plan for implementing Resolution 50 of the Politburo regarding foreign cooperation and investment until Year 2030, 27 April
29 Apr 2020 + Decree 52 regulating investment in construction and commercial operation of golf courses, 27 April
28 Apr 2020 + Decision 15 of the Prime Minister with policies assisting the citizens with difficulties due to the Covid 19 epidemic, 24 April
27 Apr 2020 + Decree 33 amending Decree 62 dated 18 July 2015 implementing the Law on Enforcement of Civil Judgments, 17 March
24 Apr 2020 + Draft Resolution of the Government with solutions for reducing difficulties for business and for promoting disbursement of public investment capital in the context of the Covi-19 epidemic, 20 April
21 Apr 2020 + Decree 48 amending Decree 36/2016/ND-CP implementing Law 90 on Hydro-Meteorology (with the list of engineering works required to conduct hydro-meteorological monitoring such as harbours, bridges, freeways, television and radio broadcasting towers, cable cars, reservoirs, airports etc.), 15 April
20 Apr 2020 + Decision 14 with Regulations on co ordination during resolution of international investment disputes, 8 April
14 Apr 2020 + Official Letter 2491 proposing extension of the current FIT (feed-in-tariff) price mechanism for wind power, 9 April

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