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Vietnam: How can capital contributions made past the time limit prescribed by Vietnam laws be settled?
  • BLawyers Vietnam
July 18 2023

When establishing an enterprise in Vietnam, individuals or organizations need to follow procedures prescribed by law. This article presents the provisions of Vietnamese law that address the time limit for charter capital contributions and the settlements when contributions to charter capital are made beyond the prescribed time limit.


Vietnam: Extending the deadline for SCT payment for automobiles manufactured or assembled locally
  • PwC Tax & Advisory Vietnam
July 18 2023

On 21 June 2023, the Government issued Decree 36/2023 to extend the special consumption tax payment deadline for locally manufactured or assembled automobiles, applicable for the tax period from June to September 2023. The Decree takes effect from the signing date to 31 December 2023.


Vietnam Tax Newsletter | June 2023
  • Grant Thornton Vietnam
July 08 2023

In this newsletter: Decision No. 575/QD-TCT stipulating the Risk Management Process for assessing and identifying taxpayers having risk signs in management, Official Letter No. 1483/TCT-KK of the General Department of Taxation about payment of tax according to the payable identity code, and other updates.


Vietnam: Domain name registration and trademarks
  • BLawyers Vietnam
July 08 2023

Does registering a domain name protect a trademark with elements associated with the domain name?


Vietnam: Specialized clinics, goods trading activities, and requirement for trading permits and an outlet licence.
  • BLawyers Vietnam
July 08 2023

When are a specialized clinic’s goods trading activities required to have a trading permit and an outlet license at the same time?


Vietnam Tax Alert - VAT Reduction
  • KPMG Vietnam
July 08 2023

Following the Resolution No. 101/2023/QH15, on 30 June 2023, the Government issued Decree 44/2023/ND-CP on VAT reduction. Accordingly, the VAT for goods and services which are currently subject to the tax rate of 10% is reduced to 8%, with certain exceptions, applicable from 01 July 2023 until 31 December 2023.


Vietnam: State Bank to lower interest rates
  • ADK Lawyers
July 08 2023

The State Bank of Vietnam (SBV) has just issued decisions to adjust interest rates in order to contribute to controlling inflation, stabilizing the macro economy, and the money market to strive to reduce interest rates lending to businesses and people, supporting economic growth recovery.


Vietnam: Additional conditions for registration of multi-level selling activities
  • ADK Lawyers
July 08 2023

On April 28, 2023, the Government has just issued Decree No. 18/2023/ND-CP amending and supplementing a number of articles of Decree No. 40/2018/ND-CP dated March 12, 2018 on operation management business by multi-level method.


Vietnam: Recent Changes to Regulations Governing Corporate Bonds Issued in Vietnam
  • RHTLaw Vietnam
July 07 2023

In response to the domestic market’s needs, Decree No. 08/2023/ND-CP aims to untie some knots for bond issuers with key changes governing corporate bonds, as discussed in this article.


Vietnam: KPMG Legal Update On Interest Rates, Reducing VAT, Reducing Land and Water Surface Rental
  • KPMG Legal Vietnam
July 06 2023

In this legal update: 1) Decisions regulating maximum short-term lending interest rate and interest rate for deposits in Vietnam Dong at credit institutions and foreign bank branches, Draft Decree on value added tax (VAT) reduction policy of 2%, and Draft Resolution on reducing land rental and water surface rental.


Vietnam Introduces a Reduced VAT Rate from 1 July 2023
  • DFDL Vietnam
July 06 2023

On 30 June 2023, the Government of Vietnam issued Decree No. 44/2023/ND-CP stipulating a reduction of the VAT rate by 2% (“Decree 44”). Decree 44 was issued to implement the VAT rate reduction policy passed by the National Assembly in accordance with Resolution No. 101/2023/QH15.


Mazars in Vietnam Newsletter - Tax & Legal Update - Issue June 2023
  • Mazars Vietnam
July 02 2023

In this update: 1) Official Letter 1789/TCT-TTKT on appealing review and handling of illegal invoices, 2) Reaching consensus on the scope of applying reduction of VAT rate to 8% according to Resolution 43/2022/QH15, and Official Letter 1586/TCT-CS issued by GDT dated 11 May 2023 guiding VAT declaration per the seller’s e-invoices.


Vietnam: Mazars Customs Alert in June 2023
  • Mazars Vietnam
July 02 2023

In this Mazars Customs Alert in June 2023, we highlight on Comments and suggestions from the General Department of Customs on Article 35 Decree No. 08/2015/ND-CP on customs procedure for on-spot import/export activities.


Vietnam: Should Foreign Investors Contribute Capital To Foreign Direct Investment (FDI) Enterprises In An Amount Denominated In A Foreign Currency Or In VND?
  • Venture North Law Firm
July 02 2023

It can be unclear whether foreign investors will be considered to have fully fulfilled their capital contribution since it is not clear which amount (Foreign or VND) should be used to determine if the FDI enterprise's charter capital has been fully contributed.


Vietnam: Three questions about the implementation of ESPP program for employees working at enterprises
  • BLawyers Vietnam
July 02 2023

In addition to an Employee Stock Ownership Plan (ESOP), joint stock companies in some countries are now applying a different long-term financial incentive program through share ownership for their employees called an Employee Stock Purchase Plan, also known as ESPP. In this article, BLawyers Vietnam presents information about ESPP and the regulations of Vietnamese labor law related to ESPP.


Vietnam: Environment Permits Under The Environment Protection Law 2020
  • Venture North Law Firm
July 02 2023

The Environment Permit is a new concept under the Environment Protection Law 2020, which consolidates most of the environment permits or licences under the previous environment laws into a single document to help monitor and record all the environmental aspects of an investment project.


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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