Over the past period, state agencies, ministries, boards, and sectors have proactively and actively implemented the government's directives and management regarding strengthening access to credit, promoting effective and sustainable development in the corporate bond market (CBM) and real estate sector…

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mo.12STRICTLY HANDLE COMMERCIAL BANKS CAUSING DIFFICULTIES FOR REAL ESTATE BUSINESSES AND HOUSE BUYERS BORROWING CAPITAL
01-12-2023 1533 0
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mo.11NEW DECREE ON TRADING PETROLEUM: MORE FLEXIBLE IN PRICE MONITORING BUT MORE TIGHTENED IN PRICE STABILIZATION FUND MANAGING
24-11-2023 994 0Petroleum is an essential goods and plays an important role in production, business and consumption of enterprises and individuals; therefore, petroleum trading activities of traders are always strictly managed by the State to ensure the best harmony of interests of all parties. In the face of recent…

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mo.11BANKS ARE NOT ALLOWED TO BROKER INVESTMENT-LINKED INSURANCE POLICIES FOR CLIENTS WITHIN 60 DAYS BEFORE AND AFTER THE LOAN DISBURSEMENT
17-11-2023 1544 0Insurance plays an important role in the development of society, Recently, insurance activities and insurance products have also received the attention of many individuals and businesses. To contribute to promoting the healthy development of the insurance market as well as insurance businesses, on November…

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mo.11HANOI BUSINESS REGISTRATION OFFICE NOTES ON DECLARING THE PHONE NUMBER AND EMAIL ADDRESS OF ENTERPRISES
17-11-2023 3251 0On November 16, 2023, the Business Registration Department of the Hanoi Department of Planning and Investment issued Announcement No. 898/TB-ĐKKD ("Announcement 898") regarding the declaration of email addresses when carrying out business registration procedures. According to Announcement 898, organizations…

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mo.11On November 10, 2023, the Prime Minister issued Decision No. 1336/QD-TTg ("Decision 1336") approving the development strategy until 2030 and the vision until 2035, the business plan, and the investment plan for the period until 2025 of the State Capital Investment Corporation ("SCIC"). Here, ATA Legal…

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mo.11ENTERPRISES, NOT BANKS, ALLOWED TO CONTRIBUTE CAPITAL TO JOINT-VENTURE BANKS IN VIETNAM FROM DECEMBER 14, 2023
10-11-2023 1647 0On October 31, 2023, the Governor of the State Bank of Vietnam issued Circular No. 13/2023/TT-NHNN amending and supplementing certain provisions of Circulars regulating the issuance of licenses, organization, operations, and documentation, procedures, and approval processes for certain changes of commercial…

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mo.11MULTIPLE NEW REGULATIONS CREATE FAVOURABLE CONDITIONS FOR PROJECTS IN OBTAINING STATE INVESTMENT CREDIT FROM THE VIETNAM DEVELOPMENT BANK
10-11-2023 1523 0On November 7, 2023, the Prime Minister issued Decree No. 78/2023/ND-CP ("Decree 78") amending and supplementing several articles of Decree No. 32/2017/ND-CP on state investment credit ("Decree 32"). Accordingly, ATA Legal Services has updated the following contents: 1. To supplement more projects to…

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mo.11On November 12, 2018, the National Assembly of Vietnam passed Resolution No. 72/2018/QH14 on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into effect on January 14, 2019. According to this resolution, if a party imposes or maintains prohibitions or restrictions…

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mo.10NECESSARY AND SUFFICIENT CRITERIA TO DETERMINE SOME DEDUCTIBLE EXPENDITURES WHEN CALCULATING CORPORATE INCOME TAX
27-10-2023 1247 0On October 18, 2023, the General Department of Taxation issued Official Letter 4619/TCT-CS instructing the Khanh Hoa Department of Taxation on several issues on the tax obligations of enterprises ("Official Letter 4619"). Official Letter 4619 provides detailed guidance on the criteria for determining…

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mo.10To encourage small and medium enterprises (SMEs), the Government has established the Small and Medium Enterprise Development Fund ("the Fund") with the main function of providing loans and funding for innovative startups and SMEs participating in industry clusters and value chains. On October 4, 2023,…

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mo.09EXTENDING THE DISCIPLINARY PROCESSING PERIOD FOR STATE ENTERPRISE MANAGERS AND STATE CAPITAL REPRESENTATIVES UP TO 10 YEARS
22-09-2023 487 0On September 14, 2023, the Government issued Decree No. 69/2023/ND-CP ("Decree 69"), amending and supplementing certain provisions of Decree No. 159/2020/ND-CP dated December 31, 2020 ("Decree 159") regarding the management of individuals holding positions, titles, and representatives of state capital…

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mo.09INSURANCE ENTERPRISES CAN ONLY ACTIVELY ADJUST INSURANCE FEES FOR COMPULSORY INSURANCE TYPES WITHIN 25%
15-09-2023 1514 0Previously, detailed guidelines on compulsory motor vehicle owner's civil liability insurance, compulsory fire insurance and compulsory insurance in construction activities were stipulated by the Government in three separate Decrees including: Decree No. 03/2021/ND-CP issued on January 15, 2021 ("Decree…

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mo.09ENTERPRISES MAY RECORD EXPENSES AND MAKE VAT DEDUCTION FOR PURCHASES PAID BY INDIVIDUALS’ CREDIT CARDS
15-09-2023 1351 0According to Official Letter No. 62652/CTHN-TTHT dated 25/08/2023 responding to an enterprise's dispatch on tax policy when paying by personal credit card ("Official Letter 62652"), the Hanoi City Tax Department instructs that in case the enterprise authorizes an individual who is an employee of the…
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mo.09THE 2023 TAX SPECIALIZED INSPECTION PLAN FOCUSES ON MAJOR ENTERPRISES OPERATING IN REAL ESTATE AND CONSTRUCTION SECTORS
15-09-2023 2582 0Recently, the General Department of Taxation issued Decision 970/QD-TCT[1] on the tax inspection process with the aim of strengthening tax inspection on the basis of applying risk management mechanisms, applying information technology to tax inspection in order to detect, and prevent and promptly handle…

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mo.09MANY CHANGES IN PROCEDURES AND DOSSIERS FOR REGISTRATION OF INDUSTRIAL PROPERTY RIGHTS
08-09-2023 1224 0On August 23, 2023, the Government issued Decree No. 65/2023/ND-CP (“Decree 65”) to detail a number of articles and measures to implement the Intellectual Property Law (“Decree 65”) on industrial property, protection of industrial property rights, rights to plant varieties and state management of intellectual…