Enterprises

In the fast-paced economy, competition among countries in attracting foreign investment in the post-COVID-19 period is increasingly fierce, however, the management of foreign investment activities in Vietnam still remains inadequate and inconsistent. To overcome these shortcomings, in order to improve…

The National Technology Innovation Fund (“Fund”) is an off-budget state financial fund directly under the Ministry of Science and Technology, operating not for profit, performing the function of giving preferential loans, supporting loan interest rates, loan guarantees, and capital support in the form…

On May 15, 2023, the Prime Minister signed Decision No. 500/QD-TTg approving the National Electricity Development Plan for the period of 2021 - 2030, with a vision to 2050 (“Power Plan VIII”). Power Plan VIII sets the goal of firmly ensuring national energy security, meeting the requirements of socio-economic…

According to Decree 31/2021/ND-CP guiding the Law on Investment, transferring technology projects on the list of transferring encouraged technologies will be applied investment incentives when obtaining the transferring encouraged technology certificate. In order to implement this regulation, on May…

On April 28, 2023, the Government issued the Decree 18/2023/ND-CP (“Decree 18”), amending and supplementing the Decree 40/2018/ND-CP on managing multi-level marketing businesses. Accordingly, ATA Legal Services would like to summarise the outstanding modifications as follows: Criteria Provision The…

On April 28, 2023, the Government issued Decree 19/2023/ND-CP detailing a number of articles of the 2022 Law on Anti-Money Laundering ("Decree 19") replacing Decree 116/2013/ND-CP ("Decree 116"). Decree 19 introduces many new regulations in the implementation of anti-money laundering measures. As follows:…

Recently, according to the statistics on the tax management system (TMS), the tax arrears (tax payment, land rental) in the first quarter of 2023 has increased compared to that of the end of 2022. Accordingly, in order to reduce tax debts, on April 24, 2023, the General Department of Taxation issued…

Nowadays, the registration of business households is carried out according to the guidance in Decree 01/2021/ND-CP ("Decree 01") on business registration.  However, the contents of the Decree are still quite general, and there is no common system to implement procedures as business registration for…

Extension of time limit for payment in the fiscal year for 04 types of taxes, financial obligations include: (i) value-added tax; (ii) corporate income tax; (iii) personal income tax; and (iv) land rent (hereinafter referred to as "Tax") is one of the solutions to minimize difficulties and support businesses…

In the context of digital technology, electronic transactions are on the throne, our information, images, personal data more than ever, are always likely to be used and exploited for purposes that are inconsistent with our needs, leading to serious consequences. Therefore, the protection of personal…

On April 12, 2023, the Prime Minister issued Decision No. 09/2023/QD-TTg ("Decision 09") regulating the order, procedures, authority, issuance, and management of APEC Business Travel Cards, replacing Decision 45/2006/QD-TTg ("Decision 45") dated February 28, 2006. The APEC Business Travel Card (or "ABTC…

According to the Decree 125/2020/ND-CP on 19 November 2020, the violation of the deadline for submission of the dossier for tax declaration may be liable to a fine of up to VND 25,000,000. Therefore, it is crucial to understand and implement the relevant regulations. For income-paying organizations,…

On March 07, 2023, the Government issued Resolution No. 31/NQ-CP ("Resolution 31") regular meeting of the Government in February 2023. Accordingly, Resolution 31 emphasizes a number of policies to remove difficulties for enterprises and citizens and to promote socio-economic development. Specifically,…

On March 14, 2023, the State Bank of Vietnam issued two decisions related to the management of interest rate, which are: Decision 313/QD-NHNN ("Decision 313") and Decision 314/QD-NHNN ("Decision 314"). Given the current situation, these decisions are considered a prompt action to support enterprises…

On February 20, 2023, the Government Office issued Notice No. 37/TB-VPCP ("Notice 37") summarizing the conclusions of the Prime Minister at the Conference on evaluating the implementation of regulations on the working relationship between the Government and the Vietnam General Confederation of Labor…