Finance - Banking - Stock

RESOLUTION NO. 66-NQ/TW OF THE POLITBURO AND RESOLUTION NO. 197/2025/QH15 OF THE NATIONAL ASSEMBLY: FROM STRATEGIC ORIENTATION TO SPECIAL MECHANISMS FOR REFORMING VIETNAM LEGISLATION AND IMPLEMENTATION

23

mo.05

On April 30, 2025, the Politburo of the Central Committee issued Resolution No. 66-NQ/TW on innovating law-making and law enforcement to meet the country's development demands in the new era (“Resolution 66”), marking a significant milestone in legal institutional reform. Resolution 66 sets forth a…

RESOLUTION NO. 198/2025/QH15: INSTITUTIONALIZING SPECIAL MECHANISMS TO DEVELOP THE PRIVATE ECONOMY BASED ON RESOLUTION NO. 68-NQ/TW

23

mo.05

Based on Resolution No. 68-NQ/TW of the Politburo on the development of the private economy (“Resolution 68”), on May 17, 2025, the National Assembly adopted Resolution No. 198/2025/QH15 on several special mechanisms and policies for the development of the private economy (“Resolution 198”). Accordingly,…

DECREE NO. 94/2025/NĐ-CP: ALLOWS FINTECH COMPANIES TO PILOT PEER-TO-PEER (P2P) LENDING SOLUTIONS FROM JULY 1, 2025.

17

mo.05

On April 29, 2025, the Government promulgated Decree No. 94/2025/ND-CP providing regulations on the controlled testing mechanism (Sandbox) in the banking sector for the implementation of new products, services, and business models through the application of technological solutions (“Decree 94”), with…

CIRCULAR NO. 19/2025/TT-BTC: THE APPLICATION DOSSIER FOR PUBLIC COMPANY REGISTRATION MUST INCLUDE A REPORT ON THE CONTRIBUTED CHARTER CAPITAL OVER A MINIMUM PERIOD OF 10 YEARS.

17

mo.05

On May 5, 2025, the Ministry of Finance issued Circular 19/2025/TT-BTC, regulating public company registration, revocation of public company status, and audited charter capital contribution reports ("Circular 19"), with notable new provisions as follows: 1. Public company registration documents must…

SOME TAX SECTOR APPLICATIONS TO BE TEMPORARILY SUSPENDED FOR DATA CENTER RELOCATION

16

mo.05

The Tax Department has issued Notification No. 237/TB-CT regarding the temporary suspension of several IT application systems from May 23 to June 15, 2025, to facilitate the relocation of the main Data Center to a new site. The systems that will be suspended during this period include: eTax, Electronic…

CIRCULAR NO. 18/2025/TT-BTC: DETAILED GUIDANCE ON NON-PREFUNDING STOCK TRANSACTIONS BY FOREIGN INSTITUTIONAL INVESTORS

10

mo.05

On April 26, 2025, the Minister of Finance issued Circular No. 18/2025/TT-BTC (“Circular 18”) amending and supplementing several articles of Circular No. 119/2020/TT-BTC dated December 31, 2020, providing regulations on securities registration, depository, clearing and settlement, and Circular No. 96/2020/TT-BTC…

CIRCULAR NO. 02/2025/TT-NHNN: CREDIT INSTITUTIONS ARE NOT ALLOWED TO ISSUE ELECTRONIC DEPOSIT CERTIFICATES TO NON-RESIDENTS OR FOREIGN INDIVIDUALS

09

mo.05

On April 29, 2025, the State Bank of Vietnam issued Circular No. 02/2025/TT-NHNN ("Circular 02") regulating the issuance of domestic certificates of deposit by credit institutions and foreign bank branches, replacing Circular No. 01/2021/TT-NHNN ("Circular 01") which previously governed the issuance…

ATA'S PROPOSALS FOR AMENDING LEGAL DOCUMENTS IN ACCORDANCE WITH RESOLUTION NO. 68-NQ/TW ON PRIVATE ECONOMIC DEVELOPMENT

07

mo.05

On May 4, 2025, the Politburo issued Resolution No. 68-NQ/TW (“Resolution 68”) on private economic development. Resolution 68 includes many specific and groundbreaking contents, demonstrating the determination to build and develop the private economy in the current. As a law consulting firm with many…

DECISION NO. 30/HĐ-TV PROVIDING GUIDANCE ON THE REGISTRATION AND EXERCISE OF COVERED WARRANTS AT VSDC.

25

mo.04

On April 16, 2025, the Members’ Council of the Vietnam Securities Depository and Clearing Corporation (“VSDC”) issued Decision No. 30/HĐ-TV (“Decision 30”), replacing Decision No. 23/QĐ-HĐTV dated August 10, 2023, which provides detailed regulations on the registration and exercise of covered warrants…

DECISION NO. 26/QĐ-HĐTV ON THE PROMULGATION OF A NEW SET OF REGULATIONS ON CLEARING AND SETTLEMENT OF DERIVATIVES TRANSACTIONS AT THE VIETNAM SECURITIES DEPOSITORY AND CLEARING CORPORATION (VSDC)

25

mo.04

On April 16, 2025, the Vietnam Securities Depository and Clearing Corporation ("VSDC") issued Decision No. 26/QĐ-HĐTV ("Decision 26") on the promulgation of the "Regulations on Clearing and Settlement of Derivatives Transactions at the Vietnam Securities Depository and Clearing Corporation (VSDC)",…

DECREE 71/2025/ND-CP: MANY NEW REGULATIONS FAVORABLE TO INVESTORS WHEN IMPLEMENTING PROJECTS UNDER THE PUBLIC-PRIVATE PARTNERSHIP METHOD (PPP PROJECTS).

05

mo.04

On March 28, 2025, the Government issued Decree No. 71/2025/ND-CP amending and supplementing several provisions of Decree No. 35/2021/ND-CP dated March 29, 2021, detailing and guiding the implementation of the Law on Investment under the Public-Private Partnership model ("Decree 71"). Accordingly, some…

DECREE 49/2025/ND-CP: TAX DEBT FROM 50 MILLION VND SHALL BE TEMPORARY SUSPENSION OF EXIT

07

mo.03

On February 28, 2025, the Government issued Decree 49/2025/NĐ-CP, stipulating the threshold for temporary exit suspension for individuals and organizations with tax debts. The decree specifies the criteria regarding the amount and duration of tax debt as the basis for applying exit suspension measures,…

VALUE-ADDED TAX LAW 2024 – VAT DEDUCTION IS ONLY ALLOWED IF HAVING NON-CASH PAYMENT DOCUMENTS

27

mo.12

Value-Added Tax (VAT) plays a crucial role in regulating the economy, contributing to State revenue, and also supporting economic development during various periods. Currently, this matter is governed by the VAT Law 2008, amended and supplemented by laws in 2013, 2016, and other legal documents (hereinafter…

AMENDED SECURITIES LAW: A REFORM ADVANCEMENT CREATING A NEW LEGAL FRAMEWORK TO PREVENT ILLEGAL TRADING AND PROMOTE MARKET TRANSPARENCY!

21

mo.12

On November 29, 2024, the National Assembly issued Law No. 56/2024/QH15, which amends and supplements several provisions of various laws ("Law No. 56"), including several notable changes related to the Securities Law. Compared to the draft previously mentioned by ATA in its special report on September…

CIRCULAR NO 76/2024/TT-BTC: A LOT OF SUPPLEMENT REQUIREMENTS ON INFORMATION DISCLOSURE FOR BOND ISSUERS

06

mo.12

On November 6, 2024, the Minister of Finance issued Circular 76/2024/TT-BTC ("Circular 76") providing guidance on information disclosure and reporting regimes related to the private placement and trading of corporate bonds in the domestic market as well as the offering of corporate bonds in international…