Legal update

• 21-06-2024
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On June 17, 2024, the Government issued Decree No. 65/2024/NĐ-CP ("Decree 65") providing for the extension of the payment deadline for special consumption tax ("SCT") liabilities arising from the tax periods of May, June, July, August, and September 2024 for domestically manufactured/assembled automobiles.…

• 14-06-2024
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On June 9, 2024, the Government issued Resolution 84/NQ-CP on the Project to develop a Law amending and supplementing a number of articles of Land Law No. 31/2024/QH15, Housing Law No. 27/ 2023/QH15, Law on Real Estate Business No. 29/2023/QH15, Law on Credit Institutions No. 32/2024/QH15. Accordingly,…

• 14-06-2024
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On May 17, 2024, the Tax Department of Quang Nam province issued Official Dispatch No. 4224/CTQNA-TTH guiding the handling of personal income tax (PIT) issues of employees with multiple incomes of 2,000,000 VND/time. or more at many income-paying organizations. Accordingly, the organization paying temporary…

• 14-06-2024
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On May 31, 2024, the Hanoi City Tax Department issued Official Letter No. 32968/CTHN-TTHT to guide the Project Management Board of the Nuclear Science and Technology Research Center on the declaration and payment of contractor tax for foreign contractors and subcontractors with income arising in Vietnam…

• 14-06-2024
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On June 4, 2024, the Ministry of Labor, War Invalids and Social Affairs issued Official Letter No. 2354/BLĐTBXH-CATLĐ requiring local authorities and relevant agencies and organizations to enhance management and compliance with occupational safety and hygiene laws ("Official Letter 2354"). Recent occupational…

• 01-06-2024
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To implement the 2023 Water Resources Law, on May 16, 2024, the Government issued Decree 54/2024/ND-CP, which regulates the practice of groundwater drilling, declaration, registration, licensing, water resources services, and the fees for water resources exploitation rights ("Decree 54"). Below are…

• 31-05-2024
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On May 16, 2024, the Council of Judges of the Supreme People's Court issued Resolution No. 01/2024/NQ-HDTP on instructions for applying a number of provisions of the Law on Marriage and Family issued by the Association. issued by the Council of Judges of the Supreme People's Court (“Resolution 01”).…

• 31-05-2024
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On May 17, 2024, the Minister of Health issued Circular No. 07/2024/TT-BYT regarding drug bidding at public healthcare facilities (“Circular 07”), replacing Circular No. 15/2019/TT-BYT (“Circular 15”), to guide the implementation of several provisions of the 2023 Procurement Law in the activities of…

• 31-05-2024
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On May 16, 2024, the State Bank of Vietnam has just issued Circular No. 03/2024/TT-NHNN (“Circular 03”) amending and supplementing a number of Articles of Circulars related to selling and handling bad debts of asset management companies of Vietnamese credit institutions. Circular 03 provides some notable…

• 27-05-2024
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SPECIALIZED LEGAL ARTICLES SERIES:ANALYSIS AND EVALUATION OF DIFFERENCES ON SPECIFIC ISSUES BETWEEN THE LAW ON LAND 2013 AND THE LAW ON LAND 2024 TOPIC 3: THE STRICT REGULATIONS IN THE PROCESS OF DETERMINING LAND PRICES Land prices are directly related to the financial obligations of land users to the…

• 24-05-2024
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On May 15, 2024, the Government issued Decree No. 52/2024/ND-CP regulating non-cash payments (“Decree 52”), replacing Decree No. 101/2012/ND-CP (has been revised and supplemented). Decree 52 has the following notable amendments and additions: 1. Supplementing the legal framework on digital currency…

• 24-05-2024
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The Water Resources Law 2023 has been approved by the National Assembly and will officially take effect from July 1, 2024. To ensure that the provisions of the 2023 Water Resources Law are quickly implemented in practice, on May 16, 2024, the Government issued No. 53/2024/ND-CP detailing the implementation…

• 23-05-2024
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On May 16, 2024, the Government issued Decree No. 55/2024/ND-CP (“Decree 55”) guiding the Law on Consumer Rights Protection 2023. This Decree will replace Decree 99 /2011/ND-CP (“Decree 99”) guides the Law on Consumer Rights Protection 2010. Decree 55 has a number of notable new contents as follows:…

• 18-05-2024
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On May 10, 2024, the Government issued Decree No. 50/2024/ND-CP ("Decree 50"), amending and supplementing certain provisions of Decree No. 136/2020/ND-CP ("Decree 136") and Decree No. 83/2017/ND-CP ("Decree 83") related to fire prevention and firefighting ("FPFF"). Some notable points of Decree 50 concerning…

• 17-05-2024
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On May 4, 2024, the Government issued Decree No. 46/2024/ND-CP ("Decree 46") amending and supplementing certain provisions of Decree No. 99/2013/ND-CP ("Decree 99") on the sanctioning of administrative violations in the field of industrial property (as amended and supplemented by Decree No. 126/2021/ND-CP),…