Weekly legal update

HA NOI'S GOVERNMENT PLANS TO COMPLETE EQUITIZATION AND DIVESTMENT IN 25 STATE-OWNED ENTERPRISES UP TO 2025

  • 16-06-2023
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Recently, on June 6, 2023, the Hanoi People's Committee issued Plan No. 166/KH-UBND on restructuring State-owned enterprises and state-invested enterprises (hereinafter referred to as the "SOEs") under the Hanoi People's Committee for the period of 2022 – 2025, concretizing the implementation of the…

REGISTER AND TRANSACTION IN THE PRIVATE BOND TRADING SYSTEM

  • 16-06-2023
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On May 17, 2023, the Ministry of Finance issued Circular No. 30/2023/TT-BTC (“Circular 30”) guiding the registration, depository, exercise of rights, transfer of ownership, and payment of transfers, and organizing a trading market for bonds offered for private sale in the domestic market (hereinafter…

REDUCE CONDITIONS AND SIMPLIFY ADMINISTRATIVE PROCEDURES IN GRANTING CERTIFICATES ON SECURITY AND FIRE PREVENTION

  • 16-06-2023
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On May 12, 2020, the Government issued Resolution 68/NQ-CP on the program to reduce and simplify regulations related to business activities from 2020 to 2025. To implement this Resolution, within the scope of business activities under the management function of the Ministry of Public Security, on June…

THE FEE FOR ISSUANCE OF CERTIFICATES OF ORIGIN (C/O) IS VND 60,000/SET

  • 16-06-2023
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On June 6, 2023, the Ministry of Finance issued Circular 36/2023/TT-BTC (“Circular 36”) stipulating the rate, collection, payment, management, and use of fees for certification of origin (C/O). Accordingly, when submitting the application for C/O, the applicant (trader, representative of the trader)…

INCREASE THE DRIVING TEST FEE FROM 01 AUGUST 2023

  • 16-06-2023
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On June 7, 2023, the Ministry of Finance issued Circular 37/2023 (“Circular 37”) to replace Circular 188/2016 (“Circular 188”) stipulating the collection rate, the regime of collection, payment, management, and use of driving test fees; fees for granting diplomas and certificates to operate on all kinds…

AUTOMATIC RENEWAL OF THE VEHICLE'S INSPECTION CERTIFICATES/ STAMPS VALID BEFORE 01 JULY 2024 UNTIL THE END OF ITS INSPECTION CYCLE

  • 09-06-2023
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The contents related to the issue of technical safety inspection and environmental protection of road motor vehicles are guided in Circular No. 16/2021/TT-BGTVT dated August 16, 2021 (“Circular 16”) was previously amended and supplemented in Circular 02/2023/TT-BGTVT dated March 21, 2023 (“Circular…

THE PERIOD FOR PROCESSING TAX REFUND APPLICATIONS SHALL NOT EXCEED 03 WORKING DAYS FROM THE DATE OF RECEIPT OF NOTIFICATION

  • 09-06-2023
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One of the issues that need to be resolved immediately to remove difficulties for businesses and people, as requested by the Prime Minister at Official Dispatch 470/CD-TTg (Updated here by ATA), is to complete the review for applications for value-added tax refunds. In order to create a basis for tax…

OFFICIAL PROMULGATION OF FEES FOR APPRAISAL OF PLANNING PROJECTS

  • 09-06-2023
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In 2019, the Ministry of Construction issued Circular No. 20/2019/TT-BXD ("Circular 20") to determine and manage construction planning and urban planning costs. Accordingly, the cost of an appraisal of planning plans is determined to be the expenses that the appraisal authorities must pay directly for…

INCREASING LOAN AMOUNTS AND REDUCING COLLATERAL PROPERTY REQUIREMENTS FOR HOUSEHOLDS AND TRADERS IN DISADVANTAGED AREAS

  • 09-06-2023
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On June 5, 2023, the Prime Minister issued Decision No. 17/2023/QD-TTg (“Decision 17”) amending and supplementing a number of articles of Decision No. 31/2007/QD-TTg dated March 5, 2007, on credit for production and business households in disadvantaged areas (“Decision 31”) and Decision No. 92/2009/QD-TTg…

INCREASING ENVIRONMENTAL PROTECTION FEES FOR TYPES OF MINERALS USED AS FOR CONSTRUCTION MATERIALS

  • 09-06-2023
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The collection of environmental protection fees for mineral exploitation is implemented in order to contribute to raising the awareness and responsibility for environmental protection of organizations and individuals exploiting minerals; encourage investment in technology development, efficient and…

THE OFFICIAL REGULATIONS ON THE IMPLEMENTATION OF ONLINE LAND ADMINISTRATION PROCEDURES

  • 02-06-2023
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The online land administration procedures have been specified in Clause 1 Article 7 of the Government's Decree 10/2023/ND-CP (ATA Legal Services has updated the important contents of Decree 10/2023/ND-CP here).  On that basis, on April 28, 2023, the Ministry of Natural Resources and Environment promulgates…

THE GENERAL DEPARTMENT OF TAXATION PUBLISHES THE LIST OF 524 ENTERPRISES AT RISK OF INVOICES

  • 02-06-2023
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On May 16, 2023, the General Department of Taxation issued Official Letter 1798/TCT-TTKT (“Official Letter 1798”) on reviewing and handling illegal invoices, in which a list of 524 enterprises with risks of illegal invoices was published (mostly businesses in Ho Chi Minh City and some businesses in…

THE LOCAL GOVERNMENTS SHALL NOT USE CONSULTATION WITH CENTRAL AGENCIES IN ORDER TO SHIRK THEIR RESPONSIBILITIES

  • 02-06-2023
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This is the principle emphasized in the Official Telegram No. 469/CD-TTg dated May 25, 2023, of the Prime Minister (“Official Telegram 469”) on the continued implementation of dismantling and promoting the real estate market. produce safe, healthy, and sustainable development. Official Telegram 469…

THE PRIME MINISTER REQUIRES MORE EFFECTIVE SOLUTIONS FOR SETTLING THE DIFFICULTIES OF ENTERPRISES AND CITIZENS

  • 02-06-2023
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From the beginning of 2023, the Government has issued Resolution No. 01/NQ-CP on significant tasks and solutions to implement the social and economic development plan, state budget estimates, and improvement of the business environment and enhancement of national competitiveness in 2023. The Resolution…

SOLUTIONS AND POLICIES ON ENHANCING THE EFFECTIVENESS OF FOREIGN INVESTMENT SHALL BE IMPLEMENTED SIMULTANEOUSLY ACCORDING TO THE PRIME MINISTER'S REQUIREMENT

  • 02-06-2023
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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…