LEGAL UPDATES
SUPPLEMENTATIONS AND INCREASE ON ADMINISTRATIVE SANCTIONS FOR VARIOUS VIOLATIONS OF THE LAW ON ENVIRONMENTAL PROTECTION
- 15-07-2022
- 589
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The 2020 Law on Environmental Protection (“LEP”) has supplemented various obligations of organizations and individuals compared to the previous Law of 2014. In that spirit, on July 7, 2022, the Government issued Decree 45/2020/ND-CP (“Decree 45”) on administrative sanctions in the field of environmental…
FROM 07/01/2022, CONSTRUCTION CONTRACTORS MUST BUY COMPULSORY CIVIL LIABILITY INSURANCE FOR THIRD PARTIES
- 15-07-2022
- 567
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Previously, contractors were encouraged by law to purchase third-party civil liability insurance. However, from July 1, 2022, when Decree No. 20/2022/ND-CP dated March 10, 2022 of (hereinafter referred to as “Decree 20”) revising a number of articles of Decree 119/2015/ND-CP (“Decree 119”) comes into…
IF THERE IS NO OTHER EVIDENCE, THE ORGANIZATION OR INDIVIDUAL WHOSE NAME PRESCRIBED IN THE ORIGINAL WORK WILL AUTOMATICALLY BE CONSIDERED AS THE AUTHOR
- 08-07-2022
- 491
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This is a principle for determining copyright in proceedings prescribed in the Law No. 07/2022/QH15 on the amendments and supplements of the Law on Intellectual Property dated June 16, 2022 (“Law 07”). This revised Law on Intellectual Property (“IP”) has a fairly wide scope, with more than 100 articles…
ENTERPRISES IN INDUSTRIAL PARKS, ECONOMICS ZONES SUBMIT INTERNAL LABOR RULES TO MANAGEMENT BOARD INSTEAD OF DOLISA
- 08-07-2022
- 522
- 0
It is one of many new regulations in Decree No. 35/2022/ND-CP (“Decree 35”) of the Government, dated May 28, 2022, on management of industrial parks (“IPs”), economics zones (“EZs”). Decree 35 shall replace Decree No. 82/2018/ND-CP (“Decree 82”) and take effect as of July 17, 2022. Compared to Decree…
THE NEW LAW ON INSURANCE BUSINESS OFFICIALLY ENTITLES LIFE INSURANCE AND HEALTH INSURANCE BUYERS TO BE ELIGIBLE FOR AN “INSURANCE TRIAL” PERIOD OF 21 DAYS
- 08-07-2022
- 791
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On June 16, 2022, The National Assembly has just ratified the Law on Insurance Business (“LOIB”) No. 08/2022/QH15, replacing the LOIB 2000, amended and supplemented in 2010. The LOIB 2022 acquires new regulations promoting and facilitating insurance business activities in Vietnam, including many amended…
PUBLICATION OF INFORMATION ON REAL ESTATE, REAL ESTATE PROJECT AND AND REAL ESTATE TRANSFER TAX ON WEBSITEhttp://www.batdongsan.xaydung.gov.vn
- 08-07-2022
- 654
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On June 29, 2022, the Government issued Decree No. 44/2022/ND-CP on the establishment, management and use of information system about housing and real estate market (“Decree 44”). Decree 44 shall officially take effect from August 15, 2022 and shall replace Decree 117/2015/ND-CP dated November 12, 2015…
TAXPAYERS MUST SUBMIT THE APPLICATION FOR PAYMENT EXTENSION OF TAX AND LAND RENTAL IN 2022 BEFORE 30/09/2022
- 01-07-2022
- 573
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On June 23, 2022, the General Department of Taxation issued Official Letter No. 2194/TCT-KK 2022 (“Official Letter 2194”) on organizing the implementation of the contents specified in Decree No. 34/2022/ND-CP extending the payment deadline of value added tax, corporate income tax, personal income tax…
CIRCULAR 09/2022/TT-BGTVT GUIDING ON THE ASSESSMENT METHODS AND CRITERIA OF BID DOSSIER FOR THE SELECTION OF INVESTORS EXECUTING PUBLIC-PRIVATE PARTNERSHIP PROJECTS
- 01-07-2022
- 456
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On June 22, 2022, the Ministry of Transport issued Circular 09/2022/TT-BGTVT (“Circular 09”) guiding a number of contents on methods and criteria for evaluating bid dossiers for the selection of investors executing public-private partnership projects. Specifically: Evaluation of capacity and experience:…
SUPPLEMENTATION OF CHARGES FOR THE ISSUANCE OF ARCHITECTURAL PRACTICE CERTIFICATES AT VND 300 THOUSAND/CERTIFICATION FROM 08/08/2022
- 30-06-2022
- 458
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On 24/06/2022, the Ministry of Finance issued Circular No. 38/2022/TT-BTC (“Circular 38”) stipulating the amount, collection and payment regime of charges for issuing construction licenses and architectural practice certificates. Circular 38 shall officially take effect from August 8, 2022 and shall…
EMPLOYERS IN HO CHI MINH CITY MUST SUPPLY DOCUMENTS FOR ADJUSTMENT SOCIAL INSURANCE BEFORE 25/07/2022
- 30-06-2022
- 457
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On June 21, 2022, the Social Insurance (“SI”) Agency of Ho Chi Minh City issued Official Letter No. 3288/BHXH-QLT (“Official Letter 3288”) guiding the implementation of payment of SI, health insurance (“HI”), unemployment insurance (“UI”), occupational accident and disease insurance (“OADI”) from July…
THE POLICY FOR SUPPORTING THE PREMIUMS OF OCCUPATIONAL ACCIDENT AND DISEASE INSURANCE WILL EXPIRE FROM 07/01/2022
- 30-06-2022
- 435
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On July 7, 2021, the Prime Minister issued Decision No. 23/2021/QD-TTg (“Decision 23”) regulating the implementation of a number of policies to support employees and employers being in difficulty due to the Covid-19 pandemic. Pursuant to Decision 23, the State will support enterprises with a insurance…
FROM JUNE 25, 2022, HANOI REMOVE CONTENT OF SUPPLYING CERTIFICATES TO HOME BUYERS IN HOME PROJECTS IN PARALLEL WITH THE INSPECTION AND HANDLING OF LIABILITY TOWARDS THE OWNER.
- 24-06-2022
- 524
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On June 14, 2022, the Hanoi People’s Committee issued Decision No. 26/2022/QD-UBND (“Decision 26”) on the amendment and suplementation of a number of regulations in Decision No. 12/2017/QD-UBND (“Decision 12”) dated March 31, 2017 and the replacement of Decision No. 24/2018/QD-UBND dated October 15,…
NEW GUIDELINES RELATED TO REGIONAL MINIMUM WAGE
- 23-06-2022
- 428
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On June 12, 2022, the Government issued Decree No. 38/2022/ND-CP (“Decree 38”) stipulating the minimum wage for employees working under employment contracts. Decree 38 officially took effect from 01/07/2022, replacing Decree 90/2019/ND-CP. In addition to increasing the regional minimum wage, Decree…
PART OF DEPOSIT IS ALLOWED TO WITHDRAW PREMATURELY
- 23-06-2022
- 358
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On June 16, 2020, the State Bank of Vietnam issued Circular No. 04/2022/TT-NHNN (“Circular 04”) stipulating the application of interest rates on premature withdrawal of deposits from credit institutions and foreign bank branches. This Circular shall come into force as of August 1, 2022 and shall replace…
GROUPS OF GOODS HAVING DIFFERENT VALUE ADDED TAX RATE ONLY REQUIRE ONE INVOICE
- 23-06-2022
- 468
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On June 20, 2022, the Government issued Decree No. 41/2022/ND-CP (“Decree 41”) amending and supplementing a number of articles of Decree No. 123/2020/ND-CP dated 19 October 10, 2020 of the Government stipulating invoices and documents and Decree No. 15/2022/ND-CP dated January 28, 2022 of the Government…