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Legal Updates

Global Vietnam Lawyers > Legal Updates

Legal Newsletter Issue No.09| September 2021

Dear our valued Clients and Partners, GV Lawyers would like to introduce you Legal Newsletter Issue No. 09, in September 2021 with the following main contents: In the “Latest policies for businesses” section, we will keep you updated about policy on tax exemption for imports as a sponsorship for the prevention and control of Covid-19 pandemic, and on supporting trade union members and employees hit by the Covid-19 epidemic. In addition, we will keep you updated about the support for small and medium-sized enterprises. Next, the article “When prices dance” by Assistant Lawyers Nguyen Cong Duy Thong and Tran Thi Cam Van of GV Lawyers mentions that some individuals...

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Legal alert issue no.02| September 2021

What Do Enterprises Benefit From Government Resolution 105? In an attempt to assist in the timely disentanglement of difficulties, obstacles and bottlenecks hindering production and business activities of enterprises hit by the Covid-19 pandemic, on 09 September 2021, the Government issued a Resolution 105/NQ-CP (Resolution 105) on supporting enterprises, cooperatives and business households in the context of the Covid-19 pandemic by enabling new policies that directly favor the production and business activities of enterprises. Enterprises may import vaccines and conduct self-testing for Covid-19 Enterprises are entitled to import vaccines; purchase biological products, testing equipment; self-test for employees and more importantly, the test...

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Legal Alert Issue No.01| September 2021

On 07 September 2021, the State Bank of Vietnam has issued Circular 14/2021/TT-NHNN (“Circular 14/2021”) amending and supplementing a number of articles of Circular 01/2020/ TT-NHNN stipulates the rescheduling of debt repayment, exemption and reduction of fees, maintaining the debt group to support customers hit by the Covid-19 epidemic. Accordingly, credit institutions and foreign bank branches (hereinafter referred to as “Credit Institution”) shall reschedule the repayment term for the outstanding balance of principal and/or interest of the debt upon fully meeting the following 8 conditions: (1)        Debts incurred before 01 August 2021 from lending and financial leasing activities. (2)        Having an obligation to repay principal and/or interest...

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Legal Newsletter Issue No.08| August 2021

Dear Valued Customers and Partners, GV Lawyers would like to introduce you Legal Newsletter Issue No. 08, in August 2021 with the following main contents: The hottest information about the novelties on providing cross-border advertising services in Vietnam will be updated in the "Latest legal information" In addition, we will keep you updated about the novelties on the renovation and reconstruction of apartment buildings, and on the purchase and sale of valuable papers issued by credit institutions. Next, in the article “Who pays “old debts” after M&A?” by Assistant Attorney Tran Nguyen Phuong Anh of GV Lawyers, through the case of...

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Legal Newsletter Issue No.07| July 2021

Dear Valued Customers and Partners, GV Lawyers would like to introduce you Legal Newsletter Issue No. 07, in July 2021 with the following main contents: In the Latest legal information section, we will keep you updated about guidance on the obligations of organizations and individuals in foreign investment activities on the Vietnamese stock market; guidance on application of the APA mechanism to enterprises conducting associated transactions; and we will keep you updated about regulations on certificates of origin of goods in UKVFTA. Next, in the article “International Trademark Protection – Legal Lessons for Vietnamese enterprises” by Le Quang Vy –...

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Legal Alert Issue No.01- July 2021

Some Policies To Assist Employees And Employers In Coping With The Covid-19 Pandemic In light of the complicated situation of the COVID-19 pandemic which has had a great impact on production, trading and people's lives, on 01 July 2021, the Government issued Resolution 68/NQ-CP (“Resolution 68”) on a number of policies to support employees and employers facing difficulties due to the COVID-19 pandemic. These policies are aimed to revive production and trading, minimize negative impacts of the pandemic, stabilize production and trading, and ensure basic living standards and safety for employees. Resolution 68 provides for specific policies as follows: For employers To...

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Legal Newsletter Issue No.06| June 2021

Dear Valued Customers and Partners, GV Lawyers would like to introduce you Legal Newsletter Issue No. 06, in June 2021 with the following main contents: In the "Notable News" section, we will keep you updated about Guidance on value-added tax, personal income tax and tax management over business households and individuals; corporate income tax incentives for projects to manufacture supporting industry products; new regulations on the application of risk management in tax administration; and we will keep you updated about regulations on preliminary environmental impact assessment. Next, in the "Article" section, we would like to introduce an article by Lawyer Do...

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Legal Alert of June 2021

GV Lawyers would like to introduce our Legal Alert issued in June 2021 to update Clients and Partners on important legal highlights about “Policies to support businesses during the Covid-19 Pandemic” as follows: The People's Committee of Ho Chi Minh City is finalizing the policy to support enterprises in Ho Chi Minh City The People's Committee of Ho Chi Minh City is finalizing the draft Plan for the implementation of the Set of Priority Criteria to support enterprises in Ho Chi Minh City according to the support package of the Government and the City (“the Criteria Set”) in order to promptly...

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Legal Newsletter Issue No.05| May 2021

Dear Valued Customers and Partners, GV Lawyers would like to introduce you Legal Newsletter Issue No. 05, in May 2021 with the following main contents: In the "Notable News" section, we will keep you updated on extension of deadline for tax and land rent payment in 2021; New mechanism on development and management of social houses according to Decree 49/2021/ND-CP; Some new regulations on construction contracts; and most notably, the expenses to support Covid-19 prevention and control are deductible when calculating corporate income tax. In “Good readings for you” section, we would review the new regulations allowing branches of land registration...

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Legal Newsletter Issue No.04| April 2021

Dear Valued Customers and Partners, GV Lawyers would like to introduce you Legal Newsletter Issue No. 04, in April 2021 with the following main contents: In the "Notable News" section, we will keep you updated on guidance on electronic transactions in the tax sector; Decree 31/2021/ND-CP guiding the implementation of the 2020 Investment Law; instructions on implementing the Law on Investment in the form of public-private partnership; and worth noting is the new regulations on guaranteeing the performance of civil obligations. In the next "Article" section, we would introduce an article by Le Quang Vy, Partner of GV Lawyers,and Paralegal Vo...

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