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Legal Updates

Global Vietnam Lawyers > Legal Updates

Legal Alert No.02, January 2022

[mkd_button size="large" type="outline" text="DOWNLOAD ALERT" custom_class="" icon_pack="font_awesome" fa_icon="" link="https://drive.google.com/file/d/1sMYyfrryAj9CZ37tErssEB5wG-MQjdbH/view?usp=sharing" target="_self" color="" hover_color="" background_color="" hover_background_color="" border_color="" hover_border_color="" font_size="" font_weight="200" margin=""] On 10 January 2022, the Government issued Decree 08/2022/ND-CP (“Decree 08/2022”) detailing a number of articles of the Law on Environmental Protection, including notable contents on the expanded responsibilities of manufacturers and importers for the recycling and disposal of products and packages, specifically as follows: Objects and roadmap for implementing recycling responsibility Decree 08/2022 stipulates manufacturers and importers of products and packages on the list of electrical and electronic industries; battery - accumulator; lubricating oil; tires and tubes; vehicles; and packaging of the...

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Legal Alert No.01 – January 2022

[mkd_button size="large" type="outline" text="DOWNLOAD HERE" custom_class="" icon_pack="font_awesome" fa_icon="" link="https://drive.google.com/file/d/1vBbXGH5qvrphNjDCB98UwYw1KvXvLVIt/view?usp=sharing" target="_self" color="" hover_color="" background_color="" hover_background_color="" border_color="" hover_border_color="" font_size="" font_weight="200" margin=""] New Legal Framework for Real Estate Business Under Decree 02/2022/ND-CP On 06 January 2022, the Government issued Decree 02/2022/ND-CP (“Decree 02/2022”) detailing the implementation of a number of articles of the Law on Real Estate Business. Decree 02/2022 will take effect from 01 March 2022, replacing Decree 76/2015/ND-CP. The legal capital of at least VND 20 billion is no longer a requirement for real estate enterprises According to Article 4.1 of Decree 02/2022, organizations and individuals trading in real estate (except for organizations, households...

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Legal Newsletter Issue No. 12, in December 2021

[mkd_button size="large" type="outline" text="DOWNLOAD LEGAL UPDATE" custom_class="" icon_pack="font_awesome" fa_icon="" link="https://drive.google.com/file/d/1v-r6V3iFjJH3N4BfL07c9SSGpAD7H1cw/view?usp=sharing" target="_self" color="" hover_color="" background_color="" hover_background_color="" border_color="" hover_border_color="" font_size="" font_weight="" margin=""] Dear Valued Clients and Partners, GV Lawyers would like to introduce you Legal Newsletter Issue No. 12, in December 2021 - the last isue of 2021 with the following main contents: In the " Update of the latest legal information" section, we will keep you updated about the novelties on buying and selling corporate bonds of credit institutions, on rediscounting negotiable instruments between credit institutions, as well as amending and supplementing the regulations on goods labels, on tax regulations applicable to business...

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Legal Alert Issue No.02 – December 2021

[mkd_button size="large" type="outline" text="DOWNLOAD LEGAL ALERT" custom_class="" icon_pack="font_awesome" fa_icon="" link="https://gvlawyers.com.vn/wp-content/uploads/2021/12/EN_Legal-Alert-FIE.pdf" target="_self" color="" hover_color="" background_color="" hover_background_color="" border_color="" hover_border_color="" font_size="" font_weight="" margin=""] Requirement For Report On Investment Activities Applicable To Foreign Invested Company In Vietnam Dear Valued Clients, Global Vietnam Lawyers (“GV Lawyers”) would like to send you our respectful greetings and the best wishes for health and safety. We always appreciate and feel grateful for your trust and companionship so far. As you may already know, foreign investors or economic organizations implementing foreign investors' projects are responsible for preparing and submitting periodical reports on investment activities in Vietnam to the relevant investment registration authorities and...

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Legal Alert Issue N0.01 – December 2021

[mkd_button size="" type="" text="TẢI VỀ - Thông Báo Pháp Luật" custom_class="" icon_pack="font_awesome" fa_icon="" link="https://gvlawyers.com.vn/wp-content/uploads/2021/12/1638875051EN_Legal-Alert-RO-GVLDec2021.pdf" target="_self" color="" hover_color="" background_color="" hover_background_color="" border_color="" hover_border_color="" font_size="" font_weight="" margin=""] Year-End Reports Submission By Vietnamese Representative Offices Of Foreign Traders We are in the very last weeks of the calendar year 2021 and the year 2022 is coming. After an unsecured year with the complicated impacts of the SARS CoV-2 (Covid 19) pandemic, this is the time when the Vietnamese Representative offices of foreign traders (“RO(s)”) can have time to pay due attention to compliance matters. The ROs shall also need to mind and get prepared for the other required reports...

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Legal Newsletter Issue No. 11, in November 2021

Dear Valued Customers and Partners, GV Lawyers would like to introduce you Legal Newsletter Issue No. 11, in November 2021 with the following main contents: In the " Latest legal information" section, we will keep you updated about the novelties on guidelines for implementing trade remedies under the UKVFTA, on guidelines for implementing tax exemption and reduction policies to support enterprises and household businesses, as well as amending and supplementing the policies to support businesses and workers plagued by the Covid-19 epidemic woes. Next, the article “Administrative business in governance and management” by Lawyer Le Quang Vy, Partner of GV Lawyers...

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Legal alert issue No.02| October 2021

Tax Exemption And Reduction Policies For Enterprises And Household Businesses Hit By The Covid-19 Pandemic On 19/10/2021, the National Assembly Standing Committee issued Resolution No. 406/NQ-UBTVQH15 (”Resolution 406”) promulgating a number of solutions to support enterprises, household businesses and trading individuals hit by the Covid-19 pandemic. Resolution 406 will take effect immediately from the signing date, 19/10/2021 with specific support policies as follows: Enterprises are entitled to a 30% reduction in corporate income tax payable in 2021 According to Article 1.1 of Resolution 406, enterprises are entitled to a 30% reduction in corporate income tax (CIT) payable in 2021 if the...

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Legal Newsletter Issue No.10| October 2021

Dear Valued Customers and Partners, GV Lawyers would like to introduce you Legal Newsletter Issue No. 10, in October 2021 with the following main contents: In the " Latest legal information" section, we will keep you updated about the novelties on investment incentives, on the commercial activities via website accessed from Vietnam by foreign enterprises as well as the land rent reduction for those hit by the Covid-19 epidemic. In addition, you also need to be aware of the novelty on e-invoices that apply to enterprises. Next, the article “Is the legal instrument the key or the lock when it comes...

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Legal alert issue No.01| October 2021

On 01 October 2021, the Prime Minister issued Decision 28/2021/QD-TTg (“Decision 28/2021”) providing policies to support employees and employers affected by the COVID-19 pandemic, financed by the Unemployment Insurance (UI) Fund as follows: Financial support for employees who become unemployed due to COVID-19 a. Eligible employees: Employees who currently participate in unemployment insurance as of 30 September 2021. Employees who have stopped participating in UI due to termination of their labor contracts or working contracts in the period from 01 January 2020 to the end of 30 September 2021 with the period of UI participation being reserved. b. Non-eligible employees: Employees who...

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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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