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Legal Newsletter | December 2020

Dear Valued Clients and Partners,

GV Lawyers would like to introduce our Legal Newsletter, November 2020 – the last issue of 2020 with the following main contents:

In the “Notable News” section, we will keep you updated about some notable novelties of the Law on Vietnamese guest workers under contract; novelties on the retirement age pursuant to Decree 135/2020/ND-CP; regulations on prudential criteria for securities trading institutions that fail to meet such criteria; novelties on the list of Vietnamese occupations used in the statistical work on Vietnamese employees and as a basis for their management by the occupation; and it is worth noting that the guidance for implementing the EVFTA agreement on trade remedies will be applied from January 11, 2021.

Next, in the section “Article“, we would like to introduce the article of Lawyer Tran Huu Tien titled “Sharing economy – 4.0 economic revolution or labour squeezing business” posted on Vietnam Online Lawyer on 10 December 2020. The article points out shortcomings that greatly affect the interests of workers in the 4.0 economy sharing technology application.

Besides, you will get information about the Tan Suu Lunar New Year holidays in the “Reading for you” section.

In the section “Legal Guidance“, we update the latest instructions to resolve enquiries about (i) Declaring personal income tax and keeping accounts of value added taxes; (ii) How to calculate environmental protection tax on grease products; (iii) Value added tax in case of customers re-selling resort reservations to the Company; and (iv) Importing gold wires to manufacture electronic components.

The last part of the Legal Newsletter is, as usual, the list of selected legal documents issued in November 2020.

We hope this Legal Newsletter will keep you updated about useful information.

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