Legal Update

04 NEW PRECEDENTS OF CIVIL DISPUTE RESOLUTIONS THAT APPLICABLE FROM 01/02/2022

04 NEW PRECEDENTS OF CIVIL DISPUTE RESOLUTIONS THAT APPLICABLE FROM 01/02/2022

The Council of Judges of the Supreme People's Court approved 09 new precedents, of which there were 04 civil cases, including: (i) Precedent no. 44/2021/AL on determining the statute of limitations...

NO ISOLATION IS REQUIRED FOR PEOPLE ENTERING VIETNAM FOR SHORT-TERM WORK

NO ISOLATION IS REQUIRED FOR PEOPLE ENTERING VIETNAM FOR SHORT-TERM WORK

On December 24, 2021, the Ministry of Health issued Official Letter No. 10943/CV-BYT on medical guidelines for preventing and controlling COVID-19 for people who are allowed to enter Vietnam for short-term work...

 
URGENTLY RESTORE INTERNATIONAL COMMERCIAL FLIGHTS

URGENTLY RESTORE INTERNATIONAL COMMERCIAL FLIGHTS

On December 22, 2021, the Government Office issued Official Letter No. 9370/VPCP-CN on urgently performing the task to restore international commercial flights. Accordingly, Standing Deputy Prime Minister Pham Binh Minh requested the...

VACCINE PASSPORT

VACCINE PASSPORT

On December 20, 2021, the Ministry of Health issued Decision No. 5772/QD-BYT on promulgating the Form and the process of issuing the "Vaccine Passport." Specifically, the vaccine passport form includes the following information: Full...

 
LABEL OF GOODS WITH UNIDENTIFIED ORIGIN

LABEL OF GOODS WITH UNIDENTIFIED ORIGIN

On December 09, 2021, the Government issues Decree No. 111/2021/ND-CP amending and supplementing a number of articles of the Government’s Decree No. 43/2017/ND-CP dated April 14, 2017, on goods labeling. Accordingly,...

PREFERENTIAL CORPORATE INCOME TAX RATES TO BE APPLICABLE TO SPECIAL INVESTMENT PROJECTS

PREFERENTIAL CORPORATE INCOME TAX RATES TO BE APPLICABLE TO SPECIAL INVESTMENT PROJECTS

On October 6, 2021, the Prime Minister issues the Decision No. 29/2021/QD-TTg regarding preferential treatment for special investment. In particular, the 7% preferential rate lasting for 33 years will be applied to...

 
CREDIT INFORMATION COMPANY MUST HAVE A MINIMUM CHARTER CAPITAL OF VND 30 BILLION

CREDIT INFORMATION COMPANY MUST HAVE A MINIMUM CHARTER CAPITAL OF VND 30 BILLION

The Decree No. 58/2021/ND-CP promulgating regulations on the provision of credit information services is issued on June 10, 2021, by the Government. Specifically, a credit information company shall be granted a certificate of eligibility...

AMENDING THE REGULATIONS ON PRIVATE OFFERING OF SHARES AND BONDS

AMENDING THE REGULATIONS ON PRIVATE OFFERING OF SHARES AND BONDS

As prescribed in the 2014 Law on Enterprises, a shareholder or a group of shareholders must own 10% or more of total common ordinary shares for at least 6 consecutive...

 
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