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LEGAL UPDATE / POLICY

SIX NEW LAWS ANNOUNCED

The Presidential Office on July 12 organized a press conference to announce six new laws which were approved at the third session of the 14th National Assembly.

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LEGAL UPDATE / POLICY

NEW POLICIES TAKE EFFECT FROM JULY

Many policies concerning maritime, taxation, investment, insurance and Pangasius fish farming have taken effect from July.

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LEGAL UPDATE / POLICY

16 LEGAL DOCUMENTS ISSUED IN MARCH

The Government and the PM issued 16 legal documents, including 10 Decrees and six Decisions in March 2017. The Government issued a Decree No. 23/2017/NĐ-CP on amending and supplementing Decree No. 162/2013/NĐ-CP on sanctioning administrative violations in the sea areas and the continental shelf of Viet Nam.

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LEGAL UPDATE / POLICY

POLICIES TAKE EFFECT IN MAY

From May 5, acts of delivering advertisement brochures, if causing negative impacts on social and traffic order and safety, shall be fined from VND 200,000 to VND 500,000.

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LEGAL UPDATE / POLICY

GRANT THORNTON: TAX NEWSLETTER 4/2017

In this newsletter, Grant Thornton Vietnam would like to update you on the tax regulations on deals between individuals doing business with Uber, Agoda.com, Traveloka.com, Booking.com, Expedia.com... as follows:

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LEGAL UPDATE / POLICY

DELOITTE: DECREE NO.20/2017/ND-CP DATE 24 FEBRUARY 2017 GUIDING TAX MANAGEMENT ONTRANSFER PRICING IN ENTERPRISE

The Government of Vietnam has officially issued Decree No. 20/2017/ND-CP dated 24 February 2017 (“Decree 20”) guiding tax compliance for enterprises having related party transactions. The Decree will be effective from 1 May 2017.

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LEGAL UPDATE / POLICY

FRESH POLICIES TAKE EFFECT IN APRIL

A string of new policies on trade reconciliation, energy labeling, cash collection and expenditure, financial management mechanism for Viet Nam Electricity Group (EVN) will come into effect in April.

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LEGAL UPDATE / POLICY

NEW POLICIES TAKE EFFECT IN MARCH

A string of new policies on certificates of land use rights, casino business activities for Vietnamese residents, horse and greyhound racing and international football betting, and government guarantee come into force in March.


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