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Application for deferral of tax payment is submitted only once for all time periods

Recently, the General Department of Taxation issues the Official Dispatch No. 05/CD-TCT, requesting the imperative implementation of the Decree No. 52/2021/ND-CP on extension of deadlines for payment of taxes and land rents accrued in 2021.

Supreme People’s Court provides instructions on implementation of Article 347, 348 and 349 of the Penal Code

These instructions are set out in the 2021 Official Dispatch No. 1557/VKSTC-V1 of the Supreme People’s Procuracy regarding instructions about implementation of Article 347, 348 and 349 in the 2015 Penal Code.

02 new administrative procedures for Vietnam’s outward investment

The Ministry of Planning and Investment issues the Decision No. 426/QD-BKHDT dated April 14, 2021 on announcement of new and amended administrative procedures for outward investment from Vietnam.

03 cases of exemption from the requirement for recognition of foreign qualifications are now known

On April 15, 2021, the Ministry of Education and Training issues the Circular No. 13/2021/TT-BGDDT regarding application and documentation requirements, application procedures for and authority over recognition of qualifications issued by foreign educational institutions for use in Vietnam.

Persons known to be considered as eligible applicants for entry to Vietnam

On April 27, 2021, the National Steering Committee on COVID-19 Prevention and Control issues the Official Dispatch No. 3440/CV-BCD, providing instructions on management of applicants for entry to Vietnam for disease prevention purposes.

New technical regulations regarding level-5 emission for automobiles are ready to take effect

On April 6, 2021, the Ministry of Transport promulgates the Circular No. 06/2021/TT-BGTVT on the national technical regulation on level-5 emission for brand-new manufactured, assembled and imported automobiles.

104 new administrative procedures in securities sector are now made known to the public

On January 7, 2021, the Ministry of Finance promulgates the Decision No. 12/QD-BTC, announcing new/invalidated administrative procedures in the securities sector.

Regulations on 03 cases of passport fee exemption are about to take effect as of May 22, 2021

The Ministry of Finance promulgates the Circular No. 25/2021/TT-BTC regarding the amounts, regimes for payment, collection, management and use of fees and charges in entry, exit, transit or immigration activities of Vietnam.

List of beneficiaries of 2021 tax deadline extension are now known

This is the significant content of the Decree No. 52/2021/ND-CP on extension of deadlines for payment of VAT, CIT and PIT and land rents in 2021.

New samples of documents related to investments in Vietnam are put to use

The Ministry of Planning and Investment promulgates the Circular No. 03/2021/TT-BKHDT, prescribing samples of documents and reports related investments in Vietnam, outward investments and investment promotion activities.

Livestock production fee schedule in force as of May 17, 2021

The Ministry of Finance promulgates the Circular No. 24/2021/TT-BTC regarding the amounts, approaches for payment, collection, management and use of livestock production fees.

Another Decree providing instructions on implementation of 2020 Enterprise Law is taking effect

On April 1, 2021, the Government promulgates the Decree No. 47/2021/NĐ-CP, elaborating on implementation of several Articles of the 2020 Enterprise Law.

From July 1, 2022, electronic stamps on cigarette and alcohol products are permitted

On March 30, 2021, the Ministry of Finance promulgates the Circular No. 23/2021/TT-BTC, providing instructions on printing, publishing, managing and using electronic stamps on alcohol and cigarette products.

Customers affected by Covid-19 are entitled to loan interest reduction

State Bank of Vietnam promulgates the Circular No. 03/2021/TT-NHNN amending the Circular No. 01/2020/TT-NHNN, concerning debt rescheduling, interest reduction or exemption or debt non-restructuring for the purpose of supporting customers stricken with Covid-19.

Regulations on types and scope of credit institutions’ permitted foreign currency transactions are about to take effect

This is the highlight of the Circular No. 02/2021/TT-NHNN, providing instructions about foreign exchange transactions of credit institutions licensed to provide foreign exchange services (briefly called authorized credit institutions).

New regulations on principles of revision of construction contracts take effect as of April 1, 2021

The Government has recently issued the Decree No. 50/2021/ND-CP amending the Decree No. 37/2015/ND-CP regarding construction contracts. Compared to the existing one, the Decree No. 37/2015 sets out several new regulations, including:

Regulations on term of securities issued by credit institutions are now ready to take effect

This is the highlight of the Circular No. 01/2021/TT-NHNN regarding issuance of domestic promissory notes, treasury bills, certificates of deposit or bonds by credit institutions and foreign bank branches.

Sectors and industries receiving investment incentives are now prescribed in 2020 Investment Law

This is the highlight of the Decree No. 31/2021/ND-CP, prescribing details and instructions about implementation of the 2020 Investment Law.

Online application for certificates of rights to use codes or barcodes

This is the highlight of the Circular No. 10/2020/TT-BKHCN, providing instructions for implementation of the Decree No. 132/2008/ND-CP and the Decree No. 74/2018/ND-CP regarding use of codes and barcodes.

Three ways to register e-tax transactions with tax authorities are about to apply

On March 18, 2021, the Ministry of Finance issues the Circular No. 19/2021/TT-BTC, providing guidance on performing electronic tax transactions.

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