Legal newsletter

AASC would like to invite the readers to use the Newsletter No. 12 2018 as reference including the following important highlights:
- Abolishing several Circulars on import and export duty
- Private tax rulings
- Regulations on State management – Banking including:
+ Detailed regulation elaborates and provides guidance on measures to implement certain Articles of the Law on Health Insurance
+ Amending and supplementing regulations on business conditions of maritime sector
+ Guidance on preparation of combined financial statements of State accounting units who are a superior accounting unit
+ Amending and supplementing some guidance on the accounting operations of tax and other revenues to imported and exported goods
+ Regulations on cases of freezing of capital and assets of branches of foreign banks of the State bank
+ Guidance on the credit policy for agricultural and rural development of the State bank.

Download attached file: Newsletter No. 12.2018

AASC would like to invite the readers to use the Newsletter No. 11 2018 as reference including the following important highlights:

- Amendments and supplements to number of regulations on enforcement of tax decisions
- Private tax rulings.
- Other regulations on State management including:
+ Amending and supplementing regulations prescribing penalties for violations against regulations on multi-level marketing
+ Amendments to business conditions in fields under the management of Ministry of Finance
+ Amending certain provisions on investment and business requirements, and administrative procedures in the information and communications sector
+ Amending and supplementing certain contents of the Labor Code
+ Guidance on the Law on Social Insurance and the Law on Occupational Safety and Hygiene regarding the compulsory social insurance (SI) for employees who are foreign nationals working in Vietnam
+ Amendment and supplement to a number of provisions on management and use of official development assistance and concessional loans granted by foreign sponsors
+ Guidance and issuance of templates for outward investment
+ Guidance on execution of grassroots-level democracy at workplace
+ Policy on adjustment of pension for female employees from 2018 to 2021

Download attached file: Newsletter No. 11.2018

AASC would like to invite the readers to use the Newsletter No. 10 2018 as reference including the following important highlights:

- Tax policies and guidance documents.
- Other regulations on State management including:
+ Regulations on electronic invoices for sale of goods and provision of services
+ Amendments to the Labor Code in terms of wages
+ Regulations on the credit policy for agricultural and rural development
+ Regulations on digital signatures and digital signature certification service
+ Regulations on protection of confidentiality and provision of client information of credit institutions and foreign banks’ branches

Download attached file: Newsletter No. 10.2018

AASC would like to invite the readers to use the Newsletter No. 8 & 9 2018 as reference including the following important highlights:

- Tax policies and guidance documents.
- State management on investment including:
+ Amendment and supplement to provisions of enterprise registration
+ Amendment and supplement to provisions of state capital invested in enterprises, use and management of capital and assets in enterprises
+ Guidance on implementation of investment incentive
+ Implementation and solutions for handling difficulties on mechanisms and policies related to construction and investment
+ Promulgating the Organization and Operation of the Vietnam National Coal - Mineral Industries Holding Corporation Limited
+ Guidance on the accounting regime applicable to loans and debt repayment of the Government, local administrations, statistics and monitoring of on-lending and the Government’s guarantee
+ Issuance of Model Statute on auction of shares
+ Guidance on Foreign exchange management in the Vietnam-China trade border area

Download attached file: Newsletter No. 08 & 09.2018

AASC would like to invite the readers to use the Newsletter No. 7 2018 as reference including the following important highlights:

- Tax policies and guidance documents.
- Other regulations including:
+ Regulations on provision and management of government guarantee
+ Regulations on collection level, payment method, management and use of appraisal fees of Environmental Impact Assessment (EIA) report conducted by State agencies
+ Regulations on on-lending of ODA loan, concessional loans
+ Regulation on Local administration debt
+ Competition Law 2018
+ Regulations on issuance, registration, depository, issuing and trading of the Government’s debt instruments on stock market
+ Regulations on purchase of corporate bonds by credit institutions and branches of foreign banks

Download attached file: Newsletter No. 7.2018

AASC would like to invite the readers to use the Newsletter No. 6 2018 as reference including the following important highlights:

- Tax policies and guidance documents.
- Regulations on State Management including:
+ The Government’s Decree No. 63/2018/ND-CP on the investment in the form of Public-Private Partnerships (PPP)
+ Regulations on the management and use of properties formed through the implementation of scientific and technology tasks funded by the State capital
+ Regulations on statutory pay rate for public officials and public employees and the armed forces.
+ Regulations on management of industrial parks and economic zones
+ Regulations on guidelines for initial share offering and management and use of proceeds from the equitization of state-owned enterprises and single-member limited liability companies with 100% charter capital invested by state
+ Guidance on financial settlement and business valuation in transformation of State owned enterprises and one member limited liability Company own by the State into Joint Stock Company
+ Management regime, depreciation of fixed assets at State agencies, public units, units of the people's armed forces, agencies of the Communist Party of Vietnam and organizations using the state budget
+ Promulgation of standard of information, forms of documents declared when carrying out entry, exit and transit formalities for vehicles through air, sea, railway, land and river border gates
- Regulations on Banking – Securities:
+ Newly regulated, supplemented and amended administrative procedures in the securities sector under the management of Ministry of Finance
+ Regulations on operation network of credit funds which are cooperatives
+ Regulations on internal control system of commercial banks, foreign branch bank
+ Regulations on compulsory preserve ratio of credit institution, foreign branch bank.

 Download attached file: Newsletter No. 6.2018

AASC would like to invite the readers to use the Newsletter No. 5 2018 as reference including the following important highlights:

- Tax policies and guidance documents.
- Other regulations including:
+ Amendments and supplements to certain articles on customs procedures, examination, supervision and control procedures
+ Prescribing administrative penalties for violations arising in the fertilizer sector
+ Amendments to regulations of Commercial Law on activities of goods sale and purchase through the goods exchange.
+ Amendments and supplements to certain articles on State capital investment in enterprises, use and management of capital and assets in enterprises
+ Guidelines on accounting procedures for covered warrants of securities issuing organization
+ Criteria, authorization, order and procedures for recognizing hi-tech agriculture enterprises

Download attached file: Newsletter No. 5.2018

AASC would like to invite the readers to use the Newsletter No. 4 2018 as reference including the following important highlights:
- New regulations on sanctioning in domains of accounting and auditing
- Other regulations, including:
+ Some new regulations on Tax policies
+ Other financial documents
+ Some guideline documents on financial, banking management

Download attached file: Newsletter No. 4.2018

 

AASC would like to invite the readers to use the Newsletter No. 2&3 2018 as reference including the following important highlights:

- Tax policies and guidance documents.
+ Amendments and supplements to a number of articles on land and water surface rents
+ Amendments and supplements to a number of articles on collection of land use levy for households and individuals
+ Guidance on management and supervision of casino tax collection
+ Private tax rulings.
- Other regulations on management:
+ Regulations on provision of logistics services
+ Guidelines for the Law on Commerce and the Law on Foreign Trade Management regarding sale of goods and other activities directly related to sale of goods of foreign investors and foreign-invested business entities in Vietnam
+ Detailed guidance on methods of determining the cost of mineral prospecting, mineral exploration costs to be refunded, mode of refund; Prescribing the regime of collection, management and use of expenses for assessment of mineral potentials and mineral exploration invested by the State
+ Promulgating Vietnamese Valuation Standard 12
+ Guidance on e-transactions on securities
+ Promulgating regulation on guiding the offering and prevention of risk of secured warrant
+ State bank’s new regulations.

Download attached file: Newsletter No. 2&3.2018

AASC would like to invite the readers to use the Newsletter No. 1 2018 as reference including the following important highlights:
- Tax policies and guidance documents
- Other regulations, including:
+ Amendments and supplements to some Articles of the Law on credit institutions
+ The region-based minimum wages applied to employees working under labor contracts
+ Handling of issues regarding equitization of State own enterprises
- Newly issued laws and laws take effect from 2018

Download attached file: Newsletter No. 1.2018