Legal newsletter

AASC would like to invite the readers to use the Newsletter No. 02 2019 as reference including the following important highlights:

- Private tax rulings
- Regulations on accounting, auditing including:
+ Regulations on internal audit carried out by state regulatory authorities, state-owned public service units and enterprises
+ Guidance on accounting of Social Insurance
+ Guidance on accounting regimes of extra-small enterprises
- Regulations on Credit, Securities
+ Regulations on time limits, processes and procedures for transition applied to cases in which major shareholders of a credit institution and related persons thereof own shares equaling at least 5% of charter capital of another credit institution
+ Regulations on prices of services in securities
- General Provisions on Enterprise Operations
+ Regulations on the exercise of rights, responsibilities of the State owner.
+ Amendments and supplement to some provisions on guidance on enterprise registration

Download attached file: Newsletter No. 02.2019

AASC would like to invite the readers to use the Newsletter No. 01 2019 as reference including the following important highlights:
- Amending, supplementing guidance on the implementation of number of articles of the Law on Environmental Protection Tax
- Private tax rulings
- Other regulations including:
+ Regulations on e-transactions in financial operations
+ Regulations on issuance of corporate bond
+ The program of cutting costs for enterprises
+ Regulations on self-inspection of compliance with the labor law performed by enterprises
+ Guidance on repurchase, swap of the Government’s debt instrument, bonds issued under the Government’s guarantee and issuance of municipal bonds in the domestic market
+ Amending tariff of charges for payment services via the State Bank of Vietnam
+ Guidance on determination of State capital in equitized enterprises regarding credit institutions
+ Guidance on conversion of foreign currency procedures by the State bank for the projects guaranteed or undertaken by the Government.

Download attached file: Newsletter No. 01.2019

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