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LEGAL NEWSLETTERS
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Highlights of the Draft Decree on personal data protection

In order to create a legal framework for information collection and processing, to strengthen the protection of personal information, as well as to combat illegal personal information trading and sharing, the Ministry of Public Security has been developing the Draft Decree on personal data protection based on opinions of individuals and organizations.

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New regulations on working conditions and labor relations

On December 14, 2020, the Government issued Decree 145/2020/ND-CP providing details and guidelines for the implementation of several articles of the Labor Code regarding working conditions and labor relations.

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Some new points of Securities Law 2019

After nearly 10 years of implementation, the Securities Law 2006 which was amended and supplemented in 2010 has revealed shortcomings and it is now no longer suitable with the development of the economy as well as compatible with the changes of relevant legal documents. Therefore, on November 26, 2019, the National Assembly passed the Securities Law 2019 to replace the Securities Law 2006 amended in 2010 and officially came into effect on January 1, 2021.

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Notable changes of Law on Investment 2020

Inheriting the achievements as well as overcoming limitations of the Law on Investment 2014 after nearly 6 years of implementation, the Law on Investment 2020 was adopted by the National Assembly and came into force on January 01, 2021.

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Some new stipulations in tax sector

With the aim of creating favorable condition for enterprises, organizations, etc. to improve technological infrastructure in accordance with the regulations on electronic invoices, the Government has promulgated Decree 123/2020/ND-CP to replace Decree 119/2018/ND-CP providing stipulations on electronic invoices in goods transaction and services provision. Simultaneously, in order to enhance efficiency in tax administration management, the Government promulgated Decree 125/2020/ND-CP providing regulations on sanction for administrative violations of taxes and invoices.

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