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LEGAL COMMENTS
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Feasibility study on the development of a comprehensive strategy to strengthen legal awareness, focusing on improving legal awareness on rights and guaranteeing the exercise of the rights of vulnerable groups

From the analysis, the Study has identified a number of principles to guide the development of a Strategy or Program to raise people’s legal awareness, focusing on vulnerable groups.

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New points on loan rescheduling, exemption or reduction of interests and fees, retention of loan categories to assist borrowers affected by Covid-19 pandemic

On September 7, 2021, the State Bank of Viet Nam issued Circular 14/2021/TT-NHNN to amend and supplement a number of articles of Circular 01/2020/TT-NHNN providing instructions for credit institutions and branches of foreign banks on loan rescheduling, exemption or reduction of interests and fees, retention of loan categories to assist the borrowers affected by Covid-19 pandemic. This Circular takes effect from the date of issuance.

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Some outstanding provisions in the Draft Resolution guiding the application of compensation for non-contractual damage

After more than 15 years of implementation, Resolution 03/2006/NQ-HDTP guiding the application of a number of provisions of Civil Code 2005 on compensation for non-contractual damage promulgated by the Judges’ Council of the Supreme People’s Court has revealed many obstacles and inadequacies. To overcome the above obstacles and inadequacies, the Supreme People’s Court is drafting a Draft Resolution guiding the application of a number of provisions of the Civil Code 2015 on compensation for non-contractual damage to replace Resolution 03.

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Key changes in the Advance Pricing Agreement

On June 18, 2021, the Ministry of Finance issued Circular No. 45/2021/TT-BTC guiding the application of the Advance Pricing Agreement (APA) in tax administration for enterprises with related-party transactions. This Circular takes effect from August 3, 2021 and replaces Circular No. 201/2013/TT-BTC guiding APA application issued previously.

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Some new regulations on preliminary environmental impact assessment

On May 21, 2021, the Government issued Decree 54/2021/ND-CP on preliminary environmental impact assessment to replace Article 12 of Decree 40/2020/ND-CP. This Decree came into force from the date of signing.

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