On September 30, 2022, the State Bank of Vietnam promulgated Circular 12/2022/TT-NHNN on guidelines for foreign exchange administration in respect of enterprises’ foreign borrowing and repayment, replacing Circular 03/2016/TT-NHNN and its amendments and supplements (Circular 05/2016/TT-NHNN, Circular 05/2017/TT-NHNN). This Circular 12 took effect from November 15, 2022.
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Some new points on tax obligations when setting up and using enterprises’ Science and Technology Development Fund
On November 7, 2022, the Ministry of Finance issued Circular 67/2022/TT-BTC providing guidelines for tax obligations when enterprises set up and use their Science and Technology Development Funds. Circular 67 amends, supplements, and annuls a number of provisions in Joint Circular 12/2016/TTLT-BKHCN-BTC providing guidelines for the allocation and management of the science and technology development fund in enterprises. Circular 67 shall take effect from December 23, 2022.
Read moreSome new points related to bank guarantee
Circular 11/2022/TT-NHNN regulating the bank guarantee has been issued to replace Circular 07/2015/TT-NHNN stipulating the bank guarantee and Circular 13/2017/TT-NHNN amending and supplementing a number of articles of Circular 07/2015/TT-NHNN. Circular 11 will take effect from April 1, 2023.
Read moreNew provisions on offer and trading of privately placed corporate bonds
On September 16, 2022, the Government promulgated Decree 65/2022/ND-CP amending and supplementing some articles of Decree 153/2020/ND-CP on offer and trading of privately placed corporate bonds in the domestic market and offer of corporate bonds to the international market.
Read moreSome outstanding regulations on registration and operation management of foreign non-governmental organizations in Viet Nam
On August 31, 2022, Decree 58/2022/ND-CP was issued by the Government on the registration and operation management of foreign non-governmental organizations in Viet Nam. This Decree replaces Decree 12/2012/ND-CP and will take effect from November 1, 2022.
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