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.
Read moreNew regulations guiding implementation of some articles of the Social Insurance Law on compulsory social insurance
On July 7, 2021, the Ministry of Labor, War Invalids and Social Affairs issued Circular 06/2021/TT-BLDTBXH amending Circular 59/2015/TT-BLDTBXH guiding the implementation of some articles of the Social Insurance Law on compulsory social insurance.
Read moreSome new stipulations on initial share sale of equitized enterprises
On May 17, 2021, the Ministry of Finance promulgated Circular 32/2021/TT-BTC guiding the initial sale of shares and the management and use of income obtained from the equitization of a state-owned enter-prise and from the conversion into a joint stock company of a single-member limited liability company with 100% of its charter capital invested by a State-owned Company.
Read moreKey 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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