On August 26, 2021, the Government issued Decree 80/2021/ND-CP detailing and guiding the implementation of some articles of the Law on Support for Small- and Medium-sized Enterprises (Decree 80), replacing Decree 39/2018/ND-CP (Decree 39). Inheriting several regulations of Decree 39, Decree 80 has also amended and supplemented many other contents of the previous document.
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Some 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 moreSome impacts of Circular No. 03/2021/TT-NHNN on enterprises
On April 02, 2021, the State Bank of Viet Nam issued Circular 03/2021/TT-NHNN on amending and supplementing some articles of Circular No. 01/2020/TT-NHNN providing instructions for credit institutions and branches of foreign banks on debt rescheduling, exemption or reduction of interest and fees, retention of debt category to assist borrowers affected by the Covid-19 pandemic which took effect on May 17, 2021.
Read moreComments on the Draft Decree replacing Decree 50/2016/ND-CP on sanctioning administrative violations in the field of planning and investment
In order to ensure the consistency of regulations on sanctions for handling administrative violations with relevant regulations in legal documents which have newly come into effect in the field of planning and investment and simultaneously enhance the efficiency of state management in this field, the Ministry of Planning and Investment has been developing the Draft Decree on sanctioning administrative violations in the field of planning and investment based on opinions of individuals and organizations.
Read moreNew regulation on securing the performance of obligations
In order to overcome the inadequacies and obstacles in civil transaction practice that Decree 163/2006/ND-CP on secured transactions issued under Civil Code 2005 has not yet resolved, on March 19, 2021, the Government has issued Decree 21/2021/ND-CP guiding on the implementation of Civil Code 2015’s regulations on securing the performance of obligations. This Decree has been effective since May 15, 2021.
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