Commentary

- 07 / 09 / 2021 -
No need to supply copies of identification documents when implementing procedures for issuance of land use certificates
On June 30, 2021, the Ministry of Natural Resources and Environment issued Circular No. 09/2021/TT-BTNMT amending and supplementing a number of articles of circulars detailing and guiding the implementation of the Land Law. This document takes effect from September 1, 2021. According to Clause 5, Article 11 of Circular 09/2021/TT-BTNMT when the National Database on […]
- 02 / 08 / 2021 -
New point in service provision for foreign investors
On June 30, 2021, the Ministry of Finance issued Circular 51/2021/TT-BTC guiding the obligations of organizations and individuals in foreign investment activities on the Vietnamese stock market, issued by the Minister of Finance (“Circular 51”). Circular 51 replaces Circular No. 123/2015/TT-BTC dated August 18, 2015 of the Minister of Finance guiding foreign investment activities on […]
- 02 / 08 / 2021 -
New reporting regime related to foreign securities investment activities
On June 30, 2021, the Ministry of Finance issued Circular 51/2021/TT-BTC guiding the obligations of organizations and individuals in foreign investment activities on the Vietnamese stock market, issued by the Minister of Finance (“Circular 51”). Circular 51 replaces Circular No. 123/2015/TT-BTC dated August 18, 2015, of the Minister of Finance guiding foreign investment activities on […]
- 02 / 08 / 2021 -
Open an indirect investment capital account when participating in the stock market
On June 30, 2021, the Ministry of Finance issued Circular 51/2021/TT-BTC guiding the obligations of organizations and individuals in foreign investment activities on the Vietnamese stock market, issued by the Minister of Finance (“Circular 51”). Circular 51 replaces Circular No. 123/2015/TT-BTC dated August 18, 2015, of the Minister of Finance guiding foreign investment activities on […]
- 02 / 08 / 2021 -
Determination of the monthly salary for compulsory social insurance
On July 7, 2021, the Minister of Labor, War Invalids and Social Affairs issued Circular No. 06/2021/TT-BLDTBXH amending and supplementing some articles of Circular No. 59/2015/TT-BLDTBXH regulating detailing and guiding the implementation of some articles of the Law on Social Insurance regarding compulsory social insurance. Accordingly, one of the outstanding contents in this Circular is […]
- 02 / 08 / 2021 -
The principles of applying work grades to the classification of construction activity capacity
On June 30, 2021, the Minister of Construction issued Circular No. 06/2021/TT-BXD stipulating the classification of construction works and guiding their application in the management of construction investment activities (“Circular No. 06”). Circular 06 stipulates the principles of applying work grades to classify the construction activity capacity of organizations and individuals for the issuance of […]
- 02 / 08 / 2021 -
Principles of financial disposition during the equitization process
On June 23, 2021, the Ministry of Finance issued Circular No. 46/2021/TT-BTC guiding on financial handling and enterprise valuation when converting a State-owned enterprise/one-member limited liability company with 100% charter capital invested by the State-owned enterprise into a Joint Stock Company (“Circular 46”). Circular 46 replaces Circular 41/2018/TT-BTC. Accordingly, the financial handling when implementing equitization […]
- 02 / 08 / 2021 -
Principles for VAT and PIT of business households, business persons
June 1, 2021, The Ministry of Finance promulgates Circular No. 40/2021/TT-BTC provide guidance on value-added tax (VAT), personal income tax (PIT), and tax administration for business households and individuals. This Circular takes effect from August 1, 2021. Accordingly, the principles for calculating VAT and PIT of business households and individuals are determined as follows: First, […]