Commentary

- 01 / 06 / 2021 -
From June 1, 2021, National Insurance Database officially deployed in Vietnam
Pursuant to the Government’s Resolution 71/NQ-CP 2020 issued on May 14, 2020 on the approval of the proposal to develop a Decree regulating the National Insurance Database, dated March 31, 2021 The Government has officially issued Decree 43/2021/ND-CP regulating the National Insurance Database (“Decree 43”). The following are notable points in Decree 43: Decree 43 […]
- 05 / 05 / 2021 -
Types and scope of transactions allowed to transaction between credit institutions operating foreign exchange
On March 31th, 2021, the State Bank of Vietnam issued Circular No. 02/2021/TT-NHNN instructs foreign currency transactions on the foreign currency market by credit institutions licensed to conduct foreign exchange operations. Accordingly, this Circular prescribes the type and scope of transactions permitted for transactions between credit institutions engaging in foreign exchange transactions: Credit institutions are […]
- 05 / 05 / 2021 -
New regulations governing educational activities
On March 19, 2021, the Government issued Decree 23/2021/ND-CP guiding Clause 3, Article 37 and Article 39 of the Law on Employment regarding employment service centers and employment service enterprises (“Decree 23”). In order to guide the Education Law 2019, on March 23, 2021, the Government issued Decree 24/2021/ND-CP regulating the management in preschool and […]
- 05 / 05 / 2021 -
New regulations on licensing conditions for employment services
On March 19, 2021, the Government issued Decree 23/2021/ND-CP guiding Clause 3, Article 37 and Article 39 of the Law on Employment regarding employment service centers and employment service enterprises (“Decree 23”). Accordingly, Article 14 of Decree 23 has changed the conditions for granting an Employment Service License (“License“), including 3 main groups of conditions, […]
- 05 / 05 / 2021 -
Increased training support for unemployment insurance payers
On March 31th, 2021, the Prime Minister issued Decision No.17/2021/QD-TTg regulating the vocational training support level for employees participating in unemployment insurance. This Decision takes effect from May 15, 2021.  According to Decision No.77/2014/QD-TTg, the maximum support level is VND 1,000,000/person/month regardless of the training period, but the Decision No.17/2021/QD-TTg has specified as follows:   […]
- 05 / 05 / 2021 -
To apply the tax extension policy in 2021, what procedures should Small and medium-sized enterprises carry out?
On April 19, 2021, the Government issued Decree 52/2021/ND-CP on extension of time limit for payment of value added tax, corporate income tax, personal income tax and land rental in 2021. (“Decree 52“), accordingly, Small and medium-sized enterprises (SMEs) are one of the subjects to be applied Decree 52. However, to apply the tax extension […]
- 05 / 05 / 2021 -
Small and medium-sized enterprises are allowed to extend the tax to be paid in 2021
On April 19, 2021, the Government issued Decree 52/2021/ND-CP on extension of time limit for payment of value added tax, corporate income tax, personal income tax and land rental in 2021. (“Decree 52“), accordingly, Small and medium-sized enterprises (SMEs) are one of the subjects to be applied Decree 52, specifically as follows: SMEs are eligible […]
- 05 / 05 / 2021 -
Things enterprises need to keep in mind when implementing the procedures to request VAT payment extension according to Decree 52/2021/ND-CP
On April 19, 2021, the Government issued Decree 52/2021/ND-CP on extension of time limit for payment of value added tax, corporate income tax, personal income tax and land rental in 2021. (“Decree 52“). The following will be the things that the enterprises should be considered when carrying out procedures to request VAT payment extension according […]