Commentary

- 04 / 03 / 2021 -
Increase the fine for the group of violations on the use and publicity of diplomas and certificates in contravention of regulations
  On December 18, 2020, the Government issued Decree 04/2021/ND-CP stipulating the sanctioning of administrative violations in the field of education (“Decree 04“). Accordingly, Decree 04 has increased the fine for the group of violations on using and publishing diplomas and certificates in contravention of regulations. As follows: A fine of between VND 5,000,000 and […]
- 04 / 03 / 2021 -
New rules on the conditions for transferring land use rights in the form of subdivision and sale of land
On December 18, 2020, the Government issued 148/2020/ND-CP amending a number of Decrees guiding the Land Law (“Decree 148“). Accordingly, Decree 148 has new regulations on the conditions for transferring land use rights in the form of division of plots and sale of land plots. As follows: In Clause 17, Article 1 of Decree 148 […]
- 04 / 03 / 2021 -
Time of submission of certificate of origin of imported goods
On January 25, 2021, the Minister of Finance issued Circular No. 07/2021/TT-BTC prescribing the time for submitting certificates of origin of imported goods in the Free Trade Agreement between the Socialist Republic of Vietnam and the European Union (EVFTA). Specifically: The customs declarer shall submit the certificate of origin of imported goods at the time […]
- 04 / 03 / 2021 -
Cases of transfer of securities ownership are not required to be deposited
On December 31, 2020, the Ministry of Finance issued Circular No.119/2020/TT-BTC regulating the registration, depository, clearing and settlement of securities transactions. The Circular takes effect from 15th February, 2021.  In which, there are provisions for a number of cases where the transferor of securities ownership is not required to conduct the securities depository before the […]
- 04 / 03 / 2021 -
New requirements for projects on building material production
On February 9, 2021, the Government issued Decree No. 09/2021/ND-CP on Management of building materials. In this Decree, the contents of management of construction investment projects on production of building materials are recorded, specifically as follows: Firstly, the implementation of construction investment projects for construction of building materials production is carried out in accordance with […]
- 04 / 03 / 2021 -
Cancellation of the status of a public company in case of failure to meet the condition of a public company due to an organization, dissolution or bankruptcy
On December 31, 2020, the Ministry of Finance issued Circular No. 118/2020/TT-BTC guides some contents on offering, issuing securities, public offering, repurchasing shares, registering public companies and canceling the status of a public company. This Circular takes effect from February 15, 2021. One of the highlights of this document is related to the procedures for […]
- 04 / 03 / 2021 -
Imported or exported goods are not required to declare tax each time it arises
On January 22, 2021, the Minister of Finance issued Circular No. 06/2021/TT-BTC guiding the implementation of a number of articles of the Law on Tax Administration dated June 13, 2019 on tax administration of goods import, goods export. Accordingly, this Circular stipulates cases that import and export goods are not subject to tax declaration every […]
- 04 / 03 / 2021 -
Preferential tax exemption and reduction of corporate income tax for science and technology enterprises
On January 11, 2021, the Minister of Finance issued Circular No. 03/2021/TT-BTC guiding tax exemption and reduction of corporate income tax for science and technology enterprises. The Circular regulates for conditions for enjoying tax exemption and reduction of corporate income tax for science and technology enterprises as follows: The certificate of science and technology enterprise […]