Commentary

- 05 / 10 / 2020 -
30% reduction of CIT payable in 2020
On September 25, 2020, the Government issued Decree No. 114/2020/ND-CP, detailing the implementation of the National Assembly’s Resolution No. 116/2020/QH14 on corporate income tax (“CIT”) payable in 2020 for enterprises, cooperatives, non-business units and other organizations (“Decree 114/2020/ND-CP“). Accordingly, enterprises that meet the following conditions will receive a 30% reduction in CIT payable in 2020, […]
- 05 / 10 / 2020 -
The guiding the implementation of rooftop solar power development
On September 22, 2020, the Ministry of Industry and Trade issued Official Letter No. 7088/BCT-DL in 2020 guiding the implementation of rooftop solar power development. This Official Letter takes effect from the date of its issue. Currently, there are quite a few questions about understanding what is Rooftop solar systems, or on what basis the […]
- 05 / 10 / 2020 -
List of scrap permitted to be imported from abroad to be used as raw production materials
On September 24, 2020, the Prime Minister issued Decision 28/2020/QD-TTg regulating the List of scrap permitted to be imported from abroad for use as raw production materials. Accordingly, this category includes: Iron and steel scrap: Waste and scrap of cast iron; Scrap and fragments of alloy steel: of stainless steel; Waste and scrap of alloy […]
- 05 / 10 / 2020 -
Private enterprise directly transformed into Joint Stock Company
On June 17, 2020, the National Assembly promulgated the Enterprise Law 2020 stipulating the establishment, management organization, reorganization, dissolution and operation. related business, including limited liability companies, joint stock companies, partnerships and private enterprises; regulations on group of companies. Accordingly, the Enterprise Law 2020 allows a private enterprise to be directly converted into a joint […]
- 05 / 10 / 2020 -
Conditions for issuing non-convertible bonds and bonds without warrants
On July 9 th ,2020, the Government issued Decree No.81/2020/ND-CP mendments to the government’s decree no. 163/2018/nd-cp dated december 04 th , 2018 on issuance of corporate bonds, the document takes effect from September 1 st , 2020. One of the adjustments and supplements that are considered outstanding is the conditions for issuing non-convertible bonds […]
- 03 / 09 / 2020 -
Non-conduction of mediation or dialogue at Court
On June 16, 2020, the 14th National Assembly voted to pass the Law on Mediation and Dialogue at the Court. This new law has specified the cases where mediation and dialogue are not conducted in court. As follows: Non-conduction of mediation or dialogue at Court (Article 19 Law on mediation or dialogue at Court) Claim […]
- 03 / 09 / 2020 -
The Role of the Mediator in procedures for mediation and dialogue at Court under the Law on Mediation, Dialogue at Court
On June 16, 2020, the 14th National Assembly voted to pass the Law on Mediation and Dialogue at Court. This new law defines the role of the Mediator in the mediation and dialogue proceedings at the Court. As follows: Preparation for mediation or dialogue at court (Article 21 – Law on Mediation, Dialogue at Court) […]
- 03 / 09 / 2020 -
Conditions for becoming a Mediator under the Law on Mediation, Dialogue in Court
Conditions for becoming a Mediator under the Law on Mediation, Dialogue in Court On June 16, 2020, the 14th National Assembly voted to pass the Law on Mediation and Dialogue at the Court. This new law fully specifies the criteria for a Mediator as well as the order, procedures, and authority to choose and appoint. […]