Commentary

- 11 / 08 / 2019 -
Internet Banking software cannot use the password remember feature
On 24/12/2018, the State Bank issued Circular No. 35/2018/TT-NHNN for the provision of Internet banking services issued by the State Bank of Vietnam. Accordingly, this Circular takes effect from 01/07/2019. According to Clause 6 Article 1 of Circular No. 35/2018/TT-NHNN dated December 24, 2018 of the State Bank of Vietnam: Amending and supplementing a number […]
- 11 / 08 / 2019 -
Guidance on foreign exchange management for foreign direct investment in Vietnam
On June 26, 2019, the State Bank of Vietnam issued Circular No. 06/2019/TT-NHNN on guidance on foreign exchange management for foreign direct investment in Vietnam. This Circular comes into effect from September 06, 2019. The Circular contains several new regulations in comparison with its predecessor (i.e. Circular No. 19/2014/TT-NHNN) as follows: 1. According to Article […]
- 04 / 08 / 2019 -
Deceptive enterprises receiving technology transfer incentives are fined up to VND 40 million
On June 13, 2019, the Government issued Decree No. 51/2019/ND-CP stipulating penalties for administrative violations in scientific and technological activities and technology transfer. The Decree takes effect from August 1, 2019. Accordingly, the Government still retains the maximum fine level in scientific and technological activities, technology transfer for individuals is 50 million VND, with organizations […]
- 04 / 08 / 2019 -
Adding 03 cases of temporary suspension of operation of “.vn” domain names
On July 19, 2019, the Ministry of Information and Communications issued Circular 06/2019/TT-BTTTT amending and supplementing a number of articles of Circular No. 24/2015/TT-BTTTT of August 18, 2015 of Minister of Information and Communication regulates the management and use of internet resources. Circular 06/2019 / TT-BTTTT has many new content added. In particular, the highlight […]
- 04 / 08 / 2019 -
Cases of direct payment of medical examination and treatment costs under health insurance
On June, 06, 2019, Ministry of Health issued Circular No. 09/2019/TT-BYT guiding the evaluation of conditions for signing contracts for initial medical examination and treatment, specializing in the implementation of sub-clinical services and some cases of direct payment of expenses in examination Health insurance, health insurance issued by the Minister of Health 10/06/2019 takes effect […]
- 04 / 08 / 2019 -
Investment costs are defined as reasonable expenses when deducting expenses for employee working in industrial parks and economic zones
On July 12, 2019, the Ministry of Finance issued Circular No. 43/2019/TT-BTC stipulating investment costs determined as reasonable expenses when deducting expenses for employee working in industrial zones and economic zones, Circular 43/2019 / TT-BTC takes effect from August 26, 2019. Accordingly, Circular 43/2019 / TT-BTC regulates investment costs determined as reasonable expenses when deducting […]
- 04 / 08 / 2019 -
Guidance on foreign exchange management for foreign direct investment in Vietnam
On June 26, 2019, the State Bank issued Circular No. 06/2019/TT-NHNN providing guidelines on foreign exchange management for foreign direct investment activities into Vietnam effective on 06 September 9, 2019. Accordingly, Circular No. 06/2019 / TT-NHNN has the following outstanding contents: – Foreign investors and Vietnamese investors are entitled to make investment capital contribution in […]
- 04 / 08 / 2019 -
Small and medium enterprises are supported with legal consultancy costs
On June 24, 2019, the Government issued Decree 55/2019 / ND-CP on legal support for small and medium enterprises. Accordingly, small and medium enterprises are supported with legal consultancy costs with the following levels: – Microenterprises are supported 100% of legal consultancy costs according to the written agreement on provision of legal consultancy services between […]