Commentary

On 15/11/2018, Ministry of Finance promulgated Circular No. 112/2018/TT-BTC amending and supplement some of the articles in Circular No. 174/2015/TT-BTC on 10/11/2015 guiding the accounting of other tax and revenue operations for export and import goods. This Circular takes effect from 01/01/2019. Accordingly, Circular No. 112/2018/TT-BTC amending and supplementing regulations on making, signing and keeping […]

On 01/11/2018, Ministry of Finance promulgated Circular No. 99/2018/TT-BTC guiding on making the consolidated financial report of State Accountant entity is superior accounting units. This Circular takes effect from 01/01/2019. Accordingly, Circular No. 99/2018/TT-BTC applies for state accounting units include: state agencies; public administrative units; organizations and units which using State budget; project management having […]

On November 7th, 2018, the Government issued Decree No. 149/2018/ND-CP detailing Clause 3, Article 63 of the Labor Code on implementing democratic regulations in the workplace. This Decree takes effect on January 1th, 2019. Accordingly, the employer must declare: The situation of implementing production and business tasks; rules, regulations and other regulations of enterprises relating […]

On November 16th, 2018, the Government issued Decree No. 157/2018/ND-CP regulating on the regional minimum wage for an employee working under labor contracts. This Decree takes effect from January 1st,2019. Accordingly, the subjects of application include: Employee; Enterprises, Cooperatives, Cooperative unions, Cooperative groups, farms, households, individuals and other Vietnamese organizations that hire employee under labor […]

On 11/11/2018, the Ministry of Defense issued Circular No. 162/2018/TT-BQP guiding the implementation of a special allowance regime for the defense force of the Ministry of Defense. This Circular takes effect from December 26th, 2018. Accordingly, Circular No. 162/2018/TT-BQP applies to officer and professional military at the Defense Department under the Department of Military Security […]

On 07/11/2018, the Government issued Decree No. 152/2018/ND-CP regulating some regimes for coaches and athletes during the training and competition period. This Decree takes effect on December 24th, 2018. Accordingly, Decree 152/2018/ND-CP stipulates the following regimes: • Salary; support money for training and competition; • Social insurance; Health Insurance; unemployment insurance; insurance for occupational accidents […]

On 12/11/2018, the National Assembly issued Resolution No. 72/2018/QH14 Ratification of Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and Relevant Documents. The resolution takes effect from December 27, 2018. Accordingly, an organization of CPTPP implementation the Comprehensive and Progressive Agreement for Trans-Pacific Partnership is conducted as follows: – The Government, the People’s Supreme Court, […]

On November 8, 2018, the National Assembly issued Resolution No. 69/2018/QH14 on the socio-economic development plan for 2019. The resolution takes effect from December 23, 2018. Accordingly, the National Assembly has set out the main tasks and solutions for specific plans on socio-economic development in 2019. Specifically as follows: – Strengthening capacity, proactively analyzing, forecasting, […]