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SBV provides VND 15 trillion-credit package to support forestry, fishery businesses

SBV provides VND 15 trillion-credit package to support forestry, fishery businesses

On July 19, the State Bank of Vietnam (SBV) issued Document 5631/NHNN-TD, guiding commercial banks to implement a credit package, worth VND 15 trillion (USD 641 million), for businesses in the forestry and fishery sector.

Stiffer safety requirements for oil and gas facilities

Stiffer safety requirements for oil and gas facilities

Fees for citizen ID card issuance and other 35 fees from July 01, 2023

Incentives for investment in self-consumption rooftop solar power

Rates of the charge for granting certificates of origin (C/Os) from July 21, 2023

Violators of audit-related regulations to be fined up to VND 100 million

Violators of audit-related regulations to be fined up to VND 100 million

Violators of audit-related regulations to be fined up to VND 100 million

From May 1, the effective date of the 2023 Ordinance on Sanctioning of Administrative Violations in the Field of State Audit, the maximum fine to be imposed on an institutional violator is VND 100 million; for an individual violator, this level is half, i.e., VND 50 million.

July 11, 2023

Law on Water Resources to be revised for sustainable use of water resources

Law on Water Resources to be revised for sustainable use of water resources

Law on Water Resources to be revised for sustainable use of water resources

The Ministry of Natural Resources and Environment has recently unveiled a draft amended Law on Water Resources, proposing a number of noteworthy regulations on assurance of water security; protection of water resources; and mobilization of social sources for water development, among others.

July 11, 2023

Decree on pilot auction of automobiles’ number plates from July 01, 2023

Decree on pilot auction of automobiles’ number plates from July 01, 2023

Decree on pilot auction of automobiles’ number plates from July 01, 2023

On June 26, 2023, the Government hereby issues Decree No. 39/2023/ND-CP detailing a number of articles of Resolution No. 73/2022/QH15 dated November 15, 2022, on the pilot auction of automobiles’ number plates.

July 10, 2023

10 demands ineligible for borrowing loans from September 01, 2023

10 demands ineligible for borrowing loans from September 01, 2023

10 demands ineligible for borrowing loans from September 01, 2023

On June 28, 2023, the State Bank of Vietnam issues Circular No. 06/2023/TT-NHNN on amending and supplementing a number of articles of Circular No. 39/2016/TT-NHNN prescribing the provision of loans by credit institutions and foreign bank branches to clients.

July 07, 2023

Decree on stipulating the policy on value-added tax reduction from July 01, 2023

Decree on stipulating the policy on value-added tax reduction from July 01, 2023

Decree on stipulating the policy on value-added tax reduction from July 01, 2023

On June 30, 2023, the Government issues the Decree No. 44/2023/ND-CP stipulating the policy on value-added tax reduction from July 01, 2023.

July 04, 2023

Adjustments to Hanoi Master Plan: Urban development space on both sides of Ring Road 4

Adjustments to Hanoi Master Plan: Urban development space on both sides of Ring Road 4

Adjustments to Hanoi Master Plan: Urban development space on both sides of Ring Road 4

On June 06, 2023, the Prime Minister issues the Decision No. 700/QD-TTg dated June 16, 2023 on approving adjustments to Hanoi Master Plan by 2045, with a vision towards 2065

June 30, 2023

New Decree on registration fee rates for domestically manufactured automobiles from July 01, 2023

New Decree on registration fee rates for domestically manufactured automobiles from July 01, 2023

New Decree on registration fee rates for domestically manufactured automobiles from July 01, 2023

The Government hereby issues Decree No. 41/2023/ND-CP prescribing registration fee rates for automobiles, trailers, or semi-trailers pulled by automobiles and vehicles like domestically manufactured and assembled automobiles.

June 28, 2023

Amend the Decree on the management of land border gates

Amend the Decree on the management of land border gates

Amend the Decree on the management of land border gates

On June 16, 2023, the Government issues Decree No. 34/2023/ND-CP on amending and supplementing a number of articles of Decree No. 112/2014/ND-CP dated November 21, 2014, of the Government providing the management of land border gates.

June 23, 2023

Extension of deadlines for excise tax payment for domestically manufactured, assembled automobiles

Extension of deadlines for excise tax payment for domestically manufactured, assembled automobiles

Extension of deadlines for excise tax payment for domestically manufactured, assembled automobiles

On June 21, 2023, the Government hereby promulgates the Decree No. 36/2023/ND-CP on the extension of deadlines for excise tax payment for domestically manufactured or assembled automobiles.

June 22, 2023

The National Assembly Standing Committee approves the reduction of VAT of 8% from July 01, 2023

The National Assembly Standing Committee approves the reduction of VAT of 8% from July 01, 2023

The National Assembly Standing Committee approves the reduction of VAT of 8% from July 01, 2023

The General Secretary of the National Assembly issues the Notice No. 2298/TB-TTKHQ on the conclusion of the National Assembly Standing Committee on projects under the National Assembly's Resolution on reduction of value-added tax.

June 21, 2023

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Investment policy
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New policies take effect on today (April 03, 2023)

New policies take effect on today (April 03, 2023)

Guidance on one-way money transfer abroad from Vietnam

Guidance on one-way money transfer abroad from Vietnam

Six new laws take effect on March 1

Six new laws take effect on March 1

The National Assembly Standing Committee approves the reduction of VAT of 8% from July 01, 2023

The National Assembly Standing Committee approves the reduction of VAT of 8% from July 01, 2023

How can foreigners register vehicles in Vietnam?

How can foreigners register vehicles in Vietnam?

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License No. 692/GP-TTĐT dated October 29, 2010 issued by the Department of Information and Communications of Hanoi for the establishment of general electronic information page, replaces the License No. 322/GP - BC dated July 26, 2007 issued by the Ministry of Information and Communications

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