The Ministry of Construction is working on draft revisions of Decree 16 of 2022, proposing to raise the maximum administrative fine to VND 1 billion (USD 39,500) for various construction violations in real estate business and housing development.
The Ministry of Finance will announce the final draft circular regarding upgrading Vietnam's securities market and operating the Korea Exchange (KRX) system this week.
On June 28, 2024, the State Bank of Vietnam issues Circular No. 20/2024/TT-NHNN prescribing factoring and other services related to factoring of credit institutions, and foreign bank branches.
The Government issues the Decree No. 76/2024/ND-CP on amending and supplementing a number of articles of the Government’s Decree No. 20/2021/ND-CP providing social assistance policies for social protection beneficiaries.
The Ministry of Finance is proposing amendments to the Law on Corporate Income Tax, offering exemption on corporate taxes on income from green bond interest and carbon credits.
The Government has just approved the reduction in value-added tax (VAT) on goods and services from July 1 to December 31 this year, in conformity with Resolution 142/2024/QH15 adopted by the National Assembly on June 29.
On June 18, 2023, the State Bank of Vietnam hereby promulgates the Circular No. 06/2024/TT-NHNN on amending and supplementing a number of articles of Circular No. 02/2023/TT-NHNN on credit institutions and foreign bank branches carrying out debt rescheduling and maintaining loan categories in order to help their clients facing difficulties.
On June 07, 2024, the State Bank of Vietnam issues the Circular No. 05/2024/TT-NHNN on repealing a number of legal documents promulgated by the Governor of the State Bank of Vietnam.