Legal Updates

Decree 85/2021/ND-CP amending and supplementing a number of articles of Decree 52/2013/ND-CP on E-commerce

On September 25, 2021, the Government issued Decree 85/2021/ND-CP (hereinafter referred to as “Decree 85/2021“), amending and supplementing a number of articles of Decree 52/2013/ND-CP (hereinafter referred to as “Decree 52/2013“) on e-commerce. This article covers new notable regulations in Decree 85/2021, specifically as follows: 1.         Supplementing logistics services as the subject of e-commerce […]

Amending provisions on cooperation and investment with foreign investors in education

Decree No. 86/2018/ND-CP regulating on foreign cooperation and investment in education was issued on 6 June 2018 and took effect from 1 August 2018 (hereinafter referred to as Decree 86/2018). After 3 years of implementation, in addition to remarkable results in creating a legal framework for a foreign entity participating in the educational development of […]

The regulations of personal income tax on phone call and mid-shift meal allowances

On 17 September 2021, the Hanoi Tax Department explained in writing the concerns Giao Hang Tiet Kiem Company regarding personal income tax (PIT) related to phone calls and mid-shift meal allowances. In order to meeting the conditions to exempt the reimbursement of phone calls and mid-shift meals from PIT and to be deductible expense, companies […]

Regulation of rescheduling the debt according to Circular No. 14/2021/TT-NHNN

On 7 September 2021, State Bank approved the Circular 14/2021/TT-NHNN (“Circular 14”) which adjust the Circular No. 01/2020/TT-NHNN dated March 13, 2020 of the Governor of the State Bank of Vietnam stipulating that credit institutions and foreign bank branches restructure the repayment term, exempt or reduce interest and fees, maintaining the debt group to support […]