Asia Legal would like to inform all our Clients, Partners and Colleagues about the change of our New Logo, Website and Corporation Identify Program from November 2021, specifically as follows: 1. Logo Since the establishment and development of Asia Legal, we have always prioritized the quality of legal services and constantly improved, upgraded our services […]
On October 11, 2021, the State Bank of Vietnam announced the Draft amending and supplementing a number of articles of Circular 09/2015/TT-NHNN (“Circular 09“) on debt purchase and sale of financial institutions and foreign bank branches. This article includes a few prominent new regulations as follows: 1. Clearly define the scope of application for non-performing […]
Circular 03/2016/TT-NHNN dated February 26, 2016, providing several instructions on foreign exchange management for enterprise’s foreign borrowing and foreign debt repayment (hereinafter referred to as “Circular 03”) has been promulgated for 5 years. With the current trend of international integration, foreign borrowing and foreign debt repayment activities are growing strongly, reflected in the increasing scale […]
On October 19, 2021, the National Assembly Standing Committee issued Resolution No. 406/NQ-UBTVQH15 (“Hereinafter referred to as Resolution 406”) on promulgating some solutions to support businesses and people affected by the Covid-19 pandemic. Some keys on tax exemption and reduction prescribed in Resolution 46 includes: Reduce 30% of paying corporate income tax in 2021 if […]