Draft Circular Amending and Supplementing Certain Provisions of Circulars on Securities Transactions on the Securities Trading System; Securities Transaction Clearing and Settlement; Operations of Securities Companies and Information Disclosure on the Securities Market
The draft Circular proposes regulations on share purchase transactions by foreign institutional investors. Specifically, Clause 2, Article 1 of the draft Circular proposes adding Article 9a, which regulates share purchase transactions by foreign institutional investors, after Article 9 of Circular 120/2020/TT-BTC, as follows: (1) Securities companies shall assess the payment risk of foreign institutional investors […]
Draft Decree Detailing Certain Provisions of the Law on Archives
The Ministry of Home Affairs is drafting a Decree detailing certain provisions of the 2024 Law on Archives. Accordingly, the basic contents of the draft Decree detailing certain provisions of the 2024 Law on Archives include: (1) Master Data Identification - The master data of the database for archival documents of the Vietnam State Archives […]
Amendment of Decrees Guiding the Law on Investment in the Form of Public-Private Partnership
On September 13, 2024, the Government Office issued Official Dispatch 6549/VPCP-CN 2024 regarding the Decree amending several Decrees guiding the Law on Investment in the form of Public-Private Partnership (PPP). Accordingly, based on the proposal of the Ministry of Planning and Investment regarding the drafting of the Law amending and supplementing several provisions of the […]
Suggestions on the Plan for Simplifying Business Regulations
On September 12, 2024, the Government Office issued Official Dispatch 6532/VPCP-KSTT 2024 regarding comments on the plan for simplifying business regulations. Regarding the Draft Plan: The draft plan proposes a reduction and simplification of 69 out of 642 business regulations (10.75%) under the management functions of the Ministry of Industry and Trade, across 24 legal […]
List of Basic and Essential Public Services Using the State Budget in the Financial Sector
On September 13, 2024, the Prime Minister issued Decision 970/QĐ-TTg on the list of basic and essential public services using the state budget in the financial sector. Accordingly, the list of basic and essential public services using the state budget in the financial sector includes: (1) Services for the inspection and testing of the quality […]
Opinion on VAT
On September 11, 2024, the General Department of Taxation issued Official Dispatch No. 4019/TCT-CS regarding opinions on VAT. Accordingly, VAT policies have clearly specified the conditions for VAT deduction. In cases where the VAT payment document at the import stage lists the importer as the Company, and the Company declares VAT using the direct method, […]
Amendments to Tax Payment Extension Procedures
On September 11, 2024, the Ministry of Finance issued Decision No. 2127/QĐ-BTC regarding the announcement of amended and supplemented administrative procedures in the field of Taxation under the management function of the Ministry of Finance. Accordingly, the tax payment extension procedures are amended as follows: * Regarding the procedure for extending tax payments: - Step […]