MOF plans to reserve investment incentives for expanded projects

The expanded investment projects will also be able to enjoy the investment incentives like the ones given before to the initial projects, if the proposal of the Ministr...

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Ministry of Finance to submit to the National Assembly cut CIT to 20 percent from July 1, 2013

The government assigned the Ministry of Finance to submit to the National Assembly for consideration and decision of the new corporate income tax (CIT) of 20 percent fo...

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Singapore, Vietnam DTA Protocol Comes Into Force

The Inland Revenue Authority of Singapore has announced that the second protocol amending the existing double taxation agreement (DTA) between Singapore and Vietnam ent...

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Tax law revision gives lifeline to property investors.

The amended corporate income tax law, which will be submitted to the government this month and forwarded to the National Assembly in May, contains a provision that will...

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Anti money laundering law is effective from 1st January 2013

The Law on Prevention of Money Laundering (No. 07/2012/QH13)/ has been passed on 2nd July 2012 by the Parliament with an intention to prevent and detect individuals and...

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Circular 210/2012/TT-BTC of the Ministry of Finance dated 30 November 2012 guiding the establishment and operation of securities companies.

Circular 210/2012/TT-BTC guiding the establishment and operation of securities companies (“Circular 210”) has recently been adopted. Circular 210 w...

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Circular 211/2012/TT-BTC dated 5 December 2012 of the Ministry of Finance implementing Decree 90/2011/ND-CP on the issuance of corporate bonds (“Circular 211”)

Ministry of Finance has recently issued Circular 211 guiding Decree 90/2011/ND-CP of the Government on issuing corporate bonds. Circular 211 shall take effect on 20 Jan...

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Decree 64/2012/ND-CP dated 4 September 2012 on construction permit (the “Decree 64”).

Decree 64 takes effect on 20 October 2012 and replacing the regulations on construction permit in Decree 12/2009/ND-CP, Decree 83/2009/ND-CP, Decree 39/2010/ND-CP.

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Law No.06/2012/QH13 on Deposit Insurance shall be effective from January 01, 2013

The Law on Deposit Insurance has been passed on 18th June 2012 by Vietnam’s National Assembly stipulating the deposit insuance activities, rights and obli...

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CIRCULAR NO.10/2012/TT-BXD regarding the issuance of construction license.

On December 12th 2012, the Ministry of Construction issued the Circular No.10/2012/TT-BXD guiding the Decree No. 64/2012/NĐ-CP regarding the issuance of co...

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State Securities Commission responsible for public issue of stocks under the new regulation Jun29

State Securities Commission responsible for public issue of stocks under the new regulation

On November 19, 2012, the Ministry of Finance issued the Circular No. 204/2012/TT-BTC guiding the dossier and procedure for public offering of securities.

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Rates of interest for term deposits regulated once again by SBV

On December 21, 2012, The State Bank of Viet Nam (SBV) issued Circular No. 32/2012/TT-NHNN regulating the maximum rates of interest (MRI) on the deposits in VND by orga...

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