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Official Gazette

Tuesday, November 12, 2019
Tags: charge
Capital contribution by foreigners to Vietnamese companies Capital contribution by foreigners to Vietnamese companies
Foreign investor’s capital contribution to a company will not change its legal status as a Vietnamese company since it was lawfully established and has been operating in accordance with the Vietnamese law on enterprises.
New regulation gives clearer policies for construction cost management of public projects New regulation gives clearer policies for construction cost management of public projects
State-funded projects will be subject to the new rule on management of construction investment costs, reads a decree recently issued by the Government.
State audit could face lawsuits: draft law State audit could face lawsuits: draft law
State agencies will be allowed to file legal challenges against the State Audit over unsatisfactory audit reports, according to a draft amendment to the Law on State Audit.
Provisions on VAT refund for foreigners to be amended Provisions on VAT refund for foreigners to be amended
The General Department of Customs is working on a draft circular to revise Circular 72 of 2014 regarding value-added tax refund for goods brought along by foreigners and overseas Vietnamese upon exit, with a view to boosting tourism.
Anti-Corruption Law Anti-Corruption Law
The National Assembly promulgated the Anti-Corruption Law last November, extending the fight against corruption in the non-state sector. The Law supersedes its predecessor enacted in 2005 with revisions made in 2007 and 2012 (the 2005 Law).
MIC determined to sweep away spam messages MIC determined to sweep away spam messages
All organizations and individuals would have the right to register for refusal of all types of advertising messages and advertising calls to phone numbers under their lawful ownership, according to a draft decree compiled by the Ministry of Information and Communications to control spam messages, emails and calls.
Politburo resolution sets orientations for FDI attraction until 2030 Politburo resolution sets orientations for FDI attraction until 2030
The Political Bureau of the Communist Party of Vietnam has adopted its first-ever resolution on orientations to perfect institutions and policies for and improve quality and efficiency of foreign investment cooperation through 2030. Resolution 50/NQ-TW is expected to enable foreign investors to move forward for future development and help improve the quality of foreign investment inflow in the country.
Employees likely to get support for occupational disease treatment Employees likely to get support for occupational disease treatment
The State would provide financial support for employees to cover expenses for examination and treatment of occupational diseases, according to a draft decree guiding the Law on Occupational Safety and Health regarding occupational accident and disease insurance
Corporate liability for offenses against the economic management order in Vietnam Corporate liability for offenses against the economic management order in Vietnam
The 2015 Penal Code (revised in 2017) (the Code) is Vietnam’s first and only code that holds commercial legal persons criminally liable for committing criminal acts. This is a breakthrough in the country’s criminal justice policy and leads to a substantial change in the general perception about crime and punishment. It also applies various penalties to commercial legal persons found liable for crimes[1], including three principal penalties (fine, suspension from operation, and termination of operation), three additional penalties (prohibition from doing business or operating in certain areas, prohibition from raising capital, and fine, when not imposed as a principal penalty), and five judicial measures (confiscation of objects and money directly related to the crime; return of property, redress of or compensation for damage; coerced public apology; coerced restoration to the original state; and coerced application of measures to redress and prevent further consequences).
Vietnams legal framework for building national geospatial data infrastructure Vietnam’s legal framework for building national geospatial data infrastructure
The Law on Survey and Mapping, adopted in June last year, contains six articles (Articles 43 thru 48) defining national geospatial data infrastructure. Under the Law, the Government is assigned to prescribe in detail the building of NSDI. In implementation of this, the Government issued Decree 27 on March 13, devoting five articles to detail the aforesaid contents.

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