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Official Gazette

Wednesday, October 17, 2018
Tags: late-payment interests
Guarantees under the 2015 Civil Code: a view from practice Guarantees under the 2015 Civil Code: a view from practice
Guarantees are the most common type of personal security recognized by the general law of security. Security is notably used in the context of corporate financing. Civil Code No. 91/2015/QH13 dated November 24, 2015 contains various new rules on this security interest. This article is confined to an overview of guarantees from practice, dealing with suretyship guarantee which denotes a guarantee triggered by default on the part of the principal debtor, by way of contrast to (first) demand guarantee which denotes an independent undertaking to pay as widely used in international commerce.
Thousands of unlawful documents issued last year: Justice Ministry report Thousands of unlawful documents issued last year: Justice Ministry report
Thousands of legal documents issued last year in the country were detected to be unlawful in one aspect or another, according to a recent report of the Ministry of Justice.
Draft law grants more rights to taxpayers Draft law grants more rights to taxpayers
Taxpayers would be compensated for damage caused by tax administration agencies or their staff.
Lawmakers still anxious about taxing unexplained assets of officials Lawmakers still anxious about taxing unexplained assets of officials
Measures to handle the assets of potentially corrupt officials remained the focus of debates about the revised draft Law against Corruption at the 25th session of the National Assembly (NA) Standing Committee which took place in Hanoi from July 11-13.
MOF proposes freezing tax arrears for difficulty-hit taxpayers MOF proposes freezing tax arrears for difficulty-hit taxpayers
The Ministry of Finance (MOF) is working on a draft resolution on handling tax arrears and irrecoverable fines for submission to the National Assembly.
Bringing rules on import and export duties in line with signed FTAs Bringing rules on import and export duties in line with signed FTAs
As scheduled, the draft revised Law on Import Duty and Export Duty will be submitted to the National Assembly for passage at the year-end session. The draft Law contains many new provisions aiming to build a healthy economic environment, facilitate production and export activities, and implement international commitments. This article introduces the most important contents of this draft.
Land-related financial policies proposed Land-related financial policies proposed
CIRCULAR No. 86/2013/TT-BTC OF JUNE 27 2013: Providing the application of the priority regime in the state management of customs to eligible businesses CIRCULAR No. 86/2013/TT-BTC OF JUNE 27, 2013: Providing the application of the priority regime in the state management of customs to eligible businesses
Revised Law on Tax Administration Revised Law on Tax Administration
The Law Amending a Number of Articles of the 2006 Law on Tax Administration (the Revised Law) will take effect next month. It revises 36 out of 120 articles of the 2006 Law, focusing on three major groups of issues: simplifying tax administrative procedures; reforming and modernizing tax administration in line with international practices; and increasing the effect and efficiency of tax administration.

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