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Official Gazette

Thursday, September 21, 2017
Tags: law
Official Gazette issues Nos 5-7 June 2017 released on September 18 2017 Official Gazette issues Nos 5-7 June 2017, released on September 18, 2017
Tax offices would supervise casino business: drafters Tax offices would supervise casino business: drafters
Tax offices would directly supervise operations of casinos in localities, proposed the Ministry of Finance in a draft circular guiding the management and supervision of tax collection for casino business activities under Government Decree 03 issued in January.
Lower corporate income tax expected to benefit micro enterprises Lower corporate income tax expected to benefit micro enterprises
An official of the Vietnam Association of Small and Medium-Sized Enterprises has recently suggested comprehensive acts to be taken to remove difficulties for enterprises, including adopting a more effective corporate income tax reduction policy.
Official Gazette issues Nos 1-4 June 2017 coming out on September 15 2017 Official Gazette issues Nos 1-4 June 2017, coming out on September 15, 2017
Public property might be used to pay for BT projects Public property might be used to pay for BT projects
The Ministry of Finance recently revealed a draft decree allowing the use of public property to make payment to investors that implement construction investment projects in the form of build-transfer.
Revised Law on Technology Transfer Revised Law on Technology Transfer
The revised Law on Technology Transfer, which was passed in June, is expected to create a solid legal basis to promote technology transfer, technology innovation, commercialization of scientific research and technological development results, and application of latest science and technology advances.
Enforcement of security under the new resolution on dealing with bad debts Enforcement of security under the new resolution on dealing with bad debts
Resolution No. 42/2017/QH14 on trial dealing with non-performing loans of credit institutions was passed on June 21, 2017, by the National Assembly. It took effect on August 15, 2017, and remains in force for five years from that date. The resolution is a long-awaited text and expected to help credit institutions to better deal with their non-performing loans. A significant number of provisions of this text are about secured transactions which are at the heart of the process of recovery of bank loans for the time being. This article tries to give an overview of the text.
Exclusive incentives proposed for special economic zones Exclusive incentives proposed for special economic zones
The Ministry of Planning and Investment has submitted to the Government a draft law on special administrative-economic units, proposing a series of land and tax incentives to attract more investment for three special economic zones in Quang Ninh, Khanh Hoa and Kien Giang provinces.
Visa exemption for children of overseas Vietnamese Visa exemption for children of overseas Vietnamese
Overseas Vietnamese holding passports or international travel documents issued by foreign competent agencies and foreigners who are their spouses or children are eligible for visa exemption when they enter Vietnam.
Proposals to build Real Estate Tax Law articulated Proposals to build Real Estate Tax Law articulated
“It is unreasonable if the Real Estate Tax Law is built without making any changes in the land use levy collection mechanism and policy”, said Chairman Le Hoang Chau of the Ho Chi Minh City Real Estate Association.

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