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Vietnam’s guideline on land rent reduction 2022 for enterprises affected by COVID-19

On January 31, 2022, the Prime Minister of Vietnam promulgated Decision No. 01/2023/QD-TTg on reduction of land rent and water surface rent for subjects affected by COVID-19.

Vietnam’s amendment to regulations on prudential ratios of banks

On December 31, 2022, the Governor of the State Bank of Vietnam promulgated Circular No. 26/2022/TT-NHNN on amendments to Circular No. 22/2019/TT-NHNN on limits and prudential ratios of banks and foreign bank branches.

Vietnam’s direction of national land use 2021-2030, with a vision toward 2050

On January 9, 2023, the National Assembly of Vietnam approved Resolution No. 81/2023/QH15 on the national master plan 2021-2030, with a vision toward 2050.

New regulations of Vietnam on combat gears equipped for the security forces of agencies and enterprises

On December 30, 2022, the Minister of Public Security of Vietnam promulgated Circular No. 67/2022/TT-BCA on amendments to Circular No. 46/2014/TT-BCA guiding Decree No. 06/2013/ND-CP on security staff of agencies and enterprises.

Vietnam’s guidelines on policies on support for workers laid off by enterprises with declining orders

On January 16, 2023, the Vietnam General Confederation of Labour promulgated Decision No. 6696/QD-TLD on the implementation of policies on support for union members and workers that have their work time reduced or their labour contracts terminated due to order decline of enterprises.

Unexpired Marketing Authorizations of drugs to remain usable in Vietnam by December 31, 2024

On January 9, 2023, the National Assembly of Vietnam approved Resolution No. 80/2023/QH15 on the continuation of the implementation of several policies on COVID-19 prevention and control and the use of Marketing Authorizations of drugs and medicinal ingredients that expire during the period from January 1, 2023 to December 31, 2024.

New regulation of Vietnam on the special preferential import tariff for the implementation of the RCEP Agreement

On December 30, 2022, the Government of Vietnam promulgated Decree No. 129/2022/ND-CP on Vietnam’s special preferential import tariff for the implementation of the Regional Comprehensive Economic Partnership 2022-2027.

Vietnam to increase the provision of benefits in kind for workers in dangerous environments

This is the notable content of Circular No. 24/2022/TT-BLDTBXH promulgated on November 30, 2022 on the provision of benefits in kind for workers in harmful and dangerous environments.

New regulation of Vietnam on compulsory content to be displayed by electronic methods on goods labels

On December 30, 2022, the Minister of Science and Technology of Vietnam promulgated Circular No. 18/2022/TT-BKHCN elaborating on several compulsory contents to be displayed on goods labels of several goods groups by electronic methods.

Expected development of and amendments to 20 Laws and Law Bills of Vietnam in 2023

On January 6, 2023, the Government of Vietnam promulgated Resolution No. 01/NQ-CP on essential tasks and measures to implement the Plan for Socio-Economic Development, State Budget Estimates, and Business Environment Improvement, National Competitiveness Enhancement 2023.

New regulation of Vietnam on documents proving dependents to claim dependent exemption as of 2023

On December 30, 2022, the Minister of Finance of Vietnam promulgated Circular No. 79/2022/TT-BTC on amendments to legislative documents, which contain amendments to documents proving dependents.

Application for certificate of compliance with food safety regulations for agricultural, forest and aquatic products

The Circular No. 32/2022/TT-BNNPTNT dated December 30, 2022 providing amendments to the Circular prescribing appraisal and certification of compliance with food safety regulations by establishments manufacturing and trading agricultural, forest and aquatic products under management of Ministry of Agriculture and Rural Development of Vietnam.

Transfer of foreign currencies abroad as donations or grants by organizations

The Governor of the State Bank of Vietnam has promulgated the Circular No. 20/2022/TT-NHNN dated December 30, 2022 providing guidelines on one-way money transfer from Vietnam to abroad, and payment and money transfer for other current transactions of residents that are organizations and individuals

C/O Form AJ applicable from March 01, 2022

This regulation is provided in the Circular No. 37/2022/TT-BCT prescribing Rules of Origin under the ASEAN-Japan Comprehensive Economic Partnership promulgated by the Minister of Industry and Trade of Vietnam on December 23, 2022.

Conditions for grant of preferential export tariff rates under UKVFTA Agreement

On December 30, 2022, the Government has promulgated the Decree No. 117/2022/ND-CP promulgating Vietnam’s preferential export tariff schedule and special preferential import tariff schedule for implementation of the Free Trade Agreement between the Socialist Republic of Vietnam and the United Kingdom of Great Britain and Northern Ireland in 2022 – 2027 period.

Conditions for grant of special preferential import tariff rates under VN-EAEU FTA Agreement

On December 30, 2022, the Government has promulgated the Decree No. 113/2022/ND-CP promulgating Vietnam’s special preferential import tariff schedule for implementation of the Free Trade Agreement between the Socialist Republic of Vietnam, of the one part, and the Eurasian Economic Union and its member states, of the other part, (hereinafter referred to as “VN-EAEU FTA Agreement”) in 2022 – 2027 period.

Procedures for claiming preferential export duty rates under CPTPP Agreement

On December 30, 2022, the Government has promulgated the Decree No. 115/2022/ND-CP promulgating Vietnam’s preferential export tariff schedule and special preferential import tariff schedule for implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership in 2022 – 2027 period.

The Supreme People’s Court of Vietnam to provide answers to problems in trial

On December 27, 2022, the Supreme People’s Court of Vietnam promulgated Official Dispatch No. 206/TANDTC-PC on notifications of the results of the online answering session regarding several problems in the trial.

Vietnam to tighten credit of corporate bonds, securities, and real estate

On December 22, 2022, the State Bank of Vietnam promulgated Official Dispatch No. 9064/NHNN-TD on the work of credit and interest rates in the upcoming time.

New regulation of Vietnam on cases where credit institutions do not have to satisfy the requirement for a non-performing loan ratio below 3% when purchasing debts

On December 26, 2022, the Governor of the State Bank of Vietnam promulgated Circular No. 18/2022/TT-NHNN on amendments to Circular No. 09/2015/TT-NHNN on debt purchase and sale by credit institutions and foreign bank branches.
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