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100% of road vehicles to use E5 gasoline by 2030 in Vietnam

This is the content prescribed in Decision No. 876/QD-TTg dated July 22, 2022 on approval of the Action Program for Green Energy Conversion and Carbon and Methane Emission Reduction of the Transport Industry promulgated by the Prime Minister of Vietnam.

New regulations of Vietnam on periodic tax-related reports

On July 15, 2022, the Ministry of Finance of Vietnam promulgated Decision No. 1421/QD-BTC disclosing the List of Periodic Tax-Related Reports under the management of the Ministry of Finance of Vietnam.

Vehicles used for transport business for the first time in Vietnam shall install camera-integrated tracking devices as of July 1, 2023

This is the content prescribed in Decree No. 47/2022/ND-CP dated July 19, 2022 of Vietnam’s Government amending Decree No. 10/2020/ND-CP on auto transport business.

Roadmap for electronic prescription in Vietnam

On July 12, 2022, the Minister of Health of Vietnam promulgated Circular No. 04/2022/TT-BYT amending Circular No. 27/2021/TT-BYT on electronic prescription including roadmap for electronic prescription.

Contents of accounting inspection in charitable activities

The Minister of Finance promulgated Circular No. 41/2022/TT-BTC dated July 05, 2022 providing guidance on accounting regimes applicable to social and charitable activities.

Tokens used in the business of prize-winning electronic games for foreigners

Circular No. 09/2022/TT-NHNN dated July 12, 2022 provides guidance on foreign exchange management for the business of prize-winning electronic games for foreigners including amendments to regulations on tokens used in the business.

09 cases of which animal feed imports are exempt from quality control in Vietnam

Decree No. 46/2022/ND-CP is promulgated on July 13, 2022 by the Government of Vietnam amending Decree No. 13/2020/ND-CP providing guidance on the Law on Animal Husbandry including 09 cases in which animal feed imports are exempt from quality control:

Instructions for handling bidding packages under the EVFTA Agreement in which the bids will be opened before August 25, 2022

Circular No. 12/2022/TT-BKHDT dated June 30, 2022 elaborates the preparation of bidding documents for procurement of goods under the CPTPP Agreement, EVFTA Agreement and UKVFTA Agreement.

Instructions on electronic records of personal income tax reduction in Vietnam

On July 12, 2022, the General Department of Taxation of Vietnam promulgated Official Dispatch No. 2455/TCT-DNNCN on implementation and application of electronic invoices and records in Vietnam.

Regulations on contracts of bidding documents under EVFTA

The Minister of Planning and Investment of Vietnam has recently promulgated Circular No. 15/2022/TT-BKHDT dated June 30, 2022 elaborating the preparation of bidding documents for construction under the CPTPP, EVFTA and UKVFTA.

Guidance on the implementation of the Electronic Stamp Management Application for enterprises

On June 24, 2022, the General Department of Taxation of Vietnam promulgated Official Dispatch No. 2224/TCT-TVQT guiding the implementation of the Electronic Stamp Management Application stage 1.

Fees for the issuance of licenses to conduct the business of prize-winning electronic games for foreigners

This is the content prescribed in Circular No. 39/2022/TT-BTC dated June 24, 2022 guiding Decree No. 121/2021/ND-CP on the business of prize-winning electronic games for foreigners.

5 types of Insurance Policies according to the Law on Insurance Business 2022 of Vietnam

This is the considerable content in the Law on Insurance Business 2022, approved at the 3rd meeting of the 15th National Assembly of Vietnam on June 16, 2022.

Data on tax upon transfer of off-plan property

On June 29, 2022, the Government of Vietnam promulgated Decree No. 44/2022/ND-CP on development, management and use of the system of information on housing and real estate market.

Amendments to Vietnam Aviation Regulations concerning aircraft

The Minister of Transport promulgated Circular No. 11/2022/TT-BGTVT dated June 29, 2022 amending Vietnam Aviation Regulations (VARs) concerning aircraft and operation of aircraft.

The Vietnam General Confederation of Labour provides guidelines on annual overtime hours

This is the content of Official Dispatch No. 4359/TLD-QHLD in 2022 on guidelines for the implementation of Resolution No. 17/2022/UBTVQH15 on overtime hours promulgated by the Vietnam General Confederation of Labour.

General Department of Taxation of Vietnam implements Decree No. 34/2022/ND-CP on tax deferral

On June 23, 2022, the General Department of Taxation of Vietnam promulgated Official Dispatch No. 2194/TCT-KK on implementation of Decree No. 34/2022/ND-CP on tax deferral.

Amendments to regulations of Vietnam on issuance of invoices when reducing VAT to 8%

On June 20, 2022, the Government of Vietnam promulgated Decree No. 41/2022/ND-CP on Amendments to Decree No. 123/2020/ND-CP on invoices and records and Decree No. 15/2022/ND-CP on the policy on VAT reduction from 10% to 8%.

New regulations of Vietnam on interest rates on premature withdrawal of deposits

On June 16, 2022, the State Bank of Vietnam promulgated Circular No. 04/2022/TT-NHNN on the application of interest rates on premature withdrawal of deposits from credit institutions and foreign bank branches.

Trained employees in Vietnam still receive 7% more than minimum wages

This is a content of Official Dispatch No. 2086/BLDTBXH-TLDLDVN dated June 17, 2022 implementing Decree No. 38/2022/ND-CP on minimum wages.

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