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The field of investment in establishing a foreign-invested Preschool education in Viet Nam

In order to help international investors understand and comprehend the conditions, procedures, and investment procedures for establishing a foreign-invested Preschool education in Vietnam. I - Lawyer Nguyen Trinh Duc - Director of IPIC Law Company Limited advise specifically as follows:

The General Department of Vietnam Customs' instructions on VAT reduction according to Decree No. 44/2023/ND-CP

The General Department of Vietnam Customs’ instructions on VAT reduction according to Decree No. 44/2023/ND-CP is the content of Official Dispatch No. 3431/TCHQ-TXNK dated June 30, 2023.

Vietnamese Government to officially cut VAT rate to 8% from July 01, 2023

On June 30, 2023, the Government of Vietnam promulgated Decree No. 44/2023/ND-CP on VAT reduction according to Resolution No. 101/2023/QH15.

General Department of Taxation of Vietnam to implement 2% VAT reduction

On June 23, 2022, the General Department of Taxation of Vietnam sent Official Telegram No. 05/CD-TCT on the implementation of Decree No. 44/2023/ND-CP on VAT reduction policies.

Vietnam to increase pensions by 12,5% to 20,8% as of July 1, 2023 for 9 groups of beneficiaries

On June 29, 2023, the Government of Vietnam promulgated Decree No. 42/2023/ND-CP on adjustments to pensions, social insurance allowances, and monthly allowances.

Vietnam to amend opening procedure for operations of non-bank credit institutions

On June 22, 2023, the Governor of the State Bank of Vietnam promulgated Circular No. 05/2023/TT-NHNN on amendments to Circular No. 30/2015/TT-NHNN on the issuance of licenses and organization and operation of non-bank credit institutions, which contains amendments to the opening procedure for operations of credit institutions.

Vietnam to reduce fees for passport issuance and 35 other fees and charges from July 1 to December 31, 2023

On June 29, 2023, the Minister of Finance of Vietnam promulgated Circular No. 44/2023/TT-BTC on the collection of several fees and charges to support the people and enterprises, which contains regulations on passport issuance fees and 35 other fees and charges.

New regulation of Vietnam on inspection conclusions subject to disclosure

On June 30, 2023, the Government of Vietnam promulgated Decree No. 43/2023/ND-CP elaborating on several Articles and implementation measures of the Law on Inspection, which contains contents of disclosure of inspection conclusions.

Steps to conduct license plate auction for motor vehicles in Vietnam

On June 26, 2023, the Government of Vietnam promulgated Decree No. 39/2023/ND-CP guiding Resolution No. 73/2022/QH15 on pilot auction of license plates for motor vehicles

Remarks on schedule of preferential import tariffs according to Decree No. 26/2023/ND-CP

The General Department of Vietnam Customs promulgated Official Dispatch No. 3173/TCHQ-TXNK dated June 21, 2023 on implementation of Decree No. 26/2023/ND-CP and Decision No. 15/2023/QD-TTg in terms of tariff schedules, of which there are some remarks on schedule of preferential import tariffs.

Vietnam's guideline on declaration and payment of fees for review of environmental impact assessment reports

On June 8, 2023, the Minister of Finance of Vietnam promulgated Circular No. 38/2023/TT-BTC on fees for review of environmental impact assessment (EIA) reports performed by central agencies, collection, payment, management, and use thereof.

Vietnam's guidelines on death benefits for employees of units with insufficient social insurance contributions

On June 21, 2023, Vietnam Social Security promulgated Official Dispatch No. 1880/BHXH-CSXH on death benefits for employees of units with insufficient social insurance contributions, which contains guidelines on the settlement of death benefits.

New regulation of Vietnam on provision of information on transactions for tax inspection

On June 21, 2023, the General Department of Taxation of Vietnam promulgated Official Dispatch No. 2535/TCT-TTKT on strengthening cooperation in tax administration, which contains regulations on the provision of transaction information for tax inspection.

Vietnam to add more arduous and hazardous occupations, applicable from July 30, 2023

On June 15, 2023, the Minister of Labor - War Invalids and Social Affairs promulgated Circular No. 05/2023/TT-BLDTBXH on the list of arduous, hazardous, and dangerous intermediate and college-level occupations.

More authorities permitted to determine scope of border checkpoint areas in Vietnam

On June 16, 2023, the Government of Vietnam promulgated Decree No. 34/2023/ND-CP on amendments to Decree No. 112/2014/ND-CP on management of land border checkpoints.

New regulation of Vietnam on appraisal fees for eligibility for environmental monitoring services

This is a content of Circular No. 34/2023/TT-BTC dated May 31, 2023 on appraisal fees for eligibility for environmental monitoring services, collection, payment, management, and use thereof promulgated by the Ministry of Finance of Vietnam.

Conditions for automatic renewal of roadworthiness certificates for motor vehicles in Vietnam

This is a content of Circular No. 08/2023/TT-BGTVT on amendments to Circular No. 16/2021/TT-BGTVT on technical safety inspection and environmental protection of road motor vehicles.

New regulation of Vietnam on application of ordinary import duties

Recently, the Prime Minister of Vietnam promulgated Decision No. 15/2023/QD-TTg on the application of ordinary import duties.

New regulation of Vietnam on registration forms of copyright and related rights

On June 2, 2023, the Minister of Culture, Sports and Tourism of Vietnam promulgated Circular No. 08/2023/TT-BVHTTDL prescribing registration forms of copyright and related rights.

Guideline for the issuance of 2% VAT-reduction invoices following Decree No. 15/2022/ND-CP of the Government of Vietnam

On May 29, 2023, the General Department of Taxation of Vietnam promulgated Official Dispatch No. 2121/TCT-CS on some cases of issuance of 8% VAT invoices following Decree No. 15/2022/ND-CP.
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