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Vietnam to permit banks to reschedule debt payments for borrowers until June 30, 2024

Banks are permitted to defer borrowers’ debts until June 30, 2024, which is the notable content of Circular No. 02/2023/TT-NHNN on the debt rescheduling and debt category retention to support borrowers in difficulties by credit institutions and foreign bank branches (hereinafter referred to as “banks”).

Procedures for receiving applications for cooperation in organizing foreign language certification exams in Vietnam

The Ministry of Education and Training promulgated Decision No. 896/QD-BGDDT dated March 28, 2023 providing regulations on receipt and processing of applications for approving cooperation in operating foreign language certification exams of foreign countries.

List of used consumer products and medical equipment banned from import into Vietnam

The Minister of Industry and Trade promulgated Circular No. 08/2023/TT-BCT dated March 31, 2023 amending Vietnam’s Nomenclature of imports and exports, including used consumer products, medical equipment and vehicles banned from import and their HS codes.

New regulation of Vietnam on applications for lump-sum social insurance benefits for persons with fatal diseases

This is the content of Official Dispatch No. 376/BHXH-CSXH dated February 16, 2023 on the implementation of Circular No. 18/2022/TT-BYT on amendments to Circular No. 56/2017/TT-BYT guiding the Law on Social Insurance and the Law on Occupational Safety and Hygiene in health care.

Vietnam to add more cases of exemption from late fine payment interests

On March 21, 2023, the Minister of Finance of Vietnam promulgated Circular No. 18/2023/TT-BTC on procedures for collecting, paying fines, and offsetting differences in fine payment, fine collection receipts, and state budget funding for operational assurance of units imposing fines for administrative violations.

New regulation on a higher tax rate for users of large amount of land and great number of houses

This is the content of Resolution No. 37/NQ-CP dated March 17, 2023 on the Action Plan for the implementation of Resolution No. 18-NQ/TW on “Ongoing Innovation and Improvement in Regulatory Institutions and Policies, Enhancement of Efficiency and Effectiveness in Management and Use of Land, Serving as the Driving Force in Developing Our Country Into a High-Income Economy” promulgated by the Government of Vietnam.

Vietnam to replace product-specific rules following ASEAN Trade in Goods Agreement (ATIGA)

On February 14, 2023, the Minister of Industry and Trade of Vietnam promulgated Circular No. 03/2023/TT-BCT on amendments to Circular No. 22/2016/TT-BCT on the implementation of rules of origins in the ASEAN Trade in Goods Agreement (ATIGA).

Vietnam to control capital mobilization by real estate enterprises on stock market

On March 11, 2023, the Government of Vietnam promulgated Resolution No. 33/NQ-CP on solutions to difficulties and promotion of the safe, healthy, and sustainable development of the real estate market.

General Department of Taxation of Vietnam to conduct categorization of taxpayers

On January 1, 2023, the General Department of Taxation of Vietnam promulgated Decision No. 18/QD-TCT on the promulgation of the procedure for applying risk management in tax administration.

Vietnam to amend a number of regulations on value-added tax

This is the content mentioned in Circular No. 13/2023/TT-BTC dated February 28, 2023 guiding the implementation of Decree No. 49/2022/ND-CP and amending Circular No. 80/2021/TT-BTC regarding value-added tax.

The Ministry of Finance of Vietnam to amend procedures for tax deferral

On February 06, 2023, the Minister of Finance promulgated Decision No. 115/QD-BTC announcing revised tax procedures under management of the Ministry of Finance of Vietnam.

03 provisions of Vietnamese Government’s Decree No. 65/2022/ND-CP on bonds suspended until the end of 2023

This is a content of Decree No. 08/2023/ND-CP amending and suspending certain Articles of Decrees prescribing private placement and trading of privately placed corporate bonds in domestic market and offering of corporate bonds in international market.

New regulation of Vietnam on medical equipment listing contents

On March 3, 2023, the Government of Vietnam promulgated Decree No. 07/2023/ND-CP on amendments to Decree No. 98/2021/ND-CP on medical equipment management.

Vietnam to promulgate 3 new forms of Construction Contracts, applicable as of April 20, 2023

On March 3, 2023, the Ministry of Construction of Vietnam promulgated Circular No. 02/2023/TT-BXD on guidelines on several contents of construction contracts.

New regulation of Vietnam on tariff-rate quotas for poultry eggs from the EEU 2023-2027

On February 20, 2023, the Minister of Industry and Trade of Vietnam promulgated Circular No. 04/2023/TT-BCT on applying tariff-rate quotas for raw tobacco and poultry eggs originating from member nations of the Eurasian Economic Union (EEU) 2023-2027.

Vietnam to strengthen food safety assurance regarding industrial kitchens

This is the content of Official Dispatch No. 787/BYT-ATTP dated February 20, 2023 on strengthening food safety assurance measures regarding industrial kitchens.

Resolution No. 16/NQ-CP of Vietnam on the proposal for the development of the Law on Employment (amended)

On February 9, 2023, the Government of Vietnam promulgated Resolution No. 16/NQ-CP on the thematic meeting on law development in January 2023.

Regulations on periodic reports of the construction authority of Vietnam

On January 16, 2023, the Minister of Construction of Vietnam promulgated Circular No. 01/2023/TT-BXD on regulations on periodic reports under the state management of the Ministry of Construction of Vietnam.

Vietnam to strengthen the management of the collection of tax on food and beverage services that apply digital technology

This content is mentioned in Resolution No. 10/NQ-CP dated February 3, 2023 on the periodic meeting of the Government of Vietnam with local authorities via online methods in January 2023.

New regulation of Vietnam on cases of eligibility for processing personal data without the consent of data owners

On February 7, 2023, the Government of Vietnam promulgated Resolution No. 13/NQ-CP approving documents on the development of Decrees on personal data protection.
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