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  • Article

    The Vietnamese Government Has Decided Not To Reduce VAT By 2% For The Banking And Telecommunications Industry

    The report submitted to the National Assembly by the Government of Vietnam on May 24, 2023 stated that the reduction of 2% value-added tax will be implemented in the second half of 2023.
    VietnamTax
    ASL Law
    ASL Law
  • Article

    Vietnam's Decree 21 Updates Regulations On Security For Performance Of Obligations

    On May 15, 2021, Decree No. 21/2021/ND-CP of the Government of Vietnam dated March 19, 2021, guiding the implementation of the Civil Code of 2015 on security for performance of obligations...
    VietnamFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Anwalt In Vietnam Oliver Massmann Das Bankwesen

    Die Staatsbank Vietnam (SBV) ist dabei ein besser strukturiertes und transparenteres Bankwesen zu schaffen.
    VietnamFinance and Banking
    Duane Morris LLP
    Duane Morris LLP
  • Article

    New Regulations On The Offshore-Issued Bonus Share Plan

    On 8 June 2024, the State Bank of Vietnam ("SBV") released Circular No. 23/2024/TT-NHNN ("Circular 23") amending a number of provisions of Circular No. 10/2016/TT-NHNN regarding governance on the employee stock ownership...
    VietnamFinance and Banking
    ACSV Legal
    ACSV Legal
  • Article

    Refinancing A Domestic Loan With An Offshore Loan?

    Vietnamese regulations and policy are certainly not in favor of using foreign loans to refinance existing domestic loan debts.
    VietnamFinance and Banking
    Duane Morris LLP
    Duane Morris LLP
  • Article

    State Bank Of Vietnam Updates Conditions For Foreign Loans

    On June 28, 2024, the State Bank of Vietnam (SBV) issued Circular No. 19/2024/TT-NHNN to amend certain regulations of Circular No. 08/2023/TT-NHNN dated June 30, 2023 (‘Circular 08")...
    VietnamFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Vietnam Authorities Taking Steps to Close Gold-Trading Floors

    Following the release of the Government Office's Notice No. 369/TB-VPCP dated 30 December 2009 ("Notice 369") conveying the Prime Minister's order to close all the gold-trading floors by 30 March 2010, the competent State bodies issued legal documents to implement his instruction.
    VietnamFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Decree Clarifying Standards For Independent Auditors

    On 22 February 2011 the Vietnamese Government issued Decree No. 16/2011/ND-CP (Decree 16) amending and supplementing Decree 105/2004/ND-CP on Independent Auditing, dated 30 March 2004 (Decree 105).
    VietnamCorporate/Commercial Law
    Mayer Brown
    Mayer Brown
  • Article

    Move to Open Up Import and Distribution Market to Foreign Firms

    VietnamCorporate/Commercial Law
    Vision & Associates
    Vision & Associates
  • Article

    Foreign Direct Investment In Vietnam

    In recent years, Vietnam has become one of the most attractive destinations for foreign direct investment (FDI) in Southeast Asia, offering foreign investors a wide range of opportunities to undertake investment projects.
    VietnamGovernment, Public Sector
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Vietnam Publishes Draft Circular On Open APIs In The Banking Industry

    On July 23, 2024, the State Bank of Vietnam (SBV) published a draft circular regulating the implementation of open (publicly available) application programming interfaces, or Open APIs...
    VietnamTechnology
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Circular Terminates Gold Lending By Credit Institutions

    On 29 April 2011, the State Bank of Vietnam (SBV) issued Circular No. 11/2011/TT-NHNN (Circular 11) to terminate gold mobilisation and lending by credit institutions, including branches of foreign banks.
    VietnamFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Establishment of the Business Registration Authority in Vietnam

    On 9 September 2010, the Prime Minister issued Decision No. 1659/QD-TTg establishing the Business Registration Authority (Decision 1659) under the Ministry of Planning and Investment (MPI) for the purpose of assisting the Minister of the MPI in exercising State administration of business registration.
    VietnamFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Remitting Profits From Vietnam: An Introduction For Foreign Investors

    As Vietnam continues to attract record levels of foreign investment, the need to understand the country's remittance policy has never been greater.
    VietnamFinance and Banking
    Dezan Shira & Associates
    Dezan Shira & Associates
  • Article

    Research And Develop Venture Investment Legislation In Vietnam

    The Government assigned the Ministry of Finance to study and develop policies and laws to encourage venture investment in Vietnam.
    VietnamFinance and Banking
    ASL Law
    ASL Law
  • Article

    Vietnam Economic Times Interviewing Dr. Oliver Massmann On Development In The Financial Service Sector

    1. It can be said that FDI inflows has become the growth momentum for Vietnam's banking and finance industry over the past few years.
    VietnamFinance and Banking
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Decree 187: Implementing The Provisions Of The Commercial Law

    To provide details of the implementation of the provisions of the 2005 Commercial Law in Vietnam on the international sale-purchase of goods, sale-purchase agency, processing, and goods in transit with foreign parties, the government issued Decree No. 187/2013/ND-CP on 20 November 2013.
    VietnamCorporate/Commercial Law
    Mayer Brown
    Mayer Brown
  • Article

    Note About The Stock Market's Maximum Foreign Ownership Ratio In Vietnam

    The State Securities Commission recently released guidelines and notes on the application of the aforementioned regulations for public businesses, organizations, and individuals.
    VietnamCorporate/Commercial Law
    ASL Law
    ASL Law
  • Article

    Overseas Listing Of Shares: An Attractive Option For Vietnamese Companies

    In recent years, Vietnamese companies have shown increased interest in listing their shares or depository receipts (where a bank acts as custodian of underlying shares) on foreign stock exchanges.
    VietnamCorporate/Commercial Law
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Perspectives On Vietnam M&A Market In 2023

    Speaking at the opening of the Vietnam M&A Forum 2022: Igniting new opportunities, Mr. Le Trong Minh, Editor-in-Chief of Vietnam Investment Review Newspaper, Head of the Forum's organizing...
    VietnamCorporate/Commercial Law
    ASL Law
    ASL Law

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