Bulletins

Resolution No. 1111 / NQ-UBTVQH14 dated December 09, 2020 on the arrangement of administrative units at district and commune levels and the establishment of Thu Duc City in Ho Chi Minh City. Accordingly, Thu Duc City will be established on the basis of merging 3 Districts: District 2, District 9 and Thu Duc District. Also, some Districts in HCMC have just been reorganized the administrative units at commune levels such as District 3, District 4, District 5, District 10 and Phu Nhuan District.

Legal, Labor and Tax Updates June 2019

Decree No. 123/2020 / ND-CP (“Decree No. 123”) regulating invoices and documents, granted by the Government on 19 October 2020, shall take effect from 01 July 2022. Also, agencies, organizations and individuals that meet the information technology infrastructure requirements are encouraged to apply the provisions on e-invoices and documents of the Decree before 01 July 2022.

Legal, Labor and Tax Updates May 2020: Circular No. 37/2020/TT-BTC on prescribing fees and charges payable in securities sector

The Resolution No. 116 was approved by the National Assembly on 19 June 2020 at the 9th session on reducing 30% of corporate income tax amount payable in 2020 for businesses, cooperatives, non-business units and other organizations having total turnover no more than VND 200 billion.