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DRAFT PROPOSAL FOR THE LAW ON E-COMMERCE

The Law on E-Commerce is expected to be presented to the National Assembly in October 2025, with anticipated approval in May 2026. Once enacted, this law will significantly impact e-commerce platforms, businesses, and individual online sellers.

27 Mar 2025

DRAFT LAW ON LAND
The Draft Law on Land will amend regulations on land price bracket and land user; the basis for land allocation, land lease and change of land use purpose as well as the land use term of the investment projects.

31 Aug 2022

DRAFT LAW ON PROCUREMENT
The draft aims to achieve better competitiveness, fairness, transparency, and economic efficiency in the management of the State budget. The selection methods of bidders and investors will be amended as well as the process and procedures to select bidders and investors.

31 Jul 2022

DECREE 35 ON MANAGEMENT OF INDUSTRIAL PARKS AND ECONOMIC ZONES
Decree 35 brings many positive changes to the legal framework for IPs and EZs, addresses various shortcomings of Decree 82 and is expected to attract more investment in IP and EZ development. For example, the requirement of a minimum 60% occupancy rate no longer applies and housing accommodation for employees working in IPs and EZs.

30 Jun 2022

DEFERRAL OF TAX AND LAND RENT PAYMENT IN 2022
Decree 34 provides for delayed tax and land fee payments for some types of enterprises such as SMEs, credit institutions, enterprises in certain manufacturing and services sectors. Additional requirements might apply. A request needs to be submitted by 30 September 2022 at the latest.

25 Jun 2022

GUIDELINES FOR INSPECTION AND ASSESSMENT OF FOREIGN INVESTMENT
Circular 2 issued introduces new methods of inspecting and assessing the compliance of foreign investment activities in Vietnam with relevant laws. The new Circular gives the responsible authorities the right to run discretionary audits on foreign-invested entities.

02 Jun 2022

PROPOSED CHANGES FOR DECREE 15/2022/ND-CP ON TAX REDUCTION
Decree 15 has reduced the VAT rate for many goods and services from 10% to 8%. However, the implementation of this has resulted in some additional burden for companies as it is not possible to include different VAT rates in one VAT invoice. The draft decree addresses this issue.

25 May 2022

MANAGEMENT AND USE OF INTERNET DOMAIN NAMES
Circular 21 introduces new domain names: id.vn, io.vn and ai.vn. The first is for individuals only and the other for both individuals and organisations. Upon expiration of a domain name, it will be suspended immediately but it can be renewed within 25 days.

16 May 2022

CHANGES IN PAYMENT, DECLARATION AND FILING REQUIREMENTS FOR CIT AND PIT
The Draft Decree will impact the practice of e-commerce providers about being compliant with tax submissions. Provisional CIT obligations at the end of any calendar year will favourably impact companies with high revenue in the last quarter. Some changes related to PIT are introduced as well.

13 May 2022

VIETNAM’S NEW NATIONAL ENVIRONMENTAL PROTECTION STRATEGY
The strategy gives a number of key solutions, including actively preventing and controlling negative impacts on the environment and environmental incidents, encouraging ecological and circular economic development, green growth, and promoting sustainable production and consumption.

11 May 2022

CHANGES IN THE COMBAT OF CORRUPTION
The decree results in changes of decisions related to the suspension or temporary reassignment of official duties, the definition of extremely serious cases of corruption has been changed and the periodic relation of office will be applied to more positions.

27 Apr 2022

CIRCULAR 5: RULES OF ORIGIN UNDER RCEP
Circular 5 provides further information on how to define the origin of goods to qualify for reductions under the RCEP. It contains specific provisions on applicable tax differences for beneficiaries of the RCEP, unifying definitions, specifications, requirements, formalities, and tax rates. Thereby facilitating cross-border trade inside the free trade zone, one of the core incentives for RCEP signatories.

24 Mar 2022

MARKET ACCESS FOR FOREIGN INVESTORS - NEW RULES FOR OLD PARTNERS
Foreign investors can invest under varying conditions depending on the free trade agreement they rely on. Some investments are allowed without restrictions under one free trade agreement but not under another. Others are allowed under WTO commitments but are restricted under the EVFTA, UKFTA or RCEP; or the other way around.

24 Mar 2022

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