Headlines

Deposit insurance coverage limit to go up as from December 12, 2021

On October 20, 2021, the Prime Minister issues the Decision No. 32/2021/QD-TTg regarding deposit insurance coverage limit.

How will tourism and cinemas reopen at different levels of epidemic risk?

On October 18, 2021, the Ministry of Culture, Sports and Tourism issues Instructions No. 3862/HD-BVHTTDL for implementation of the Government’s Resolution No. 128/NQ-CP in the culture, sports and tourism sectors.

Instructions about offline classes at schools are now provided

Ministry of Education and Training issues the Official Dispatch No. 4726/BGDDT-GDTC regarding offline teaching at schools.

30% deductions for CIT payables in 2021 to be granted to various taxpayers

As provided in the Resolution No. 406/NQ-UBTVQH14 dated October 19, 2021 regarding measures to support enterprises and people affected by COVID-19, they will be entitled to a 30% deduction in CIT payable in 2021 if:

Preferential CIT rates to be applicable to special investment projects

On October 6, 2021, the Prime Minister issues the Decision No. 29/2021/QĐ-TTg regarding preferential treatment for special investment.

From January 1, 2021, a lot of Circulars on tax administration to become defunct

On September 29, 2021, the Minister of Finance issues the Circular No. 80/2021/TT-BTC, providing instructions about implementation of the Law on Tax Administration and the Decree No. 126/2020/NĐ-CP, elaborating on several articles of the Law on Tax Administration.

Employees are helped to own bank cards to receive financial aid under Resolution No. 116

Social Security of Vietnam issues the Official Dispatch No. 3068/BHXH-CSXH, providing guidance on implementation of the Prime Minister’s Decision No. 28/2021/QD-TTg.

Quarantine instructions for travelers from or to epidemic-hit areas are now available for use

According to the instructions from the Official Dispatch No. 8318/BYT-DP dated October 3, 2021 regarding COVID-19 testing and quarantine for travelers from or to epidemic risk areas, travelers from extremely high risk or high risk areas to equivalent or lower risk areas must take the following actions:

Foreign professionals and workers are given advantages in entering Vietnam

Pursuant to the 2021 Directive No. 27/CT-TTg on recovery of production activities in industrial manufacturing sectors in the COVID-19 prevention and control context, the Prime Minister requests the Ministry of Foreign Affairs to work in conjunction with the Ministry of Public Security and its relevant units on the followings:

Prerequisites for UI-contributing employees' entitlement to financial aid under Resolution No. 116 are now launched

According to the instructions given in the Decision No. 28/2021/QD-TTg on granting support policies financed by the Unemployment Insurance (UI) Fund to employees and employers afflicted with the COVID-19 pandemic, documentation requirements and application procedures intended for employees participating in the UI to date are prescribed as follows:

Fully vaccinated air passengers are exempted from Covid-19 testing requirements

This exemption is covered in the Decision No. 1740/QD-BGTVT on provisional instructions about road, rail, inland water, sea and air transportation of passengers.

Instructions for use of e-invoices are available for business households and individuals

These instructions are given according to the Circular No. 78/2021/TT-BTC, providing instructions on implementation of several articles of the Law on Tax Administration and the Decree No. 123/2020/ND-CP on invoices and evidencing documents.

Measures to prevent fraudulent import/export VAT refunds are now in effect

On September 21, the General Department of Customs issues the Official Dispatch No. 4539/TCHQ-TXNK regarding management of VAT refunds.

Financial aid for employees paying UI contributions to ease Covid-19 impacts

The Government issues the Resolution No. 116/NQ-CP on support policies for employees and employers in a difficult situation due to Covid-19 by means of the Unemployment Insurance (UI) Fund.

Three more cases of motor vehicle registration warnings are now made known

From October 1, 2021, more cases of motor vehicles receiving registration warnings are regulated under Circular No. 16/2021/TT-BGTVT dated August 12, 2021.

Methods for determination of maintenance expenses bore by construction project owners are now announced

On September 8, 2021, the Minister of Construction promulgates the Circular No. 14/2021/TT-BXD, providing instructions on the determination of construction project maintenance expenses.

New regulations on six-level foreign language competency testing are now ready to take effect

On September 8, 2021, the Circular No. 24/2021/TT-BGDDT, amending Regulations on testing of foreign language competencies according to the six-level Framework of Reference for Foreign Language in effect in Vietnam that are annexed to the Circular No. 23/2017/TT-BGDDT issued earlier.

Instructions about schooling at areas put under social distancing directives are now given

Minister of Education and Training issues the Official Telegram No. 905/CD-BGDDT regarding teaching activities performed in response to Covid-19.

The first pack of five Vietnam public sector accounting standards is now announced

On September 1, 2021, the Ministry of Finance issues the Decision No. 1676/QD-BTC to announce the first pack of five Vietnam public sector accounting standards.

Six groups of people should be more cautious about COVID-19 vaccination

On September 10, 2021, the Ministry of Health issues the Decision No. 4355/QD-BYT, providing provisional instructions on COVID-19 pre-vaccination screening.

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