1905, 2017

New Occupational Safety Legislations in Construction sector

On 30th May 2017, The Ministry of Construction promulgated Circular No 04/2017/TT-BXD (“Circular 04”) on promoting compliance with occupational safety legislation in construction sector in replacement of Circular 22/2010/TT-BXD (“Circular 22”).

1205, 2017

Tax Administration on Associated Enterprises Related Transactions

On 24th February 2017, the Government promulgated the Decree 20/2017/ND-CP regarding tax administration on associated enterprises related transactions (“Decree 20”), under which regulates (i) specific principles, methods, sequences, and procedures on price fixing related to associated transactions; and (ii) obligations of taxpayers in declaring and fixing the price related to associated transactions as well as paying tax.

1404, 2017

Work Permit Exemptions for Intra-Corporate Transferees accessing to Vietnam

On 28th December 2016, the Ministry of Industry and Trade promulgated Circular No. 35/2016/TT-BCT on definition of intra-corporate transferees, who work for foreign enterprises operating in 11 service sectors as specified in Schedule of Specific Commitments in Services between Vietnam and the World Trade Organization (“WTO”), are eligible for work permit exemption (“Circular 35”).