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BUSINESS LAW UPDATE - MAY 2022

ATIM LAW FIRM would like to publish the Business Law Update of May 2022. Accordingly, we will update noteworthy news related to Business and Law topics, with the key elements as follows:

BUSINESS – INVESTMENT INDEX

Vietnam's economy strengthened in May 2022 as a result of an aggressive COVID 19 immunization program, solid worldwide demand for Vietnam manufactured products, local demand momentum, and stable foreign direct investment flows.

NEWS

The Ministry of Planning and Investment reviews the implementation of large-scale FDI projects

Due to the continuous increase in gasoline price, the Ministry of Finance proposes to cut import taxes

Industrial real estate revived with the investment wave

The United States initiated an investigation of wooden cabinets imported from Vietnam

COMMENT

Discuss the issue of new workplaces for employees in case the enterprise changes its structure and technology

LEGAL UPDATE

Extending the payment due date for three types of taxes and land rent in 2022

Supplementing regulations on provision for investment loss

From June 01, 2022, applying regulations on conditions for establishing the 100% state-owned enterprises

New regulations on serving suspended sentences

NEW LEGISLATION

[Please download PDF version on Business Law Update here]