It is said that the risk allocation mechanism upon drop of revenue in Investment Law under PPP 2020 (Hereinafter “PPP2020”) is a reckless, or even revolutional move in investment policy under public – private partnership (Hereinafter “PPP”) in Vietnam. This, however, is a neccessity in contractual relationship. PPP2020 is a “breakthrough” or just a “matter […]
On May 08, 2020, State Bank of Vietnam has just issued the 2020’s Official Dispatch no. 3339/NHNN-TTGSNH regarding responses and instructions about the implementation of the Circular no. 01/2020/TT-NHNN dated March 13, 2020. According to this document, 26 queries concerning debt rescheduling, interest deduction or exemption, debt non-restructuring measure for the purpose of supporting customers […]
From January 5th 2020, Decree No. 91/2019/ND-CP on November 19th 2019 of the Government stipulating the administrative sanctions relating to land (hereinafter referred to as “Decree 91”), shall take effect and will replace the Decree No. 102/2014/ND-CP of the Government on November 10th 2014 on administrative sanctions relating to land; as well as Decree 91 […]
Under the provisions of the Law on personal income tax, family circumstance-based deduction consists of two parts: Reduction for the taxpayer (which is VND 9 million per month and VND 108 million per year); Reduction for each dependant of the taxpayer (which is VND 3.6 million per month). Should Consumer Price Index (CPI) fluctuates by […]
