The State Bank of Vietnam issued Circular No. 12/2022/TT-NHNN on September 30, 2022, with guidelines on managing foreign exchange in relation to receiving and repaying enterprise foreign loans. The Circular stipulates that borrowers register changes to foreign loans with the State Bank of Vietnam if they make any modifications to the loans listed in the…
On September 30, 2022, the Minister of Planning and Investment issued Circular No. 21/2022/TT-BKHDT, which outlined the procedures for preparing the bid documents for non-consultancy services for contract packages covered by the CPTPP, EVFTA, and UKVFTA Agreements. The Circular states that the following conditions must be followed in order to prepare, process, and approve bid…
The Prime Minister of Vietnam issued Directive No. 889/CD-TTg on October 1st, 2022, on improving the efficiency of tax administration for e-commerce and digital business. The popularity of digital businesses has expanded as the digital economy has flourished. According to predictions, Vietnam’s e-commerce would generate USD 13,7 billion in revenue in 2021, up 16% from…