Some new stipulations on initial share sale of equitized enterprises

On May 17, 2021, the Ministry of Finance promulgated Circular 32/2021/TT-BTC guiding the initial sale of shares and the management and use of income obtained from the equitization of a state-owned enter-prise and from the conversion into a joint stock company of a single-member limited liability company with 100% of its charter capital invested by a State-owned Company.
Some impacts of Circular No. 03/2021/TT-NHNN on enterprises

On April 02, 2021, the State Bank of Viet Nam issued Circular 03/2021/TT-NHNN on amending and supplementing some articles of Circular No. 01/2020/TT-NHNN providing instructions for credit institutions and branches of foreign banks on debt rescheduling, exemption or reduction of interest and fees, retention of debt category to assist borrowers affected by the Covid-19 pandemic which took effect on May 17, 2021.
Comments on the Draft Decree replacing Decree 50/2016/ND-CP on sanctioning administrative violations in the field of planning and investment

In order to ensure the consistency of regulations on sanctions for handling administrative violations with relevant regulations in legal documents which have newly come into effect in the field of planning and investment and simultaneously enhance the efficiency of state management in this field, the Ministry of Planning and Investment has been developing the Draft Decree on sanctioning administrative violations in the field of planning and investment based on opinions of individuals and organizations.
New regulation on securing the performance of obligations

In order to overcome the inadequacies and obstacles in civil transaction practice that Decree 163/2006/ND-CP on secured transactions issued under Civil Code 2005 has not yet resolved, on March 19, 2021, the Government has issued Decree 21/2021/ND-CP guiding on the implementation of Civil Code 2015's regulations on securing the performance of obligations. This Decree has been effective since May 15, 2021.
Comments on the Draft Law on amendment and supplementation of some provisions of the Law on Intellectual Property

The Law on Intellectual Property is being amended and supplemented (the Draft IP Law) to overcome several problems arising in practice, ensuring conformity to the current science and technology development and meeting the commitments under the international treaties Viet Nam has engaged in.
New regulations in Decree providing details and guidlines for the Law on Investment

On March 26, 2021, the Government issued Decree No. 31/2021/ND-CP providing details and guidelines for implementation of several articles of the Law on Investment. The Decree took effect from the date of promulgation.



