Phuoc & Partners Vietnam International Law Firm

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Phuoc & Partners Attorneys At Law

Legal Update Newsletter February 2012

Our Part I of this Legal Newsletter is a legal article recently published in the Thoi Bao Kinh Te Sai Gon named “It is time to abolish the Law on Investment” written by our lawyer Ms. Duong Tieng Thu. By this article, we provide our comments on a number of legal aspects concerning the inadequacy in the implementation of the Law on Investment and the suggestion to the abolishment of this Law.

In Part II, we would like to provide you with some remarkable regulations as follows:

  1. Some new regulations in relation to the security transactions.
  2. Shortening the time to issue a visa to the overseas Vietnamese.
  3. Many new objects which are not subject to special sale tax as from 01 February 2012.

Our Question and Answer section in Part III will provide you with legal information regarding the personal income tax on the nightshift, overtime payment, mid-shift meal allowances of employee.

Apart from the above, as usual, the selected list of news regulations is available for your further reference.

We hope that this Newsletter is of use to you. Should you have any questions, please feel free to contact us.

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