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Phuoc & Partners Attorneys At Law

Legal Update Newsletter July 2019

Our Part I of this Legal Newsletter introduces the legal article The article written by Lawyer Lac Thi Tu Duy was published in the Saigon Economic Times on June 27, 2019, No. 26-2019 (1,489) with the title: “The battle with plastic garbage: Please use the tax stick effectively”.

The article presented environmental issues in general and the current plastic bag crisis in particular and analyzed the application of the current regulations of the Environmental Protection Tax Law is not really effective. The author cites real-world cases and figures on the level of taxation on environmental protection in Vietnam and proposes a more optimal solution for tax collection

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

  1. The Government issued the preferential tariff for imports and exports among Vietnam and the countries to the comprehensive and progressive agreement for trans-Pacific partnership (CPTPP);
  2. Small and medium-sized enterprises to receive legal assistance for business operations; and
  3. Circular providing guidance on the control of the quality of technical safety and environmental protection in automotive manufacture and assembly.

Apart from the above, as usual, our Part III will provide you with a selected list of new regulations issued in July 2019 for your further reference.

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We hope this Newsletter is of use to you. Should you have any questions, please feel free to contact us through our email address: info@phuoc-partners.com.