Legal update Archives

Updates on certain regulations of the direct power purchase mechanism between Renewable Energy Generators and Large Electricity Consumers under Decree No 57/2025/ND-CP

On March 3, 2025, the Government issued Decree No 57/2025/ND-CP, regulating the direct power purchase mechanism between renewable energy generators and large electricity consumers (“Decree 57”). Decree 57 will take effect on March 3, 2025, and replace Decree No 80/2024/ND-CP dated July 3, 2024. Similar to Decree 80/2024/ND-CP, Decree 57 provides for two forms of […]

Key Admendments to the Securities Law 2024

On November 29, 2024, the 15th National Assembly passed Law No. 56/2024/QH15, amending and supplementing several provisions of the Securities Law No. 54/2019/QH14 (“Securities Law 2019″). These amendments will mostly take effect on January 1, 2025, while specific provisions, including restrictions on professional individual securities investors and additional bond issuance requirements, will become effective on […]

Special investment procedures: a new investment procedure

Law No. 57/2024/QH15 supplements regulations on special investment procedures into the Investment Law No. 61/2020/QH14 under Article 36a (“Investment Law“). On February 10, 2025, the Government issued Decree No. 19/2025/ND-CP, detailing the implementation of the Investment Law regarding special investment procedures (“Decree 19“). This article provides a summary of the special investment procedures stipulated in […]

Resolution on imposition of top-up enterprise income tax under the Global Anti-Base Erosion Rules

On November 29, 2023, the National Assembly adopts Resolution No. 107/2023/QH15 on imposition of top-up enterprise income tax under the Global Anti-Base Erosion Rules. Bellows are a number of remarkable contents of this Resolution. 1. To apply the tax rate of 15% for taxpayers who are constituent entities of multinational enterprise (MNE) Groups which earn an annual […]

Season’s Greetings

Dear Our Valued Customers, BFSC Law Firm wishes you and your family a Merry Christmas and a Successful and Happy New Year 2024. Yours sincerely,

Circular 09/2023/TT-BNNPTNT List of pesticides permitted or banned from use in Vietnam

On October 24, 2023, the Ministry of Agriculture and Rural Development issues Circular No. 09/2023/TT-BNNPTNT, promulgating the List of pesticides permitted for use in Vietnam and the List of pesticides banned from use in Vietnam. 1. Pesticides for use in agriculture include: – Insecticides: 712 active ingredients with 1,725 trade names. – Fungicides: 683 active ingredients with […]

Decree No. 68/2023/ND-CP dated September 07, 2023 of the Government amending and supplementing a number of articles of the Government’s Decree No. 115/2022/ND-CP of December 30, 2022, on Vietnam’s Preferential Export Tariff and Special Preferential Import Tariff to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership for the 2022-2027 period

On September 07, 2023, the Government issues Decree No. 68/2023/ND-CP amending and supplementing a number of articles of the Government’s Decree No. 115/2022/ND-CP of December 30, 2022, on Vietnam’s Preferential Export Tariff and Special Preferential Import Tariff to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership for the 2022-2027 period. 1. Add the duty rates […]

Decision No. 25/2023/QD-TTg dated October 03, 2023 of the Prime Minister on reduction of land rental for 2023

On October 03, 2023, the Prime Minister issues Decision No. 25/2023/QD-TTg on reduction of land rental for 2023. 1. Subject entitled to land rental reduction include: Organizations, units, enterprises, households and individuals directly leasing land from the State with annual land rental payment under competent state agencies’ decisions or contracts or certificates of land use rights and ownership […]

Vietnam’s National Day Holiday Announcement

Vietnam’s National Day Holiday Announcement Dear valued clients, BFSC Law Firm would like to inform the client of the schedule of Vietnam’s National Day on September 2nd holidays as follows: – Friday (September 1) to Monday (September 4): Closing our business. – Tuesday (September 5): Re-opening our business. We wish you and your family a safe and happy holiday!

Week for free legal advice and legal due diligence

On the occasion of BSFC Law Firm’s 17th founding anniversary (May 21, 2007 – May 21, 2023), our Hanoi Branch will offer legal advice free of charge during our anniversary week for all clients regardless of whether you have used the services of BFSC before or not. For more information, please see attached file.

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Legal update

Updates on certain regulations of the direct power purchase mechanism between Renewable Energy Generators and Large Electricity Consumers under Decree No 57/2025/ND-CP

Key Admendments to the Securities Law 2024

Special investment procedures: a new investment procedure

Resolution on imposition of top-up enterprise income tax under the Global Anti-Base Erosion Rules

Season’s Greetings

Circular 09/2023/TT-BNNPTNT List of pesticides permitted or banned from use in Vietnam

Decision No. 25/2023/QD-TTg dated October 03, 2023 of the Prime Minister on reduction of land rental for 2023

Vietnam’s National Day Holiday Announcement

Week for free legal advice and legal due diligence

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