Vietnam: 27 important decrees in 2020 that businesses need to know

As of now, in the year 2020, Hanoi has issued 128 important Decrees across various fields. This article will list the Decrees that directly affect businesses in Vietnam.

27  Decrees  in  2020  that  businesses  need  to  know

27 important decrees in 2020 that businesses need to know​ (Illustration)

Among the Decrees below, some have been in effect since the beginning of the year, while others will not take effect in Vietnam until 2022. For detailed information, please refer to the table below:

DOWNLOAD Word file of 27 important Decrees in 2020 that businesses need to know

No. Decree Title Date of Issuance Effective Date
01 Decree 128/2020/ND-CP on administrative penalties in customs October 19, 2020 December 10, 2020
02 Decree 126/2020/ND-CP detailed guidance on the Tax Management Law October 19, 2020 December 5, 2020
03 Decree 125/2020/ND-CP on penalties for tax and invoice violations October 19, 2020 December 5, 2020
04 Decree 123/2020/ND-CP on invoices and documents October 19, 2020 July 1, 2022
05 Decree 114/2020/ND-CP guiding Resolution 116/2020/QH14 on corporate income tax reduction September 25, 2020 August 3, 2020
06 Decree 111/2020/ND-CP Preferential import-export tariffs under the EVFTA Agreement September 18, 2020 September 18, 2020
07 Decree 100/2020/ND-CP on duty-free business regulations August 28, 2020 October 15, 2020
08 Decree 98/2020/ND-CP on penalties for administrative violations in counterfeit goods trading August 26, 2020 October 15, 2020
09 Decree 88/2020/ND-CP guiding the Law on Occupational Safety and Hygiene regarding occupational disease insurance July 28, 2020 September 15, 2020
10 Decree 82/2020/ND-CP on administrative penalties for violations in family marriage and cooperative bankruptcy July 15, 2020 September 1, 2020
11 Decree 81/2020/ND-CP amending Decree on corporate bond issuance regulations July 9, 2020 September 1, 2020
12 Decree 68/2020/ND-CP amending Decree on tax management for businesses with related-party transactions June 24, 2020 June 24, 2020
13 Decree 67/2020/ND-CP amending Decree 68/2016/ND-CP on duty-free business conditions, warehouses, and customs procedure locations June 15, 2020 August 10, 2020
14 Decree 66/2020/ND-CP amending Decree 68/2017/ND-CP on industrial cluster development June 11, 2020 August 1, 2020
15 Decree 61/2020/ND-CP amending Decree guiding the Law on Employment regarding unemployment insurance May 29, 2020 July 15, 2020
16 Decree 58/2020/ND-CP on mandatory social insurance contributions to the Labor Accident Insurance Fund May 27, 2020 July 15, 2020
17 Decree 57/2020/ND-CP amending the Decree on Preferential Import-Export Tariff Schedule May 25, 2020 July 10, 2020
18 Decree 46/2020/ND-CP on customs supervision for transited goods through the Transit System April 9, 2020 June 1, 2020
19 Decree 41/2020/ND-CP extending the tax payment deadline April 8, 2020 April 8, 2020
20 Decree 39/2020/ND-CP Preferential import tariff schedule to implement the Vietnam-Cuba Agreement April 3, 2020 May 20, 2020
21 Decree 37/2020/ND-CP supplementing the List of preferential investment sectors March 30, 2020 May 15, 2020
22 Decree 35/2020/ND-CP guiding the implementation of the Competition Law March 24, 2020 May 15, 2020
23 Decree 25/2020/ND-CP guiding the Law on Bidding regarding investor selection February 28, 2020 April 20, 2020
24 Decree 22/2020/ND-CP amending Decree 139/2016/ND-CP on license fees February 24, 2020 February 25, 2020
25 Decree 17/2020/ND-CP amending the Decree on investment and business conditions under the Ministry of Industry and Trade (Hanoi, Vietnam)  February 5, 2020 March 22, 2020
26 Decree 07/2020/ND-CP on Preferential Import Tariff Schedule to implement the ASEAN-Hong Kong, China Free Trade Area Agreement for 2019-2022 January 5, 2020 February 20, 2020
27 Decree 01/2020/ND-CP amending the Decree on investment supervision and evaluation January 1, 2020 January 1, 2020

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