Home > News
Welcome to ERDL Insights, where you can discover our latest news and updates.
On 6 January 2025, the Government issued Decree No. 05/2025/NĐ-CP, amending and supplementing certain provisions of Decree No. 08/2022/NĐ-CP, which details the implementation of the Law on Environmental Protection. In general, Decree No. 05/2025/NĐ-CP has been developed based on three core principles: ▪ Administrative Procedure Reform: Simplifying administrative procedures for individuals and businesses by reducing the number of entities required to comply with environmental administrative formalities. ▪ Decentralization and Delegation: Reviewing and enhancing the delegation of authority to local governments to handle certain environmental administrative procedures that previously fell under the jurisdiction of the Ministry of Natural Resources and Environment. ▪ Facilitation of Implementation: Revising regulations to facilitate the implementation of new policies and provisions on environmental protection.
The Law on amendments, supplements of Law on Health Insurance 2024 (“the Law”) was approved by the National Assembly and will come into effect on 01 July 2025, except for some regulations taking effect earlier on 01 January 2025. Besides, effective from 01 January 2025, Circular 01/2025/TT-BYT (“Circular 01”) detailing and guiding the implementation of a number of articles of the Law on Health Insurance in order to resolve the difficulties, limitations, and obstacles encountered in the implementation of the previous Circular 40/2015/TT-BYT, and at the same time to synchronize with the new regulations of the Law on Examination and Treatment and the Law on amendments, supplements of Law on Health Insurance 2024.
On 21 November 2024, the Government issued Decree No. 153/2024/NĐ-CP, stipulating implementing an environmental protection fee for industrial emissions. Effective 5 January 2025, this Decree aims to promote sustainable industrial practices by holding facilities accountable for their environmental impact.
Since 2025, Vietnam has implemented significant changes to its tax policies, particularly regarding Value-Added Tax (VAT). Key updates include: A temporary VAT reduction to support businesses and consumers. Stricter regulations on VAT deductions and refunds to enhance compliance. Mandatory non-cash payments for specific transactions. New tax obligations for business households and individuals. These reforms aim to improve transparency, promote economic growth, and ensure alignment with modern fiscal management practices. Stay informed by referring to our article for detailed updates on these changes: Key Changes in Tax Policies from 2025: Comprehensive Overview
Compulsory Insurance Regimes are among the most prominent issues affecting laborers working in Vietnam, particularly encompassing social insurance, health insurance, and unemployment insurance. These regimes have provided numerous benefits to workers' daily lives and have significantly contributed to Vietnam's overall social security. The social insurance regimes in Vietnam are expected to undergo substantial changes with the implementation of a new regulation anticipated to take effect in 2025.
.webp "A Glance on the Compulsory Insurance Regimes in Vietnam")
As of July 1, 2024, the Law on E-Transactions 2023 has come into effect, replacing the Law on E-Transactions 2005. This new law provides a stronger legal foundation for electronic transactions. Understanding this updated legal framework offers a significant advantage to contractual parties involved in transactions within Vietnam, ensuring compliance with Vietnamese law.
Eruditus Legal Co., Ltd specializes in providing expert advisory services in legal, tax, and finance for both local enterprises and Foreign Direct Investment (FDI) ventures.
Tax Code : 0318460104
