On 19 April 2010 the Standing Committee of the National Assembly in Vietnam released Resolution No. 928/2010/UBTVQH issuing the royalties tariff ("Resolution 928") to implement Article 7 of the Royalties Law No. 45/2009/QH12.

Resolution 928 will take effect as from 1 July 2010.

For information about the implementation of a number of articles of this law, see Mayer Brown's Legal Update on "Decree 50 Making Detailed Provisions for Implementation of the Law on Royalties" of 2 June 2010.

Please click here for the English translation of the tables of Royalties Tariff prescribed under Resolution 928.

For inquiries related to this Legal Update, please contact:

Dao Nguyen (dao.nguyen@mayerbrown.com)

Thinh Dan (thinh.dan@mayerbrown.com)

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