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 JSM'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 ( )
Thinh Dan ( )
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