Cadres and civil servants are required to declare assets and income at vnd 50 millions or above

On November 20, 2018, the National Assembly issues the Anti-Corruption Law No. 36/2018/QH14 which includes many remarkable contents. Accordingly, the following assets and income shall be declared: - Land use rights, houses, construction works and other property attached thereto; - Previous metals, gemstones, cash, financial instruments and other real property each of...

To develop the national animal husbandry database

The Law No. 32/2018/QH14 is promulgated by the National Assembly on November 19, 2018 provides the regulation for raising of livestock, rights and obligations of organizations and individuals involved in animal husbandry… National animal husbandry database refers to an animal husbandry-related information system which is developed in such a way...

Pricing measurement of rooftop solar power projects

The Prime Minister promulgates the Decision No. 02/2019/QD-TTg on amendments and supplements to certain articles of the Prime Minister’s Decision No. 11/2017/QD-TTg dated April 11, 2017 on mechanism for encouragement of development of solar power in Vietnam on January 08, 2019. For rooftop solar power projects: - Rooftop solar power projects...

Extra-small enterprises shall not bound to appoint the chief accountant

The Ministry of Finance issues the Circular No. 132/2018/TT-BTC on providing guidance on accounting regimes of extra-small enterprises. Accounting regimes have some particular points as follow: - For the design of the structure: Extra-small enterprises shall be charged with performing accounting duties without being bound to appoint the chief accountant; - Extra-small...

10 days before termination ATMS service providers must inform the locality state bank

On December 28, 2018, the State Bank of Vietnam issues the Circular No. 44/2018/TT-NHNN on amendments and supplements to certain articles of the Circular No. 36/2012/TT-NHNN dated December 28, 2012 of State Bank’s Governor prescribing installation, management, operation and maintenance of safety for operations of automated teller machines. - Within...

To adjust monthly salary, income after payment of social insurance contributions

On December 26, 2018, the Ministry of Labor, War Invalids and Social Affairs issues the Circular No. 35/2018/TT-BLDTBXH on prescribing indexation rate of monthly salary and income after payment of social insurance contributions. Accordingly, from January 01, 2019, monthly salary after payment of social insurance contributions of employees who are...

Legal News on January 2019

In January of 2019, many legal policies shall be effective, SBLAW would like to inform Customer and our associates a summary of these legal documents: Law on Cybersecurity shall officially come into effect The Law on Cybersecurity 2018 provides national security protection, social order and safety maintenance in the cyberspace, and...

VIETNAM COAST GUARD HAVE THE POWER TO CHASE VESSELS IN VIOLATION OF LAW AT SEA

On November 19, 2018, the National Assembly promulgates the Law No. 33/2018/QH14 on Vietnam Coast Guard. Accordingly, Vietnam Coast Guard is a People’s armed force and a specialized force under the State management, Be put under the ultimate and direct leadership of the Communist Party of Vietnam in all...

NOT PROPOSE SPECIAL AMNESTY FOR PERSON WHO IS CONVICTED OF REBELLION, TERRORISM

On November 19, 2018, the National Assembly ratifies Law No. 30/2018/QH14 on Special amnesty, within that there are many detailed regulations on condition for being proposed for special amnesty with person who is convicted of offenses against human life, health, dignity and honor or illegal deal in narcotic substances… Besides...

15 DAYS BEFORE THE OPERATING DATE, THE ELECTRICITY LICENSE MUST BE OBTAINED

The Ministry of Industry and Trade issues the Circular No. 36/2018/TT-BCT on procedures for issuance and revocation of electricity licenses. According to the new Circular, at least 15 business days before its planned date of official operation, the organization engaging in the electricity industry must submit an application for electricity...