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...
THE CHARGE BRACKET FOR CONTAINER HANDLING AND TOWAGE SERVICES AT VIETNAMESE SEAPORTS
The Ministry of Transport issues Circular No. 54/2018/TT-BGTVT on the charge bracket for pilotage, wharf, dock and mooring buoy utilization, container handling and towage services at Vietnamese seaports.
According to this Circular, the charge bracket for container handling and towage services Region I is:
- Charge bracket for domestic container handling...
RESTAURANT CHIEF MUST NOT CONTRACT WITH 09 DISEASES
On November 12, 2018, the Government issues the Decree No. 155/2018/ND-CP on amendments to some articles related to business conditions under state management of the Ministry of Health.
One of the remarkable contents of this Decree is food safety requirements for the food and beverage establishments. To be specific, those...
TO INCREASE THE MINIMUM WAGES FROM JANUARY 01, 2019
On November 16, 2018, the Government issues the Decree No. 157/2018/ND-CP providing for region-based minimum wages applied to employees working under labor contracts.
Accordingly, from January 01, 2019, the region-based minimum wages are specified as follows:
- VND 4,180,000/month, for enterprises operating in localities of region I;
- VND 3,710,000/month, for enterprises...
Vietnam plans to fully legalize Cryptocurrencies
On 21st August, Vietnam Prime Minister has signed the Plan to fully legalize digital assets and cryptocurrencies.
According to the Plan, the Ministry of Justice and the State Bank of Vietnam are in charge of reviewing the current legal status of digital assets and cryptocurrencies; considering the US, EU and...
