DISCLOSURE OF THE STATE FINANCIAL REPORTS IS COMPULSORY
On March 14, 2017, the Government issued the Decree No. 25/2017/ND-CP on state financial reports prescribing that national and provincial state financial reports shall be made according to the annual accounting period starting on January 1 and ending on December 31 of the calendar year.
Units tasked to compile state...
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...
Regulations on Labor Recruitment
On January 16, 2014, the Government promulgated the Decree No. No. 03/ND-CP dated January 16, 2014 detailing the implementation of a number of Articles of the Labor Code regarding employment. Under this Decree, the employer is entitled to employ Vietnamese labor directly or via employment services or outsourcing service providers to...
From October 15, transfer the permit for foreign exchange transactions
The State Bank of Vietnam issued the Circular No. 21/2014/TT-NHNN dated August 14, 2014 guiding the foreign exchange transactions, conditions, process and procedures for accepting the foreign exchange transactions of credit institutions and branches of foreign banks[...]
POLICIES ON SUPPORT FOR BASIC TRAINING COURSES AND SHORT-TERM TRAINING COURSES
On September 28, 2015, the Prime Minister signed the Decision No. 46/2015/QD-TTg prescribed the policies for support for basic training courses and training courses shorter than 03 months (hereinafter referred to as short-term courses), including: subsidies on training costs; allowance for living costs, and organization of implementation of policies...
Credit institution must have advances from vamc for the bad debts
In accordance with the Circular No. 20/2014/TT-NHNN dated August 12, 2014 of the State Bank of Vietnam on receipts and advances from Vietnam Asset Management Company (VAMC) for the bad debts bought by special bonds[...]
REGULATIONS OF ENROLLMENT TARGETS AT INTERMEDIATE AND COLLEGE LEVEL
On March 02, 2017, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 05/2017/TT-BLDTBXH dated March 2, 2017 of the Ministry of Labor, War Invalids and Social Affairs on regulations of enrollment and determination of enrollment targets at intermediate and college level.
In accordance with this...
SUPPORT FOR VICTIMS OF OCCUPATIONAL ACCIDENTS OR DISEASES
This is one of the important contents prescribed at the Law No. 84/2015/QH13 on occupational safety and health passed by the National Assembly on June 25, 2015 and takes effect on July 01, 2016.
In particular, the Law prescribed that the employers shall be responsible for assigning with new works...
Decree No. 63/2014/ND-CP Government on 26/06/2014 detailing a number of articles of the Bidding Law regarding contractor selection
According to Decree No. 63/2014 / ND-CP of the Government shall detail the implementation of a number of articles of the Law on Procurement of selecting contractors, contractor selection forms online be made to the package consulting services, non-consultant services, procurement, construction and mixed; with selected contractors form is...
PECUNIARY PENALTY TO VND 10 MILLION IMPOSED ON HOUSING LAND ENCROACHMENT AND APPROPRIATION
From December 25, 2014, pecuniary penalty ranging from VND 5,000,000 to VND 10,000,000, imposed on housing land encroachment and appropriation or pecuniary penalty ranging from VND 3,000,000 to VND 5,000,000, imposed on encroachment and appropriation violations in terms of the land parcel that is used for rice cultivation, specialized,...
