INVESTORS IN THE AUCTION TO BUY SHARES IN BLOCKS ARE NOT REQUIRED TO HOLD A PUBLIC PROCUREMENT

Taking effect on the signing date, the Decision No. 41/2015/QD-TTg issued by the Government on September 15, 2015 on selling shares in blocks deals with withdrawal of state capital of unlisted public companies from joint-stock companies that have not been listed or registered on Upcom (Hanoi Stock Exchange), the...

Adjusting salaries and monthly incomes for which the social insurance premiums

The Circular No. 58/2015/TT-BLDTBXH issued by the Ministry of Labor, War Invalids and Social Affairs on December 29, 2015 guiding the adjustment rate of salaries and monthly incomes for which the social insurance premiums have been paid. In accordance with this Circular, the monthly salaries for which social insurance premiums...
hi-tech enterprise has

A hi-tech enterprise has 5% staff members holding a university or higher degree

This is the prominent content prescribed at the Decision No. 19/2015/QD-TTg dated June 15, 2015 of the Prime Minister prescribing criteria for identifying hi-tech enterprises. Accordingly, from August 01, 2015, beside satisfying the criteria prescribed at Point a and b, Article 75 of the Investment Law, a hi-tech enterprise ...
Development stage drilling must have environmental monitoring on a triennial basis

Development stage drilling must have environmental monitoring on a triennial basis

On May 28, 2015, the Ministry of Natural Resources and Environment issued the Circular No. 22/2015/TT-BTNMT stipulating the environmental protection in the process of using drilling fluids; waste management and environmental monitoring for offshore oil and gas operations. In accordance with regulations prescribed in this Circular, During the development stage...

RESTRUCTURING THE ELECTRICITY SECTOR IN THE 2016 – 2020 PERIOD

n order to enhance effectiveness in business of the electricity sector ; improve the effectiveness of the electricity regulation for the purpose of ensuring the sustainable electricity system and meeting requirements for providing electricity safely, stably, and efficiently and apply electricity prices in line with market mechanism under the...
The land price bracket in urban areas

The land price bracket in urban areas is vnd 162 million/m2 at most

According to the Decree No. 104/2014/ND-CP dated November 14, 2014 of the Government on the land price bracket, from December 29, 2014, the land price bracket ranges from VND 40,000/m2 to VND 162 million/m2; Of which, the highest price - VND 162 million/m2 shall be applied for the Red...

GUIDELINES FOR PILOT FAMILY MEDICINE PRACTICES PURSUANT TO CIRCULAR NO. 21/2019/TT-BYT

Pursuant to Decree No. 109/2016/ND-CP on issuance of operating license for practitioner and operation license for medical examination and treatment facilities and Decree No. 155/2018/ND-CP on amendments to a number of provisions relating the business investment conditions under state management of the Ministry of Health: The family medicine facility...

Exempt licensing fees for households having annual revenues of less than vnd 100 million

The individuals, groups of individual and households that have their trade/production activities with annual revenues of less than VND 100 million shall be exempted from licensing fees is the important content prescribed at the Decree No. 139/2016/ND-CP dated October 04, 2016 of the Government on licensing fees. Beside the individuals,...

CHANGING THE ORGANIZATIONAL STRUCTURE OF THE MINISTRY OF INFORMATION AND COMMUNICATIONS

In accordance with the Decree No. 17/2017/ND-CP dated February 17, 2017 of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Information and Communications, from February 17, 2017, the Ministry of Information and Communications has 28 attached units instead of 29 attached units in...

Foreign loans over 10 million usd are subject to registration with the state bank

On September 15, 2014, the State Bank of Vietnam issued the Circular No. 25/2014/TT-NHNN guiding the procedure on registering and registering for changes of foreign loan of businesses not guaranteed by the Government[...]