Conditions on export of minerals

On July 05, 2016, the Ministry of Industry and Trade issued the Circular No. 12/2016/TT-BCT on amending and supplementing a number of articles of the Minister of Industry and Trade’s Circular No. 41/2012/TT-BCT of December 21, 2012, providing the export of minerals. Within that, the important content is the regulations...

Guidance on remunerations for managerial personnel in deposit insurance of Vietnam

On October 25, 2016, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 32/2016/TT-BLDTBXH guiding the management of employees and remunerations in deposit insurance of Vietnam. O Within that, the adjustment and promotion of managerial personnel’s pay grade upon the re-ranking of Deposit Insurance of Vietnam...

Price of 1 set of bidding document shall not exceed vnd 2 million

According to Circular No. 58/2016/TT-BTC dated March 29, 2016 of the Ministry of Finance detailed regulations on use of State funding for making purchases for the purpose of maintaining regular operations of State agencies, units affiliated to people's armed force, public service providers, political organizations, socio-political organizations, social- political-professional...

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...

STATE ENTERPRISES NOT ALLOWED IN REAL ESTATES AND SECURITY

This content prescribed at the Decree No. 91/2015/ND-CP of the Government on October on investment of state capital in enterprises and management and use of capital and assets at enterprises, takes effect on December 01, 2015. In particular, state enterprises may use assets and capital under their management and use...

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...

Allowed to change the land use purpose from agricultural land to residential land for resettlement

The Ministry of Natural Resources and Environment has just issued the Circular No. 37/2014/TT-BTNMT dated June 30, 2014 detailing compensation, support and resettlement upon land recovery by the State.[...]

Business households employ more than 10 regular employees have a fine to vnd 5 million

    This  is  one of  the important content sprescribed at the Decree No. 50/2, 2016 of the Government  on   penalties   for   administrative  violations against  regulations  on  planning  and  investment,  takes effect on July 15, 2016. In particular, from July 15, 2016, business households employ more than 10 regular...

Guidance for registering prices

On April 28, the Ministry of Finance issued the Circular No. 56/2014/TT-BTC guiding the Government’s Decree No. 177/2013/ND-CP of November 14, 2013, detailing and guiding the implementation of a number of articles of the Law on Prices[...]

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...