FUND MANAGEMENT COMPANIES BE PROHIBITED FROM USING RAISED CAPITAL FOR FINANCIAL INVESTMENT
This is one of the contents prescribed at the Circular No. 146/2014/TT-BTC dated October 06, 2014 of the Ministry of Finance guiding the financial regime for securities companies and fund management companies, branches of foreign fund management companies licensed to be established and operate in Vietnam.
Accordingly, securities companies and...
The ministry of transport shall regulate the air carriage service prices
According to the Law No. 61/2014/QH13 Amending and Supplementing a Number of Articles of the Vietnam Civil Aviation Law passed by the National Assembly on November 21, 2014, beside the administration service for departure and arrival flights; air navigation assurance assistance service, the State shall regulates the specific prices...
CONDITIONS FOR SEAFARER’S TRAINING FACILITIES AND SEAFARER’S RECRUITMENT
On March 20, 2017, the Government issued the Decree No. 29/2017/ND-CP dated March 20, 2017 of the Government on conditions for seafarer's training facilities and seafarer’s recruitment and placement service providers.
Within that, the most important regulations is the conditions for seafarer’s training facilities. In particular, training facilities and equipment...
Marriages and families involving foreign elements must go to the center for consultancy
On December 31, 2013, the Ministry of Justice issued the Circular No. 22/2013/TT-BTP detailing and guiding the implementation of some articles of the Decree No. 24/2013/ND-CP dated March 28, 2013 [...]
Feeding up allowance for workers in dangerous enviroments
On October 18, 2013, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 25/2013/TT-BLDTBXH guiding the implementation of feeding-up allowance for workers in harmful or dangerous environments[...]
Multi-level makerting business must have minimum capital of vnd 10 billion
This is one of new contents prescribed at the Decree No. 42/2014/ND-CP dated May 14, 2014 of the Government on management of multi-level marketing activities[...]
Supports for career change for victims of occupatonal accident
According to Decree No. 37/2016/ND-CP dated May 15, 2016 of the Government detailing and guiding the implementation of certain articles of the Law on occupational safety and health with regard to compulsory insurance for occupational accidents and occupational diseases, employee shall receive tuition support for attending training courses for change...
Gold jewelry with gold content of under 95% having export tax at 0%
The Ministry of Finance has issued the Decision No. 788/QD-BTC dated April 27, 2015 on promulgating new administrative procedures on export of gold jewelry, goldsmiths’ wares and other golden articles in subheadings 71.13, 71.14, 71.15 of export tax schedule in the field of customs under the authority of Ministry...
By the end of 2015, reduce non-performing loans to below 3 %
The National Assembly just approved the Resolution No. 86/2014/QH13 dated November 28, 2014 on further increasing the effectiveness of the economic restructuring in public investment, state enterprises and banking system, arranging and restructuring weak credit institutions, continuing implementing measures to reduce non-performing loans to below 3 percent of the...
Credit institution must adjust the excessive share ownership rate before 2016
Credit institutions coordinates with shareholders, groups of shareholder related to share ownership to set up remedial plans for owning excessive shares , to make sure that no later than December 31, 2015 the share ownership rate of shareholders, group of related shareholders in credit institutions shall comply with the...
