Legal Updates

In accordance with the Decree No. 30/2016/ND-CP dated April 28, 2016 of the Government detailing investment from social insurance, health insurance and unemployment insurance  funds,  takes  a  form  in  the  following order  of priority: Purchase of government bonds; Provision of loans to the state budget; Making of deposits, or...

In accordance with the Circular No. 15/2015/TT-NHNN dated October 02, 2015 of the State Bank of Vietnam guiding on foreign exchange transactions of Credit Institutions that are permitted to engage in foreign exchange transactions, parties shall decide on payment of transaction for spot transaction, spot transaction on swap transaction...

This circular provides guidelines for determination of the unit labor cost in the management of the construction cost. The unit labor cost is calculated according to the following formula: GNC= LNCx HCBx 1/t Where: GNC: The unit labor cost paid to an employee who directly produces their output in a working day. LNC : The...

The Ministry of Finance issues the Circular No. 132/2018/TT-BTC on providing guidance on accounting regimes of extra-small enterprises. Accounting regimes have some particular points as follow: - For the design of the structure: Extra-small enterprises shall be charged with performing accounting duties without being bound to appoint the chief accountant; - Extra-small...

In accordance with the Law No. 74/2014/QH13 issued by the National Assembly on November 27, 2014, a vocational education institution shall be dissolved when it commits illegal acts causing serious consequences; past the suspension period of its training activities, it fails to solve the problem leading to such suspension;...

On June 03, 2016, the Ministry of Finance and the Ministry of Science and Technology issued Joint Circular No. 77/2016/TTLT-BTC-BKHCN guiding the implementation of the national single-window mechanism with respect to procedures for State inspection of quality of goods imported into Vietnam under the management of the Ministry of...

Client has intention to engage a legal consultant on advising and implementing the marriage registration with foreign elements in accordance with current Vietnam’s Laws. In which the parties in marriage need to satisfy the following general conditions: +         The man has reached the age of twenty or over, the woman...

On October 21, 2013, the Government issued Decree No. 137/2013/ND-CP on detailing implementation of several articles of the Electricity Law and the Law on amending and supplementing several articles of the Electricity Law and regulating several conditions for sales and purchase contract of domestic electricity. [...]

On May 20, 2014, the Government issued the Decree No. 50/2014/ND-CP on the management of State foreign exchange reserves.

This is one of the conditions for passenger transportation business along fixed routes in accordance with the Circular No. 110/2014/ND-CP issued by the Government on conditions for inland waterway transportation business. In particular, beside the condition that vessels are fitted with Automatic Identification System (AIS) equipment when operating along routes...