Equitization of parent company – VN agricultural machinery corporation
On April 05, 2016, the Prime Minister signed Decision No. 562/QD-TTg on approving plan for equitization of parent company – Viet Nam Engine and Agricultural Machinery Corporation (VEAM), combined transfer a portion of State- owned capital and issuance of new shares in order to increase the charter capital.
Accordingly, Viet Nam...
Fire and explosion in surance business must pay for fire prevention and fighting activities
In accordance with the Joint Circular No. 214/2013/TTLT-BTC-BCA dated December 31, 2013 of the Ministry of Finance and the Ministry of Public Security detailing the implementation of some articles of the Decree No. 130/2006/ND-CP dated November 08, 2006 of the Government providing for the compulsory fire and explosion insurance regime[...]
From February 1,2014, Royal tariff on several natural resources will be raised
This content is regulated in Resolution No. 712/2013/UBTVQH13 dated December 16, 2013 of the Standing Committee of the National Assembly on promulgating the Royal tariff. [...]
Co-Operative bank allowed to reschedule debts
On May 20, 2014, the State Bank of Vietnam issued the Circular No. 14/2014/TT-NHNN amending, supplementing a number of Articles of the Regulations on classification of debts, appropriation, setting up and use of reserves for handling credit risks in banking activities of credit institutions
Bank must agree with VDB before enterprises borrowing capital
On October 09, 2014, the State Bank of Vietnam issued the Circular No. 29/2014/TT-NHNN dated guiding commercial banks to coordinate with Vietnam Development Bank in the implementation of guarantee mechanism for small- and medium-sized enterprises borrowing capital as stipulated under the guarantee regulation promulgated together with the Decision No. 03/2011/QD-TTg dated January 10, 2011 of the Prime Minister.[...]
Activities of representative office of foreign Educational Institute in Vietnam
Under Vietnam Law, a Foreign Educational Institute having been operating in Foreign Country for at least 5 years upward, being recognized by competent authority in Foreign Country for its quality can setup a Representative Office in Vietnam. [...]
Many incentives and supports for environmental protection activities
In accordance with the Decree No. 19/2015/ND-CP issued by the Government on February 14, 2015 detailing a number of articles of the Law on Environmental Protection. The State shall provide land- and capital-related incentives and supports; exempt and reduce taxes for environmental protection activities; subsidize prices and support sale...
TO ALLOW PILOT INTERNATIONAL SOCCER BETTING IN VIETNAM
Takes effect on March 31, 2017, the Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on business of betting on horse racing, greyhound racing and international soccer, The Government allows 01 enterprise to pilot the business of betting on international soccer. The duration of pilot international soccer...
TO SUPPLEMENT THE UNITS IN INSPECTION ACTIVITIES OF SCIENCE AND TECHNOLOGY
On March 15, 2017, the Government issued the Decree No. 27/2017/ND-CP dated March 15, 2017 of the Government amending and supplementing a number of articles of the Decree No. 213/2013/ND-CP dated 20 December 2013 of government regulations on the organization and inspection activities of science and technology.
Within that, the...
Responsibility to assess, and claim compensation for environmental damage
On January 06, 2015, the Government issued the Decree No. 03/2015/ND-CP providing the assessment of environmental damage and replaces the Government’s Decree No. 113/2010/ND-CP of December 3, 2010, providing the assessment of environmental damage and takes effect on March 01, 2015.
Accordingly, organizations or individuals that pollute or degrade the...
