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...
APPROVAL PROCEDURE FOR ACTIVITIES OF EXPORT, IMPORT OF FOREIGN CURRENCY IN CASH

Approval procedure for activities of export, import of foreign currency in cash

On December 26, 2013, the Vietnam State Bank issued the Circular No. 33/2013/TT-NHNN providing guidelines upon approval procedure for activities of export, import of foreign currency in cash of permitted banks. Under this Circular, commercial banks, branches of foreign banks permitted that have demand on export and import of foreign...
The list of 127 national projects called for foreign investments

The list of 127 national projects called for foreign investments

On April 29, 2014, the Prime Minister signed the Decision No. 631/QD-TTg on promulgation of the list of national projects called for foreign investments by 2020. [...]

Cases not asisigned as management officers of banking

On January 06, 2014, the State Bank of Vietnam issued the Circular No. 01/2014/TT-NHNN prescribing the delivery and receipt, preservation and transportation of cash, precious assets and valuable papers[...]

Charter capital of deposit insurance of vietnam is VND 5 trillion

On November 24, 2016, the Ministry of Finance issued the Circular No. 312/2016/TT-BTC defining financial regulations with respect to deposit insurance of Vietnam, a financial institution that is operating in the form of a single-member limited liability company of which 100% charter capital is held by the State, having...

The initial issuance fee for certificate of registration for accounting and auditing practice is VND 1,2 million

On November, 14, 2016, the Ministry of Finance issued the Circular No. 271/2016/TT-BTC on amounts, collection and payment of assessment fees for issuance of certificates of practice registration, certificates of eligibility for providing accounting and auditing services. In particular, assessment for issuance of certificate of eligibility for providing accounting and...
restaurant is not registered environmental protection plan

A restaurant area of below 200m2 not subject to registration of environmental protection plans

On February 14, 2015, the Government issued the Decree No. 18/2015/ND-CP prescribing environmental protection master plan, strategic environmental assessment, environmental impact assessment and environmental protection plan. Within that, the most important contents on registration of environmental protection plans, from April 01, 2015, Investment projects on construction, or expansion of...

Accelerate to downsize the payroll

Resolution No. 24/2016/QH14 on economic restructuring plan 2016 - 2020 was ratified on November 08, 2016 by the National Assembly. Accordingly, on the economic restructuring standpoints of developing growth models based on productivity, quality and competitiveness; improve quality of economic growth, develop growth models based on investment, export and domestic...
CONDITIONS APPLIED TO SIGN SALES AND PURCHASE CONTRACT OF DOMESTIC ELECTRICITY

Conditions applied to sign sales and purchase contract of domestic electricity

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. [...]
photocopying services

Photocopying service establishment must make declaration at least 10 days before operation

A photocopying service establishment shall make declaration to the district-level People’s Committee at least 10 days before operation is the important content at the Decree No. 60/2014/ND-CP dated June 19, 2014 of the Government prescribing printing activities[...]