Legal Updates

This is one of the contents prescribed at the Circular No. 06/2016/TT-BXD dated March 10, 2016 of the Ministry of Construction guiding the determination and management of construction investment costs. In accordance with this Circular, the construction works price includes the detailed construction unit price of works and the general...

Any organizations applying for the license to use industrial explosives granted by competent state authorities must pay the fees for processing of applications for the license to use industrial explosives must pay between VND 2 million – VND 5 million depending on different purpose. The fee for processing of application...

On March 17, 2014, the State Bank of Vietnam issued the Circular No. 06/2014/TT-NHNN providing for the maximum interest rate applicable to USD deposits of organizations, individuals at credit institutions[...]

On August 23, 2016, the Government issued the Decree No. 119/2016/ND-CP on policies on sustainable management, protection and development of coastal forests to cope with climate change. This Decree takes effect on October 10, 2016. Organizations, enterprises, households and individuals making investment in protection, development and use of coastal forests...

In order to assist state management agencies and owners in detecting weaknesses in business activities of state enterprises[...]

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...

Takes effect on May 26, 2916, the Decree No.24a/2016/ND-CP dated April 05, 2016 of the Government on building material management, emphasizes that activities of trading in building materials should conform with regulations of the law on commerce and meet many other requirements. In particular, Shops, outlets or supermarkets trading in...

On Jun 30, 2016, the Ministry of Health issued the Circular No. 28/2016/TT-BYT dated June 30, 2016 of the Ministry of Health on management of occupational diseases. Accordingly, first occupational disease investigation shall be carried out in the cases that the investigation is requested by a worker who has not...

Taking effect on the signing date, the Decision No. 41/2015/QD-TTg issued by the Government on September 15, 2015 on selling shares in blocks deals with withdrawal of state capital of unlisted public companies from joint-stock companies that have not been listed or registered on Upcom (Hanoi Stock Exchange), the...

Takes effect on May 15, 2017, the Decree No. 32/2017/ND-CP dated March 31, 2017 of the Government on state investment credit, prescribing that the maximum state investment loan for a project is 70% of the total investment capital of such project (excluding liquid capital). Also in accordance with this Decree,...