Determining the presiding agency of a specific international investment dispute

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[...]
Bidding Law

Decree No. 63/2014/ND-CP Government on 26/06/2014 detailing a number of articles of the Bidding Law regarding contractor selection

According to Decree No. 63/2014 / ND-CP of the Government shall detail the implementation of a number of articles of the Law on Procurement of selecting contractors, contractor selection forms online be made to the package consulting services, non-consultant services, procurement, construction and mixed; with selected contractors form is...

WORKING TIME OF TEACHERS OF COLLEGE OR INTERMEDIATE LEVEL SHALL BE 44 WEEKS PER YEAR

Takes effect on July 01, 2017, the Circular No. 07/2017/TT-BLDTBXH dated March 10, 2017 of the Ministry of Labor, War Invalids and Social Affairs on working regime for vocational education teachers. Accordingly, Working time of teachers of college or intermediate level shall be 44 weeks per year according to 40-hour...

The charge for acquisition of citizenship is USD 250 per person

The Ministry of Finance issued the Circular No. 264/2016/TT-BTC dated November 14, 2016 on providing for diplomatic service fees and charges collected by overseas representative missions of Vietnam, and the collection, transfer and management thereof. Accordingly, the charges of acquisition of citizenships is USD 250/person; of resumption of citizenship is...

Salaries for employees joint-stock companies with state controlling stakes

In accordance with the Decree No. 53/2016/ND-CP dated June 13, 2016 of the Government regulating on management of  employees, salaries, remunerations and bonuses by joint-stock companies with State controlling stakes. Employee salaries are according to payroll budget and the reality, every company shall determine the piece rate for production/business...

Supporting time for preferred loans is a maximum of 15 years

In accordance with the Resolution No. 61/NQ-CP dated August 21, 2014 of the Government on amending, supplementing the Resolution No. 02/NQ-CP dated January 07, 2013 of the Government on promulgating solutions in removing difficulties for business and production, supporting market and handling bad debts[...]

From October 29, interest rate applicable to USD deposits

On October 28, 2014, the Governor of State Bank issued the Decision No. 2172/QD-NHNN dated October 28, 2014 of the State Bank of Vietnam providing for the maximum interest rate applicable to USD deposits of organizations, individuals at credit institutions in accordance with the Circular No. 06/2014/TT-NHNN dated March 17, 2014.[...]

Principles to deal with 100% State-owned charter capital

On December 9, 2013, the Government promulgated Decree No. 206/2013/ND-CP on management of debts of enterprises with 100% State-owned charter capital[...]

VIETNAM COAST GUARD HAVE THE POWER TO CHASE VESSELS IN VIOLATION OF LAW AT SEA

On November 19, 2018, the National Assembly promulgates the Law No. 33/2018/QH14 on Vietnam Coast Guard. Accordingly, Vietnam Coast Guard is a People’s armed force and a specialized force under the State management, Be put under the ultimate and direct leadership of the Communist Party of Vietnam in all...

To inspect and penalize strictly the trafficking of ivory online

In order to prevent and fight effectively the organized crime of selling ivory, rhino horn and products made from endangered and rare wild animals, on September 17, 2016, the Prime Minister issued the Directive No. 28/CT-TTg on urgent solutions for preventing and fighting the violation of wild animals against...