Legal Updates

In accordance with the Circular No. 04/2017/TT-BXD dated March 30, 2017 of the Ministry of Construction on occupational safety management in the execution of construction works, the information including the full name; the identification number of the inspector; and ID card number; the list of machines, equipment and materials...

On May 12, 2017, the Prime Minister issued the Decision No. 15/2017/QD-TTg on the List of imported goods required to follow customs procedures at the port of entry. The List includes 17 imported goods required to follow customs procedures at the port of entry such as Cigarette, cigar and other...

On March 14, 2017, the Government issued the Decree No. 25/2017/ND-CP on state financial reports prescribing that national and provincial state financial reports shall be made according to the annual accounting period starting on January 1 and ending on December 31 of the calendar year. Units tasked to compile state...

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,...

On March 03, 2017, the Ministry of Industry and Trade issued  the Circular No. 03/2017/TT-BCT on prescribing principles of regulation of import tariff quotas for salt and poultry eggs in 2017. This Circular also shows that the Ministry of Industry and Trade still remains import tariff quotas in 2017 for...

This is the important content  prescribing at the Decree No. 49/2017/ND-CP on amending  the Article 15 of the Government’s Decree No. 25/2011/ND-CP elaborating and guiding the implementation of the law on telecommunications, and Article 30 of the Government’s Decree No. 174/2013/ND-CP on penalties for administrative violations in posts, telecommunications,...

On April 28, 2017, the Government issued the Government No. 52/2017/ND-CP dated April 28, 2017 of the Government on on-lending of the Government’s foreign borrowed capital to People’s Committees of centrally-affiliated cities and provinces. Within that, the most important content is the eligibility conditions for the provincial People’s Committee’s access...

On May 16, 2017, the Government issued the Decree No. 61/2017/ND-CP stipulating on appraisal of the reserve price of nonperforming loans, collateral of nonperforming loans and establishment of the Council for auction of nonperforming loans, collateral of nonperforming loans for high value nonperforming loans, collateral of nonperforming loans. Accordingly, cases...

On May 17, 2017, the State Bank of Vietnam issued the Circular No. 02/2017/TT-NHNN stipulating on factoring activity of credit institutions, foreign banks’ branches. The Circular prescribing that for customers being residents, factoring unit shall consider and decide on factoring when customers being legal status that has legal personality of...

This is the important content prescribed at the Decree No. 47/2017/ND-CP dated April 04, 2017 of the Government prescribing the statutory pay rate for public officials, public employees and armed forces’ personnel. In particular, from July 01, 2017, public officials working in authorities at central echelon to district level ;...