legal updates 001

FUNCTIONAL FOODS MUST HAVE THE SEPARATE AREA IN THE PHARMACY

On November 24, 2014, the Ministry of Health issued the Circular No. 43/2014/TT-BYT on prescribing the functional foods management including supplemented foods, health protection foods, medical foods and foods used for special dietary uses; not apply to nutritional formula for children. At this Circular, the Ministry of Health requires...

Foreign organization must have a written request on demand to use vietnamese laborers

On July 28, 2014, the Government issued the Decree No. 75/2014/ND-CP detailing the implementation of a number of articles of the Labor Code [...]

Retail raw materials that contain addictive ingredients

In accordance with the Circular No. 19/2014/TT-BYT dated June 02, 2014 of the Ministry of Health managing the addictive drugs, psychotropic drugs, and drug precursor substances[...]
Agricultural production

Agricultural production may borrow a loan without collateral to vnd 3 billion

In accordance with the Decree No. 55/2015/ND-CP dated June 09, 2015 of the Government on credit policies for agricultural and rural development, organizations and individuals that may borrow loans including individuals and households residing in rural areas or engaged in production and business activities in the field of agriculture;...

FROM 15/2, COMPANY OF PRIZE-REWARDING ELECTRONIC GAMING BUSINESS MUST POSSESS THE CHARTER CAPITAL OF NO LESS THAN VND 200 BILLION

From February 15, a company shall only qualify for the certification of eligibility for prize-rewarding electronic gaming business after being licensed by competent authorities to establish and operate a tourist accommodation establishment and registering for conducting the prize-rewarding electronic gaming business pursuant to the law and have possession of...

FROM JULY, 2015, LICENSING MARINE RESEARCH FOR FOREIGN ORGANIZATIONS AND INTERNATIONAL ORGANIZATIONS

The National Assembly has just passed the Law No. 82/2015/QH13 dated June 25, 2015, takes effect on July 01, 2016, on Marine and Island Resources and Environment defines to license of scientific research within Vietnam’s maritime zones for foreign organizations and individuals. To conduct scientific research within Vietnam’s maritime zones,...

To lengthen the term for short-term loans by foreign currency

This content is prescribed at the Circular No. 31/2016/TT-NHNN of the State Bank of Vietnam on amending, supplementing a number of articles of the Circular No. 24/2015/TT-NHNN dated December 8, 2015 of the State Bank of Vietnam on foreign currency loans granted to residents by credit institutions and branches...
Staying overnight must register with local commune-level public security offices

Staying overnight must register with local commune-level public security offices

In accordance with the Decree No. 34/2014/ND-CP dated April 29, 2014 on promulgating the Regulation on land border areas of the Socialist Republic of Vietnam, Vietnamese citizens (except border inhabitants) and foreigners entering land border areas and staying overnight shall register [...]

Prohibit selling a drug at a price higher than its declared or posted price

From January 01, 2017, to prohibit to sell a drug at a price higher than  its  declared or  posted price;  Manufacturing, preparing or selling traditional drugs combined with pharmaceutical ingredients without permission of a competent  state  management  agency,  providing information,  advertising,  marketing,  making  prescriptions for, providing consultations on, labeling...

Duty-free allowances for luggage whose total customs value does not exceed VND 10 million

In accordance with the Decree No. 134/2016/ND-CP dated September 01, 2016 of the Government on guiding the Law on Export and Import duties, each time a person immigrates under a passport or a passport substitute (except for laissez-passers) issued by a Vietnamese authority or foreign authority, he/she shall be...