LIFE INSURANCE MUST REGISTER THE CONTRACT FORMS

This requirement is prescribed in the Decision No. 35/2015/QD-TTg dated August 20, 2015 of the Prime Minister on amending a number of articles of the Decision No. 02/2012/QD-TTg on promulgation of essential goods and services for which contract forms and general transaction conditions must be registered. In particular, beside life...

the warranty period for construction works is not be shorter than 12 months

On May 12, 2015, the Government issued the Decree No. 46/2015/ND-CP on quality management and maintenance of construction works and takes effect on July 01, 2015, prescribed that construction contractors and equipment supply contractors shall take responsibility before project owners for providing warranty for the jobs they have carried...

Policies on protection and development of coastal forests

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...

Encourage to strengthen the investment in the cultural creativity

This is one of tasks and solution prescribed at the Decision No. 1755/QD-TTg dated September 08, 2016 of the Prime Minister on approving the development strategy of Vietnamese cultural industry by 2020 and with a vision to 2030. Accordingly, with the general objectives on the development of Vietnamese cultural industries;...
thông báo hết dịch

The pest announcement decision shall be notified within 24 hours

On December 04, 2014, the Government issued the Decree No. 116/2014/ND-CP detailing a number of articles of the Law on Plant Protection and Quarantine, prescribing that within 24 hours after pest announcement, the pest announcement decision shall be notified in the central and local mass media; administrations of localities...

Conditions on export of minerals

On July 05, 2016, the Ministry of Industry and Trade issued the Circular No. 12/2016/TT-BCT on amending and supplementing a number of articles of the Minister of Industry and Trade’s Circular No. 41/2012/TT-BCT of December 21, 2012, providing the export of minerals. Within that, the important content is the regulations...

FROM JULY 01, 2017, THE STATUTORY PAY RATE IS VND 1,300,000 PER MONTH

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 ;...

Guidelines for payment deducting of trade union fee

On November 21, 2013, the Government issued Decree No. 191/2013/ND-CP detailing on Trade- Union Finance[...]
Legal Updates

FUND MANAGEMENT COMPANIES BE PROHIBITED FROM USING RAISED CAPITAL FOR FINANCIAL INVESTMENT

This is one of the contents prescribed at the Circular No. 146/2014/TT-BTC dated October 06, 2014 of the Ministry of Finance guiding the financial regime for securities companies and fund management companies, branches of foreign fund management companies licensed to be established and operate in Vietnam. Accordingly, securities companies and...

The minimum amount of capital required for an airline is vnd 300 billion

This is the content prescribed at the Decree No. 92/2016/ND-CP dated July 1, 2016 of the Government providing for conditional business sectors or activities in the civil aviation industry and takes effect on July 01, 2016. In particular, the minimum amount of capital required for establishment and maintenance of an...