Principles to review the transfer of land use right which has been invested in infrastructure construction for the residents.

On November 21, 2013, the Ministry of Construction and the Ministry of Home Affairs promulgated Joint Circular No. 20/2013/TTLT-BXD-BNV[...]

Social insurance inspectors must have at least 1 year of experience

This  is  an  important  content  specified  at  Decree  No.21/2016/ND-CP dated March 31, 2016 of the Government on specialized inspection by social insurance agencies of contribution to social insurance, unemployment insurance and health insurance. To conduct specialized inspection of contribution to social insurance, unemployment insurance and health insurance, inspector must have...

Shareholding percentage of a foreign organization shall not exceed 15% of a Vietnamese credit institution’s charter capital

This is one of remarkable point in Decision No. 01/2014/ND-CP dated January 3, 2014 of the Government on foreign investors’ share purchase from Vietnamese credit institutions Accordingly, shareholding percentage of a foreign individual shall not exceed 5% of charter capital of a Vietnamese credit institution and shareholding percentage of a...

Principles in determination of the unit labor cost

The Circular No. 05/2016/TT-BXD dated March 10, 2016 of the Ministry of Construction providing guidance on determination of the unit labor cost in the construction cost management, applicable to agencies, organizations and individuals related to the management of the construction cost of investment and construction projects using state budget funds...
Development stage drilling must have environmental monitoring on a triennial basis

Development stage drilling must have environmental monitoring on a triennial basis

On May 28, 2015, the Ministry of Natural Resources and Environment issued the Circular No. 22/2015/TT-BTNMT stipulating the environmental protection in the process of using drilling fluids; waste management and environmental monitoring for offshore oil and gas operations. In accordance with regulations prescribed in this Circular, During the development stage...
Viettel group

Viettel group has dominant position on land mobile information services

On June 15, 2015, the Ministry of Information and Communications issued the Circular No. 15/2015/TT-BTTTT amending a number of articles of the Circular No. 18/2012/TT-BTTTT dated November 15, 2012 of the Ministry of Information and Communications on list of telecommunications enterprises, group of telecommunications enterprises with dominant position on...

Must pay from a half of land use levy upon re-sale of social houses for the state

This is the important content prescribed at the Circular No. 139/2016/TT-BTC dated September 16, 2016 of the Ministry of Finance guiding the exemption from land use levy or land rental, refund to or clearing against financial obligations of social housing investors, and method of determination of land use levy...

Regulations on Labor Recruitment

On January 16, 2014, the Government promulgated the Decree No. No. 03/ND-CP dated January 16, 2014 detailing the implementation of a number of Articles of the Labor Code regarding employment. Under this Decree, the employer is entitled to employ Vietnamese labor directly or via employment services or outsourcing service providers to...

Encourage to participate in the voluntary pension program

This is the content prescribed at the Decision No. 144/QD-TTg dated January 20, 2014 of the Prime Minister on Approving the scheme on formation and development of the voluntary pension program in Vietnam[...]
conditions for enjoying the priority regime on customs

Change the conditions for enjoying the priority regime on customs

On January 21, 2015, the Government issued the Decree No. 08/2015/ND-CP detailing, and providing measures to implement, the Customs Law regarding customs procedures and customs inspection, supervision and control and takes effect on March 15, 2015; within that one of the important content is the relaxation on conditions for...