Securities business is allowed to indirectly invest offshore up to 30% ownership
According to Circular No. 105/2016/TT-BTC dated June 29, 2016 of the Ministry of Finance guiding offshore indirect investment activities of securities businesses, funds investing in securities, securities investment companies, insurance businesses, only securities businesses licensed to undertake securities dealing are allowed to invest or undertake offshore indirect investment with...
From july 01, increase water surface rental frame
In accordance with the Decree No. 46/2014/ND-CP dated May 15, 2014 of the Government On collection of land rental and water surface rental from July 01, 2014, the water surface rental frame is increased double or triple compared with current frame[...]
Management and use of seals
The Decree No. 99/2016/ND-CP on management and use of seals is issued by the Government on July 01, 2016, provides for the management and use of seal of state bodies, people’s armed forces and bodies of the organizational system of Communist Party of Vietnam, Vietnam Fatherland Front, social –...
To annul the regulations on crewmen’s passport
The Vietnam Maritime Code No. 95/2015/QH13 passed by the National Assembly on November 25, 2015, taking effect on July 01, 2017 with many important contents.
Firstly, this Code annuls the regulation that crewmen working in Vietnam ships in the international borders must have crewmen’s passport to transit, instead, the crewmen...
Banks must converse basic foreign exchange activities before November of 2017
On October 05, 2016, the State Bank of Vietnam issued the Circular No. 28/2016/TT-NHNN on amending and supplementing a number of articles of Circular No. 21/2014/TT-NHNN of August 14, 2014, of the Governor of the State Bank of Vietnam, guiding the scope of foreign exchange activities and the conditions,...
FROM JULY 01, 2016, ALL ENTERPRISES CONDUCTING REAL ESTATE TRADING MUST HAVE LEGAL CAPITAL OF VND 20 BILLION
At the Decree No. 76/2015/ND-CP dated September 10, 2015 of the Government guiding a number of articles of the Law on Real Estate Trading, the Government also emphasizes that enterprise wishes to conduct real estate trading must set up an enterprise or cooperatives which has an amount of legal...
SUPPORT FOR VICTIMS OF OCCUPATIONAL ACCIDENTS OR DISEASES
This is one of the important contents prescribed at the Law No. 84/2015/QH13 on occupational safety and health passed by the National Assembly on June 25, 2015 and takes effect on July 01, 2016.
In particular, the Law prescribed that the employers shall be responsible for assigning with new works...
To reduce the ratio of poor households by 1.5% to 2% by 2015
This is one of important points prescribed in Solution No. 53/2013/QH13 dated November 11, 2013 of the 13th National Assembly on socio- economic development plan in 2014
In the next two years 2014- 2015, the National Assembly asks the Government to focus on shortcomings and weaknesses; to stabilize and restructure...
Exempt licensing fees for households having annual revenues of less than vnd 100 million
The individuals, groups of individual and households that have their trade/production activities with annual revenues of less than VND 100 million shall be exempted from licensing fees is the important content prescribed at the Decree No. 139/2016/ND-CP dated October 04, 2016 of the Government on licensing fees.
Beside the individuals,...
Registration of civil status at overseas vietnamese consular offices
On June 30, 2016, the Ministry of Foreign Affairs and the Ministry of Justice issued Joint Circular No. 02/2016/TTLT- BNG-BTP guiding the registration and management of civil status at overseas Vietnamese diplomatic missions and consular offices.
In accordance with this Joint Circular, the representative mission in the consular region where...
