From October 15, transfer the permit for foreign exchange transactions

The State Bank of Vietnam issued the Circular No. 21/2014/TT-NHNN dated August 14, 2014 guiding the foreign exchange transactions, conditions, process and procedures for accepting the foreign exchange transactions of credit institutions and branches of foreign banks[...]

To 2020, all provinces and cities have bus services

This is the target set up at the plan for renovation of public passenger transport bus services by 2020, issued by the Ministry of Transport on November 04, 2016 at the Decision No. 3446/QD-BGTVT. In particular, to 2020, operate and plan to operate bus routes in all provinces and direct-controlled...

THE MINISTRY OF LABOR, WAR INVALIDS AND SOCIAL AFFAIRS HAS 23 AFFILIATED UNITS

From February 17, 2017, the Ministry of Labor, War Invalids and Social Affairs only have 23 affiliated units, reduced by 01 unit compared with previous regulations is the important content in the Decree No. 14/2017/ND-CP dated February 17, 2017 of the Government on functions, tasks, powers and organizational structure...

Impose a fine of vnd 5 million for import of pesticides banned from use

This is the content prescribed at the Decree No. 31/2016/ND-CP of the Government on penalties for administrative violations against regulations on plant varieties, plant protection and quarantine. Accordingly, from June 25, 2016, importing formulated pesticides which are in the list of pesticides permitted for use in Vietnam from a manufacturer...

Advertising works are not allowed to be installed in the safety corridor of road tunnels.

On October 31, 2013, the Ministry of Construction issued Circular No. 19/2013/TT-BXD on promulgating national technical specifications on construction and installation of outdoor advertising, stipulating requirements to be followed upon designing[...]

PUBLIC COMPANY SHALL BUILD ITS WEBSITE WITHIN 6 MONTHS AFTER IT BECOMES PUBLIC

Takes effect on January 01, 2016, the Circular No. 155/2015/TT-BTC dated October 06, 2015 of the Ministry of Finance guiding the disclosure of information on the securities market, requires that public company shall build its website within 6 months after it becomes public. Similarly, public company shall build its website...

The provision of e-customs declaration information

The statute on provision and use of e-customs declaration information was promulgated on August 19, 2016 at Decision No. 33/2016/QD-TTg by the Prime Minister. According to the statute, e-customs declaration information will be sent to information users from the customs information portal within 1 minute as of the receipt of...

Credit institutions are entitled to overdraft for compensate for the shortage of capital in the inter-bank electronic payment

Takes effect on March 25, 2017, the Circular No. 29/2016/TT-NHNN dated October 12, 2016 stipulating overdraft and overnight lending applicable in the inter-bank electronic payment, to allow credit institutions to make payment in excess of the credit balance in their Vietnamese dong clearance account opened at the Banking Operation...

Companies must declare the seaport charge schedule

On November 02, 2016, the Government issued the Decree No. 146/2016/ND-CP dated November 02, 2016 of the Government on regulations on publishing of freights and surcharges of ocean container shipping and seaport charges, requires enterprises to declare the seaport charge schedule on publishing of freights and surcharges of ocean...

New regulations on preferential policies upon selecting tenderers

On November 26, 2013, the National Assembly approved Law on Bidding No. 43/2013/QH13, which shall take effect fromJuly 1, 2014 and supersede Law on Bidding No. 61/2005/QH11[...]