PROCEDURES FOR FORMULATION, ASSESSMENT AND APPROVAL FOR ELECTRICITY TRANSMISSION PRICE

On February 10, 2017, the Ministry of Industry and Trade issued the Circular No. 02/2017/TT-BCT prescribing the regulations on methods and procedures for formulation, assessment and approval for electricity transmission price; applicable to Vietnam Electricity, National Power Transmission Corporation, system and market operator, Electric Power Trading Company, power corporations...

Encourage to provide for the voluntary supplemental retirement program

At the Decree No. 88/2016/ND-CP dated July 01, 201 of the Government on voluntary supplemental retirement program. The Government encourages developing voluntary supplemental retirement programs by means of incentive policies provided for in laws on taxation and investment results and payment rates made by retirement funds shall not be...

REGULATIONS OF ENROLLMENT TARGETS AT INTERMEDIATE AND COLLEGE LEVEL

On March 02, 2017, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No.  05/2017/TT-BLDTBXH dated March 2, 2017 of the Ministry of Labor, War Invalids and Social Affairs on regulations of enrollment and determination of enrollment targets at intermediate and college level. In accordance with this...

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...
geographical atlases must subject to licensing

establishing thematic maps and geographical atlases must subject to licensing

The Government has just issued the Decree No. 45/2015/ND-CP dated May 06, 2015 on topographic and cartographic activities in the mainland, on islands, archipelagoes and sea areas, under the ground and in the space of the Socialist Republic of Vietnam, to issue List of 14 topographic and cartographic services...

CHANGING THE ORGANIZATIONAL STRUCTURE OF THE MINISTRY OF INFORMATION AND COMMUNICATIONS

In accordance with the Decree No. 17/2017/ND-CP dated February 17, 2017 of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Information and Communications, from February 17, 2017, the Ministry of Information and Communications has 28 attached units instead of 29 attached units in...
Time limit for voluntary execution of a judgment is 10 days

Time limit for voluntary execution of a judgment is 10 days

On November 25, 2014, the National Assembly issued the Law No. 64/2014/QH13 amending and Supplementing a Number of Articles of the Law on Enforcement of Civil Judgments. Under this Law, it amends on Time limit for voluntary execution of judgments. Specifically, the time limit for voluntary execution of a...
legal updates 003

Not allow the enterprises name is to be indentical to that of a personality

On October 01, 2014, The Ministry of Culture, Sports and Tourism issued the Circular No.10/2014/TT-BVHTTDL guiding to name for enterprises so as to be suitable with the national history, culture, ethnics, and fine traditions and customs. Accordingly, organizations or individuals that have registered their enterprises operating in the Vietnamese...

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...
License for production

License charge for production or trading of chemicals is vnd 200.000

In accordance with the Circular No. 85/2015/TT-BTC dated June 03, 2015 of the Ministry of Finance providing for rates, collection, payment, management and use of charges and fees in chemical business any organization/individual applying for a license or a certificate relating to chemical business; any organization/individual applying for approval...