Legal Updates

On December 11, 2014, the Prime Minister signed the Decision No. 2242/QD-TTg approving the Scheme for strengthening the management of natural forest’s timber exploitation in 2014 – 2020 in order to improve quality of natural forest and develop the production forests with high quality eligible for sustainable exploitation...

According to Circular No. 41/2013/TT-BTNMT dated December 2, 2014 of the Ministry of Natural Resources and Environment, eco-label criteria applied for environment- friendly products [...]

On April 03, 2015, the Ministry of Construction issued the Circular No. 04/2015/TT-BXD dated April 03, 2015 of the Ministry of Construction guiding the implementation of a number of articles of the Decree No. 80/2014/ND-CP dated August 06, 2014 of the Government on the waste water drainage and treatment. Within...

On July 01, 2016, the Government issued the Decree No. 93/2016/ND-CP providing for conditions for manufacture of cosmetic products, within that, the manufacture of cosmetic products    must  have  a  cosmetic  manufacturer must  be established under the law; and have obtained a Certificate of eligibility for cosmetic manufacturing. A cosmetic manufacturer...

On June 22, 2015, the National Assembly passed the Law No. 80/2015/QH13 on Promulgation of Legal Documents, within that, the most important contents is the supplementation on legal documents ceasing to be effective. In particular, beside a legal document ceases to be effective in part or in whole such as...

Credit institutions coordinates with shareholders, groups of shareholder related to share ownership to set up remedial plans for owning excessive shares , to make sure that no later than December 31, 2015 the share ownership rate of shareholders, group of related shareholders in credit institutions shall comply with the...

The Ministry of Transport issues Circular No. 54/2018/TT-BGTVT on the charge bracket for pilotage, wharf, dock and mooring buoy utilization, container handling and towage services at Vietnamese seaports. According to this Circular, the charge bracket for container handling and towage services Region I is: - Charge bracket for domestic container handling...

In accordance with the Circular No. 15/2015/TT-NHNN dated October 02, 2015 of the State Bank of Vietnam guiding on foreign exchange transactions of Credit Institutions that are permitted to engage in foreign exchange transactions, parties shall decide on payment of transaction for spot transaction, spot transaction on swap transaction...

On November 12, 2018, the Government issues the Decree No. 155/2018/ND-CP on amendments to some articles related to business conditions under state management of the Ministry of Health. One of the remarkable contents of this Decree is food safety requirements for the food and beverage establishments. To be specific, those...

As in former regulations, foreign exchange agents are not allowed to  exchange foreign currency cash for Vietnam dong, then in accordance with this Circular, foreign exchange agents are not allowed to exchange foreign currency cash for other foreign currencies either. Now, these agents are only allowed to exchange Vietnam...