Apec business travel card shall be valid for 5 years
Ministry of Public Security issued Circular No. 28/2016/TT-BCA on July 05, 2016 on implementation of regulation on issuance and management of APEC business travel cards.
According to this Circular, APEC business travel cards may function as an entry visa into countries and territories as members of APEC business travel cards....
Credit institution must adjust the excessive share ownership rate before 2016
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...
Surrogacy arrangement in Vietnam
Question: I would like to know about surrogacy arrangement which is carrying of a pregnancy for intended parents. A couple (Non-Resident of Vietnam) who attempted IVF with no success and they have embryos stored in Thailand.We select a surrogate mother who is our relative and would like to go through...
Notarization of economic contracts the maximum fee shall be VND 70 million/case
The Circular No. 257/2016/TT-BTC issued by the Ministry of Finance on November 11, 2016 on regulations on notarial and authentication service fees, fees for verification of eligibility for practicing as a notary, fees for verification of eligibility for operating private notary office, charges for processing of applications for notary...
the application of the automatic import licensing regime to a number of fertilizer products
The Ministry of Industry and Trade issued the Circular No.35/2014/TT-BCT dated October 15, 2014 prescribing the application of the automatic import licensing regime to a number of fertilizer products, including urea, whether or not
in aqueous solution; mineral or chemical fertilizers containing the three fertilizing elements, namely nitrogen, phosphorus and...
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...
THE INVESTOR IS ALLOWED TO DIRECTLY MANAGE CONSTRUCTION PROJECTS WITH LESS THAN VND 15 BILLION
Takes effect on June 01, 2017, the Decree No. 42/2017/ND-CP dated April 05, 2017 of the Government on amendments to the Government's Decree No. 59/2015/ND-CP dated June 18, 2015 on management of construction investment projects, to allow that the investor shall use its legal status and qualified affiliated units...
PAYMENT OF TRANSACTION OF FOREIGN CURRENCY TRANSACTION MUST NOT EXCEED TWO WORKING DAYS
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...
REGULATIONS ON GUIDING THE ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACTS
On December 30, 2016, the Ministry of Construction issued the Circular No. 30/2016/TT-BXD on guiding the engineering, procurement and construction contracts (EPC contract).
In accordance with the regulations in this Circular, an EPC contract applies solely to construction projects and contract packages of which execution time is required to be...
Providing for salary payment to managers in state companies
On June 13, 2016, the Decree No. 52/2016/ND-CP issued by the Government providing for salary, remuneration and bonus payment to managers of single-member limited liability companies of which charter capital is wholly owned by the State.
Accordingly, for economic corporation, the pay factors of full-time President of the Board of...
