Supervision of state enterprises in the observance of law

In order to assist state management agencies and owners in detecting weaknesses in business activities of state enterprises[...]

The initial issuance fee for certificate of registration for accounting and auditing practice is VND 1,2 million

On November, 14, 2016, the Ministry of Finance issued the Circular No. 271/2016/TT-BTC on amounts, collection and payment of assessment fees for issuance of certificates of practice registration, certificates of eligibility for providing accounting and auditing services. In particular, assessment for issuance of certificate of eligibility for providing accounting and...

VIETNAM COAST GUARD HAVE THE POWER TO CHASE VESSELS IN VIOLATION OF LAW AT SEA

On November 19, 2018, the National Assembly promulgates the Law No. 33/2018/QH14 on Vietnam Coast Guard. Accordingly, Vietnam Coast Guard is a People’s armed force and a specialized force under the State management, Be put under the ultimate and direct leadership of the Communist Party of Vietnam in all...

In 2020, GDP per capita is approximately 3,200 – 3,500 USD

The Resolution No. 142/2016/QH13 on 5-year socio- economic development plan from 2016-2020 passed by the National Assembly on April 12, 2016, Stabilize the macro- economy and boost the growth of national economy; restructure the economy, improve productivity and competitiveness.   Foster   national   cultures,   democracy, social justice, social welfare and security… The...

Import conditions of automobiles and motorcycles for repatriated overseas Vietnamese citizens

On February 12, 2014, the Ministry of Finance issued the Circular No. 20/2014/TT-BTC prescribing the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are permitted to register permanent residence in Vietnam[...]
for establishing banks

Allowed to submit the copies on granting for establishing banks

This is the new content prescribed at the Circular No. 08/2015/TT-NHNN dated June 30, 2015 of the State Bank of Vietnam amending, supplementing a number of Articles of the Circular No. 40/2011/TT-NHNN dated December 15, 2011 of the State Governor of Vietnam regulating on licensing and organizations, operations of...

Wonder about surrogacy in Vietnam

Question: We are a couple living in France and we wonder about surrogacy in Vietnam. I understand that 3 hospitals do this, I wonder about the price and how we can start applying? Answer: According to your enquiry about surrogacy in Vietnam, we consider that you should contact to medical examination and...

To bear stamps for domestic wine form January 1, 2014

On November 14, 2013, the Ministry of Finance promulgated Circular No. 160/2013/TT-BTC directing the printing, issuance, management and use of stamps for imported wine and domestic wine  The Circular clearly states that wine produced and sold in Vietnam from January 1, 2014 and imported wine for sale in Vietnam must...

Safe investment ratio of proprietary trader that is commercial banks is 7%

This content is regulated in Circular No. 10/2016/TT-NHNN dated June 29, 2016 of the State Bank of Vietnam guiding a certain contents of the Decree No. 135/2015/ND-CP dated December 31, 2015 of the Government on  prescribing offshore indirect investment. According to this Circular, the safe investment ratio of a proprietary...
CONDITIONS APPLIED TO SIGN SALES AND PURCHASE CONTRACT OF DOMESTIC ELECTRICITY

Conditions applied to sign sales and purchase contract of domestic electricity

On October 21, 2013, the Government issued Decree No. 137/2013/ND-CP on detailing implementation of several articles of the Electricity Law and the Law on amending and supplementing several articles of the Electricity Law and regulating several conditions for sales and purchase contract of domestic electricity. [...]