THE CARRIER MAY SELL CARGO IF THERE IS NO CONSIGNEE AT AUCTION

In accordance with the Decree No. 169/2016/ND-CP dated December 27, 2016 of the Government on handling of cargo retained by carriers at Vietnamese seaports. Within 60 days from the day on which the vessel arrives at the port for delivery, if there is no consignee or the consignee fails...
employees after recommending the jobs

Must supervise the employment status of employees after recommending the jobs

The Ministry of Labor, War Invalids and Social Affairs has just issued the Circular No. 07/2015/TT-BLDTBXH dated February 25, 2015 stipulating a number of Articles of the Decree No. 196/2013/ND-CP dated November 21, 2013 of the Government defining on establishment and operation of the Career Services Center and the...

The minimum amount of capital required for an airline is vnd 300 billion

This is the content prescribed at the Decree No. 92/2016/ND-CP dated July 1, 2016 of the Government providing for conditional business sectors or activities in the civil aviation industry and takes effect on July 01, 2016. In particular, the minimum amount of capital required for establishment and maintenance of an...

BY 2025, SERVICE GROWTH OF THE LOGISTICS SECTOR WILL REACH 15 – 20%

This is one of the objectives of the Prime Minister prescribed at the Decision No. 200/QD-TTg dated February 14, 2017 on approving the action plan for improvement of competitiveness and development of Vietnam’s logistics services by 2025. Accordingly, logistics is an important service sector in the overall structure of the...

To annul the regulations on crewmen’s passport

The Vietnam Maritime Code No. 95/2015/QH13 passed by the National Assembly on November 25, 2015, taking effect on July 01, 2017 with many important contents. Firstly, this Code annuls the regulation that crewmen working in Vietnam ships in the international borders must have crewmen’s passport to transit, instead, the crewmen...
Male employees whose wives give birth to children are entitled to a leave 5-7 days

Male employees whose wives give birth to children are entitled to a maternity leave of 5-7 working days

This new content is formally regulated in the Insurance Law No. 58/2014/QH13 passed by the National Assembly on November 20, 2014. Accordingly, from 2016, male employees currently paying social insurance premiums whose wives give birth to children are entitled to a maternity leave of 5 working days; 7 working...
reserves of foreign exchange

New regulations on the management of state foreign exchange reserves

On May 20, 2014, the Government issued the Decree No. 50/2014/ND-CP on the management of State foreign exchange reserves.

Petrol and oil temporarily imported for re-export may be retained in Vietnam within maxium 180 days

On October 9, 2013, the Ministry of Finance promulgated Circular No. 139/2013/TT-BTC, on customs procedures for petrol and oil exported[...]

Quota on energy consumption of the steel industry

On September 20, 2016, the Ministry of Industry and Trade issued the Circular No. 20/2016/TT-BCT on the quota on energy consumption of the steel industry. In accordance with the regulations at this Circular, to the end of 2020, The quota on energy consumption of the steel industry is 14,000 MJ/ton...

THE REVOCATION OF WRITTEN CERTIFICATIONS OF ELIGIBILITY FOR ENVIRONMENTAL PROTECTION TAKES EFFECT WITHIN 2 YEARS

On September 09, 2015, the Ministry of Natural Resources and Environment issued the Circular No. 41/2015/TT-BTNMT on environmental protection in the import of scraps for use as production materials. In accordance with the Circular, the Ministry of Natural Resources and Environment shall grant, re-grant or revoke a written certification of...