Legal Updates

On October 05, 2015, the Prime Minister signed the Decision No. 47/2015/QD-TTg on mechanism and policies on encouraging and developing the inland waterway transportation, and takes effect on December 01, 2015; within that the inland waterway vehicles are boats, ships and other floating structures with without engine always operating...

With the objectives to create a favorable conditions for the development of enterprises that have potentials for rapid growth by utilization of propriety assets, technology and business initiatives, on May 18, 2016, the Prime Minister signed the Decision No. 844/QD-TTg approving the “assistance policies on national innovative startup ecosystem...

This is one of important contents prescribed at the Decree No. 97/2014/ND-CP dated October 07, 2014 of the Government amending and supplementing a number of articles of the Government’s Decree No. 78/2009/ND-CP of September 22, 2009, detailing and guiding a number of articles of the Law on Vietnamese Nationality…[...]

On July 22, 2015, the Government issued the Decree No. 63/2015/ND-CP dated July 22, 2015 of the Government providing the policies towards redundant employment in accordance with the restructuring of state-owned one member limited companies. Accordingly, policies towards redundant employees that are recruited before April 21st, 1998 or before April...

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...

Some significant regulations of the Decree: - Construction costs of each project, construction, contract must be calculated correctly and sufficiently and appropriate for design requirements, technical instructions, construction conditions, market prices at that time, and the construction site. - Investors may hire cost management consultants who are qualified as prescribed in...

Takes effect on August 01, 2016, Decree No. 51/2016/ND- CP of the Government on management of employees, salaries, bonuses of employees in single-member limited liability companies of which charter capital is wholly owned by the State, includes: Parent companies of State-owned economic corporations or State-owned general companies or parent...

On May 16, 2017, the Government issued the Decree No. 61/2017/ND-CP stipulating on appraisal of the reserve price of nonperforming loans, collateral of nonperforming loans and establishment of the Council for auction of nonperforming loans, collateral of nonperforming loans for high value nonperforming loans, collateral of nonperforming loans. Accordingly, cases...

On October 02, 2015, the Ministry of Finance issued the Circular No. 152/2015/TT-BTC guiding the severance tax, and the taxable items are metallic minerals; non-metallic minerals; products of natural forests; natural aquatic organisms, including marine animals and plants; natural water; natural bird’s nests other than those collected from construction...

If a pregnant employee has a confirmation given by a competent medical facility that the continuation of working will impact negatively the embryo, she may unilaterally terminate or suspend the labor contract is the important contents prescribed at the Decree No. 85/2015/ND-CP dated October 01, 2015 of the Government...