GUIDING THE DETERMINATION OF COSTS OF MAINTENANCE OF CONSTRUCTION WORKS

On March 16, 2017, the Ministry of Construction issued the Circular No. 03/2017/TT-BXD guiding the determination of costs of maintenance of construction works; applicable to owners or manager, users of construction works and relevant entities engaging in determination of costs of maintenance of construction works funded by the State...

10 days before termination ATMS service providers must inform the locality state bank

On December 28, 2018, the State Bank of Vietnam issues the Circular No. 44/2018/TT-NHNN on amendments and supplements to certain articles of the Circular No. 36/2012/TT-NHNN dated December 28, 2012 of State Bank’s Governor prescribing installation, management, operation and maintenance of safety for operations of automated teller machines. - Within...

PROCEDURES FOR FORMULATION, ASSESSMENT AND APPROVAL FOR ELECTRICITY TRANSMISSION PRICE

On February 10, 2017, the Ministry of Industry and Trade issued the Circular No. 02/2017/TT-BCT prescribing the regulations on methods and procedures for formulation, assessment and approval for electricity transmission price; applicable to Vietnam Electricity, National Power Transmission Corporation, system and market operator, Electric Power Trading Company, power corporations...

Business households employ more than 10 regular employees have a fine to vnd 5 million

    This  is  one of  the important content sprescribed at the Decree No. 50/2, 2016 of the Government  on   penalties   for   administrative  violations against  regulations  on  planning  and  investment,  takes effect on July 15, 2016. In particular, from July 15, 2016, business households employ more than 10 regular...

Free for renunciation of Vietnamese nationality

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…[...]
Add more superior people's courts

Add more superior people’s courts

Instead of having the Supreme People’s Court; Courts of provinces and centrally run cities; Courts of rural districts, urban districts, towns, provincial cities and the equivalent and Military courts as current regulations, from June, 2015, the people’s courts system add more Superior people’s courts. This is the new content...

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...
Legal Updates

Issue notification of classification results is within 5 working days

This is the content prescribed at the Circular No. 14/2015/TT-BTC dated January 30, 2015 of the Ministry of Finance guiding the classification, analysis for classification; analysis for quality inspection and food safety inspection of exports and imports. Accordingly, within 5 working days, or 20 working days in case the analysis...
legal news

Fail to remit the escrow account within 90 days must pay the late amount

In accordance with the Circular No. 41/2015/TT-BTC dated March 27, 2015 of the Ministry of Finance amending Article 9 of the Circular No. 39/2011/TT-BTC dated March 22, 2011 of the Ministry of Finance on re-arranging and dealing with state owned housing and land. Within 90 days since relevant authorities...

Subjects under foreign currency loans policy in 2014

On December 6, 2013 the State Bank of Viet Nam issued Circular No. 29/2013/TT-NHNN, stipulating on provision of foreign currency loans of the credit institutions and foreign banks’s branches with customers being residents. [...]