Approval procedure for activities of export, import of foreign currency in cash
On December 26, 2013, the Vietnam State Bank issued the Circular No. 33/2013/TT-NHNN providing guidelines upon approval procedure for activities of export, import of foreign currency in cash of permitted banks.
Under this Circular, commercial banks, branches of foreign banks permitted that have demand on export and import of foreign...
banks allowed purchasing debts having the bad debt ratio under 3%
From September 01, 2015, credit institutions, foreign banks’ branches shall be only permitted for debt purchase when being approved on the establishment and operation license of credit institutions, establishment license of foreign bank’s branches (hereinafter referred to as the License) by the State Bank and having the bad debt...
Guidance on remunerations for managerial personnel in deposit insurance of Vietnam
On October 25, 2016, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 32/2016/TT-BLDTBXH guiding the management of employees and remunerations in deposit insurance of Vietnam. O
Within that, the adjustment and promotion of managerial personnel’s pay grade upon the re-ranking of Deposit Insurance of Vietnam...
Guarantees for sale and hire-purchase of future-acquired houses
On June 25, 2015, the State Bank of Vietnam issued the Circular No. 07/2015/TT-NHNN stipulating the bank guarantee, within that guarantees for sale and hire-purchase of future-acquired houses is the most important contents.
In particular, when giving a bank guarantee to the owner of real estate projects developed for the...
PUBLIC COMPANY SHALL BUILD ITS WEBSITE WITHIN 6 MONTHS AFTER IT BECOMES PUBLIC
Takes effect on January 01, 2016, the Circular No. 155/2015/TT-BTC dated October 06, 2015 of the Ministry of Finance guiding the disclosure of information on the securities market, requires that public company shall build its website within 6 months after it becomes public.
Similarly, public company shall build its website...
15 DAYS BEFORE THE OPERATING DATE, THE ELECTRICITY LICENSE MUST BE OBTAINED
The Ministry of Industry and Trade issues the Circular No. 36/2018/TT-BCT on procedures for issuance and revocation of electricity licenses.
According to the new Circular, at least 15 business days before its planned date of official operation, the organization engaging in the electricity industry must submit an application for electricity...
FREE FOR USING THE LIST OF HOUSING AND REAL ESTATE MARKET INFORMATION AND DATA
On December 15, 2016, the Ministry of Construction issued the Circular No. 27/2016/TT-BXD prescribing a number of Articles of the Decree No. 117/2015/ND-CP dated November 12, 2015 of Government on establishment, management and use of housing and real estate market information system.
In accordance with the regulations in this Circular,...
FROM JULY 01, 2017, THE STATUTORY PAY RATE IS VND 1,300,000 PER MONTH
This is the important content prescribed at the Decree No. 47/2017/ND-CP dated April 04, 2017 of the Government prescribing the statutory pay rate for public officials, public employees and armed forces’ personnel.
In particular, from July 01, 2017, public officials working in authorities at central echelon to district level ;...
RENT RATES OF COMMON TECHNICAL INFRASTRUCTURE FACILITIES
On December 30, 2013, the Joint-Ministries of Finance, Construction, Information and Communications issued the Joint Circular No. 210/2013/TTLT-BTC-BXD-BTTTT guiding the mechanism and principle of controlling and method of determining rent rates of common technical infrastructure facilities.
Accordingly, Organizations and individuals shall display rent rates of common technical infrastructure facilities in...
To 2020, the economic growth of thai nguyen province is 10 – 11%/year
To build Thai Nguyen province into a modernity-oriented industrial province and an industrial and education and training service development hub of the northern midland and mountainous region with a modem economic structure...on February 27, 2015, the Prime Minister signed the Decision No. 260/QD-TTg approving the master plan on socio-economic...
