Science and technology organization must have at least 5 employees with university degree
On January 27, 2014, the Government issued the Decree No. 08/2014/ND-CP Detailing and guiding the implementation of a number of articles of the Law on Science and Technology, within that, there are many important contents. [...]
Insurance premium per notary must not be lower than vnd 3 million/year
According to the Decree No. 29/2015/ND-CP of the Government dated March 15, 2015 detailing and guiding the implementation of a number of articles of the Law on Notarization, notarial practice organizations shall directly purchase or authorize socio-professional organizations of notaries to purchase professional liability insurance for notaries working at...
Determination of land use levy when changing the land use purpose
According to the Circular No. 76/2014/TT-BTC dated June 16, 2014 of the Ministry of Finance guiding a number of articles of the Government’s Decree No. 45/2014/ND-CP of May 15, 2014, providing the collection of land use levy, for households or individuals that are leased by the State non-agricultural land with one-off rental payment for the entire lease period.[...]
Regulation on handing counterfeit money and money suspected to be counterfeit in bank sector
On December 05, 2013, the State Bank of Vietnam issued the Circular No. 28/2013/TT-NHNN regulated that The State Bank branches of provinces and cities directly under the Central Government [...]
From 2016, total number of national assembly deputies must not exceed 500
The total number of National Assembly deputies must not exceed 500, including full-time and part-time National Assembly deputies, of which the number of full-time National Assembly deputies must account for at least 35% of the total number of National Assembly deputies is one of the most significant points under...
Regulations on the construction cost management
The Government issued the Decree No. 32/2015/ND-CP dated March 25, 2015 on the construction cost management including total construction investment, construction estimate, construction contract estimate, construction norms, construction prices, construction price indexes, project management and construction consultancy cost, payment for and finalization of construction contracts; reimbursement and statement of...
Only pay outstanding debts in capital construction arising before 2015
On June 18, 2014, the National Assembly passed the Law No. 49/2014/QH13 on Public Investment and decides to only pay outstanding debts in capital construction arising before January 01, 2015[...]
Guarantees principles borrow capital from credit institutions for state enterprises
An enterprise may provide guarantees for its subsidiaries to borrow capital from credit institutions must not exceed the subsidiary’s equity capital is the important contents prescribed at the Law No. 69/2014/QH13 passed by the National Assembly on November 26, 2014.
Accordingly, the total value of guarantees provided for a subsidiary...
Revocation of the certificate of registration of investment in the form of public-private partnerships
On June 28, 2016, the Ministry of Planning and Investment issued the Circular No. 06/2016/TT-BKHDT guiding a number of articles of Decree no. 15/2015/ND-CP dated February 14, 2015 by the Government on investment in the form of public-private partnerships. Within 30 days from the day on which the application...
Transactions not required to be reported
On November 11, 2014, the State Bank of Vietnam issued the Circular No. 31/2014/TT-NHNN amending and supplementing a number of articles of Circular No. 35/2013/TT-NHNN of December 31, 2013 guiding the implementation of a number of provisions on anti-money laundering. Of which, there are important amendments on intensive assessment...
