Labor Code contents

Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number of the Labor Code’s contents

Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number of the Labor Code’s contents, the employer must pay salary directly, fully and on time for employees. In special cases due to natural disaster, fire or force majeure reasons, the employer may pay salary...
Hộ nghèo

Reducing the average poverty rate by 1.5%/year

This is one of the economic – social objectives directed by the Prime Minister at the Directive No. 22/CT-TTg on the elaboration of the 05 year socio-economic development plan from 2016 to 2020[...]
Material tobacco’s imported under the 2015 tariff quotas is 46,305 tons

Material tobacco’s imported under the 2015 tariff quotas is 46,305 tons

On December 15, 2014, the Ministry of Industry and Trade issued the Circular No. 49/2014/TT-BCT on the import of material tobacco under the 2015 tariff quotas. Accordingly, from January 01, 2015 to December 31, 2015, the material tobacco (HS Code 2401) to be imported under the 2015 tariff quotas is...
dealing in real estate must

From july 2015, dealing in real estate must have a legal capital of vnd 20 billion

According to the Law on Real Estate Business No. 66/2014/QH13 approved by the National Assembly on November 25, 2014, replacing the Law on Real Estate Business No. 63/2006/QH11, from July 01, 2015, organizations and individuals dealing in real estate are required to establish enterprises or cooperatives (below referred to...
Banking

May borrow loans from commercial banks not exceeding 70% of the total investment

In accordance with the Decree No. 67/2014/ND-CP dated July 07, 2014 of the Government on a number of fisheries development policies, from August 25, owners of fishing ships or fishery logistics ships conducting fisheries activities with efficiency[...]
Quy định về bán hàng đa cấp

Multi-level makerting business must have minimum capital of vnd 10 billion

This is one of new contents prescribed at the Decree No. 42/2014/ND-CP dated May 14, 2014 of the Government on management of multi-level marketing activities[...]
bad debt

By the end of 2015, reduce non-performing loans to below 3 %

The National Assembly just approved the Resolution No. 86/2014/QH13 dated November 28, 2014 on further increasing the effectiveness of the economic restructuring in public investment, state enterprises and banking system, arranging and restructuring weak credit institutions, continuing implementing measures to reduce non-performing loans to below 3 percent of the...

The detailed planning for seaports in the north central coast (group 2)

On July 29, 2016, the Minister of Ministry of Transport issued Decision No. 2368/QD-BGTVT on approving the detailed planning for seaports in the North Central Coast (Group 2) by 2020 and the orientation towards 2030, includes seaports of Thanh Hoa, Nghe An and Ha Tinh provinces. With the targets of...

Shall be paid compensation for wasteful acts

Cadres, civil servants, public employees and workers in state budget-funded agencies and organizations and heads of state enterprises who commit violations who commit violations, fail to implement, or improperly implement the provisions of the Law on Thrift Practice[...]

ANNUAL PUBLIC DEBTS DO NOT EXCEED 65% GDP IN THE 2016-2020 PERIOD

At the Resolution No. 25/2016/QH14 on National 5-year financial plan in 2016 – 2020 period, the National Assembly requires ministries and agencies to gradually manage the budget according to the results of the implementation of the tasks; establish statistics of the budget according to the practices and international standards....