Shareholding percentage of a foreign organization shall not exceed 15% of a Vietnamese credit institution’s charter capital
This is one of remarkable point in Decision No. 01/2014/ND-CP dated January 3, 2014 of the Government on foreign investors’ share purchase from Vietnamese credit institutions
Accordingly, shareholding percentage of a foreign individual shall not exceed 5% of charter capital of a Vietnamese credit institution and shareholding percentage of a...
To fine to vnd 100 million if non-public offering of stocks failing to apply for securities
This is one of the important contents prescribed at the Decree No. 145/2016/ND-CP dated November 01, 2016 of the Government on amending the Government’s Decree No. 108/2013/ND-CP dated September 23, 2013 on penalties for administrative violations against regulations on securities and securities market.
In particular, from December 15, 2016, any...
Macro-financial Organizations allowed to get foreign loan in Vietnam Dong
This is the content of the Circular No. 12/2014/TT-NHNN dated March 31, 2014 of the State Bank of Vietnam regulating on conditions for foreign loans of enterprises without government guarantee[...]
To regulate the grant charge of mineral exploitation right
According to Decree No. 203/2013/ND-CP dated November 28, 2013 of the Government on defining the method of calculation and grant charge of mineral exploitation right on which the grant charge of the mineral exploitation right (R) is defined according to group, kind of minerals valued at between 1% and...
Surrogacy arrangement in Vietnam
Question: I would like to know about surrogacy arrangement which is carrying of a pregnancy for intended parents. A couple (Non-Resident of Vietnam) who attempted IVF with no success and they have embryos stored in Thailand.We select a surrogate mother who is our relative and would like to go through...
Encourage to strengthen the investment in the cultural creativity
This is one of tasks and solution prescribed at the Decision No. 1755/QD-TTg dated September 08, 2016 of the Prime Minister on approving the development strategy of Vietnamese cultural industry by 2020 and with a vision to 2030.
Accordingly, with the general objectives on the development of Vietnamese cultural industries;...
Restricting the new establishment of timber processing and trading establishments
On December 11, 2014, the Prime Minister signed the Decision No. 2242/QD-TTg approving the Scheme for strengthening the management of natural forest’s timber exploitation in 2014 – 2020 in order to improve quality of natural forest and develop the production forests with high quality eligible for sustainable exploitation...
Criteria to get other gap recognition in aquaculture
The Minister of Agriculture and Rural development issues the Circular No. 54/2014/TT-BNNPTNT dated December 30, 2014 of the Ministry of Agriculture and Rural Development recognizing other good agricultural practices eligible for incentives for agriculture, forestry and aquaculture.
Of which, one of the most significant point is regulation on guiding 07...
The initial issuance fee for certificate of registration for accounting and auditing practice is VND 1,2 million
On November, 14, 2016, the Ministry of Finance issued the Circular No. 271/2016/TT-BTC on amounts, collection and payment of assessment fees for issuance of certificates of practice registration, certificates of eligibility for providing accounting and auditing services.
In particular, assessment for issuance of certificate of eligibility for providing accounting and...
Rules of origin provided for in VN – EAEU FTA
On September 20, 2016, the Ministry of Industry and Trade issued the Circular No. 21/2016/TT-BCT providing for the implementation of rules of origin provided for in the free trade agreement between Vietnam and Eurasian Economic Union, the rules of origin provided for in this Circular shall be applied only...
