Late salary payment for 15 days or more shall be paid interest

Late salary payment for 15 days or more shall be paid interest

Under the 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, an employee enjoying monthly salary shall be paid on monthly or semi-monthly basis. In case natural disaster, conflagration or other force majeure events take place, and employers...

Reduce interest rate of loan’s outstanding balance for house assistance to 5% per annum

On January 02, 2014, the State Bank of Bank issued the Decision No. 21/QD-NHNN providing the interest rate of commercial bank applied in 2014 for loan’s outstanding balance for house assistance in accordance with the Circular No. 11/2013/TT-NHNN date May 15, 2013[...]
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New regulation for work permit in Vietnam.

Regarding the new regulation for work permit for foreigner working in Vietnam that takes effect fromNovember 1st 2013, SB Law would like to provide the information as follows[...]
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Not allow the enterprises name is to be indentical to that of a personality

On October 01, 2014, The Ministry of Culture, Sports and Tourism issued the Circular No.10/2014/TT-BVHTTDL guiding to name for enterprises so as to be suitable with the national history, culture, ethnics, and fine traditions and customs. Accordingly, organizations or individuals that have registered their enterprises operating in the Vietnamese...

To inspect and penalize strictly the trafficking of ivory online

In order to prevent and fight effectively the organized crime of selling ivory, rhino horn and products made from endangered and rare wild animals, on September 17, 2016, the Prime Minister issued the Directive No. 28/CT-TTg on urgent solutions for preventing and fighting the violation of wild animals against...

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...

To 2017, GDP is expected to increase by 6.7%

On November 07, 2016, the National Assembly passed the Resolution No. 23/2016/QH14 on socio-economic development plan (2017), requires Government, Supreme People’s Procuracy, Supreme People’s Court and the State Auditors….to implement proactive and flexible monetary policies, continue to restructure credit institutions; develop bond markets, strictly control and tackle bad debts...

Subjects under polices of extension for agricutural land use duaration

On October 15, 2013, the Government issued Decree No. 126/ND-CP on guiding the implementation of national assembly’s resolution No. 49/2013/QH13 of June 21, 2013, on extension of the duaration of land use for cultivation of annual drops, aquaculture or salt making of households and individuals. Accordingly, in case land use...

Legal News on January 2019

In January of 2019, many legal policies shall be effective, SBLAW would like to inform Customer and our associates a summary of these legal documents: Law on Cybersecurity shall officially come into effect The Law on Cybersecurity 2018 provides national security protection, social order and safety maintenance in the cyberspace, and...

CARGO TRANSPORTATION OF OVER 100 TONS ON INLAND WATERWAYS MUST BE APPROVED

The Ministry of Transport has just issued the Circular No. 61/2015/TT-BGTVT dated November 02, 2015 on regulations on cargo transportation on inland waterways, Organizations or individuals should submit 01 (one) set of application for approval for the cargo with actual inseparable size over 10 m, 40 m or 4.5...