Activities of representative office of foreign Educational Institute in Vietnam

Under Vietnam Law, a Foreign Educational Institute having been operating in Foreign Country for at least 5 years upward, being recognized by competent authority in Foreign Country for its quality can setup a Representative Office in Vietnam. [...]

Bank must agree with VDB before enterprises borrowing capital

On October 09, 2014, the State Bank of Vietnam issued the Circular No. 29/2014/TT-NHNN dated guiding commercial banks to coordinate with Vietnam Development Bank in the implementation of guarantee mechanism for small- and medium-sized enterprises borrowing capital as stipulated under the guarantee regulation promulgated together with the Decision No. 03/2011/QD-TTg dated January 10, 2011 of the Prime Minister.[...]
claim compensation for damage

Responsibility to assess, and claim compensation for environmental damage

On January 06, 2015, the Government issued the Decree No. 03/2015/ND-CP providing the assessment of environmental damage and replaces the Government’s Decree No. 113/2010/ND-CP of December 3, 2010, providing the assessment of environmental damage and takes effect on March 01, 2015. Accordingly, organizations or individuals that pollute or degrade the...
the co-operative bank

Co-Operative bank allowed to reschedule debts

On May 20, 2014, the State Bank of Vietnam issued the Circular No. 14/2014/TT-NHNN amending, supplementing a number of Articles of the Regulations on classification of debts, appropriation, setting up and use of reserves for handling credit risks in banking activities of credit institutions
environmental protection activities

Many incentives and supports for environmental protection activities

In accordance with the Decree No. 19/2015/ND-CP issued by the Government on February 14, 2015 detailing a number of articles of the Law on Environmental Protection. The State shall provide land- and capital-related incentives and supports; exempt and reduce taxes for environmental protection activities; subsidize prices and support sale...

TO SUPPLEMENT THE UNITS IN INSPECTION ACTIVITIES OF SCIENCE AND TECHNOLOGY

On March 15, 2017, the Government issued the Decree No. 27/2017/ND-CP dated March 15, 2017 of the Government amending and supplementing a number of articles of the Decree No. 213/2013/ND-CP dated 20 December 2013 of government regulations on the organization and inspection activities of science and technology. Within that, the...

On energy consumption norms in beer and beverage production industry

Takes effect on November 01, 2016, the Circular No. 19/2016/TT-BCT dated September 14, 2016 of the Ministry of Industry and Trade on energy consumption norms in beer and beverage production industry in the period to the end of 2020 and the period from 2021 to the end of 2025. Particularly,...

Guidance on allocating profit of Vietnam asset management company

On December 27, 2013, the Ministry of Finance promulgated Circular No. 209/2013/TT-BTC on guiding the financial regulations applicable to Vietnam Asset Management Company (VAMC) for credit institutions, which shall comply with legislations applicable to the one-member limited liability companies of which 100% of charter capital is owned by State, the Government’s Decree No. 53/2013/ND-CP dated May 18, 2013 and related legal documents[...]
Bidding Law

Decree No. 63/2014/ND-CP Government on 26/06/2014 detailing a number of articles of the Bidding Law regarding contractor selection

According to Decree No. 63/2014 / ND-CP of the Government shall detail the implementation of a number of articles of the Law on Procurement of selecting contractors, contractor selection forms online be made to the package consulting services, non-consultant services, procurement, construction and mixed; with selected contractors form is...

Bidding documents for procurement of herbal ingredients and traditional ingredients at heath facilities www.luatvietnam.vn

On August 10, 2016, the Ministry of Health issued the Circular No. 31/2016/TT-BYT dated August 10, 2016 of the Ministry of Health guiding the Bidding Documents for procurement of herbal ingredients and traditional ingredients at heath facilities, including Bidding Documents for procurement of herbal ingredients applicable to open tender...