FROM 2020, MOTORCYCLES WHICH THE TO MANDATORY ENERGY LABELING

This is the important content prescribed at the Decision No. 04/2017/QD-TTg dated March 09, 2017 of the Prime Minister on the List of equipment and appliances to which the mandatory energy labeling and minimum energy efficiency standards are applied, and the roadmap to their implementation. In particular, the Prime Minister...

Publishing the information on construction capabilities of organizations and individuals

On August 25, 2014, the Ministry of Construction issued the Circular No. 11/2014/TT-BXD publishing the information on construction capabilities of organizations and individuals in construction.[...]

Offering with drug bidding packages price does not exceed VND 5 billion

According to the Circular No. 11/2016/TT-BYT dated May 11, 2016 of the Ministry of Health on bidding for drugs supply for public health facilities, competitive offering shall be applied with drug bidding packages that price does not exceed VND 05 billion, has contractor selection plan approved by the competent...

Advertising works are not allowed to be installed in the safety corridor of road tunnels.

On October 31, 2013, the Ministry of Construction issued Circular No. 19/2013/TT-BXD on promulgating national technical specifications on construction and installation of outdoor advertising, stipulating requirements to be followed upon designing[...]

PUBLIC COMPANY SHALL BUILD ITS WEBSITE WITHIN 6 MONTHS AFTER IT BECOMES PUBLIC

Takes effect on January 01, 2016, the Circular No. 155/2015/TT-BTC dated October 06, 2015 of the Ministry of Finance guiding the disclosure of information on the securities market, requires that public company shall build its website within 6 months after it becomes public. Similarly, public company shall build its website...
Insurance premium per notary

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...

Conditions on issuance of license for establishment of representative offices in vietnam

The Decree No. 07/2016/ND-CP detailing the Trade Law on representative offices, branches of foreign businesses in Vietnam issued by the Government on January 25, 2016; within that, the most important content is that a foreign business can not establish more than one representative office or branch that has the...

FROM JULY 01, 2017, THE STATUTORY PAY RATE IS VND 1,300,000 PER MONTH

This is the important content prescribed at the Decree No. 47/2017/ND-CP dated April 04, 2017 of the Government prescribing the statutory pay rate for public officials, public employees and armed forces’ personnel. In particular, from July 01, 2017, public officials working in authorities at central echelon to district level ;...

TO ALLOW PILOT INTERNATIONAL SOCCER BETTING IN VIETNAM

Takes effect on March 31, 2017, the Decree No. 06/2017/ND-CP dated  January 24, 2017 of the Government on business of betting on horse racing, greyhound racing and international soccer, The Government allows 01 enterprise to pilot the business of betting on international soccer. The duration of pilot international soccer...

PAYMENT OF TRANSACTION OF FOREIGN CURRENCY TRANSACTION MUST NOT EXCEED TWO WORKING DAYS

In accordance with the Circular No. 15/2015/TT-NHNN dated October 02, 2015 of the State Bank of Vietnam guiding on foreign exchange transactions of Credit Institutions that are permitted to engage in foreign exchange transactions, parties shall decide on payment of transaction for spot transaction, spot transaction on swap transaction...