Some new points of Circular 09/2021/TT-NHNN

On 7 July 2021, the State Bank of Vietnam (“SBV”) issued Circular 09/2021/TT-NHNN (“Circular 09”) amending and supplementing a number of articles of Circular  42/2015/TT-NHNN dated 31 December 2015 of the Governor of the State Bank of Vietnam prescribing regulations on open-market operations. Hereunder are some noteworthy points in Circular...
Law on Credit institutions of Vietnam 2010

Law on Credit Institutions of Vietnam 2010

Law on Credit institutions of Vietnam 2010 , No. 47/2010/QH12, was passed on June 16, 2010, by the XIIth National Assembly of the Socialist Republic of Vietnam[....]

10 days before termination ATMS service providers must inform the locality state bank

On December 28, 2018, the State Bank of Vietnam issues the Circular No. 44/2018/TT-NHNN on amendments and supplements to certain articles of the Circular No. 36/2012/TT-NHNN dated December 28, 2012 of State Bank’s Governor prescribing installation, management, operation and maintenance of safety for operations of automated teller machines. - Within...

Pricing measurement of rooftop solar power projects

The Prime Minister promulgates the Decision No. 02/2019/QD-TTg on amendments and supplements to certain articles of the Prime Minister’s Decision No. 11/2017/QD-TTg dated April 11, 2017 on mechanism for encouragement of development of solar power in Vietnam on January 08, 2019. For rooftop solar power projects: - Rooftop solar power projects...
Enterprise law

The Vietnam Enterprise Law 2005

This Law provides for the establishment, management organization and operation of limited liability companies, joint-stock companies, partnerships and private enterprises (hereinafter referred collectively to as enterprises) of all economic sectors; and groups of companies. [...]
balance

Management of the balance of international payments of VIETNAM

In accordance with the Decree No. 16/2014/ND-CP dated March 03, 2014 of the Government On management of the balance of international payments of Vietnam, the Ministries of Planning and Investment; Finance; Industry and Trade[...]
legal updates 001

FUNCTIONAL FOODS MUST HAVE THE SEPARATE AREA IN THE PHARMACY

On November 24, 2014, the Ministry of Health issued the Circular No. 43/2014/TT-BYT on prescribing the functional foods management including supplemented foods, health protection foods, medical foods and foods used for special dietary uses; not apply to nutritional formula for children. At this Circular, the Ministry of Health requires...
Competition law

The Vietnam Competition Law 2004

Pursuant to the 1992 Constitution of the Socialist Republic of Vietnam, which was amended and supplemented under Resolution No. 51/2001/QH10 of December 25, 2001 of the 10th National Assembly, the 10th session; [...]
Overtime payment on a public holiday is at least 300% of actual hourly wage

Overtime payment on a public holiday is at least 300% of actual hourly wage

This is the content prescribed at the Circular No. 23/2015/TT-BLDTBXH dated June 23, 2015 of the Ministry of Labor, War Invalids and Social Affairs guiding a number of articles on wages of the Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number...
Consulting on  Patent for Italian drugmaker.

Land Law of Viet Nam 2013

This Vietnam Land Law 2013 prescribes the regime of land ownership, powers and responsibilities of the State in representing the entire-people owner of land and uniformly managing land[....]