Viettel group has dominant position on land mobile information services
On June 15, 2015, the Ministry of Information and Communications issued the Circular No. 15/2015/TT-BTTTT amending a number of articles of the Circular No. 18/2012/TT-BTTTT dated November 15, 2012 of the Ministry of Information and Communications on list of telecommunications enterprises, group of telecommunications enterprises with dominant position on...
VALIDITY DURATION OF INTERNATIONAL DRIVING PERMITS IS 3 YEARS
The Ministry of Transport issued the Circular No. 29/2015/TT-BGTVT dated July 06, 2015 providing the issuance and use of international driving permits for Vietnamese and foreigners having permanence residence cards granted by Vietnam, who have obtained Vietnam’s domestic driving permits which are made of polyethylene terephthalate (PET) and remain...
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 supplement 14 technologies banned from transfer
On December 17, 2014, the Government issued the Decree No. 120/2014/ND-CP on Amending and supplementing a number of articles of the Government’s Decree No. 133/2008/ND-CP of December 31, 2008, detailing and guiding the implementation of a number of articles of the Law on Technology Transfer, decides to supplement 14...
Guiding the investment from social insurance, health insurance
In accordance with the Decree No. 30/2016/ND-CP dated April 28, 2016 of the Government detailing investment from social insurance, health insurance and unemployment insurance funds, takes a form in the following order of priority: Purchase of government bonds; Provision of loans to the state budget; Making of deposits, or...
AGRICULTURAL ENTERPRISES SHALL BE SUPPORTED WITH VND 1 MILLION/M2 IN BUILDING FACTORY
In accordance with the Circular No. 05/2014/TT-BKHDT issued by the Ministry of Planning and Investment on September 30, 2014 guiding the implementation of the Government’s Decree No. 210/2013/ND-CP of December 19, 2013, on incentive policies for enterprises investing in agriculture and rural areas. Enterprises may select the compliance with...
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...
Supporting time for preferred loans is a maximum of 15 years
In accordance with the Resolution No. 61/NQ-CP dated August 21, 2014 of the Government on amending, supplementing the Resolution No. 02/NQ-CP dated January 07, 2013 of the Government on promulgating solutions in removing difficulties for business and production, supporting market and handling bad debts[...]
Incentives of 5% in selection of investors in ppp projects
On March 17, 2015, the Government issued the Decree No. 30/2015/ND-CP dated March 17, 2015 of the Government guiding the implementation of a number of Articles on investor selection of the Law on Bidding, within that, the important contents mention on incentives in selection of investors in PPP...
25 Machines and eqyuipments with strict requirements on labor safefety
On March 06, 2014, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 05/2014/TT-BLDTBXH promulgating list of machines, equipment and supplies having strict requirement on labor safety[...]
