Depositors are paid within 25 days after bank’s bankruptcy
On September 06, 2014, the State Bank of Vietnam issued the Circular No. 24/2014/TT-NHNN guiding some contents in deposit insurance and this Circular is applied to the subjects such as the Deposit Insurance of Vietnam.[...]
Independent audit for public interest units must have charter capital of VND 4 billion
On December 04, 2013, the Ministry of Finance issued the Circular No. 183/2013/TT-BTC on independent audit for public interest units[...]
VAMC MUST REPORT BAD DEBTS BEFORE 02 OF MARCH BEFORE THE FINANCIAL YEAR
Takes effect on February 15, 2017, the Circular No. 33/2016/TT-NHNN dated December 27, 2016 of the State Bank of Vietnam on ratios of revenues of asset management company of Vietnamese credit institutions to bad debts bought with special bonds.
At the Circular, the State Bank of Vietnam prescribes not later...
Apply international standards, regional standards in agriculture
In order To step by step harmonize national standards and technical regulations with regional and international standards, on February 14, 2015, the Ministry of Agriculture and Rural Development issued the Circular No. 07/2015/TT-BNNPTNT guiding the adoption of international standards, regional standards and foreign standards in activities managed by The...
CHANGE THE LEVEL OF CASE-BASED REMUNERATION FOR LAWYERS PROVIDING LEGAL AID
From November 10, 2015, If legal aid is provided in the form of participation in legal proceedings, the remuneration level for the lawyer providing legal aid as required is equal to VND 500,000 for a working session or a fixed amount for a case of between 3 months’ basic...
EMPLOYEE POLICIES IN THE CONTEXT OF TRANSFORMATION OF PUBLIC SERVICE ESTABLISHMENTS
On October 25, 2016, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 35/2016/TT-BLDTBXH providing guidance on implementation of employee policies in the context of transformation of public service establishments into Joint-Stock Companies under the Prime Minister’s Decision No. 22/2015/QD-TTg dated June 22, 2015.
Employees that...
Change the conditions for enjoying the priority regime on customs
On January 21, 2015, the Government issued the Decree No. 08/2015/ND-CP detailing, and providing measures to implement, the Customs Law regarding customs procedures and customs inspection, supervision and control and takes effect on March 15, 2015; within that one of the important content is the relaxation on conditions for...
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...
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...
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...
