Restricted activities within a coast protection corridor
The Government issued Decree No. 40/2016/ND-CP on May 15, 2016 detailing a number of articles of the Law on Marine and Island Resources and Environment; in which the most important provision is about restricted activities within a coast protection corridor.
Accordingly, exploitation of groundwater may be conducted only in emergency...
PRICE FOR SOLAR ELECTRIC IS 2,086 VND/KWH
This is the most important content in Decision No. 11/2017/QD-TTg dated April 11, 2017 of the Prime Minister on mechanism for encouragement of development of solar power in Vietnam (Solar power project is a project to generate electric power by using solar panel to convert energy from the sun...
Change the operation conditions of occupational safety’s strict requirements
On March 06, 2014, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 06/2014/TT-BLDTBXH[...]
New regulation for work permit in Vietnam.
Regarding the new regulation for work permit for foreigner working in Vietnam that takes effect fromNovember 1st 2013, SB Law would like to provide the information as follows[...]
Adjusting the financial management mechanism for vietnam development bank
On April 29, 2016, the Ministry of Finance issued the Circular No. 67/2016/TT-BTC amending; supplementing some contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of financial management mechanism for Vietnam Development Bank.
In particular, after calculating the total actual capital amount as a basis to...
Use short-term capital sources as medium and long term loans
On May 27, 2016, the State Bank of Vietnam issued the Circular No. 06/2016/TT-NHNN on amending and supplementing a number of Articles of the Circular No. 36/2014/TT-NHNN dated November 20, 2014 of the State Bank of Vietnam providing for prudential ratios and limits for operations of credit institution and...
After March 01, 2018, close current account of household fail to complete the change of account forms
Takes effect on March 01, 2017, the Circular No. 32/2016/TT-NHNN dated December 26, 2016 of the State Bank on amending the Circular No. 23/2014/TT-NHNN dated August 19, 2014 of the State Bank of Vietnam guiding the opening and use of payment accounts at payment service suppliers, before March 01,...
Not use money in other capital contribution
On January 29, 2015, the Ministry of Finance issued the Circular No. 09/2015/TT-BTC dated January 29, 2015 of the Ministry of Finance guiding financial transactions of enterprise prescribed in the Article 6 of the Decree No. 222/2013/ND-CP dated December 31, 2013 of the Government providing for cash payment.
At this...
Management and utilization of the software for aggregation of data on land transport infrastructure asset inventory
On October 25, 2016, the Ministry of Finance issued the Circular No. 158/2016/TT-BTC on the management and utilization of the software for aggregation of data on land transport infrastructure asset inventory.
Accordingly, The data on land transport infrastructure assets in the software is subject to pre-input verification and validation by...
Credit institutions are entitled to overdraft for compensate for the shortage of capital in the inter-bank electronic payment
Takes effect on March 25, 2017, the Circular No. 29/2016/TT-NHNN dated October 12, 2016 stipulating overdraft and overnight lending applicable in the inter-bank electronic payment, to allow credit institutions to make payment in excess of the credit balance in their Vietnamese dong clearance account opened at the Banking Operation...
