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...
Invalidating redgulations on importation of used machinery equipment
On August 29, 2014, the Minister of Science and Technology signed the Decision No. 2279/QĐ-BKHCN on invalidating Circular No.20/2014/TT-BKHCN on importation of used machinery, equipment and technological line.[...]
Rules of origin provided for in VN – EAEU FTA
On September 20, 2016, the Ministry of Industry and Trade issued the Circular No. 21/2016/TT-BCT providing for the implementation of rules of origin provided for in the free trade agreement between Vietnam and Eurasian Economic Union, the rules of origin provided for in this Circular shall be applied only...
From july 01, increase water surface rental frame
In accordance with the Decree No. 46/2014/ND-CP dated May 15, 2014 of the Government On collection of land rental and water surface rental from July 01, 2014, the water surface rental frame is increased double or triple compared with current frame[...]
Banks must converse basic foreign exchange activities before November of 2017
On October 05, 2016, the State Bank of Vietnam issued the Circular No. 28/2016/TT-NHNN on amending and supplementing a number of articles of Circular No. 21/2014/TT-NHNN of August 14, 2014, of the Governor of the State Bank of Vietnam, guiding the scope of foreign exchange activities and the conditions,...
Conditions for food safety assurance for production establishments
On December 18, 2014, the Ministry of Industry and Trade issued the Circular No. 54/2014/TT-BCT prescribing the conditions for food safety assurance for processed milk production and trading establishments.
Accordingly, processed milk production establishments must have the production site to be built under the current master plan approved by a...
To fine to vnd 100 million if non-public offering of stocks failing to apply for securities
This is one of the important contents prescribed at the Decree No. 145/2016/ND-CP dated November 01, 2016 of the Government on amending the Government’s Decree No. 108/2013/ND-CP dated September 23, 2013 on penalties for administrative violations against regulations on securities and securities market.
In particular, from December 15, 2016, any...
TO 2020, THE EXPECTED VOLUME OF GAS PRODUCTION IS 11 BILLION M3/YEAR
On January 16, 2017, the Prime Minister issued the Decision No. 60/QD-TTg on approving the plan for development of gas industry of Vietnam by 2025 with the vision to 2035, Invest in development of the gas industry sector with all stages which are organized in a complete and uniform...
Exempting the import tax for 5 year for medical equipments
This is the content prescribed at the Decision No. 54/2014/QD-TTg dated September 19, 2014 of the Prime Minister on exempting the import tax for devices for manufacturing and assembling the medical equipments with high priority.[...]
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. [...]
