investment in railway infrastructure

Seeking private sector involvement in investment in railway infrastructure

With the target to gradually reduce the burden on the state budget, and meet the target of socio-economic development, industrialization - modernization of the country; to restructure the railway sector investment, enhance private sector involvement investment ratio in the railway infrastructure commensuration with other transport fields; the Minister of...

The provision of e-customs declaration information

The statute on provision and use of e-customs declaration information was promulgated on August 19, 2016 at Decision No. 33/2016/QD-TTg by the Prime Minister. According to the statute, e-customs declaration information will be sent to information users from the customs information portal within 1 minute as of the receipt of...

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[...]
Bank

THE STATE BANK OF VIETNAM SHALL ORGANIZE THE COMMUNICATION DEPARTMENT

From February 17, 2017, organizational structure of the State Bank of Vietnam concludes 26 units, instead of 27 units as before is the important content at Decree No. 16/2017/ND-CP dated February 17, 2017 of the Government defining the functions, tasks, powers and organizational structure of the State Bank of...

Task assignment for the prime minister and deputy prime ministers

The Decision No. 1527/QD-TTg dated August 01, 2016 on task assignment for the Prime Minister and Deputy Prime Ministers issued by the Prime Minister. Accordingly, the Prime Minister shall fully perform his/her tasks and exercise his/her powers in accordance with the Constitution and the Law on Organization of the Government;...

Advertising works are not allowed to be installed in the safety corridor of road tunnels.

On October 31, 2013, the Ministry of Construction issued Circular No. 19/2013/TT-BXD on promulgating national technical specifications on construction and installation of outdoor advertising, stipulating requirements to be followed upon designing[...]
legal updates 002

MUST DECLARE INCOME IN SOFTWARE PRODUCTION

The Ministry of Information and Technology issued the Circular No. 16/2014/TT-BTTTT dated November 18, 2014 on identifying the software production; within that, the most important content is the requirements applied to software producers. Accordingly, organizations and companies must have Certificates of Business registration, certificates of investment, or written appointments issued...

The minimum amount of capital required for an airline is vnd 300 billion

This is the content prescribed at the Decree No. 92/2016/ND-CP dated July 1, 2016 of the Government providing for conditional business sectors or activities in the civil aviation industry and takes effect on July 01, 2016. In particular, the minimum amount of capital required for establishment and maintenance of an...

PROCEDURES FOR FORMULATION, ASSESSMENT AND APPROVAL FOR ELECTRICITY TRANSMISSION PRICE

On February 10, 2017, the Ministry of Industry and Trade issued the Circular No. 02/2017/TT-BCT prescribing the regulations on methods and procedures for formulation, assessment and approval for electricity transmission price; applicable to Vietnam Electricity, National Power Transmission Corporation, system and market operator, Electric Power Trading Company, power corporations...
legal-update

Not requires to be implement the inspection conclusions pending instructions

Smuggling, illegal transport of goods across the border, trade frauds and counterfeits remain complicated with sophisticated trickeries associated with corruption causing loss to state budget and natural resources, imposing negative impacts on environment of investment, trading and international integration..On June 09, 2015, the Government issued the Resolution No. 41/NQ-CP...