Cases under cancellation of transaction relationship with credit institutions
On December 5, 2013, the State Bank issued Circular No. 27/2013/TT-NHNN, amending and supplementing a number of articles of Ciruclar No. 02/2012/TT-NHNN dated February 27, 2012, on guiding foreign exchange transactions among the State Bank of Vietnam and credit institutions and foreign banks’s branches. [...]
To 2020, the economic growth of thai nguyen province is 10 – 11%/year
To build Thai Nguyen province into a modernity-oriented industrial province and an industrial and education and training service development hub of the northern midland and mountainous region with a modem economic structure...on February 27, 2015, the Prime Minister signed the Decision No. 260/QD-TTg approving the master plan on socio-economic...
To 2020, all provinces and cities have bus services
This is the target set up at the plan for renovation of public passenger transport bus services by 2020, issued by the Ministry of Transport on November 04, 2016 at the Decision No. 3446/QD-BGTVT.
In particular, to 2020, operate and plan to operate bus routes in all provinces and direct-controlled...
EXEMPTION FROM REGISTRATION FEES FOR HIGH-SPEED CRAFTS
On October 05, 2015, the Prime Minister signed the Decision No. 47/2015/QD-TTg on mechanism and policies on encouraging and developing the inland waterway transportation, and takes effect on December 01, 2015; within that the inland waterway vehicles are boats, ships and other floating structures with without engine always operating...
average retail price is vnd 1,622.01 per kwh
In accordance with the Decision No. 2256/QD-BCT dated March 12, 2015 of the Ministry of Industry and Trade on electricity price, the average retail price is VND 1,622.01 per kWh (exclusive of VAT) shall be applicable from March 16, 2015 instead of the price of VND 1,508.85 per kWh...
Applying special excise duty to beer products based on alcohol content
Based on viewpoints of developing beer – alcohol – beverage industry by balancing the production and consumption between regions nationwide in order to prevent overusing alcoholic beverages, the Minister of Industry and Trade signed the Decision No. 3690/QD-BCT dated September 12, 2016 of the Ministry of Industry and Trade...
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.[...]
BANKS MUST MAINTAIN THE MINIMUM CAPITAL ADEQUACY RATIO OF 8%
Takes effect on January 01, 2020, the Circular No. 41/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam prescribing prudential ratios for operations of banks and/or foreign bank branches.
One of the most important content is that banks without subsidiary companies and/or foreign bank branches must maintain the...
Regulation on handing counterfeit money and money suspected to be counterfeit in bank sector
On December 05, 2013, the State Bank of Vietnam issued the Circular No. 28/2013/TT-NHNN regulated that The State Bank branches of provinces and cities directly under the Central Government [...]
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...
