Shareholding percentage of a foreign organization shall not exceed 15% of a Vietnamese credit institution’s charter capital
This is one of remarkable point in Decision No. 01/2014/ND-CP dated January 3, 2014 of the Government on foreign investors’ share purchase from Vietnamese credit institutions
Accordingly, shareholding percentage of a foreign individual shall not exceed 5% of charter capital of a Vietnamese credit institution and shareholding percentage of a...
Allowed to transfer socialization projects
This is the new guideline of the Government prescribed at the Decree No. 59/2014/ND-CP dated June 06, amending and supplementing a number articles of the Government’s Decree No. 69/2008/ND-CP of May 30, 2008, on policies to encourage socialization in the fields of education, vocational training, healthcare, culture, sports and environment[...]
Conditions for organization of yoga training
At the Circular No. 11/2016/TT-BVHTTDL dated November 08, 2016, the Ministry of Culture, Sports and Tourism have specific regulations on conditions for organization of yoga training and competition - is a combination of physical exercises and postures (Asana) and breathing exercises (Pranayama) to promote better health, prevent and cure...
06 CASES ALLOWED IMPORTING UNDER THE LIST OF IMPORT PROHIBITION
On May 06, 2016, the Prime Minister signed the Decision No. 18/2016/QD-TTg on circumstances that enable importation of used information technology products under import prohibition; takes effect on July 01, 2016.
Circumstances that enable importation of products under the import prohibition list such as used information technology goods are imported...
Registration of civil status at overseas vietnamese consular offices
On June 30, 2016, the Ministry of Foreign Affairs and the Ministry of Justice issued Joint Circular No. 02/2016/TTLT- BNG-BTP guiding the registration and management of civil status at overseas Vietnamese diplomatic missions and consular offices.
In accordance with this Joint Circular, the representative mission in the consular region where...
Charging the waste water by the water bills
On August 06, 2014, the Government issued the Decree No. 80/2014/ND-CP on the waste water drainage and treatment prescribing that Polluters must pay for pollution treatment; the income from drainage service must step by step cover the expense of drainage service.[...]
Allowed to change the land use purpose from agricultural land to residential land for resettlement
The Ministry of Natural Resources and Environment has just issued the Circular No. 37/2014/TT-BTNMT dated June 30, 2014 detailing compensation, support and resettlement upon land recovery by the State.[...]
Assignment of given sea areas to organizations and individuals for marine resource exploitation
On May 21, 2014, the Government issued the Decree No. 51/2014/ND-CP providing the assignment of given sea areas to organizations and individuals for marine resource exploitation and use with the maximum duration is 30 years[...]
Criteria for deflning buffer zones of special-use forests and protection belt
On March 26, 2014, the Ministry of Agriculture and Rural Development issued the Circular No. 10/2014/TT-BNNPTNT on criteria for defining buffer zones of special-use forests and protection belt of marine protected areas[...]
New regulations on the management of state foreign exchange reserves
On May 20, 2014, the Government issued the Decree No. 50/2014/ND-CP on the management of State foreign exchange reserves.
