banks allowed purchasing debts having the bad debt ratio under 3%
From September 01, 2015, credit institutions, foreign banks’ branches shall be only permitted for debt purchase when being approved on the establishment and operation license of credit institutions, establishment license of foreign bank’s branches (hereinafter referred to as the License) by the State Bank and having the bad debt...
Shall be paid compensation for wasteful acts
Cadres, civil servants, public employees and workers in state budget-funded agencies and organizations and heads of state enterprises who commit violations who commit violations, fail to implement, or improperly implement the provisions of the Law on Thrift Practice[...]
TO INCREASE THE MINIMUM WAGES FROM JANUARY 01, 2019
On November 16, 2018, the Government issues the Decree No. 157/2018/ND-CP providing for region-based minimum wages applied to employees working under labor contracts.
Accordingly, from January 01, 2019, the region-based minimum wages are specified as follows:
- VND 4,180,000/month, for enterprises operating in localities of region I;
- VND 3,710,000/month, for enterprises...
From 2015, households must apply for health insurance
In accordance with the Law No. 46/2014/QH13 passed by the eighth National Assembly of the Socialist Republic of Vietnam in the 7th Conference on June 13, 2014 amending the Law on Health Insurance[...]
Ensure the cyber information security for the period 2016-2020
Orientation, objectives, duties of cyber information security for the period 2016-2020 approved by the Prime Minister at the Decision No. 898/QD-TTg dated May 27, 2016.
Accordingly, in order Creating the powerful change in awareness of information security and the rate of incidents of cyber information security loss; improving the reputation...
GUIDELINES FOR PILOT FAMILY MEDICINE PRACTICES PURSUANT TO CIRCULAR NO. 21/2019/TT-BYT
Pursuant to Decree No. 109/2016/ND-CP on issuance of operating license for practitioner and operation license for medical examination and treatment facilities and Decree No. 155/2018/ND-CP on amendments to a number of provisions relating the business investment conditions under state management of the Ministry of Health: The family medicine facility...
10 days before termination ATMS service providers must inform the locality state bank
On December 28, 2018, the State Bank of Vietnam issues the Circular No. 44/2018/TT-NHNN on amendments and supplements to certain articles of the Circular No. 36/2012/TT-NHNN dated December 28, 2012 of State Bank’s Governor prescribing installation, management, operation and maintenance of safety for operations of automated teller machines.
- Within...
Decentralized wastewater treatment technologies
On April 03, 2015, the Ministry of Construction issued the Circular No. 04/2015/TT-BXD dated April 03, 2015 of the Ministry of Construction guiding the implementation of a number of articles of the Decree No. 80/2014/ND-CP dated August 06, 2014 of the Government on the waste water drainage and treatment.
Within...
The fee of issuance or renewal of a certificate of multi-level marketing is VND 5 million/application
In accordance with the Circular No. 156/2016/TT-BTC dated October 21, 2016 of the Ministry of Finance on providing for fees for processing of application for the certificate of multi-level marketing, collection, transfer and management thereof, applies to enterprises applying for issuance, replacement, addition or renewal of the certificate of...
imported trees must be monitored from 6 to 12 months
On October 30, 2014, the Ministry of Agriculture and Rural Development issued the Circular No. 33/2014/TT-BNNPTNT providing the order and procedures for plant quarantine upon import, export and transit and post-import quarantine of articles subject to plant quarantine. This Circular applies to Vietnamese and foreign organizations and individuals engaged...
