VISA EXEMPTION FOR OVERSEAS VIETNAMESE

Taking effect on November 15, 2015, the Decree No. 82/2015/ND-CP dated September 24, 2015 of the Government prescribing visa exemption for overseas Vietnamese and foreigners who are spouses or children of overseas Vietnamese or Vietnamese citizens, having a passport or an international travel document valid for at least 1...

IMPOSE A FINE OF VND 3,000,000 UPON ANY EMPLOYER FOR COLLECTING MONEY FROM APPLICANTS

There are many important contents prescribed at the Decree No. 88/2015/ND-CP dated October 07, 2015 of the Government on amending a number of article of the Decree No. 95/2013/ND-CP dated August 22, 2013 of the Government on penalties of administrative violations in labor, social insurance and overseas manpower supply...

Principles in determination of the unit labor cost

The Circular No. 05/2016/TT-BXD dated March 10, 2016 of the Ministry of Construction providing guidance on determination of the unit labor cost in the construction cost management, applicable to agencies, organizations and individuals related to the management of the construction cost of investment and construction projects using state budget funds...

15 DAYS BEFORE THE OPERATING DATE, THE ELECTRICITY LICENSE MUST BE OBTAINED

The Ministry of Industry and Trade issues the Circular No. 36/2018/TT-BCT on procedures for issuance and revocation of electricity licenses. According to the new Circular, at least 15 business days before its planned date of official operation, the organization engaging in the electricity industry must submit an application for electricity...
regional standards in agriculture

Apply international standards, regional standards in agriculture

In order To step by step harmonize national standards and technical regulations with regional and international standards, on February 14, 2015, the Ministry of Agriculture and Rural Development issued the Circular No. 07/2015/TT-BNNPTNT guiding the adoption of international standards, regional standards and foreign standards in activities managed by The...
transactions registration

Piloting e-transactions registration for online social insurance

The Prime Minister signed the Decision No. 08/2015/QD-TTg dated March 09,2015 on piloting e-transactions in implementation of procedures for participating in social, health and unemployment insurance and requesting the grant of social insurance books and health insurance cards. In accordance with the Decision, an employer conducting e-transactions in the field...

Guidance on allocating profit of Vietnam asset management company

On December 27, 2013, the Ministry of Finance promulgated Circular No. 209/2013/TT-BTC on guiding the financial regulations applicable to Vietnam Asset Management Company (VAMC) for credit institutions, which shall comply with legislations applicable to the one-member limited liability companies of which 100% of charter capital is owned by State, the Government’s Decree No. 53/2013/ND-CP dated May 18, 2013 and related legal documents[...]
Law on protection of consumers’ rights 2010

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[...]

GUIDING THE DETERMINATION AND MANAGEMENT OF CONSTRUCTION SURVEY COSTS

In accordance with the Circular No. 01/2017/TT-BXD dated February 06, 2017 guiding the determination and management of construction survey costs, project owners shall assume the prime responsibility for ensuring quality of construction surveys and managing construction survey costs. Within that, construction survey costs shall be correctly and fully calculated for...

Safe investment ratio of proprietary trader that is commercial banks is 7%

This content is regulated in Circular No. 10/2016/TT-NHNN dated June 29, 2016 of the State Bank of Vietnam guiding a certain contents of the Decree No. 135/2015/ND-CP dated December 31, 2015 of the Government on  prescribing offshore indirect investment. According to this Circular, the safe investment ratio of a proprietary...