Securities business is allowed to indirectly invest offshore up to 30% ownership
According to Circular No. 105/2016/TT-BTC dated June 29, 2016 of the Ministry of Finance guiding offshore indirect investment activities of securities businesses, funds investing in securities, securities investment companies, insurance businesses, only securities businesses licensed to undertake securities dealing are allowed to invest or undertake offshore indirect investment with...
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Enterprise must establish a trade union organization within six months of operation
The Government has just issued the Decree No. 98/2014/ND-CP dated October 24, 2014 providing the establishment of political organizations and socio-political organizations at enterprises of all economic sectors.[...]
To supplement 14 technologies banned from transfer
On December 17, 2014, the Government issued the Decree No. 120/2014/ND-CP on Amending and supplementing a number of articles of the Government’s Decree No. 133/2008/ND-CP of December 31, 2008, detailing and guiding the implementation of a number of articles of the Law on Technology Transfer, decides to supplement 14...
Guarantees principles borrow capital from credit institutions for state enterprises
An enterprise may provide guarantees for its subsidiaries to borrow capital from credit institutions must not exceed the subsidiary’s equity capital is the important contents prescribed at the Law No. 69/2014/QH13 passed by the National Assembly on November 26, 2014.
Accordingly, the total value of guarantees provided for a subsidiary...
VALIDITY DURATION OF INTERNATIONAL DRIVING PERMITS IS 3 YEARS
The Ministry of Transport issued the Circular No. 29/2015/TT-BGTVT dated July 06, 2015 providing the issuance and use of international driving permits for Vietnamese and foreigners having permanence residence cards granted by Vietnam, who have obtained Vietnam’s domestic driving permits which are made of polyethylene terephthalate (PET) and remain...
TO ALLOW PILOT INTERNATIONAL SOCCER BETTING IN VIETNAM
Takes effect on March 31, 2017, the Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on business of betting on horse racing, greyhound racing and international soccer, The Government allows 01 enterprise to pilot the business of betting on international soccer. The duration of pilot international soccer...
Publishing houses must have at least 200 m2 for use
At the Decree No. 195/2013/ND-CP dated November 21, 2013 of the Government detailing a number of articles of, and measures for implementing, the Publication Law[...]
Conditions on export of minerals
On July 05, 2016, the Ministry of Industry and Trade issued the Circular No. 12/2016/TT-BCT on amending and supplementing a number of articles of the Minister of Industry and Trade’s Circular No. 41/2012/TT-BCT of December 21, 2012, providing the export of minerals.
Within that, the important content is the regulations...
Invalidating redgulations on importation of used machinery equipment
On August 29, 2014, the Minister of Science and Technology signed the Decision No. 2279/QĐ-BKHCN on invalidating Circular No.20/2014/TT-BKHCN on importation of used machinery, equipment and technological line.[...]
