DISCLOSURE OF THE STATE FINANCIAL REPORTS IS COMPULSORY
On March 14, 2017, the Government issued the Decree No. 25/2017/ND-CP on state financial reports prescribing that national and provincial state financial reports shall be made according to the annual accounting period starting on January 1 and ending on December 31 of the calendar year.
Units tasked to compile state...
Principles to deal with 100% State-owned charter capital
On December 9, 2013, the Government promulgated Decree No. 206/2013/ND-CP on management of debts of enterprises with 100% State-owned charter capital[...]
Guidelines for payment deducting of trade union fee
On November 21, 2013, the Government issued Decree No. 191/2013/ND-CP detailing on Trade- Union Finance[...]
Hanoi has scheme on 8 rapid bus routes
In order to develop the infrastructure traffic network which is synchronous, sustainable, modern, accessible, convenient and meet the travel needs of people and be of environmental friendliness, the Prime Minister signed the
Decision No. 519/QD-TTg approving the transportation planning of Hanoi Capital by 2030, with a vision to 2050,...
Land Law of Vietnam 2013
Land Law of Vietnam 2013 prescribes the regime of land ownership, powers and responsibilities of the State in representing the entire-people owner of land and uniformly managing land, the regime of land management and use, the rights and obligations of land users involving land in the territory of the...
Add more superior people’s courts
Instead of having the Supreme People’s Court; Courts of provinces and centrally run cities; Courts of rural districts, urban districts, towns, provincial cities and the equivalent and Military courts as current regulations, from June, 2015, the people’s courts system add more Superior people’s courts. This is the new content...
TO ADJUST AVERAGE MONTHLY INCOME FOR WHICH SOCIAL INSURANCE
Takes effect on February 11, 2017, the Circular No. 42/2016/TT-BLDTBXH dated December 28, 2016 of the Ministry of Labor, War Invalids and Social Affairs on indexing factor in calculation of average monthly income for which social insurance has been paid.
Accordingly, Indexed monthly wage as the basis for social insurance...
Law on protection of consumers’ rights 2010
This Law regulates the rights and obligations of consumers, the liability of organizations or individuals trading goods and/or services to consumers[....]
Cancel purchasing expenditures that the estimation has not been approved yet
On August 13, 2014, the Prime Minister issued the Directive No. 25/CT-TTg on superintending to perform financial tasks – Budget 2014, actively cut down on or put off the implementation of payment tasks for purchasing equipment, cars… that are out of date but still be usable[...]
The minimum amount of capital required for an airline is vnd 300 billion
This is the content prescribed at the Decree No. 92/2016/ND-CP dated July 1, 2016 of the Government providing for conditional business sectors or activities in the civil aviation industry and takes effect on July 01, 2016.
In particular, the minimum amount of capital required for establishment and maintenance of an...
