ASSIST HEALTH INSURANCE IN 2 YEARS FOR HOUSEHOLDS AFFECTED BY MARITIME ENVIRONMENTAL INCIDENT
On January 06, 2017, the Prime Minister issued Decision No. 12/QD-TTg on approving the “scheme for determination of damage, compensation and assistance in business recovery and social security for maritime environmental incident - affected residents in Ha Tinh, Quang Binh, Quang Tri and Thua Thien Hue provinces”
At the Scheme,...
BY 2017, PROCEDURE FOR PROPERTY REGISTRATION SHALL BE FINISHED WITHIN 20 DAYS
This is one of targets that the Government had set at Resolution No. 19-2017/NQ-CP dated February 06, 2017 on main duties and measures for improving business environment and enhancing national competitiveness in 2017 and orientation towards 2020.
With the aim by the end of 2017, starting a business of our...
PILOT PERMISSION FOR VIETNAMESE CITIZENS TO PLAY IN CASINOS
On January 16, 2017, the Government issued Decision No. 03/2017/ND-CP on casino business, pilot permit for Vietnamese citizens to play in casinos included entertainment complexes at places satisfying requirements and approved by the competent authorities.
The duration of pilot permission shall be 03 years from the day on which the...
MAY IS THE ACTION MONTH ON OCCUPATIONAL SAFETY AND HYGIENE
According to Circular No. 02/2017/TT-BLDTBXH dated February 20, 2017 of the Ministry of Labor - Invalids and Social Affairs guiding organization of the action month on occupational safety and hygiene, the action Month for occupational safety and hygiene shall be held annually from 01 to 31 of May; the...
MAINTENANCE, REPAIRS OF ELECTRICITY TRANSMISSION SYSTEM
The Ministry of Industry and Trade issued the Circular No. 25/2016/TT-BCT dated November 30, 2016 on regulations on electricity transmission system, the electricity system and market operator shall be responsible for formulating plans for maintenance and repair of the electricity transmission system including plans for maintenance and repair of...
ANNUAL PUBLIC DEBTS DO NOT EXCEED 65% GDP IN THE 2016-2020 PERIOD
At the Resolution No. 25/2016/QH14 on National 5-year financial plan in 2016 – 2020 period, the National Assembly requires ministries and agencies to gradually manage the budget according to the results of the implementation of the tasks; establish statistics of the budget according to the practices and international standards....
BANKS MUST MAINTAIN THE MINIMUM CAPITAL ADEQUACY RATIO OF 8%
Takes effect on January 01, 2020, the Circular No. 41/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam prescribing prudential ratios for operations of banks and/or foreign bank branches.
One of the most important content is that banks without subsidiary companies and/or foreign bank branches must maintain the...
FREE FOR USING THE LIST OF HOUSING AND REAL ESTATE MARKET INFORMATION AND DATA
On December 15, 2016, the Ministry of Construction issued the Circular No. 27/2016/TT-BXD prescribing a number of Articles of the Decree No. 117/2015/ND-CP dated November 12, 2015 of Government on establishment, management and use of housing and real estate market information system.
In accordance with the regulations in this Circular,...
IDENTIFICATION OF FOREIGN WORKERS INTERNALLY REASSIGNED BY ENTERPRISES
On December 28, 2017, the Ministry of Industry and Trade issued the Circular No. 35/2016/TT-BCT on identification of foreign workers who are eligible for work permit exemption and internally reassigned by enterprises operating within eleven service sectors specified in Vietnam’s WTO commitments on services.
Accordingly, Grounds for identification of foreign...
SECURITY EQUIPMENT ONBOARD SHIPS, MOBILE DRILLING RIGS MUST MAINTAIN 24/24
On December 27, 2016, the Government issued the Decree No. 170/2016/ND-CP dated December 27, 2016 of the Government regulating on announcement, receiving, processing and transmitting maritime security information.
Within that, the most important content is the responsibilities of owners of Vietnamese ships, port facilities and mobile drilling rigs. Every owner...
