Legal updated

PRINCIPLES IN WHICH A TREATY IS CONCLUDED

06/06/2016 - INVESTMENT

On April 09, 2016, the National Assembly passed the Law No. 108/2016/QH13 on treaties, emphasizes that conclusion and operation of treaties must compliance with the Constitution of Socialist Republic of Vietnam; respect...

AGENT SHALL SELL LPG AT THE PRICE DECIDED BY THE PRINCIPAL

06/06/2016 - ORGANIZATIONAL STRUCTURE

Every agent shall sell LPG at the prices decided by the principal, do not receive LPG or bottled LPG that fails to satisfy the quality, volume and requirements for being sold on the market are the important contents pres...

ALL CITIZENS ARE TREATED EQUAL IN EXERCISING THEIR RIGHTS OF ACCESS TO INFORMATION

06/06/2016 - INFORMATION - COMMUNICATIONS

Takes effect on July 01, 2018, the Law No. 104/2016/QH13 on information access passed on April 06, 2016 prescribes that all citizens are treated equal and not discriminated in exercising their right of access to informat...

THE FEE FOR INITIAL LIST OF STOCK IS 10 MILLION VND

06/06/2016 - TAX – FEE - CHARGE

In accordance with the Circular No. 65/2016/TT-BTC dated April 26, 2016 of the Ministry of Finance prescribing rates and the collection, remittance, management and use of charges for securities operations to be applied a...

ADJUSTING THE FINANCIAL MANAGEMENT MECHANISM FOR VIETNAM DEVELOPMENT BANK

06/06/2016 - FINANCE - BANKING

On April 29, 2016, the Ministry of Finance issued the Circular No. 67/2016/TT-BTC amending; supplementing some contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of financial...

How can Intellectual Property increase market value for small and medium enterprises?

31/05/2016 - Article

Intellectual Property (IP) is often undervalued, and enterprises sometimes fail to recognize its potential in creating future opportunities and benefits. However, when IP right is protected and when there is market deman...

TO SUPPLEMENT THE CASE FOR PROVIDING THE MEASURES OF CUSTODY OF VIOLATORS TO ADMINISTRATIVE PROCEDURES

27/05/2016 - ADMINISTRATIVE

On March 17, 2016, the Government issued the Decree No. 17/2016/ND-CP on amending and supplementing a number of articles of the Government’s Decree No. 112/2013/ND-CP of October 2, 2013, providing the sanction of expulsi...

05 FIELDS PROVIDED DECENTRALIZATION OF STATE MANAGEMENT IN THE PERIOD 2016 – 2020

27/05/2016 - ADMINISTRATIVE

On March 21, 2016, the Government issued the Resolution No. 21/NQ-CP on decentralization of state management between the Government and People’s Committees of provinces and centrally run cities, with the objectives to ra...

DEVELOPMENT OF VIETNAM’S EXPRESSWAY NETWORK

27/05/2016 - TRANSPORT

On March 01, 2016, the Prime Minister signed the Decision No. 326/QD-TTg approving the master plan on development of Vietnam’s expressway network through 2020, with orientations toward 2030; to rapidly form the national...

PRIORITY FIELDS FOR ODA AND CONCESSIONAL LOAN USE

27/05/2016 - INVESTMENT

On March 16, 2016, the Government issued the Decree No. 16/2016/ND-CP on management and use of official development assistance (ODA) and concessional loans of foreign donors.

REPAYMENT OF SHORT-TERM FOREIGN LOANS GRANTED BY DEFERRAL OF PAYMENT FOR IMPORTED GOODS

27/05/2016 - FINANCE - BANKING

On April 15, 2016, the State Bank of Vietnam issued the Circular No. 05/2016/TT-NHNN dated April 15, 2016 of the State Bank of Vietnam on amending and supplement a number Articles of the Circular No. 03/2016/TT-NHNN by t...

CONDITIONS FOR GUIDING THE IMPLEMENTATION OF UNIVERSAL LIFE INSURANCE PRODUCTS

17/05/2016 - INDUSTRY

In accordance with the Circular No. 52/2016/TT-BTC dated March 21, 2016 guiding the implementation of universal life insurance products, when implementing the universal life insurance products, the insurers must meet the...

MANAGEMENT AND USE OF INTERESTS ON LOANS FROM THE NATIONAL EMPLOYMENT FUND

17/05/2016 - FINANCE - BANKING

On March 21, the Ministry of Finance issued the Circular No. 54/2016/TT-BTC on the regulations on management and use of interests on loans from national employment fund.

GUIDING REMITTANCE OF PROFITS EARNED FROM STATE CAPITAL AMOUNTS

17/05/2016 - FINANCE - BANKING

On April 11, 2016, the Ministry of Finance issued the Circular No. 61/2016/TT-BTC dated April 11, 2016 of the Ministry of Finance guiding collection, remittance and management of profits and dividends earned from state c...

TO SUPPLEMENT THE IRON OR STEEL PRODUCTS TO RECEIVE THE PREFERENTIAL IMPORT TAX RATES OF 0%

17/05/2016 - TAX – FEE - CHARGE

On March 18, 2016, the Ministry of Finance issued the Circular No. 51/2016/TT-BTC on amending the list of commodity headings and specific preferential import tax rates for iron or steel articles used in the manufacture o...