Legal updated

THE ACTION PROGRAM FOR IMPLEMENTATION OF THE FOURTH INDUSTRIAL REVOLUTION

04/05/2020 - SECURITIES

On April 17, 2020, the Government promulgates the Resolution No. 50/NQ-CP on the Action Program of the Government on implementation of the Resolution No. 52-NQ-TW dated September 27, 2019 of the Politburo on a number of...

TIME FOR APPROVING THE RECEIPT OF INTERNATIONAL EMERGENCY AID FOR RELIEF IS 3 DAYS

04/05/2020 - SECURITIES

The Government promulgates the Decree No. 50/2020/ND-CP on providing provisions on receipt, management and use of international emergency aid for relief and remediation of natural disaster consequences n April 20, 2020.

APPROVAL OF THE SCHEME ON APPLICATION OF FINANCIAL REPORTING STANDARDS IN VIETNAM

04/05/2020 - FINANCE - BANKING

On March 16, 2020, the Minister of Finance issues the Decision No. 345/QD-BTC on approval of the Scheme on application of financial reporting standards in Vietnam.

FROM MAY 15, A LABOR GOING TO WORK IN KOREA UNDER THE EPS PROGRAM MUST DEPOSIT VND 100 MILLION

04/05/2020 - LABOR - SALARY

The Decision No. 12/2020/QD-TTg on piloting deposit applicable to migrant workers to South Korea in accordance with the Employment Permit System of South Korea is issued on March 31, 2020 by the Prime Minister.

TO PERFORM ADMINISTRATIVE PROCEDURES IN THE ELECTRONIC ENVIRONMENT FROM APRIL 22

27/04/2020 - ADMINISTRATIVE

On April 08, 2020, the Government issues the Decree No. 45/2020/ND-CP on the implementation of administrative procedures in the electronic environment.

VIETNAM TARGETS AVERAGE ANNUAL GROWTH RATE OF 7% FOR 2021-2025

27/04/2020 - SECURITIES

On April 13, 2020, the Prime Minister promulgates the Directive No. 18/CT-TTg on building the five-year socio-economic development plan for the 2021-2025 period.

OPEN DATA MUST BE UPDATED WITHIN 03 MONTHS AFTER PUBLICATION

27/04/2020 - INFORMATION - COMMUNICATIONS

On April 09, 2020, the Government promulgates the Decree No. 47/2020/ND-CP on the management, connection and sharing of digital data by state agency.

04 TYPES OF PROPERTY NOT TO BE DISTRAINED ON COERCING OF JUDGMENT EXECUTION

27/04/2020 - COMMERCE

On April 08, 2020, the Government promulgates the Decree No. 44/2020/ND-CP on coercing the judgment execution against commercial legal persons.

03 CONDITIONS FOR AN ENTERPRISE TO BE EXEMPTED FROM MULTIPLE JOURNEY GUARANTEE

27/04/2020 - EXPORT – IMPORT

This new content is prescribed by the Government in the Decree No. 46/2020/ND-CP dated April 09, 2020 on customs procedures, customs inspection and supervision of goods in transit via the ASEAN Customs Transit System to...

TO SUPPLEMENT 02 OBJECTIVE DEDUCTED IN EVALUATE THE CAPITAL PRESERVATION OF THE DEPOSIT INSURANCE OF VIETNAM

27/04/2020 - FINANCE - BANKING

On April 01, 2020, the Ministry of Finance promulgates the Circular No. 20/2020/TT-BTC on amending and supplementing a number of Articles of the Ministry of Finance’s Circular No. 312/2016/TT-BTC of November 24, 2016, pr...

REGULATION ON COORDINATION IN RESOLUTION OF INTERNATIONAL INVESTMENT DISPUTES

27/04/2020 - INVESTMENT

On April 08, 2020, the Prime Minister issues the Decision No. 14/2020/QD-TTg on promulgation of Regulation on coordination in resolution of international investment disputes.

EFFECTIVE PERIOD OF A POWER PURCHASE AGREEMENT FOR GRID-CONNECTED SOLAR POWER PROJECTS IS 20 YEARS

19/04/2020 - INDUSTRY

On April 06, 2020, the Prime Minister promulgates the Decision No. 13/2020/QD-TTg on mechanism for encouragement of solar power development in Vietnam.

AN EMPLOYEE LOSING JOB DUE TO COVID-19 SHALL BE SUPPORTED VND 1.8 MILLION/MONTH

19/04/2020 - SECURITIES

The Government issues the Resolution No. 42/NQ-CP on measures to support people affected by the COVID-19 epidemic on April 09, 2020.

TO APPROVE ADJUSTMENTS TO THE GENERAL MASTER PLAN ON CONSTRUCTION OF HO CHI MINH CITY THROUGH 2025

19/04/2020 - CONSTRUCTION

On March 27, 2020, the Prime Minister issues the Decision No. 430/QD-TTg on approving partial adjustments to the general master plan on construction of Ho Chi Minh City through 2025.

BANKS MUST REDUCE EXPENSES ON SALARIES AND BONUSES TO REDUCE INTEREST RATES

19/04/2020 - FINANCE - BANKING

This is the content prescribed in the Directive 02/CT-NHNN dated March 31, 2020 on urgent solutions applied by the banking sector to enhance the prevention and control of Coronavirus disease