Legal updated

THE MAXIMUM TERM OF SPECIAL BONDS IS 10 YEARS

21/01/2020 - FINANCE - BANKING

On December 31, 2019, the State Bank of Vietnam promulgates the Circular No. 32/2019/TT-NHNN on amending and supplementing a number of Articles of the Circular No. 19/2013/TT-NHNN dated

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CONVERTIBLE BONDS PRIVATELY ISSUED ARE ALLOWED TO TRANSFERRED AT THE ISSUING TIME

21/01/2020 - FINANCE - BANKING

This new provision is prescribed at the Circular No. 33/2019/TT-NHNN dated December 31, 2019 of the State Bank of Vietnam on amending and supplementing a number of Articles of the Circular No.

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TO GUIDE THE FOREIGN EXCHANGE CONTROL OF MICROFINANCE PROGRAM AND PROJECT

21/01/2020 - FINANCE - BANKING

The State Bank of Vietnam issues the Circular No. 34/2019/TT-NHNN providing guidelines on the foreign exchange control with foreign currency capital of microfinance programs and projects of political

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CREDIT INSTITUTIONS MUST COMPARE VARIATION OF INSURANCE CONTRACT AT LEAST ONCE A MONTH

21/01/2020 - FINANCE - BANKING

This content is prescribed by the State Bank of Vietnam in the Circular No. 37/2019/TT-NHNN dated December 31, 2019 guiding credit institutions and foreign bank branches to act as insurance agents for

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METHODS AND INDICATORS FOR EVALUATING THE EFFICIENCY OF PUBLIC INVESTMENT PROJECT

21/01/2020 - INVESTMENT

On January 01, 2020, the Government promulgates the Decree No. 01/2020/ND-CP on amending and supplementing a number of Articles of the Government’s Decree No. 84/2015/ND-CP dated

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FROM JULY 01, 2020, SHALL NOT APPLY INDEFINITE WORKING CONTRACTS FOR PUBLIC EMPLOYEE

11/01/2020 - CONSTRUCTION

This is one of the remarkable regulations approved by the National Assembly on November 25, 2019 in the Law on amend and supplement a number of Article of the Law on Cadres and Civil Servants and the Law on Public Employ...

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HIGHER EDUCATION INSTITUTIONS SHALL HAVE TO MAKE FULL DISCLOSURE ON EMPLOYMENT RATE AFTER 12 MONTHS OF GRADUATION

11/01/2020 - EDUCATION – TRAINING – VOCATION

On December 30, 2019, Government promulgates the Decree No. 99/2019/ND-CP detailing and guiding the implementation of a number of articles of the law amending and supplementing a number of articles of the Law on Higher E...

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THE CREDIT INSTITUTIONS MAY BE EXEMPTED FROM MONTHLY CASH WITHDRAWAL FEE

11/01/2020 - FINANCE - BANKING

On December 25, 2019, the State Bank of Vietnam promulgates the Circular No. 27/2019/TT-NHNN on amending and supplementing a number of Articles of the Circular No. 35/2014/TT-NHNN dated November 20, 2014 of the State Ban...

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NOT TO SUPPORT INTEREST RATE, SUBSIDIZE INTEREST RATE DIFFERENCE FOR THE OVERDUE PRINCIPLE BALANCE

11/01/2020 - FINANCE - BANKING

On November 15, 2019, the Minister of Finance promulgates the Circular No. 82/2019/TT-BTC on amending and supplementing a number of Articles of the Circular No. 89/2014/TT-BTC dated July 07, 2014, providing guidelines on...

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A MINOR MAY USE SUPPLEMENTARY CARD OF A DEBIT CARD WITHOUT WRITING PERMISSION

11/01/2020 - FINANCE - BANKING

On December 25, 2019, the Governor of the State Bank of Vietnam promulgates the Circular No. 28/2019/TT-NHNN on amending and supplementing a number of Articles of the Circular No. 19/2016/TT-NHNN dated June 30, 2016 of t...

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APPRAISAL TIME OF URBAN WATER SUPPLY PLANNINGS IS AT MOST 20 DAYS

11/01/2020 - INVESTMENT

On December 27, 2019, the Government promulgates Decree No. 98/2019/ND-CP on amending and supplementing a number of Articles of Decrees on technical infrastructure.

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CENTRAL PROVINCES SHALL REDUCE ONE-OFF LAND USE RENTAL PAYMENTS FOR WHOLE LAND LEASE TERMS

06/01/2020 - COMMERCE

Central provinces shall need to reduce cases where land lessees are allowed to make one-off land use rental payments for whole land lease terms is the content in the Directive No. 27/CT-TTg on solutions to promote growth...

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JOIN STOCK COMPANY MUST HAVE AT LEAST VND 30 BILLION OF REGULATION CAPITAL FOR INITIAL OFFERING OF STOCK

06/01/2020 - SECURITIES

This is one of new, strict conditions for enterprises’ public offer of securities in the Law on Securities No. 54/2019/QH14. As in the Law on Securities No. 70/2006/QH11, this number is only VND 10 billion.

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TO AMEND THE COSMETIC PROCLAMATION DOSSIER

06/01/2020 - MEDICAL – HEALTH

The Ministry of Health promulgates the Circular No. 32/2019/TT-BYT on amending and supplementing Clause 4 Article 4 and Appendix No. 01-MP of the Circular No. 06/2011/TT-BYT, providing cosmetic management on December 16,...

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TO SUPPLEMENT THE LIST OF HS CODE FOR A NUMBER OF EXPORT COMMODITIES

06/01/2020 - EXPORT – IMPORT

On November 16, 2019, the Ministry of Industry and Trade issues the Circular No. 41/2019/TT-BCT on supplementing HS code Lists of imported and exported goods prescribed in some Circulars of the Ministry of Industry and T...

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