Commentary

On 14/09/2018, the State Bank of Vietnam has issued Circular No. 23/2018/TT-NHNN regulating the reorganization, withdrawal of licenses and liquidation of assets of people’s credit fund. This Circular will take effect from 01/11/2018. According to Circular No.23/2018/TT-NHNN, People’s Credit Funds may be restructured in the following forms: division, partial division, consolidation, acquisition. The reorganization of […]

On 13 September 2018, the government promulgated Decree No. 121/2018/NĐ-CP on amendments to the government’s Decree No. 49/2013/ND-CP dated May 14, 2013 on guidelines for the labor code in terms of wages. This Decree shall take effect from 01 November 2018. Accordingly, Decree No. 49/2013/ND-CP regulates new regulations on outstanding contents related to the principle […]

On 08 August 2018, the Finance of Ministry promulgated Circular No. 69/2018/TT-BTC guidance for restructuring State-owned Enterprise that not eligible for equitization under paragraph 2 Article 3 Decree No. 126/2017/NĐ-CP on 16 November 2017 via resolving debt to transfer to be a joint stock company. This Circular will take effective on 01 October 2018 Accordingly, […]

On 07/9/2018, the Government issued Decree No. 116/2018/ND-CP amending and supplementing a number of articles of the Government’s Decree No. 55/2015/ND-CP dated 09/06/2015. Credit policy for agricultural and rural development. This decree will come into force on October 25, Accordingly, Decree No. 116/2018/ND-CP contains the following new remarkable contents: Firstly, specifying the subject named bank […]

On 31/07/2018, the Prime Minister issued Decision No. 30/2018/QD-TTg regulating the order and procedures for certification of goods directly used for the development of technology incubation, To create scientific and technological enterprises and renovate technologies; Specialized means of transport in technological lines used directly for production activities of investment projects. This Decision takes effect on […]

On 30/07/2018, the Ministry of Transport issued Circular No. 41/2018/TT-BGTVT regulating the list of potentially unsafe products subject to state management of the Ministry of Communications transportation. This Circular takes effect on September 15, 2018. Accordingly, Circular No. 41/2018/TT-BGTVT applies to domestic and foreign organizations and individuals engaged in production and business activities, design, construction […]

On July 24, 1818, the Ministry of Defense issued the revised Circular 105/2018/TT-BQP, amending and supplementing a number of articles of Circular No. 147/2016 / TT-BQP dated 21/09/2016 of the Minister of Defense prescribing the management of title holders, position at the State-owned enterprises, the Ministry of Defense manages and Representatives of joint-stock companies with […]

On 09 September 2018, the government promulgated Resolution No.119/NQ-CP on regular Government meeting in August 2018. This Resolution has took effect from insurance date. Accordingly, Resolution No.119/NQ-CP has notable contents as follows: The Ministry of Finance shall expeditiously assume the prime responsibility and coordinate with the Ministry of Justice, Government Office and other ministries, the […]