Commentary

On June 12, 2018, National Assembly passed Law No.25/2018/QH14 on denunciation. Law of Denunciation in 2018 will take effect from 01/01/2019. Accordingly, Law on Denunciation 2018 provides on protection of the denouncers as follows: 1. Protection of denunciators is protection of denunciators’ information confidentiality; Protection of their position, job, life, health, assets, honor, dignity (collectively […]

On May 15, 2018, the Judges’ Council of the Supreme People’s Court issued Resolution No.03/2018/NQ-HDTP guiding the application of a number of provisions of law on settlement of disputes on the handling of bad debts of collateral assets of bad debts in court. This Resolution took effect since July 01, 2018. One of the prominent […]

On July 13, 2018, State Securities Committee issued Document No.4350/UBCK-PTTT on accepting to adjust to increase the initial margin ratio of the future contract index VN 30 (is a price index of 30 companies listed on the Ho Chi Minh Stock Exchange with the highest market capitalization and liquidity, meeting the criteria of screening). This […]

On July 12, 2018, the Ministry of Information and Communication issued Decision No.1164/QD-BTTTT on the regulation of providing information to citizens. This Decision took effect from the date of its promulgation. Accordingly, the Decision No.1164/QD-BTTTT contains the following new noteworthy points: 1. On the division of responsibilities – The Minister is in charge of providing […]

On July 17, 2018 General Department of Customs issued Document No.4202/TCHQ-PC to guide on management of imported scraps from aboard into Vietnam. Accordingly, Document No.4202/TCHQ-PC guiding the disposal of commodities that are used scraps, used goods is characterized as follows: 1. The Customs Department reviews and informs enterprises / shipping companies/ shipping agent to work […]

On July 06, 2108, the Prime Minister issued Decision No.27/2018/QD-TTg on the system of economic sectors in Vietnam. This decision takes effect from August 20, 2018. Accordingly, the Decision No.27/2018/QD-TTg has added many new industries in the system of economic sectors of Vietnam, specifically listed in the list of economic sectors of Vietnam including 5 […]

On July 13, 2018, the Prime Minister issued Directive No.20/CT-TTg on restructure inspection and examination activities for enterprises in order to improve the business environment, enhance national competitiveness. This Directive took effect from the date of its promulgation. Accordingly, the Prime Minister has issued a directive on the plan to reduce and simplify business conditions […]

On July 09, 2018 the State Bank of Vietnam released Decision No.417/QĐ-NHNN to approve the plan on simplification of business conditions under the management capacity of the State Bank of Vietnam. The Decision take effected from issuance date. Accordingly, Decision No.1417/QĐ-NHNN assigns specific tasks to units implementing the simplification of business conditions as follows: 1. […]