Commentary

- 09 / 06 / 2018 -
New regulations on training program on legal knowledge on multi-level mode
On May 24, 2018, the Ministry of Industry and Trade issued Circular No.10/2018/TT-BCT detailing some articles of the Government’s Decree No.40/2018/ND-CP dated March 12,2018 on management of business activities by multi-level mode. This Circular took effect since July 15, 2018. Accordingly, the Circular No.10/2018/TT-BCT regulates the framework for the training program on legal knowledge on […]
- 09 / 06 / 2018 -
Regulations on inventory and classification of assets before equitization state-owned enterprises
On May 04, 2018, the Ministry of Finance issued Circular No.41/2018/TT-BTC guiding some contents on financial handling and valuation of enterprises when transferring state-owned enterprises and single-member limited liability company whose 100% charter capital is invested by a State into a joint stock company. This Circular took effect since June 18, 2018. Accordingly, Circular No.41/2018/TT-BTC […]
- 09 / 06 / 2018 -
Mandatory reserve ratio applicable to credit institutions and branches of foreign banks
On May 29, 2018, the State Bank of Vietnam issued Decision No.1158/QD-NHNN on mandatory reserve ratio applicable to credit institutions and branches of foreign banks. This Decision took effect since the maintenance period for the mandatory reserves in June 2018. Accordingly, Decision No.1158/QD-NHNN regulates on mandatory reserve ratio applicable to credit institutions and branches of […]
- 09 / 06 / 2018 -
Measures to support credit institutions to provide loans for agricultural and rural development
On May 29, 2018, the State Bank issued Circular No.14/2018/TT-NHNN guiding the implementation of several measures of the monetary policy management in order to support the credit institutions, the foreign bank branches to provide loans for agricultural and rural development. This Circular took effect since July 13, 2018. Accordingly, Circular No.14/2018/TT-NHNN stipulates measures to support […]
- 09 / 06 / 2018 -
Standards of internal auditors working at the bank
On May 18, 2018, the State Bank of Vietnam issued Circular No.13/2018/TT-NHNN regulating on the internal control system of commercial banks and branches of foreign banks. This Circular took effect since January 1, 2019. Accordingly, Circular No.13/2018/TT-NHNN regulates the standards for internal auditors working at the bank as follows: Standards of internal auditors working at […]
- 09 / 06 / 2018 -
Measures to support for small and medium-sized enterprises in the transport sector
On May 28, 2018, the Ministry of Transport issued Official Dispatch No.5559/BGTVT-QLDN reporting on the status of disclosure information to support small and medium-sized enterprises under the Law on support for small and medium-sized enterprises. This Official Letter takes effect from the date of its promulgation. Accordingly, Official Dispatch No.5559/BGTVT-QLDN provides measures to support for […]
- 28 / 05 / 2018 -
Regulations on implementation of tax policy at the Customs Department
On May 16, 2018, the General Customs Department issued Official Dispatch No.2687/TCHQ-TXNK regulating on implementation of tax policy at the Customs Department. The Official Dispatch took effect from the date of its promulgation. Accordingly, Official Dispatch No.2687/TCHQ-TXNK stipulates some main contents as follows: Regarding the tax exemption for import and export goods: To inspect and […]
- 28 / 05 / 2018 -
Regulations on the management of petroleum business issued by the Ministry of Industry and Trade
On May 23, 2018, the Ministry of Industry and Trade issued Official Dispatch No.4057/BCT-TTTN regulating the petroleum business management. The Official Dispatch took effect from the date of its promulgation. Accordingly, Dispatch No.4057/BCT-TTTN stipulates: Announcement of basic price of common petrol products to be sold on the market: – E5 RON 92 petrol: 21,365 VND/liter; […]