Commentary

- 15 / 12 / 2019 -
Procedure for licensing representative offices of foreign credit institutions
On December 2, 2019, the State Bank of Vietnam (SBV) issued Circular No.25/2019/TT-NHNN, amending and supplementing a number of articles of the Governor’s Circular No. 40/2011 / TT-NHNN. The State Bank of Vietnam provides for the licensing and organization and operation of commercial banks, foreign bank branches, representative offices of foreign credit institutions and other […]
- 15 / 12 / 2019 -
Conditions for licensing the establishment of social funds and charity funds
On November 25, 2019, the Government issued Decree 93/2019 / ND-CP on the organization and operation of social funds and charity funds. This Decree takes effect from January 15, 2020. Fund means a non-governmental organization that voluntarily contributes a portion of assets to an individual or organization for establishment or establishment through a will, donation […]
- 15 / 12 / 2019 -
New guidelines on mortgage registration when there is a change in information of mortgagors and mortgaged assets
On November 25, 2019, the Ministry of Justice issued Circular No. 07/2019 / TT-BTP guiding a number of contents on mortgage registration of land use rights and assets attached to land. The Circular has some new highlights compared to Joint Circular No. 09/2016 / TTLT-BTP-BTNMT. As follows: Firstly, compared to the current regulations, Circular No. […]
- 15 / 12 / 2019 -
Violations in the field of competition
On September 26, 2019, the Government recently issued Decree 75/2019 / ND-CP stipulating the sanctions against administrative violations in the field of competition. Decree 75/2019 / ND-CP takes effect on December 1, 2019. This Decree specifies acts considered to be violations in competition, specifically including the following acts: 1. Acts of restricting competition from enterprises […]
- 15 / 12 / 2019 -
New regulations on decentralization of construction works and instructions for application in management of construction investment activities
On November 7, 2019, the Minister of Construction issued Circular No. 07/2019 / TT-BXD to amend, supplement and replace some of the provisions of Circular No. 03/2016 / TT-BXD dated March 10, 2016 regulates the classification of construction works and guidelines for application in management of construction investment activities (hereinafter referred to as “Circular 07”). […]
- 08 / 12 / 2019 -
Provisions on loan dossier from the National Fund for employment
On September 23, 2019, the Government issued Decree No. 74/2019 / ND-CP amending Decree 61/2015 / ND-CP providing policies on job creation assistance and the National Fund for employment. This Decree takes effect from November 8, 2019. Accordingly, Decree No. 74/2019 / ND-CP specifies the loan profile from the National Fund for employment, specifically: For […]
- 08 / 12 / 2019 -
New regulations on sanctioning of administrative violations regarding violations of regulations on foreign exchange activities
On November 14, 2019, the Government issued Decree No. 88/2019 / ND-CP stipulating penalties for administrative violations in the field of currency and banking. This Decree takes effect from December 31, 2019 and replaces the Government’s Decree No. 96/2014 / ND-CP of October 17, 2014, on sanctions against administrative violations in the field of currency […]
- 08 / 12 / 2019 -
Conditions on capital for air transport business enterprises
On November 15, 2019, the Government issued Decree No. 89/2019 / ND-CP amending Decree 92/2016 / ND-CP providing for conditional business lines and trades in the field of civil aviation. and Decree 30/2013 / ND-CP on air transport business and general aviation activities. This Decree takes effect from January 1, 2019. Accordingly, Decree No. 89/2019 […]