Commentary

- 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 […]
- 08 / 12 / 2019 -
Guiding a number of articles of Law on animal husbandry
On 30 November 2019, Ministry of Agriculture and Rural Development issued Circular No. 23/2019/TT-BNNPTNT guiding a number of articles of Law on animal husbandry. This Circular comes into effect from 15 January 2019. Accordingly, the Circular reflects many notable regulations as follows: 1. Decleration of animal husbandry activities – Organisations, individuals must declare the number […]
- 08 / 12 / 2019 -
Guidance of digital signature and electronic signing on electronic invoice
On September 30, 2019, the Ministry of Finance issued Circular 68/2019 / TT-BTC guiding the implementation of Decree 119/2018 / ND-CP providing for electronic invoices when selling goods and providing services. Accordingly, at Point dd, Clause 1, Article 3, digital signature, electronic signatures of sellers and buyers on e-invoices are prescribed as follows: – In […]
- 08 / 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 […]
- 01 / 12 / 2019 -
Amending and supplementing a number of contents to guide the implementation of the Law on Insurance Business
On November 1, 2019, the Government issued Decree No. 80/2019 / ND-CP with the content of amending and supplementing a number of regulations guiding the implementation of the Law on Insurance Business. Accordingly, an additional important content is the regulations on Insurance ancillary services, according to which, from November 1, 2019, individuals and organizations participating […]
- 01 / 12 / 2019 -
The order of issuing decision on revocation of electricity activity license
On August 26, 2019, the Ministry of Industry and Trade issued Circular No. 15/2019 / TT-BCT amending Clause 1 and Clause 4 Article 12 of Circular No. 36/2018 / TT-BCT dated October 16, 2018. order and procedures for granting and withdrawing electricity activity licenses. This Circular takes effect from October 15, 2019. Accordingly, Clause 2 […]
- 01 / 12 / 2019 -
New regulations on penalties for land encroachment
On November 19, 2019, the Government issued Decree 91/2019 / ND-CP on sanctioning administrative violations in the field of land, replacing Decree 102/2014 / ND-CP. The Decree has some new points on administrative sanctions in the field of land. In particular, the Decree specifies the cases and corresponding fines for acts of encroaching on and […]