Commentary

- 22 / 07 / 2019 -
Regulations on limits and safety ratios in the operation of Vietnam Development Bank
On July 3, 2019, the State Bank issued Circular No. 07/2019 / TT-NHNN regulating safety limits and ratios in the operation of Vietnam Development Bank effective on 01 January, 2020. Accordingly, Circular No. 07/2019 / TT-NHNN has the following outstanding contents: – The total credit balance of Vietnam Development Bank (including State investment credit) calculated […]
- 22 / 07 / 2019 -
A leniency policy for businesses violating competition laws
Competition Law No. 23/2018 / QH14 adopted by the XIV National Assembly of the Socialist Republic of Vietnam, the 5th session on June 12, 2018, takes effect from July 1, 2019. The Law consists of 10 chapters, 118 Articles. This Law provides for acts of restraint of competition, economic concentration affecting or potentially limiting competition […]
- 14 / 07 / 2019 -
Subjects allowed to import scraps from July 1, 2019
On May 24, 2019, the Government issued Decree No. 40/2019 / ND-CP amending and supplementing a number of articles of decrees detailing and guiding the implementation of environmental protection laws. The Circular takes effect from July 1, 2019. Accordingly, only organizations and individuals with production facilities using scrap are allowed to import scrap as raw […]
- 14 / 07 / 2019 -
Regulations on quality control of technical safety and environmental protection in automobile assembly and production
On July 5, 2019, the Ministry of Transport issued Circular 25/2019 / TT-BGTVT regulating the quality of technical safety and environmental protection in automobile assembly and production. The Circular takes effect from August 25, 2019. Some notable contents in the circular: – The Circular stipulating production and assembly cars must have a design dossier and […]
- 14 / 07 / 2019 -
How to calculate pensions and social insurance allowances from July 1, 2019
On June 28, 2019, the Minister of Labor, War Invalids and Social Affairs issued Circular No. 10/2019/TT-BLDTBXH guiding the adjustment of pensions, social insurance allowances and monthly allowances for Subjects specified in Clauses 1, 2, 3 and 8 of Article 1 of Decree No. 44/2019 / ND-CP of May 20, 2019 of this Government, this […]
- 14 / 07 / 2019 -
New points The revised intellectual property law of 2019
On June 14, 2019, at the 7th session, the XIV National Assembly passed Law No. 42/2019 / QH14 amending and supplementing a number of articles of the Law on Insurance Business and the Intellectual Property Law. This law takes effect from November 1, 2019, except the following cases take effect from January 14, 2019 (the […]
- 14 / 07 / 2019 -
Under 15 years of age, you can still deposit savings at the bank
On December 31, 2018, the State Bank of Vietnam issued Circular No. 48/2018/TT-NHNN stipulating savings deposits issued by the State Bank of Vietnam. This Circular takes effect from July 5, 2019. Accordingly, one of the highlights of this Circular has provisions relating to the objects of deposit in the bank, specifically in Article 3, Circular […]
- 14 / 07 / 2019 -
Guidance on converting cooperatives to enterprises.
On June 5, 2019, the Ministry of Planning and Investment issued Official Letter No. 3763/BKHDT-HTX guiding the conversion of cooperatives to enterprises. Accordingly, if the cooperative organizes and operates incompatible with legal regulations or wants to convert to another type of organization and does not fall into the state of “insolvency”, it shall perform as […]