Commentary

On September 28, 1818, the State Treasury issued Announcement No. 4752/TB-KBNN announcing exchange rates for foreign currency transactions in 10/2018. This notice is effective from the date of its issuance. Accordingly, Notice No. 4752/TB-KBNN states that the exchange rate between VND and foreign currencies is as follows: 1 USD = 22,697 VND; 1 EURO (European […]

On 01/10/2018, the Government issued Decree No. 132/2018/ND-CP amending and supplementing a number of articles of Decree No. 16/2016 / ND-CP on management and use of development assistance Official (ODA) loans, preferential loans of foreign donors. This Decree takes effect from the date of its promulgation. Accordingly, as from 01/10/2018, the expenditure control and payment […]

On September 27, 1818, the Ministry of Industry and Trade issued Circular 28/2018/TT-BCT regulating the operation of the competitive electricity generation market. This Circular takes effect on November 15, Accordingly, the Circular No. 28/2018/TT-BCT contains new noteworthy, details as follows: 1. Regarding types of power plants participating in the electricity market: – A power plant […]

On 1st, October 2018, Ministry of Industry and Trade issued Circular No.30/2018/TT-BCT detailing some articles of Decree No.107/2018/NĐ-CP on 15/08/2018 regulation on rice export business. This Circular will come into force on 15th, November 2018. Accordingly, the Circular No.30/2018/TT-BCT regulation on type of reports related to the enterprises is in rice export business. That reports […]

On 27th, September 2018, Government issued Decree No. 130/2018/NĐ-CP detailing the implementation of E-Transactions Law on digital signature and digital signature certification services. This Decree will comes into force on 15th, November 2018. The Decree No. 130/2018/NĐ – CP regulation on conditions for licensing digital signature certification services: 1. Conditions on the subject: Business applying […]

On 29th, September 2018, the Government issued Decree No.131/2018/NĐ-CP regulation on functions, objects, authorities and organizational structure of the Commission for the Management of State Capital at enterprises. This Decree comes into force from the issued date. The Decree No. 131/2018/NĐ-CP contains the following new important contents: Firstly, The Commission for the Management of State […]

On 24 September 2018, The Prime Minister issued Decision No. 1227/QĐ-TTg on the plan of implementing the Law on Competition. This Decision took effect from the issuance date. Accordingly, Decision No. 1227/QĐ-TTg regulates on implementation plan for the Law on Competition: – Thoroughly organize, train, propagate and popularize the contents of the Law and documents […]

On 19 September 2018, the government promulgated Decree No. 124/2018/NĐ-CP amendment and supplement some of articles of Decree No. 63/2011/NĐ-CP on 28 July 2011 Detailing and guiding the implementation of some of articles of the Law on Commercial Arbitration. The Decree took effect from issued date. Accordingly, Decree No. 124/2018/NĐ-CP has important changes and additions, […]