Legal advice & case studies.

As of March 1st 2013, the fee for each ATM transferring transaction is from 0 to 15,000 VND / transaction. Besides, the card issuing fee is 0 – 100,000 VND / card, the annual fee is 0 – 60,000 VND / card / year. The account inquiry transaction fee, statement or records of account queries printing, … Read More

  Circular 41/2012/TT-BCT on mineral export restrictions Enterprises satisfying the conditions specified in Circular 41/2012/TT-BCT of the Ministry of Industry and Trade issued on December 24th 2012 will be allowed to export minerals. Accordingly, the first condition for enterprises to be able to export minerals is that, the minerals subject to export must be listed in in the … Read More

Circular 37/2012/TT-NHNN: More objects are allowed to borrow foreign currency Enterprises importing gasoline (assigned by the Ministry of Industry and Trade) that have need for loans in foreign currency to pay debts to foreign countries will be considered for short-term lending in foreign currency till December 31st, 2013. The above are specified in Circular 37/2012/TT-NHNN of the … Read More

Circular 223/2012/TT-BTC on the collection, remittance, management and use of fees and charges in using pesticides The highest charge is 300,000 VND / time to issue these types of licenses: licenses for import of pesticide and pesticide materials, certificate for officially registered pesticides, certificate for registration of additional pesticides. Pesticide testing fee for narrow area … Read More

Circular 32/2012/TT-NHNN on reducing interest rate on deposits From December 24th 2012, credit institutions and branches of foreign banks continue to reduce interest rates on deposits in Vietnam dong of organizations and individuals, in particular: Maximum interest rates applicable to deposits with term of 1 month to 12 months is reduced to 8% (formerly 9%). … Read More

Decision 56/2012/QD-TTg on regulation to handle public debt risk For the interest rate or exchange rate risks in public debt, the competent authority is allowed to set aside reserve to handle according to regulations. This has been regulated by the Prime Minister in Decision 56/2012/QD-TTg on the management regulations and handling risks of public debt portfolio. Regardless liquidity … Read More

Circular 33/2012/TT-NHNN on reducing short-term lending interest rates From December 24th 2012, the maximum short-term lending interest rates for credit institutions is at 12% / year, for the people’s credit fund and micro-finance institutions at 13%. The above rates will apply to loans to serve agriculture and rural development, service production of small and medium-sized … Read More

Dossiers of application for permission to build house in rural area must have drawings of foundations, the main stand and the project on a scale from 1/50 to 1/500. For private house in urban area, additional drawings of the floor, the facade and the main section of the house on a scale from 1/50 to … Read More