Decision 105/QD-UBCK of the State Securities Commission of Vietnam on promulgating the regulations on the establishment and operation of the risk management system for securities company From February 26th 2013, securities companies are required to establish and operate the risk management system in accordance with the business conditions of the company. To legalize the requirements for risk …
Official Letter 640/LDTBXH-TCCB of the Ministry of Labour – Invalids and Social Affairs (MOLISA) on the rate of wage increase before the deadline From April 10th 2013, the rate of officials and employees that are paid increasing ahead of time in a year will be raised to 10%, doubling the previous regulation. To directly implementing the …
Decree 15/2013/ND-CP on the management of construction quality The organization or individual doing construction activities will have to provide information about their capabilities to the State management agencies on construction and this information will be posted publicly on this agency’s website. This information will be used as a basis to select organizations and individuals involved …
Circular 46/2012/TT-BCT of the Ministry of Industry and Trade guiding the Decree 45/2012/ND-CP on industrial promotion Industrial businesses apply the clean production process which is not limited in terms of capital, labor or production areas will be subjected to enjoy support from the industrial promotion policy. According to Circular 46, the content of the industrial promotion activities …
Circular 05/2013/TT-BCT of the Ministry of Industry and Trade regulating the temporary import for re-export Recently, the Ministry of Industry and Trade issued Circular 05/2013/TT-BCT regulating the temporary import for re-export activities, which has a number of adjustments to the list of permitted goods to temporary import for re-export. For frozen food, it is allowed to temporary import …
Decision 16/2013/QD-TTg of the State Bank of Vietnam on the buying and selling of gold on the domestic market The State Bank of Vietnam (SBV) will buy and sell gold in one of two forms: direct buying/selling or bidding. The Governor will decide on the plan to buy or sell gold in each case in …
Circular 16/2013/TT-BTC of the Ministry of Finance on the conditions to enjoy tax preferential policies In 2013, other criteria for small and medium enterprises will be applied in order to enjoy tax preferential policies in accordance with Resolution 02/NQ-CP. Accordingly, small and medium enterprises have to meet two criteria on labor (less than 200 employees) and yearly …
Circular 227/2012/TT-BTC of the Ministry of Finance guiding the establishment, operation and management of the securities investment company The portfolio structure of the public securities investment companies must comply with the provisions of the charter of the securities investment company and is restricted by such conditions below: – Not to invest more than 15% of the …
Circular 05/2013/TT-BTC dated January 9th 2013 of the Ministry of Finance guiding the financial regime for credit institutions and foreign bank branches The Circular guiding some specific costs which are charged to expenses as business operation expenses, tax expenses, assets, expenses for staffs, expenses for management activities, public services, risk reserve fund and others. Accordingly, the …
To further add to our previous Vietnam legal update, the new Decree will take effect from February 25th 2013 which it regulates that business registration agency will consider granting business registration certificate for business lines that are not included in the economic system, and have not yet been regulated in the laws of Vietnam. …
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