On December 4, 2020, the State Bank of Vietnam issued Circular No. 16/2020/TT-NHNN amending and supplementing a number of articles of Circular No. 23/2014/TT-NHNN dated August 19, 2014 of The Governor of the State Bank of Vietnam guides the opening and use of a payment account at a payment service supplier. Accordingly, the State Bank … Read More
In the globalization and international integration in general as well as economic integration in particular, foreign investment including foreign direct investment (FDI) and indirect foreign investment in countries are increasing significant. This trend also comes along with the growth of international investment dispute between foreign investor and host state (or related state agencies). This dispute is often … Read More
Investors are always interested in areas which government incentivize for investment in Vietnam, to enjoy benefits i.e. tax reduction, tax exemption, land usage…which give them some help to grow the business in areas which are not economically potential without the help from the government when setting up company in Vietnam. According to the regulations on business … Read More
On December 16th, 2019, Danang City held a meeting with the new Korean Consul General Mr. Ahn Min Sik, the first Korean consul general in Central Region of Vietnam. Currently, Danang is a city that attracts a large number of Korean people to travel, live and invest to set up company. Therefore, the establishment of … Read More
Joint Circular 02/2016/TTLT BNG-BTP of the Ministry of Foreign Affairs and the Ministry of Justice regulates the registration and management of civil status at the diplomatic mission agency, consular representative offices of Vietnam in foreign country. The Joint Circular is issued on June 30th 2016. Under the provisions of this Circular, representative offices in the … Read More
Compared with Circular 17/2016, Circular 24/2016 amended some contents as follow: Amend the regulations on the practicing certificate that have been granted before the time the Circular 17 takes effect as follows: + With the certificate stating the validity period, it is entitled to continue to use until expiration. For one that does not state … Read More
On May 12th 2015, the Government issued Decree 46/2015/ND-CP on the quality management and maintenance of construction works, which entered into force on July 1st 2015. The Decree stipulates that construction contractors and equipment supply contractors must be responsible to investors on warranty for the part of jobs they have done. For construction items, new … Read More
Circular 23/2015/TT-BCT of the Ministry of Industry and Trade providing for the order and procedure for the investment of thermal power plant project in the form of build, operate and transfer. On July 13th 2015, the Ministry of Industry and Trade issued Circular 23/2015/TT-BCT providing for the order and procedure for the investment of thermal … Read More
According to the regulation of Civil Code 2015, some of the transactions which are required to implement the process of notarization and registration according to the regulation of the laws. As real estate transactions are normally at high value, the process of notarization and registration would help parties involved to be protected from falsified transactions. … Read More
THE NATIONAL ASSEMBLY Law No. 67-2014-QH13 SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness … Read More
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