Traffic police have no authority to stop vehicles to sanction for not transferring the ownership of vehicle On March 1st 2013, the Ministry of Public Security issued Circular 11/2013/TT-BCA guiding the detailed provisions for the implementation of a number of Articles in Decree 34/2010/ND-CP dated October 2nd 2010 and Decree 71/2012/ND-CP dated September 9th 2012, … Read More
Circular 01/2013/TT-BNNPTNT dated January 4th 2013 of the Ministry of Agriculture and Rural Development on the food safety certificate of new agricultural products From February 17th, the businesses producing agricultural materials and agricultural, forestry and fishery products that are classified as A or B will be granted certification of qualified food safety if required. Accordingly, the application … Read More
Circular 06/2013/TT-BTC of the Ministry of Finance guiding the financial regimes for the microfinance institutions All damages, losses of property or capital of microfinance institutions must be clarified in terms of responsibilities and sanctions. For real estate temporary holding for sale or transfer to return on capital debt settlement, microfinance institutions will not accounting to increase … Read More
Resolution 02/NQ-CP on the solution to solve difficulties for business In order to achieve the objectives and tasks to develop socio-economic in 2013 as well as to overcome difficulties, create favorable conditions for business to develop, on January 7th 2013, the Government issued Resolution 02/NQ-CP on the solution to solve difficulties for business. Accordingly: … Read More
ANT Lawyers commercial practice counseling service advise clients on the corporate matters in Vietnam. Our corporate lawyers in Vietnam follow with the changes of Vietnam corporate laws to give clients the best service. The Vietnam laws on enterprises have some developments with article 170 of Law on enterprises adjusted. National Assembly session 13 has formally … Read More
ANT Lawyers – the laws promulgating imported scrap in Vietnam has been clarified with the newly issuance regulations. Circular 01/2013/TT-BTNMT of the Ministry of Natural Resource and Environment clarifies the list of imported scrap, which is effective from April 1st 2013 replacing the list issued with Decision 12/2006/QD-BTNMT. Accordingly, the list of imported scrap will be added … Read More
ANT Lawyers – To support foreign resources in the process of restructuring the system of credit institutions in Vietnam, the Government has encouraged foreign organizations and individuals to cooperate with the bank of Vietnam to accumulate capital by buying shares or by merging with the weak bank in Vietnam in accordance with the law. Decree … Read More
The new law of Vietnam has been promulgated that restrict the investment of state-owned enterprise in its non-core business areas. According to Decree 71/2013/ND-CP dated July 11th, 2013, state-owned enterprises are not allowed to make capital contribution or investment in real estate sector (excluding the business with business line in the real estate sector), in … Read More
A foreign individual is determined to have the tax resident in Vietnam if it meets one of the following conditions: Have been in Vietnam for 183 days or more in one calendar year or within 12 consecutive months, counted from the first day in Vietnam. The number of days stayed in Vietnam is based on the … Read More
ANT Lawyers – A new law provides guidance on Vietnam corporate laws for consolidated or merged companies listed on Vietnam Stock exchange has been issued by Vietnam Ministry of Finance. The recently issued Circular 73/2013/TT-BTC specifically provides guidance on the conditions and procedures for listing shares of a company after consolidation or merger. The circular references a … Read More
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