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PUBLIC COMPANIES MUST SHOW THE SALARY OF THE DIRECTORS

The Decree No. 71/2017/ND-CP guiding the corporate governance of public companies issued by the Government on June 06, 2017, takes effect on August 01, 2017.

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TO AMEND THE REGULATIONS ON PURCHASE, SALE AND SETTLEMENT OF BAD DEBTS BY VAMC

On August 14, 2017, the State Bank of Vietnam issued the Circular No. 09/2017/TT-NHNN on amending the Circular No. 19/2013/TT-NHNN dated September 06, 2013 on purchase, sale and settlement of bad debts by Vietnam Asset Management Company.

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TO ISSUE THE WORK PERMIT TO FOREIGN WORKERS IN VIETNAM

On July 03, 2017, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. From October 02, 2017, the online issuance of work permit to foreign workers in Vietnam shall follow the regulations of the Circular No. 23/2017/TT-BLDTBXH issued by the Ministry of Labor, War Invalids and Social Affairs on August 15,

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TO ALLOCATE WORKING AREA OF THE CUSTOMS AT A WAREHOUSE

In accordance with Circular No. 84/2017/TT-BTC guiding the Articles of the Decree No. 68/2016/ND-CP dated July 01, 2016 of the Government prescribing conditions on trading of duty-free goods, operation of warehouses, storing yards, and places for customs clearance, goods gathering and customs inspection and supervision.

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CONDITIONS FOR ANTI-DUMPING MEASURES

This is one of the important contents prescribed at the Law on Foreign Trade Management No. 05/2017/QH14 passed by the National Assembly on June 12, 2017.

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RAILWAY TRANSPORT BUSINESS IS THE BUSINESS ENTITLED TO INVESTMENT INCENTIVES

The Railway Law No. 06/2017/QH14 of the National Assembly on June 16, 2017 prescribes that railway infrastructure business, railway transport business, urban railway business and railway industry are business lines entitled to investment incentives.

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REGULATIONS ON TEMPORARY IMPORT, RE-EXPORT

Circular No. 11/2017/TT-BCT on temporary import, reexport, temporary export, re-import and merchant trade of goods issued by the Ministry of Industry and Trade on July 28, 2017.

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INTEREST RATES ON LOAN CAPITAL FOR PPP

On July 21, 2017, the Ministry of Finance issued the Circular No. 75/2017/TT-BTC on amending the 55/2016/TTBTC providing contents of financial management of investment projects in the form of public-private partnership and costs of investor selection.

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STANDARDS FOR OCCUPATIONAL SAFETY AND HYGIENE TRAINERS

On July 03, 2017, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 19/2017/TTBLĐTBXH providing guidelines for training in occupational safety and hygiene. This Circular prescribes that a trainer must meet the standards as prescribed in Article 22 of Decree No. 44/2016/ND-CP; having at least 10 years of

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