legal updated
06 CASES ALLOWED TO BE IMPORTED UNDER THE LIST OF IMPORT PROHIBITION
On May 06, 2016, the Prime Minister signed the Decision No. 18/2016/QD-TTg on circumstances that enable importation of used information technology products under import prohibition; takes effect on July 01, 2016.
01 MILLION ENTERPRISES SHALL BE BY VIETNAM BY 2020
At the Resolution No. 35/NQ-CP dated May 16, 2016 on business support and development to 2020, the Government has set a target for our country, in which by 2020, there will be at least 1 million enterprises including potential large-scale ones; the private sector is expected to contribute to approximately 48 - 49 % of GDP
06 FORMS OF SOCIAL ENTERPRISE REGISTRATION
On May 17, 2016, the Ministry of Planning and Investment issued the Circular No. 04/2016/TT-BKHDT on the forms for social enterprise registration under the Government’s Decree No. 96/2015/ND-CP detailing a number of articles of the Law on Enterprises.
Intellectual Property as a Business Asset
Corporate asset can be classified as either tangible – which consists of buildings, machinery, inventory, and infrastructure – or intangible – including workforce, patents, business methodologies, trademarks, designs, and other nonphysical creations and renovations.
PRINCIPLES IN WHICH A TREATY IS CONCLUDED
On April 09, 2016, the National Assembly passed the Law No. 108/2016/QH13 on treaties, emphasizes that conclusion and operation of treaties must compliance with the Constitution of Socialist Republic of Vietnam; respect for and observance of national independence, sovereignty, integrity, prohibition of the use or threat of force,
AGENT SHALL SELL LPG AT THE PRICE DECIDED BY THE PRINCIPAL
Every agent shall sell LPG at the prices decided by the principal, do not receive LPG or bottled LPG that fails to satisfy the quality, volume and requirements for being sold on the market are the important contents prescribed at the Circular No. 03/2016/TT-BCT dated May 10, 2016 of the Ministry of Industry and Trade detailing a
ALL CITIZENS ARE TREATED EQUAL IN EXERCISING THEIR RIGHTS OF ACCESS TO INFORMATION
Takes effect on July 01, 2018, the Law No. 104/2016/QH13 on information access passed on April 06, 2016 prescribes that all citizens are treated equal and not discriminated in exercising their right of access to information, the Government grants favorable opportunities for the disabled and those who reside in border regions,
THE FEE FOR INITIAL LIST OF STOCK IS 10 MILLION VND
In accordance with the Circular No. 65/2016/TT-BTC dated April 26, 2016 of the Ministry of Finance prescribing rates and the collection, remittance, management and use of charges for securities operations to be applied at the stock exchanges and the Vietnam securities depository center, in the case of changing on the next listing,
ADJUSTING THE FINANCIAL MANAGEMENT MECHANISM FOR VIETNAM DEVELOPMENT BANK
On April 29, 2016, the Ministry of Finance issued the Circular No. 67/2016/TT-BTC amending; supplementing some contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of financial management mechanism for Vietnam Development Bank.
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