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TOTAL OF EXTRA WORKING HOURS OF SEASONAL LABORER SHALL NOT EXCEED 300 HOURS

Total of extra working hours in a year of each laborer shall not exceed 300 hours is the important content prescribed at the Circular No. 54/2015/TT-BLDTBXH dated December 16, 2015 of the Ministry of Labor, War Invalids and Social Affairs guiding the working hours, rest hours applicable to employees on seasonal production work

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SMALL- AND MEDIUM-SIZED ENTERPRISES MAY BORROW UP TO 70 % OF INVESTMENT CAPITAL

Many new policies are prescribed at the Decree No. 111/2015/ND-CP dated November 03, 2015 of the Government on development of supporting industries - means industries that manufacture materials, details, components and spare parts for manufacturing finished products.

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ENTERPRISES ARE ALLOWED TO MANUFACTURE AND/OR TRADE GOODS EXPORTED THROUGH VIETNAM’S BORDER CHECKPOINTS

This is the important content prescribed at the Circular No. 24/2015/TT-NHNN dated December 18, 2015 of the State Bank of Vietnam on foreign currency loans granted to residents by credit institutions and branches of foreign banks, taking effect on January 01, 2016.

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MAXIMUM LEVEL FOR LEASING AND PURCHASING SOCIAL HOUSES SHALL BE 80% OF THE CONTRACT

Maximum level of purchase, lease or lease purchase of social houses shall be 80% of the contract for purchase, lease, and lease purchase of houses and for borrowers applying for loans to construct social houses for lease purchase, loan term shall be at least 10 years and not exceed 15 years since disbursement of the first loan are the

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THE MAXIMUM LOAN LEVEL FOR A PROJECT TO BUILD SOCIAL HOUSES MUST EQUAL UP TO 80%

This is the important content prescribed at the Decree No. 100/2015/ND-CP issued by the Government dated October 20, 2015 on social housing development and management.

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RENOVATION OR RECONSTRUCTION OF CONDOMINIUMS HALL BE CONDUCTED UNDER PROJECTS

The renovation or reconstruction of condominiums shall be conducted under projects; reconstruction of individual condominiums (except independent ones) is prohibited to meet the requirements is the important contents prescribed at the Decree No. 101/2015/ND-CP dated October 20, 2015 of the Government on

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FINE FROM VND 3,000,000 – 5,000,000 FOR DEPOSIT FOR THE RIGHT TO PARTICIPATE IN THE MULTI-LEVEL MARKETING NETWORK

A fine from VND 3,000,000 – 5,000,000 to persons involved in multi-level marketing who require others to pay a certain amount of money, a deposit or buy a certain quantity of goods in any form for the right to participate in the multi-level marketing network is the important content prescribed at the Decree No. 124/2015/ND-CP

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THE OWNERS OF HOUSES OR HAVING LESS THAN 3 FLOORS MAY CREATE THE DESIGN HIMSELF/HERSELF

Takes effect on January 01, 2016, the Circular No. 05/2015/TT-BXD dated October 30, 2015 of the Ministry of Construction providing for the management of construction quality and maintenance of detached houses. Regarding houses with total construction floor area smaller than 250 m2 or having less than 3 floors or having

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DIGITAL CERTIFICATES SHOULD NOT BE OVER 05 YEARS

This is the important content prescribed at the Circular No. 28/2015/TT-NHNN dated December 18, 2015 of the State Bank of Vietnam stimulating on the management, use of digital signature, digital certificates and digital signature certification service of the State Bank.

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