Category Archives: News

Circular 04/2022/TT-NHNN providing for the application of interest rates upon premature withdrawal of deposits from credit institutions, foreign bank branches

On June 16, 2022, the State Bank issued Circular 04/2022/TT-NHNN providing for the application of interest rates upon premature withdrawal of deposits from credit institutions, foreign bank branches.  Accordingly, the interest rates for premature withdrawal of deposits at credit institutions, foreign bank branches  is regulated as follows: – In case of entire withdrawal of the […]

Land price and the two-price mechanism in state management of land – some issues and limitations

Types of land prices and mechanisms for applying land prices in specific cases The current land law stipulates three types of land prices: land price bracket, land price table and specific land price. Land price bracket The land price bracket is the land price set by the State from the minimum to the maximum for […]

WORK PERMIT FOR FOREIGN EMPLOYEES AND SOME NOTABLE REGULATIONS

Conditions for being granted Work Permit According to some current regulations, in order to apply for a Work Permit, a foreign worker must fully meet the following conditions: – Foreign workers must have full civil capacity; – Foreign workers must have health status suitable for the job requirements. – The foreign worker must not be […]

New regulations on goods inspection policy on e-commerce websites

From January 1, 2022, the goods inspection policy will be considered as one of the compulsory general trading conditions that traders, organizations and individuals must publish on e-commerce websites, specifically clause 1 Article 13 Decree 85/2021/ND-CP supplementing point b, clause 1 Article 32 of Decree 52/2013/ND-CP on information on general trading conditions: “Policies on inspection […]

The supervision of the State Securities Commission for activities in the securities sector of the Vietnam Exchange and its subsidiaries, Vietnam Securities Depository and Clearing Corporation

On February 8, 2022, the Ministry of Finance issued Circular 06/2022/TT-BTC guiding the compliance supervision of the State Securities Commission for activities in the securities sector of the Vietnam Exchange and its subsidiaries, Vietnam Securities Depository and Clearing Corporation. According to Circular 06/2022/TT-BTC, the State Securities Commission shall supervise the Vietnam Exchange on the following […]

New regulations on Registration fee

On January 15, 2022, the Government issued Decree 10/2022/ND-CP regulating registration fees. This Decree takes effect from March 1, 2022, abolishing the  Decree 140/2016/ND-CP on registration fees and Decree 20/2019/ND-CP amending and supplementing a number of article of Decree No. 140/2016/ND-CP. Compared with Decree No. 140/2016/ND-CP dated October 10, 2016 of the Government on registration […]

Vaccine passport – The policy is still under controversy

Currently, vaccine passports are being considered as one of the solutions to help resume international flights, open up tourism and trade, and revive economies around the world in general and Vietnam in particular so that countries can can quickly and safely open the border, gradually restore the tourism, aviation, trade and investment industries. In Vietnam, […]