SOME NEW REGULATIONS COME INTO FORCE IN JANUARY 2019

A new start to the year 2019, brings new regulations which have taken effect in January, 2019

I. Main points of the new Decree 149/2018/ND-CP on the application of workplace democracy

This new Decree on the elaboration of Article 63, Clause 3 of the Labour Code regarding the application of workplace democracy has been in effect […]

MOIT ISSUES 4 OPTIONS FOR ELECTRICITY PRICE IN 2019

Electricity Vietnam (EVN) has said that their electricity business in 2017 suffered VND 2,219 billion in losses.

In response to this statement, the Ministry of Industry and Trade (MOIT) has issued 4 options to consider the electricity price in 2019.

Specifically, according to Mr. Do Thang Hai, the Deputy Minister of Industry and Trade, the MOIT issued […]

By |December 26th, 2018|Mining & Energy, Miscellaneous|0 Comments

TO SECURE CUSTOMER INFORMATION OF FOREIGN CREDIT INSTITUTIONS

On 11th September 2018, Decree No. 117/2018/ND-CP on the protection of confidentiality and provision of customer information of credit institutions and foreign banks’ branches (“CIs”) (“Decree 117”) was issued. Decree 117 has replaced Decree No. 70/2000/ND-CP (“Decree 70”).

Effective from 01st November 2018, Decree 117 aims to update regulations on the protection of customer information at […]

CANADA IMPOSING SAFEGUARDS ON STEEL IMPORT

Trade protection alert: Canada imposing safeguards on steel import, including concrete reinforcing bar originating in and imported from Vietnam

On 11 October 2018, Canada announced provisional safeguard measures of 25% on seven steel products: heavy plate, concrete reinforcing bar, energy tubular products, hot-rolled sheet, pre-painted steel, stainless steel wire, and wire rod commencing on 25 October 2018.  These […]

OVERVIEW OF THE LAW ON ACCESS TO INFORMATION

Vietnam’s lawmakers approved legislation on The Law on Access to Information No 104/2016/QH13 (“AIL”) on April 6, 2017.  The Law on Access to Information came into effect on July 1, 2018.

AIL contains 5 chapters and 37 articles. Accordingly, all citizens are equal and there will be no discrimination in the right to access information. The […]

ABOLITION OF HOUSEHOLD REGISTRATION BOOK BY 2020

On 30/10/2017, the Prime Minister Nguyen Xuan Phuc signed to enact the resolution no. 122/NQ-CP (“the resolution”) on streamlining administrative procedures and reducing civil papers related to population management within the scope of the Ministry of Public Security (“MPS”)’s State management functions. The resolution provides provisions on scrapping the use of household registration book (“HRB”) […]

NEW DECREE REGULATING REPRESENTATIVE OFFICES AND BRANCHES OF FOREIGN TRADERS

On January 25, 2016, the Government issued Decree No. 07/2016/ND-CP (“Decree 07”) providing regulations on representative offices (“ROs”) and branches of foreign traders (“FTs”) in Vietnam. Decree 07 took effect on March 10, 2016.

Notable regulations under Decree 07 are as follows:

Each FT shall not establish more than one RO/branch with the same name within […]

By |December 17th, 2016|Miscellaneous, The Legal Breaking News|0 Comments

New Decree providing conditions on security and order for some business lines

On July 1st, 2016, the Government promulgated Decree No. 96/2016/ND-CP providing conditions on security and order for some business lines (“Decree 96”).

Some notable provisions of Decree 96 are as follows:

Expanding the list of business lines which must meet conditions on security and order (from 18 to 23), whereon:

New business lines: trading in […]

By |September 10th, 2016|Miscellaneous, The Legal Breaking News|0 Comments