Guidance to the implementation of the projects in the form of contracts of BOT, BTO, and BT 04/01/2012

Ministry of Finance issued Circular No.166/2011/TT-BTC dated November 17, 2011 defining on the management and use of project preparation costs and funding for operations of competent state agencies during the management of projects; some financial targets of project contracts; conditions and payment method for investor to implement project in the form of contract of build –transfer; settlement of project building value in the form of contracts of build-operation-transfer, build –transfer-operation, build-transfer.

Maximum copyright fine rises to 500 million dong 04/01/2012

The Government issued Decree No 109/2011/ND-CP dated December 02, 2011 amending, supplementing some articles of the Decree No. 47/2009/ND-CP dated May 13, 2009, of the Government on sanctioning administrative violations of copyright and related rights.

Regulations on civil servants of communes, wards and townships 23/12/2011

On December 5, the Government issued Decree No. 112/2011/ND-CP on regulations for civil servants of communes, wards and townships. Under this Decree, the recruitment of civil servants must be based on mission requirements, the standard title and number of civil servants in each title of the People's Committee of provinces and cities directly under the Central Government.

New Decree on conditions and procedures for licensing and management of operation of voluntary drug detoxification establishments 13/12/2011

On October 18, 2011, the Government issued Decree No. 94/ 2011/ ND-CP amending and supplementing a number of articles of the government’s decree No. 147/ 2003/ ND-CP of December 2, 2003, on conditions and procedures for licensing and management of operation of voluntary drug detoxification establishments.

Guidance to implement the resolution No. 08/ 2011/ QH 13 13/12/2011

To help enterprises, organisations and individual minimize difficulties, the Government issued Decree No.101/2011/ND-CP dated November 04, 2011 detailing the implementation of the resolution No.08/ 2011/ QH 13 dated August 06, 2011 of the National Assembly on additional issuance of some tax solutions to remove difficulties for enterprises and individuals. 

Decree regulating the establishment and operation of representative offices of trade promotion agencies 09/12/2011

The Government issued Decree No. 100/2011/ND-CP dated 28 October 2011 regarding the establishment and operation of representative offices by foreign trade promotion organisations in Vietnam.

Decree No. 103/2011/ND-CP 07/12/2011

The Government has just issued decree No. 103/2011/ND-CP  amending, supplementing some articles of the decree No. 133/ 2008/ ND-CP dated December 31, 2008 of the Government detailing and guiding the implementation of a number of articles of the law on technology transfer.

New circular guiding implementation of regulations on recruiting and managing foreign labor in Vietnam 07/12/2011

On November 1, 2011, the Ministry of Labor, Invalids and Social Affairs issued Circular No. 31/2011/TT-BLDTBXH guiding implementation of Decree 34/2008/ND-CP dated 25 March 2008 of the Government and Decree 46/2011/ND-CP dated 17 June 2011 of the Government amending and supplementing number of articles of Decree 34/2008/ND-CP of the Government regarding recruiting and managing foreign labor in Vietnam.

New Decree on liability insurance in medical examination and treatment 07/12/2011

On November 14, 2011 the Government promulgated Decree No. 102/2011/ND-CP on liability insurance in medical examination and treatment.

Penalties for administrative offences in currency and bank activities 08/11/2011

The Government on October 20, 2011 issued Decree No. 95/2011/ND-CP amending, supplementing a number of articles of Decree No.202/ 2004/ ND-CP dated December 10, 2004 of the Government on administrative sanction in the monetary area and banking activity.

New stipulation on the required reserve ratio applicable to credit institutions with regard to foreign currency deposits of overseas credit institutions 13/09/2011

On August 31, 2011, State Bank of Vietnam issued Decision  No. 1972/QD-NHNN on the required reserve ratio applicable to credit institutions with regard to foreign currency deposits of overseas credit institutions.

Equitization of 100% state-owned enterprises 13/09/2011

On 18 July 2011, the Government issued Decree No. 59/2011/ND-CP on the transformation of 100% state-owned enterprises into joint stock companies .The purpose of transformation of state-owned enterprise into joint-stock company is to improve efficiency and competitiveness of the economy.

Increase the minimum wage for businesses 08/09/2011

The Government issued Decree No. 70/2011/ND-CP dated August 22, 2011 stimulating region-based minimum wage levels for laborers working for companies, enterprises, cooperatives, cooperative groups, farms, households, individuals and agencies, organizations employing laborers.

New stipulation on the carrying of cash in foreign currency, Vietnamese dong by individuals upon entry into and exit from the country 06/09/2011

The State Bank of Vietnam has just issued the Circular No: 15/2011/TT-NHNN dated August 12, 2011 providing for the carrying of cash in foreign currency, Vietnamese dong by individuals upon entry into and exit from the country.

Guidance for implementation of a number of articles of law on environmental protection tax 24/08/2011

On August 08, 2011, Government issued decree No. 67/2011/ND-CP  detailing and guiding the implementation of a number of articles of law on environmental protection tax. The Decree provides for taxable subject, bases for tax calculation, tax declaration, tax calculation, tax payment and environmental protection tax refund.

Solutions of tax in order to unite difficulties for enterprises and individuals 23/08/2011

The National Assembly has just issued Resolution No. 08/ 2011/ QH13 dated August 06, 2011 on issuing supplementing some of solutions of tax in order to unite difficulties for enterprises and individuals.

Guidance for the financial management mechanism applicable to ODA programs and projects 08/08/2011

On July 20, 2011, the Ministry of Finance issued Circular No. 107/2011/TT-BTC amending sub-clause (c), clause 2, article 1 of the Circular No.40/ 2011/ TT-BTC dated March 22, 2011 of the Ministry of Finance amending and supplementing a number of articles of the Ministry of Finance’s Circular No.108/ 2007/ TT-BTC of September 7, 2007, guiding the financial management mechanism applicable to official development assistance (ODA) programs and projects.

Circular No. 74/2011/TT-BTC 27/06/2011

On 1 June 2011, the Ministry of Finance issued Circular No. 74/2011/TT-BTC on securities trading guidelines permitting investors to open multiple accounts, do margin trading, buy and sell the same stock in a trading session.

The Draft Law on Handling of Administrative violations 13/06/2011

To conform with the guidelines of the Party on judicial and state apparatus reform in the process of building the socialist rule- of- law State, the Draft Law on Handling of Administrative Violations needed to judicialize the application of other administrative handling measures. This is also the common opinion of evaluation council on the Draft Law on Handling of Administrative Violations in their meeting held on June 8 under the chairman of the President of the Council - Deputy Minister of Justice Dinh Trung Tung.

The new legal documents come into effect in May and June 2011 02/06/2011

The Government
1.Decree No. 29/ 2011/ND-CP dated 18 April 2011 providing on strategic environment assessment, environment impact assessment, environment protection commitment. The Decree shall come into effect from 05 June 2011.