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.

List of newly promulgated legal documents 21/04/2011

I. The Government
+ On 16th February 2011, the Government issued the Decree No. 14/2011/ND-CP prescribing the conditions for registration and operation of customs clearance agents. This Decree takes effect from 01st April 2011 and replaces Decree No. 79/2005/ND-CP issued by the Government on 16th June 2005 prescribing the conditions for registration and operation of customs clearance agents.

Common minimum salary to increase from 1 May 2011 07/04/2011

On 4 April 2011 the Government issued Decree No 22/2011/ND-CP increasing the minimum monthly salary from VND 730,000 (US$4.60) to VND 830,000 ($39.50). The Decree will come into effect from 19 May 2011. However, the new common minimum salary will apply from 1 May 2011.

Decision prescribing the functions, duties, powers and organizational structure of the Department of judicial administration 25/03/2011

Justice Minister issued Decision No 97/ QD-BTP dated 26/ 01/ 2011 prescribing the functions, duties, powers and organizational structure of the National Center for judicial records. Persuant to this Decision, the judicial administration Department’s functions and duties assisting the Minister of Justice in undertaking the State management over the field of judicial records ( stipulated in the Decision 305/QD-BTP dated 05/02/2009) were handed over to the National Center for judicial records from 26/01/ 2011.

Decision No. 299/QD-TTg 18/03/2011

On 25th February 2011, the Prime Minister issued Decision No. 299/QD-TTg promulgating the list of legal documents detailing the implementation of the Laws passed by the Legislature XII of the National Assembly at the 8th Session and assigned the presiding bodies to draft and submit them to the Government and the Prime Minister for issuance.

Circular guiding the work of emulation and commendation in the Justice Sector 11/03/2011

On 7 March 2011, Ministry of Justice issued the Circular No 06/ 2011/ TT-BTP guiding the work of emulation and commendation in the Justice Sector. The Circular guided the subjects, scope, principles, forms, criteria, competence, order and procedures for emulation and commendation; the Emulation and Commendation Council; units and regions of emulation and the emulation and commendation Fund in the Justice sector.

Conditions for registration and operation of customs clearance agents 10/03/2011

On 16th February 2011, the Government issued the Decree No. 14/2011/ND-CP prescribing the conditions for registration and operation of customs clearance agents. This Decree takes effect from 01st April 2011 and replaces Decree No. 79/2005/ND-CP issued by the Government on 16th June 2005 prescribing the conditions for registration and operation of customs clearance agents.

The specific guidance on selection of Investors on BOT, BTO or BT Contract 28/02/2011

The Ministry of Planning and Investment issued the Circular No. 03/2011/TT-BKHDT guiding the implementation of a number of provisions of Decree No. 108/2009/ND-CP issued by the Government on 27th November 2009 on investment in the form of BOT, BTO or BT Contract.

Guidance for 2010 corporate income tax (CIT) finalization 28/02/2011

On 14 February 2011, the MOF issued official letter No. 1933/ BTC-TCT confirming the guidance regarding finalization of 2009 CIT in Official Letter 7250/ BTC-TCT  dated 7 June 2010, which will also apply for 2010 CIT finalization.

Legal documents come into effect from early March 2011 28/02/2011

1.Government
- Decree No. 120/2010/NĐ-CP dated 30 December 2010 amending and supplementing some articles of the Decree No. 198/2004/NĐ-CP dated 03 December 2004 of the Government on collection of land using fee. This Decree stipulates the amendment and supplements of some articles of the Decree No.198/2004/NĐ-CP dated 03 December 2004 of the Government on collection of land using fee. This Decree will come into effect from 01 March 2011.This Decree will cancel the regulations of item 2, Article 8 of the Decree No. 198/2004/NĐ-CP dated 03 December 2004 of the Government and Article 5 of the Decree No. 84/2007/NĐ-CP dated 25 May 2007 of the Government

Legal documents come into effect from late February 2011 28/02/2011

On 31 December 2010, the Government promulgated Decree No. 122/ 2010/ ND-CP on amending, supplementing a number of articles of Decree No. 103/ 206/ND-CP dated 22 September 2006 of the Government making detailed provisions and guiding the implementation of a number of articles of the Law on Intellectual Property with respect to industrial property. This Decree shall take effect from 20 February 2011.

Rules aim to promote infrastructure investment 23/02/2011

The Ministry of Planning and Investment estimates that between now and 2020, Viet Nam will need some US$150-160 billion for infrastructure development, while the State budget and official development assistance (ODA) will only be able to provide half of this amount.

Ordinances to govern judicial, trial processes 22/02/2011

The 12th National Assembly Standing Committee approved supplements and amendments to a number of articles in the Ordinance on the Procurators of the People's Procuracies and the Ordinance on Judges and Jurors of the People's Courts before closing its 38th session on Saturday in the capital.