New legal documents come into effect from March 2014
05/03/2014
There are many new legal documents of the Vietnamese Government, the Prime Minister and ministries coming into effect from March 2014. This article will introduce them with their noticeable provisions.
New stipulation on foreign investors’ purchase of shares of Vietnamese credit institutions
15/01/2014
The Government issued Decree No. 01/2014/ND-CP dated January 03, 2014 providing conditions of and procedures for share purchase, total of maximum shareholding level for foreign investors, the maximum shareholding percentage for a foreign investor in a Vietnamese credit institution; conditions for a Vietnamese credit institution to sell shares to foreign investors.
New stipulation on trade union finance
17/12/2013
The Government issued Decree No. 191/2013/ND-CP dated November 21, 2013 detailing on trade union finance. This Decree details on trade-union finance for revenues from trade-union fee, and support allocation amounts with state budget.
Administrative punishments in advertising sector
18/11/2013
The Government on November 12 promulgated Decree 158/2013/ND-CP, under which advertising products that are banned from being advertised shall be fined up to VND 100 million (nearly US$5,000).
New stipulation on state’s investment credit and export credit
25/10/2013
The Government issued Decree No. 133/2013/ND-CP dated October 17, 2013 on amending and supplementing the Decree No. 54/2013/ND-CP dated May 22, 2013, on supplementing the Government’s Decree No. 75/2011/ND-CP dated August 30, 2011 on state’s investment credit and export credit.