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Legal News in October 2018

Cancelling procedures for issuance of a certificate of shipping business Decree No. 147/2018/ND-CP amending Decrees on conditions for business in the maritime field shall officially take effect on 24 October 2018. Accordingly, procedures for issuance of Certificates of satisfaction of conditions for shipping business shall officially be cancelled. Shipping enterprises and cooperatives will only have to meet the general conditions on establishment in accordance with the laws. The conditions for domestic enterprises in shipping business have also been simplified in comparison with the current regulations, specifically: (a) Being an enterprise or co-operative in maritime shipping business, which have been established in accordance with...

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Legal News June 2017 in Viet Nam

  Finance Law No. 15/2017/QH14 dated 21 June 2017 of the National Assembly on management and use of public assets. Decision No. 23/2017/QD-TTg dated 22 June 2017 of the Prime Minister, on amendment and supplement to some articles of Decision No. 246/2006/QD-TTg dated 27 October 2006 of the Prime Minister, on setting up the Cooperative Development Assistance Fund and promulgating the Regulation on credit guarantee and post-investment interest support activities of this Fund. Decision No. 20/2017/QD-TTg dated 12 June 2017 of the Prime Minister, providing for operations of microfinance programs and projects by political, socio-political, or non-governmental organizations. Decision No....

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Legal News May 2017 in Viet Nam

Amendment and supplement to Decree detailing a number of Articles and implementation measures of the Law on Lawyers Draft Decree amending and supplementing a number of Articles of Decree No.123/2013/ND-CP detailing a number of Articles and implementation measures of the Law on Lawyers, has been developing by the Ministry of Justice with significant amendments on code of professional conducts and standards for a lawyer. Accordingly, the draft Decree adds provisions on ethics of lawyer: “Lawyer must be a person who has integrity, honesty, responsibility in professional activities to protect justice and fairness, must not do against laws and profession morality...

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Legal News April 2017 in Viet Nam

Officially decreasing rate of social insurance premium payable by employers as of 1 June 2017 On 14 April 2017, the Government issued Decree No. 44/2017/ND-CP, on the rate of compulsory social insurance premium contributed to Occupational accident and diseases insurance fund (“Decree 44”). Accordingly, from 1 June 2017, the rate of compulsory social insurance premium contributed to Occupational Accident and Diseases Insurance Fund by employers shall be 0.5% of the salary fund taken as the basis to calculate social insurance premiums for the employees, as specified in Points a, b, c, d, dd and h of Clause 1 of Article 2...

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