FRESH POLICIES COME INTO FORCE IN FEBRUARY
[05-02-2014] A series of policies on agricultural insurance, debt management, anti-corruption, and SOEs equitization will come into force in February.
LETTER OF COMMENTS ON CORPORATE INCOME TAX (CIT) INCENTIVE FOR BUSINESS EXPANSION PROJECTS
[22-01-2014] According to the Ministry of Finance’s calling for comments on the draft Circular guiding the amended Law on CIT recently, HKBAV has submitted our Letter of Comments to the Ministry of Finance and General Department of Taxation respectively based on the feedback from our corporate members.
PWC: FOREIGN EXCHANGE NEW CIRCULAR ISSUED
[20-01-2014] The State Bank of Vietnamhas issued a new circular restricting the use of foreign exchange in Vietnam. Following amendments to the 2005 Ordinance on Foreign Exchange Controls in March 2013 (“FX Ordinance”), a new ‘Circular 32-2013-TT-NHNN Guiding the Implementation of Provisions Restricting the Use of Foreign Exchange within Vietnam’ (“FX Circular”) has been issued by the State Bank of Vietnam.
PWC: AN UPDATE ON WORK PERMIT ISSUANCE IN HO CHI MINH CITY
[16-01-2014] The rules on foreigners working in Vietnam were recently revised and Decree 102/2013/ND-CP on foreigners working in Vietnam (“Decree 102”) took effect on 1 November 2013 (please see our NewsBrief dated 17 September 2013 for more details).
PHUOC & PARTNERS : LEGAL UPDATE NEWSLETTER - DECEMBER 2013
[14-01-2014] Part I of this Legal Newsletter introduces a legal article titled "Sexual harassment - How to sanction?" written by lawyer Ms. Nguyen Van Quynh - Associate and Dr. Le Thi Anh Nguyet, issued in The Saigon Times on November 14th 2013. In this article, P&P analyze some issues related to the identification of sexual harassment behaviors in the workplace from the law of Vietnam, experiences and insights from foreign law and some proposals for enterprises to help the employees perform the necessary operations in order to protect themselves.
PHUOC & PARTNERS : LEGAL ALERT
[09-01-2014] The Government has just issued a new regulation on non-cash payment on specific transactions as per Decree No. 222/2013/ND-CP dated December 31, 2013, effective officially from 1 March 2014 (“Decree 222”)...
KEY POLICIES COME INTO FORCE SINCE JANUARY, 2014
[02-01-2014] A large number of new policies and regulations influencing the entire socio-economic life will become effective in January, 2014. Supreme law of Viet Nam With 11 chapters and 120 articles (one chapter and 27 articles fewer than the previous version), the amended Constitution comes into force on January 1, 2014.
BAKER & MCKENZIE: INDOCHINA LAW QUARTERLY - DECEMBER 2013
[07-01-2014] In this issue, you will find reports on a number of important legal and economic developments in Laos, Cambodia, and Vietnam from October to December 2013. Vietnam’s multi-year constitutional debate, which was its most open and far-reaching in its modern history, culminated in the adoption of a new Constitution this fall. The final document preserved the leading role of State owned enterprises in the economy, leasing some to say that “the cooking was better than the meal,” but there is also more emphasis on individual rights.
