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FROM JULY 01, 2020, SHALL NOT APPLY INDEFINITE WORKING CONTRACTS FOR PUBLIC EMPLOYEE

This is one of the remarkable regulations approved by the National Assembly on November 25, 2019 in the Law on amend and supplement a number of Article of the Law on Cadres and Civil Servants and the Law on Public Employees No. 52/2019/QH14.

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HIGHER EDUCATION INSTITUTIONS SHALL HAVE TO MAKE FULL DISCLOSURE ON EMPLOYMENT RATE AFTER 12 MONTHS OF GRADUATION

On December 30, 2019, Government promulgates the Decree No. 99/2019/ND-CP detailing and guiding the implementation of a number of articles of the law amending and supplementing a number of articles of the Law on Higher Education.

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THE CREDIT INSTITUTIONS MAY BE EXEMPTED FROM MONTHLY CASH WITHDRAWAL FEE

On December 25, 2019, the State Bank of Vietnam promulgates the Circular No. 27/2019/TT-NHNN on amending and supplementing a number of Articles of the Circular No. 35/2014/TT-NHNN dated November 20, 2014 of the State Bank Governor of Vietnam on service

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NOT TO SUPPORT INTEREST RATE, SUBSIDIZE INTEREST RATE DIFFERENCE FOR THE OVERDUE PRINCIPLE BALANCE

On November 15, 2019, the Minister of Finance promulgates the Circular No. 82/2019/TT-BTC on amending and supplementing a number of Articles of the Circular No. 89/2014/TT-BTC dated July 07, 2014, providing guidelines on loan interest rate support and interest

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A MINOR MAY USE SUPPLEMENTARY CARD OF A DEBIT CARD WITHOUT WRITING PERMISSION

On December 25, 2019, the Governor of the State Bank of Vietnam promulgates the Circular No. 28/2019/TT-NHNN on amending and supplementing a number of Articles of the Circular No. 19/2016/TT-NHNN dated June 30, 2016 of the State Bank Governor on bank

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APPRAISAL TIME OF URBAN WATER SUPPLY PLANNINGS IS AT MOST 20 DAYS

On December 27, 2019, the Government promulgates Decree No. 98/2019/ND-CP on amending and supplementing a number of Articles of Decrees on technical infrastructure.

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CENTRAL PROVINCES SHALL REDUCE ONE-OFF LAND USE RENTAL PAYMENTS FOR WHOLE LAND LEASE TERMS

Central provinces shall need to reduce cases where land lessees are allowed to make one-off land use rental payments for whole land lease terms is the content in the Directive No. 27/CT-TTg on solutions to promote growth and sustainable development of Central

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JOIN STOCK COMPANY MUST HAVE AT LEAST VND 30 BILLION OF REGULATION CAPITAL FOR INITIAL OFFERING OF STOCK

This is one of new, strict conditions for enterprises’ public offer of securities in the Law on Securities No. 54/2019/QH14. As in the Law on Securities No. 70/2006/QH11, this number is only VND 10 billion.

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TO AMEND THE COSMETIC PROCLAMATION DOSSIER

The Ministry of Health promulgates the Circular No. 32/2019/TT-BYT on amending and supplementing Clause 4 Article 4 and Appendix No. 01-MP of the Circular No. 06/2011/TT-BYT, providing cosmetic management on December 16, 2019.

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