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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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TO SUPPLEMENT THE LIST OF HS CODE FOR A NUMBER OF EXPORT COMMODITIES

On November 16, 2019, the Ministry of Industry and Trade issues the Circular No. 41/2019/TT-BCT on supplementing HS code Lists of imported and exported goods prescribed in some Circulars of the Ministry of Industry and Trade.

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USE AT LEAST 2 METHODS OF ASSETS APPRAISAL FOR AUCTION OF THE RIGHT TO OPERATE ROAD INFRASTRUCTURE

On December 03, 2019, the Ministry of Finance promulgates the Circular No. 86/2019/TT-BTC guiding the determination of the reserve price in auction for lease or definite-term transfer of the right to operate road infrastructure assets invested and managed by the State.

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THE LAND PRICE BRACKET IN HA NOI AND HO CHI MINH CITY: MAXIMUM UP TO VND 162 MILLION PER M2

This is the regulation prescribed in the Government’s Decree No. 96/2019/ND-CP on the land price bracket dated December 19, 2019.

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