More power plants to plug into Vietnam market
An additional 16 power plants will join Vietnam’s competitive energy generation market this year, bringing the total number of such plants to 48.The country launched the market last July in a move to shift the State’s monopoly of power supply to a more competitive market system. As such, power plants with capacities reaching 30MW or […]
HR firm backs Vietnam’s potential
Careerbuilder, a leading human capital solutions provider headquartered in the US, announced its official entry into Vietnam on February 21.The company said that it see good development potential in the country despite the serious economic downturn. It has acquired HR Vietnam and Kiem Viec, two of four main sites belonging to Vietnam Online Network (VON), […]
Establishment of a foreign-owned company in painting service.
In our consulting experience, SB Law see many foreign investors coming to Vietnam service market. It is considered as the potential market to explore. The popular question of many foreign investors is the legal procedure to establish a foreign-owned company in painting service. Are the foreign investors able to run a business in this area […]
Establishment of a foreign-owned company in painting service.
In our consulting experience, SBLAW see many foreign investors coming to Vietnam service market. It is considered as the potential market to explore. The popular question of many foreign investors is the legal procedure to establish a foreign-owned company in painting service. Are the foreign investors able to run a business in this area in […]
Legal Updates 7
USING “COMPANY” AND “ENTERPRISE” FOR BUSINESS HOUSEHOLD’S NAMES IS PROHIBITED This is one of the contents regulated under the Circular No.01/2013/TT-BKHDT dated January 21, 2013 of the Ministry of Planning and Investment guiding the enterprise registration. Accordingly, business households may not use the word “company” and “enterprise” in their names. Names of business households are […]
Using "Company" and "Enterprise" for business household`s names is prohibited
This is one of the contents regulated under the Circular No.01/2013/TT-BKHDT dated January 21, 2013 of the Ministry of Planning and Investment guiding the enterprise registration. Accordingly, business households may not use the word “company” and “enterprise” in their names. Names of business households are in the alphabet used for naming business households as prescribed. […]
Prolong duration of EIT payment and vat 06 months
On February 08, 2013, the Ministry of Finance issued the Circular No. 16/2013/TT-BTC guiding implementation of the extension of time limits, reduction of a number of state budget revenues according to the Government’s Resolution No. 02/NQ-CP, of January 07, 2013 on a number of solutions to remove difficulties for business production, market support, settlement of […]
Expense for support to settle policy of redundant employees
On January 18, 2013, the Ministry of Finance issued the Circular No. 10/2013/TT-BTC guiding the mechanism of management and use of fund for support of arrangement of enterprises at the parent company in the economic group, State Corporation, parent company in the parent company–subsidiaries conglomerate. Of which, one of the notable content is regulation on […]
Establising database of national credit information
On January 28, 2013, the State Bank of Vietnam issued the Circular No. 03/2013/TT-NHNN providing on credit information activity of the State bank of Vietnam. One of the significant contents is regulation on the establishment of database of national credit information. Under this Circcular, database of national credit information is a collection of credit information […]