The retail prices of petrol and oil products shall not exceed 2% of the basic price

On June 24, 2016, the Ministry of Finance and the Ministry of Industry and Trade issued the Joint Circular No. 90/2016/TTLT-BTC-BCT on amending a number of Articles of the Joint Circular No. 39/2014/TTLT-BCT-BTC on determination of basic prices, establishment, management and allocation of price stabilization funds and control of petrol and oil prices under the […]
Individuals in charge of supervision must have at least direct 3 years' experience

In accordance with the Circular No. 10/2016/TT-BKHDT dated July 22, 2016 of the Ministry of Planning and Investment on guidelines for supervision and inspection of bidding, an individual in charge of supervision must at least direct 3 years' experience in the following entities: Bidding management authorities; procuring entities; groups of specialists, assessment agencies. Besides, an […]
To fine to vnd 20 million for advertising medical pesticide without an advertisement certificate

In accordance with the Decree No. 115/2016/ND-CP, a fine of from VND 5 million to VND 10 million shall be imposed for advertising a domestic or medical pesticide or germicide against the advertisement certificate issued by the Ministry of Health and the fine for advertising is from VND 10 million to VND 20 million. Another […]
Payment of monetary differences in renting public housing

The Ministry of Finance issued the Circular No. 124/2016/TT-BTC dated August 03, 2016 guiding on management of proceeds from lease, lease-purchase and sale of State-owned dwellings; payment of monetary differences in renting public housing and management of proceeds from lease of public housing under the governments Decree No. 99/2015/ND-CP dated October 20, 2015 detailing and […]
SBLAW's Lawyer asked president Obama about TPP

President Obama held YSEALI Town Hall in Luang Prabang, Laos, on September 7, 2016 and Mr. Pham Duy Khuong from SBLAW asked president Obama: Do you believe that TPP shall be ratified within your remaining time or even new president?
What follows are the basics of running a wholly foreign-invested company (FIC) in Vietnam.

Lawyer Nguyen Thanh Ha – Harry Nguyen, Chairman of SB LAW – contributes legal notes for Singaporean investors to run companies in Vietnam. What follows are the basics of running a wholly foreign-invested company (FIC) in Vietnam. How does one set up a company in Vietnam? The establishment of an FIC in Vietnam requires an […]
Ha Noi Office
HCM Office
Receiving award from chairman of Hanoi