State Securities Commission responsible for public issue of stocks under the new regulation
On November 19, 2012, the Ministry of Finance issued the Circular No. 204/2012/TT-BTC guiding the dossier and procedure for public offering of securities. The newly-issued Circular is considered as the guiding document for the Law on Securities 2006, Decree 58/2012/ND-CP and Decree 118/2008/ND-CP regarding to the application dossier, the announcement and reporting responsibility of issuers, […]
Rates of interest for term deposits regulated once again by SBV
On December 21, 2012, The State Bank of Viet Nam (SBV) issued Circular No. 32/2012/TT-NHNN regulating the maximum rates of interest (MRI) on the deposits in VND by organizations and individuals in credit institutions and branches of foreign banks. The salient features of this Circular is as follows: The MRI on demand deposits and term […]
MOCST is the regulatory body for governing the Assessor card issued for copyright related rights
On 13th December 2012, Ministry of Culture, Sports and Tourism (MOCST) issued Circular 15/2012/TT-BVHTTDL pursuant to the Decree No. 100/2006/ND-CP of September 21, 2006 and Decree No. 105/2006/ND-CP dated 22 December 09, 2006 providing guidelines to the assessment activities of copyright and related rights, including the grant, revocation of the assessor’s card of copyright and related […]
Amending license of representative office in Viet Nam
We would like to introduce the legal procedure to change the name of representative office (R.O) and chief of R.O as follows: Based on Article 10, Decree 72/2006/ND-CP on July 25th 2006, it shall take 10 working days for trader to obtain the amended license from the date of legitimate submission. However, in practical it […]
Circular No.211/2012/TT-BTC of the Ministry of Finance guiding implementation a number of articles of the Government’s Decree No. 90/2011/ND-CP, of October 14, 2011, on issuance of corporate bonds
Decree No. 90/2011/NĐ-CP of the Government on issuance of corporate bonds that’s effective from December 01, 2011 exists unclear regulations making many difficulties for enterprises on mobilizing capital by bond issuance. Therefore, Circular No.211 was passed to provide specific guidance for implementation a number of articles of Decree No.90. The subjects of regulation of this […]
Procedure for Establishing a Manpower Consultant (Employment Service) Agency
The Vietnamese Labor Law recognizes the organizations providing consultancy, supplying and recruiting employees to their client employers. Such enterprises are called Manpower Consultancy or Employment Service agencies. But to operate, these enterprises must be established under the Law on Enterprise and should have obtained License from the competent provincial State labor management agencies. S&B Law […]
Offshore direct investment proceeding.
Nowadays, we are welcoming the Foreign Direct Investment (FDI), along with the offshore investment of Vietnamese Companies, typically as Viettel and Hoang Anh Gia Lai in Myanmar and African countries. In order to clarify the proceeding for Clients, we would like to introduce the legal instrument as follows: I. Legal foundation: 1. Chapter VIII (Article […]
The television program: lawyers for business, advertising and sale on television.
Currently, Vietnam enterprises, besides the use of the traditional sale channels, they utilize the television as a new channels to directly supply the products to the consumers. Television with the advantages of a media which coordinates the imagines, sound and movement, quickly and effectively impacts on the consumer trends. Notwithstanding, due to the development is […]
A discussion about trade secret protection by lawyer Nguyen Thanh Ha
Accepting the invitation of the Editorial Board of InvestTV Channel of Vietnam Television (VTV), lawyer Nguyen Thanh Ha took part into television program with subject “Trade Secret Protection for the Vietnamese enterprises”. With the profound legal knowledge and experience on this issue, together with other legal professors, lawyer Nguyen Thanh Ha analyzed, indicated these existing […]