New rules on transfer of profits abroad

04/12/2010

The Ministry of Finance issued Decree No 186/2010/TT-BTC on November 18, providing guidelines on a foreign investor's transfer of profits abroad. The new decree takes effect in 45 days from the date it was promulgated and replaces Circular No 124/2004/TT-BTC of December 2004.

New regulations on the Law on Personal Income Tax

01/12/2010

On 5 November 2010, the Ministry of Finance issued Circular No. 175/2010/TT-BTC amending and supplementing Circular No. 84/2008/TT-BTC dated 30 September 2008 on Personal Income Tax.

Minimum wage to increase on January 1

23/11/2010

The Government issued Decree No 107/2010/ND-CP on October 29 setting the minimum wage for Vietnamese workers working in foreign-invested enterprises, foreign organizations, international organizations and foreigners in Viet Nam.

New rules set for unemployment insurance

23/11/2010

The Ministry of Labour, Invalids and Social Affairs has issued Circular No 32/2010/TT-BLDTBXH, detailing a number of provisions in Decree No 127/2008/ND-CP of December 12, 2008, on unemployment insurance.

Decree clarifies IP rights enforcement

23/11/2010

The Government issued Decree No 97/2010/ND-CP on September 21, establishing administrative sanctions for violations of industrial property rights, and part of an overall regulatory scheme promulgated under the Law on Intellectual Property of 2005 (recently amended in October 2009).

Whistleblowers need legal protection: NA

23/11/2010

After earlier disagreement, law-makers yesterday decided that whistleblowers should be protected in the new draft Law on Denunciation.

Status of co-operatives ‘must be recognised'

19/11/2010

National Assembly deputies insisted yesterday that any changes to the Co-operative Law must recognise the special status the organisations have in Viet Nam.

Assembly eyes laws on independent audit

18/11/2010

The majority of National Assembly deputies last Saturday advocated for the need to issue the Independent Audit Law in order to build a comprehensive legal framework of auditing services and enhance the efficiency of State management.

NA passes new laws, 2011 budget resolution

18/11/2010

National Assembly deputies yesterday approved new laws on inspection, public employees, and environmental protection, as well as passing the State budget resolution for 2011.

Lawmakers applaud administrative reform

11/11/2010

Project 30, introduced in 2007 to simplify administrative procedures, has been a breakthrough, deputy Tran Du Lich of HCM City told the National Assembly yesterday.

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