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Daily Legal News

2010/03/19

Financial Management Regulation regarding Stock Exchange, Securities Depository

Financial Management Regulation regarding Ho Chi Minh Stock Exchange, Hanoi Stock Exchange and Vietnam Securities Depository (hereinafter referred as "Stock Exchange and Securities Depository") has been stipulated in the newly born Circular No. 29/2010/TT-BTC of Ministry of Finance (MOF) on March 04. Under this Circular, Stock Exchange and Securities Depository are State owned legal entities under the form of single member limited company. The MOF shall act as the owner's representative.
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2010/03/19

Detailed regulation on State Compensation Law

On 3 March 2010 the Government issued Decree No. 16/2010/ND-CP promulgating and providing the guidelines on a number of articles of the Law on State's Liability to Pay Compensation. Accordingly, the State only compensates for the damages causes directly by the failure to perform duties or power of civil servants in accordance with the regulations of Law. In case of having force majeure and imperative situations, the compensation liability will not be applied.
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2010/03/17

New decree on property auction

On 04 Mars 2010, the Government issued the Decree No. 17/2010/ND-CP on property auction ("Decree 17") which replaces the Decree No. 05/2005/ND-CP dated 18 January 2005 on the principles and procedures for property auction; auctioneers; property-auctioning organizations and State management over property auction operations. [+]