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Daily Legal News

2012/04/27

Circular 06/2012/TT-BCT of the Ministry of Industry and Trade dated 03/27/2012 detailing procedures for the establishment and operation of representative offices of foreign trade promotion organizations in Vietnam

Circular provides in details grant, re-grant, modification, supplementation, extension and revocation of licences for establishment of representative offices (License). Subjects of application in this Circular are foreign trade promotion organizations in Vietnam as stipulated in Decree 100/2011/ND-CP. [+]

2012/04/24

Regulations on foreign currency positions of credit institutions, branches of foreign banks

The State Bank of Vietnam issued Circular No. 07/2012/TT-NHNN on date 20 March 2012 regulating on foreign currency positions of credit institutions, branches of foreign banks. This Circular takes effect from 02 May 2012 and replaces Decision No. 1081/2002/QD-NHNN dated 07 Oct 2012 and Decision 1168/2003-QD-NHNN 02 Oct 2013 on modification of Article 1 of Decision No. 1081/2002/QD-NHNN dated 07 Oct 2012.
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2012/04/23

Decree No.17/2012/NĐ-CP promulgating guidance on implementation of the Law on Independent Audit

According to the Decree, it is required by the law, the following enterprises and organizations must have their annual financial statements audited by independent auditing agencies operating in Vietnam: [+]