Daily Legal News

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. [+]

2010/03/15

New detailed regulation on the organization and operation of commercial banks

On 26 February 2010, the State Bank of Vietnam (SBV) issued the Circular 06/2010/TT-NHNN guiding on the organization, administration, management, charter capital, share transfer, amendment of operation certificate and charter of commercial banks.

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