NEWLY UPDATED LEGAL DOCUMENT Period 01 of 02/2016

NEWSLETTER

(No 01 February, 2016, Updated to 18/02/2016)

Finance – Banking – Credit

1. Circular No. 01/2016/TT-NHNN dated 04/02/2016 by The State Bank guiding on lending policy to develop supporting industries.

2. Circular No. 10/2016/TT-BTC dated 19/01/2016 by The Ministry of Finance guiding the property mortgaged as security for the loan to be guaranteed by the Government

Securities

3. Circular 11/2016/TT-BTC dated 19/01/2016 by The Ministry of Finance guiding some articles of Decree No. 42/2015/ND-CP by The Government on derivatives securities and derivatives securities market.

4. Circular No. 15/2016/TT-BTC amending and supplementing some articles of Circular No. 183/2011/TT-BTC by The Ministry of Finance guiding on the establishment and management of open fund

Fees – Charges

5. Decree No. 12/2016/ND-CP dated 19/02/2016 by The Government on environmental protection charges for mineral exploitation.

Industry

6. Decision No. 229/QD-TTg by The Prime Minister dated 04/02/2016 on mechanisms and policies to implement the strategy and development plans for Vietnam automobileindustry

Trade

7. Decision No. 450/QD-BCT dated 29/01/2016 by the Ministry of Trade and Industry approving the project “Plan for development of trade in the northern key economic zone to 2015 and vision to 2035”

8. Decree No. 07/2016/ND-CP by The Government dated 25/01/2016 detailing The Commercial Law regarding representative offices, branches of foreign traders in Vietnam

9. Decision No. 228/QD-TTg dated 04/2/2016 by The Prime Minister approving the project to improve information dissemination of trade promotion during period 2016-2020

Health

10. Decree No. 09/2016/ND-CP by The Government dated 28/01/2016 regulating for enhanced micronutrients in food

Labour

11. Decree No. 11/2016/ND-CP dated 03/02/2016 by The Government detailing the implementation of some articles of The Labour Code regarding foreign employees working in Vietnam

Telecommunication

12. Circular No. 01/2016/TT-BTTTT dated 25/012016 amending and supplementing some articles of Circular 21/2013/TT-BTTTT regulating telecommunications service revenues

 VINH PHAM, Lawyer-CPA-Tax Agent-Chartered Tax Adviser