December 31, 2011
New circular sets out in detail rights of arrestees to demand legal assistance, and for defense lawyers to ask for change of principal investigator A trial in Ho Chi Minh City. A new circular sets out detailed procedures to ensure an arrestee’s rights when criminal cases are being investigated. The Da Lat People’s Court [...]
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Posted in Reports | Comments Off
July 24, 2011
The Vietnamese stock market is undergoing a prolonged slump When the Ministry of Finance issued a new circular to ease stock trading restrictions on June 1, investors and experts welcomed it, saying it would improve liquidity and market transparency. But with Circular 74 to take effect soon, on August 1, securities companies worry that the [...]
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Posted in Business | Comments Off
December 8, 2010
Milk prices in Vietnam are much higher than neighboring countries, but foreign companies are crying foul at stabilization measures. Vietnam does not violate its World Trade Organization commitments in taking measures to keep prices stable, Deputy Finance Minister Tran Xuan Ha has said. He said it was necessary to issue Circular 122, which allows local authorities to impose [...]
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Posted in Business | Comments Off
November 24, 2010
Vietnamese tax payers will be able to settle their payment electronically via Internet, mobile phone, or ATM from January 1 next year, according to a circular recently issued by the Ministry of Finance. The electronic payment methods, which also include paying via taxation agencies’ websites, allow tax payers to transfer money from their bank [...]
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Posted in Business | Comments Off
January 9, 2010
Vietnamâs baby formula market was worth VND8 trillion ($421.1 million) in 2008 Many dairy companies have hiked up the prices of infant formula in the new year citing the weaker dong and higher wages, but the government said their huge marketing costs are, in fact, inflating prices. Mead Johnson, Abbott, and Dutch Lady prices are [...]
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December 23, 2009
A new regulation being drafted by the State Bank of Viet Nam will establish more detailed ground rules for the establishment of a new joint stock commercial bank. The State Bank put a freeze on the establishment of new commercial banks back in August 2008 due to a proliferation of new banks. Since then, only [...]
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Posted in Business, News | Comments Off
December 18, 2009
LookAtVietnam – The State Bank of Vietnam has signed a circular allowing exporters to borrow U.S. dollars at banks. The new circular supplements the needs which justify dollar loans from banks to fund investment projects, business projects, goods trading and export services. However, if enterprises borrow dollars for use in the country, they must sell [...]
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Posted in Business, News | Comments Off
November 20, 2009
In his first Q&A session on November 17, the Minister of Information and Communications Le Doan Hop said that a new decision controlling online games will replace the current circular 60. Minister Le Doan HopVietNamNet Bridge – In his first Q&A session on November 17, Minister of Information and Communications Le Doan Hop said that [...]
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Posted in Uncategorized | Comments Off
November 20, 2009
LookAtVietnam – As of 2010, education and training centres in Vietnam will have to use open-source software to cut cost and avoid software copyright infringement, according to a draft circular from the Education and Training Ministry (MoET). MoET has made public its draft circular on open-source use in education and training centres for public comment until [...]
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October 12, 2009
LookAtVietnam – Air carriers serving Vietnam appear to be not just weathering the economic crisis, but thriving in it. At a ceremony announcing the new VA Hanoi-Fukuoka air route on October 9, 2009, VA Deputy General Director Trinh Hong Quang speculated that the national flag air carrier will earn some 50 billion dong in profit [...]
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Posted in News, Travel | Comments Off
