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EPLegal Limited | Vietnam | 29 Mar 2013

EP Legal newsletter - March 2013

Commercial housing projects, investment projects on urban development not yet executed or have the execution of construction started but apartment…
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EPLegal Limited | Vietnam | 22 Feb 2013

Decree No. 05/2013/ND-CP on amending, supplementing a number of articles providing for administrative procedures of Decree No. 43/2010/ND-CP on the registration of enterprises

Is taking its effect as from 25 Feb 2013. Major changes include: With regards to business lines which are not mentioned in the economic industry…
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EPLegal Limited | Vietnam | 22 Feb 2013

3/ Circular No. 212/2012/TT-BTC on establishment, organization and operation of fund management companies (FMC)

The Circular sets out conditions on shareholders/members of an FMC. Notably, an FMC must have at least one shareholder/member being a commercial bank…
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EPLegal Limited | Vietnam | 22 Feb 2013

Draft resolution of the Supreme Court guiding the law on commercial arbitration

The Law on Commercial Arbitration (the Law) which came into force on 1 January 2011 was expected to provide businesses with an effective, speedy and…
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EPLegal Limited | Vietnam | 22 Feb 2013

Decision No. 05/2013/QD-TTg on overseas study of Vietnamese citizens

Sets out conditions for granting Certificate of overseas study consultation services having a deposit of VND 500,000,000 (five hundred million…
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EPLegal Limited | Vietnam | 22 Feb 2013

Circular No. 224/2012/TT-BTC providing guidance on funding, establishment, management and monitoring of closed-end funds, member funds

Conditions to establish a fund member: actual capital contribution of at least 50 billion dong; There are max 30 members and all members must be…
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EPLegal Limited | Vietnam | 22 Feb 2013

Circular 05/2013/TT-BTC guiding the financial regime applied to credit institutions and branches of foreign banks

Credit institutions and branches of foreign banks have to ensure that the residual value of fixed assets does not exceed 50% of the charter capital…
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EPLegal Limited | Vietnam | 22 Feb 2013

Landmark law to tackle money laundering

The Law on Prevention and Combat of Money Laundering (the Law) was ratified by the National Assembly on June 18, 2012 and will take full effect from…
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EPLegal Limited | Vietnam | 22 Feb 2013

Decree 11/2013/NĐ-CP on the management of urban investment and development

The Prime Minister after receiving evaluation opinions of the Ministry of Construction Projects makes decision on projects having area of over 100…
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EPLegal Limited | Vietnam | 5 Feb 2013

Forum for protection of customers’ rights

The Law on Consumer Rights Protection, passed by the National Assembly on 17 November 2010, took effect on 1 July 2011. It replaces the 1999…
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