Draft of new circular announcing the implementation route of goods sales and purchasing activities of FDI enterprises in Vietnam

The Ministry of Industry and Trade is drafting a Circular announcing the implementation route of goods sales and purchasing activities and activities directly related to goods sales and purchasing of foreign direct investment enterprises (FDI) in Vietnam. Once issued, this new Circular shall replace the Decision No. 10/2007/QĐ-BTM stipulated by Ministry of Industry and Trade Continue reading “Draft of new circular announcing the implementation route of goods sales and purchasing activities of FDI enterprises in Vietnam”

Top legal directory ranks BIZCONSULT’s international network

One of the world’s top legal directories has ranked BIZCONSULT’s international network in its Band One category. After extensive research including feedback from businesses, Chambers & Partners Global Guide for Clients has placed Mackrell International in its leading law firm network category for the first time.

BIZCONSULT joined Mackrell International in 2007 to provide its Continue reading “Top legal directory ranks BIZCONSULT’s international network”

Retail market remains attractive to investors in 2013

Aggregate retail sales in 2012 increased 16% in comparison with 2011; domestic and foreign investors increasingly invested and expanded supermarket chains.

Pessimistic predictions about the world economy in general and Vietnam economy in particular for the year 2013 have no impact on the expansion of retail chains by domestic and foreign investors.

Visible potentials

According Continue reading “Retail market remains attractive to investors in 2013”

Decree of the Government on liquor production and trading

The Government issues Decree No. 94/2012/ND-CP, dated 11 December, 2012 on liquor production and trading.

Subjects of application:

E-customs procedures for import-export trading goods

The Government issued Decree No. 87/2012/ND-CP dated 23 October 2012 detailing a number of articles of the Customs Law regarding e-customs procedures for export and import trading goods .

Electronic customs documents include: e-customs declaration and other documents specified in Clause 1, Article 22 of the Customs Law which declarant is obliged to submit or Continue reading “E-customs procedures for import-export trading goods”

Loosened regulations on management of information and press activities of the foreign press in Vietnam

To overcome the inappropriate points of previous regulations, the Government of Vietnam issued the Decree No. 88/2012/ND-CP (herein after referred as “Decree 88”) promulgating regulations on information and press activities of the foreign press and foreign agencies and organizations in Vietnam on 23 October 2012. The Decree 88 takes effect as from 20 December 2012 Continue reading “Loosened regulations on management of information and press activities of the foreign press in Vietnam”

Regulation on bank guaranty

Circular No. 28/2012/TT-NHNN dated October 10, 2012 of the State Bank promulgates regulations on bank guaranty applicable to credit institutions and branches of foreign banks.

In respect of scope of guaranty, Circular specifies the following obligations that can be guaranted in whole or in part: