Situations in which VN joint stock firms can adjust capital
(Nov 25, 2015)
Adjustment of par value of shares, acquisition, recovery and conversion
of bonds, stock issuance are the circumstances under which joint stock
companies are permitted to increase or decrease their charter capital.
Foreign investors who buy shares in or contribute capital to economic organisations won't have to deal with procedures involved in investment certification, according to a new decree.
Decree No 96/2015/ND-CP ("Decree No 96"), issued by the
Government on October 19, 2015, regulates provisions of the Enterprise
The Ministry of Industry and Trade has drafted a circular stipulating
that only some qualified businesses are eligible to export minerals.
When entering into contracts, changing the legal representative of the
company or participating in transactions and other activities,
enterprises should ascertain the competence of the board of directors
and the general meeting of shareholders to guarantee correct compliance
with current legal regulations.
The Government recently issued Decree No 95/2015/ND-CP (October 16,
2015) on implementation of a number of articles of Law on Petroleum.
On September 14 2015, the Vietnamese Government issued Decree No.
78/2013/ND-CP ("Decree No. 78"), guiding the 2014 Enterprise Law on
The government issued decree No 85/2015/ND-CP ("Decree No 85") on
October 1, 2015, detailing some regulations of the Labour Code regarding
policies for female employees.
The granting of licences in the industry and trade has seen shortcomings
though several administrative procedures had been simplified, Le Hong
Lam, a representative from Viet Nam Bar Federation, said.
The Law on Commerce 2005 should be revised to prevent smuggling and
trade fraud, experts said at a workshop to review its implementation,
held in Ha Noi yesterday.
The Government recently issued Decree No85/2015/ND-CP (October 1, 2015)
on the implementation of a number of articles of the Labor Code
regarding policies on female employees.