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PHUOC & PARTNERS : LEGAL UPDATE NEWSLETTER - OCTOBER 2015
Hope this article may provide several practical and legal solutions for the spouses in the context of the inconstant developing economy.
In Part II, we would like to provide you with some remarkable regulations as follows:
1. Guidances on some provisions of the Law on Enterprises 2014
2. Labour Code guidance regarding policies for female employees
3. Guidelines on outbound investment
4. Fresh guidelines on natural resource tax
As usual, Part III will then provide you with a selected list of new regulations issued in the month of October 2015 for your further reference.
To read the entire legal alert, please click the link below to download the full version of the newsletter - provided by PHUOC & PARTNERS.
Legal Update Newsletter - October 2015
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PHUOC & PARTNERS
Ho Chi Minh City - Head Office
70 Quoc Huong Street, Thao Dien Ward, District 2
Ho Chi Minh City, Vietnam
Tel: +84 (8) 3744 9977
Fax: +84 (8) 3744 5267
Hanoi - Branch
10A/F., CDC Building
25 Le Dai Hanh St., Hai Ba Trung Dist.
Ha Noi, Vietnam.
Tel: +84 (4) 3974 8230
Fax: +84 (4) 3974 8234
Da Nang - Branch
Suite 606A, 6/F., HAGL Plaza Danang,
1 Nguyen Van Linh St., Hai Chau Dist.
Da Nang City, Vietnam.
Tel: +84 (511) 381 5253
Fax: +84 (511) 382 5254
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VIETNAM EXPANDS INLAND CONTAINER DEPOT NETWORK TO 19
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HCMC CREDIT UP 1.5% IN Q1
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VIETNAM ECONOMY INVESTMENT
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The HCMC People’s Committee has tasked relevant departments with establishing a cultural industry development fund and developing a 150-hectare film studio complex. The move follows an instruction by HCMC Party Committee Secretary Tran Luu Quang. The city’s cultural industry development fund will be structured under a venture capital model.
HR / LABOUR/ EMPLOYMENT
EMPLOYEES’ AVERAGE INCOME INCREASES
Average monthly income of workers in the first quarter reached VND9 million, up 3.8% from the previous quarter and 8.5% from a year earlier, according to the National Statistics Office. Male workers earned an average of VND10.1 million per month, compared with VND7.7 million for female workers. In urban areas, average income reached VND10.7 million per month, while in rural areas it was VND7.9 million.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
HCMC KICKS OFF OVER 10 PROJECTS DURING APRIL
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HOSPITALITY / TOURISM / ENTERTAINMENT
VIETNAM’S Q1 FOREIGN TOURIST ARRIVALS HIT RECORD HIGH
Vietnam welcomed nearly 2.1 million international visitors in March, bringing first quarter foreign tourist arrivals to 6.76 million, up 12.4% year-on-year and marking a record high for the period, the national authority for tourism said. Air travel accounted for 82.3% of international arrivals, followed by land at 15.5% and sea at 2.2%, according to the Vietnam National Authority of Tourism.
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