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Welcome to Our New Team Members at ALTAS CORP!

Welcome to Our New Team Members at ALTAS CORP!

We are thrilled to welcome our newest team members to ALTAS CORP! Each of them brings valuable skills and expertise that will strengthen our capabilities in delivering high-quality accounting and legal services. Let’s meet our new colleagues:

30 September 2024

[LEGAL NEWSLETTER – NOVEMBER 2024] CIRCULAR NO. 06/2024/TT-BKHCN

[LEGAL NEWSLETTER – NOVEMBER 2024] CIRCULAR NO. 06/2024/TT-BKHCN

On September 30, 2024, the Minister of Science and Technology issued Circular No. 06/2024/TT-BKHCN ("Circular 06/2024"), amending and supplementing certain provisions of Circular No. 11/2015/TT-BKHCN ("Circular 11/2015") dated June 26, 2015. Circular 11/2015 provides detailed regulations and guidance on implementing several provisions of Decree No. 99/2013/NĐ-CP ("Decree 99/2013") dated August 29, 2013, on the sanctioning of administrative violations in the field of industrial property. Below is a summary of the key points of Circular 06/2024, effective November 15, 2024:

31 December 2024

HCMC LEADERS MEET SINGAPOREAN INVESTORS

HCMC LEADERS MEET SINGAPOREAN INVESTORS

On December 19, 2023, chairman of the municipal People’s Committee Phan Van Mai - chairing a meeting between leaders from the southern city and Singaporean businesses, Mr. Mai emphasized that the city has continually improved its investment environment and created favorable conditions for domestic and foreign investors

29 February 2024

STATE BANK CALLS FOR CREDIT PRIORITY FOR RICE PRODUCTION AND EXPORT IN THE MEKONG DELTA

STATE BANK CALLS FOR CREDIT PRIORITY FOR RICE PRODUCTION AND EXPORT IN THE MEKONG DELTA

The State Bank (SBV) requires banks and credit institutions in the Mekong Delta region to promote lending to ensure sufficient capital for rice production, processing, trading and export.

29 February 2024

[LEGAL NEWSLETTER – NOVEMBER 2024 ] CIRCULAR NO. 48/2024/TT-NHNN

[LEGAL NEWSLETTER – NOVEMBER 2024 ] CIRCULAR NO. 48/2024/TT-NHNN

On September 30, 2024, the Governor of the State Bank of Vietnam promulgated Circular No. 48/2024/TT-NHNN, replacing Circular No. 07/2014/TT-NHNN dated March 17, 2014, on the application of interest rates for deposits in Vietnamese dong by organizations and individuals at credit institutions and foreign bank branches. Accordingly, the regulations on interest rates for deposits in Vietnamese dong are as follows:

31 December 2024

DYNAMICS OF VIETNAM'S ECONOMIC DEVELOPMENT

DYNAMICS OF VIETNAM'S ECONOMIC DEVELOPMENT

Using land resources effectively and sustainably is an important premise to promote the process of industrialization and modernization, ensure social stability and national security, protect the environment and protect the environment and promote Vietnam's economic development.

29 February 2024

POSITIVE GROWTH OF FOREIGN INVESTMENT IN VIETNAM

POSITIVE GROWTH OF FOREIGN INVESTMENT IN VIETNAM

Data on registered and disbursed foreign investment capital increased sharply in Vietnam with 2.36 billion USD and 1.48 billion USD respectively. This is a positive sign as the figures in January 2024 increased by 40.2% and 9.6% respectively compared to the same period last year. The growth is due to the number of new projects increasing by 24.2% and there is project with investment capital larger than 600 million USD

29 February 2024

[MARKET NEWS - NOVEMBER 2024] KEY CHANGES IN KARAOKE AND NIGHTCLUB BUSINESS OPERATIONS

[MARKET NEWS - NOVEMBER 2024] KEY CHANGES IN KARAOKE AND NIGHTCLUB BUSINESS OPERATIONS

On November 12, 2024, the Government issued Decree No. 148/2024/ND-CP amending and supplementing several provisions of Decree No. 54/2019/ND-CP regulating karaoke and nightclub business operations. Noteworthy amendments include revisions to licensing authority and procedural processes as follows:

31 December 2024

Industrial production showing signs of recovery.

Industrial production showing signs of recovery.

According to data from the Foreign Investment Department, the localities attracting the most foreign investment capital include provinces and cities: Ho Chi Minh, Hanoi, Binh Duong, Dong Nai, Ba Ria - Vung Tau, Hai Phong, Bac Ninh, Thanh Hoa, Long An and Quang Ninh. These provinces and cities have many special advantages such as convenient infrastructure, stable human resources, and efforts in reform and investment promotion. According to the assessment of the Ministry of Planning and Investment, these localities will continue to receive investment and are key places for investment development in the country

29 February 2024

DANGERS FACED BY UNREGISTERED E-COMMERCE PLATFORMS OPERATING IN VIETNAM

DANGERS FACED BY UNREGISTERED E-COMMERCE PLATFORMS OPERATING IN VIETNAM

The issue of unregistered e-commerce platforms operating in Vietnam has become a hot topic. Consequently, the authorities, particularly the Ministry of Industry and Trade, which oversees these activities, have taken numerous actions to regulate them. These measures include advising consumers, reviewing these platforms, and planning to block those that operate without proper registration.

30 November 2024

THE LEVEL OF APPLICATION OF CIRCULATORY BUSINESS IN ENTERPRISES IN VIETNAM IS STILL LOW

THE LEVEL OF APPLICATION OF CIRCULATORY BUSINESS IN ENTERPRISES IN VIETNAM IS STILL LOW

The Central Institute for Economic Management (CIEM) in its report revealed that the concept of circular economy is new to the Vietnamese business community.

29 February 2024

The State Bank calls for credit priority for Mekong Delta rice production and export

The State Bank calls for credit priority for Mekong Delta rice production and export

The State Bank (SBV) requires banks and credit institutions in the Mekong Delta region to promote lending to ensure sufficient capital for rice production, processing, trading and export.

31 January 2024

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