Legal Document Updates in English (48/2020)

CONTENTS OF THE SET OF TEST QUESTIONS
FOR GRANT OF ARCHITECTURE PRACTICE CERTIFICATES

The Decree No. 85/2020/ND-CP detailing a number of articles of the Law on Architecture is issued by the Government on July 17, 2020.

Accordingly, the Vietnam Association of Architects shall, after reaching a written agreement with the Ministry of Construction, develop and issue programs and documents serving tests and a set of test questions for grant of architecture practice certificates. Contents of the set of test questions with the maximum score of 100 points, consisting of: 10 questions on professional experience; 05 questions on legal knowledge; 05 questions on professional knowledge; 05 questions on the Code of professional conduct for practicing architects.

Also in accordance with this Decree, a dossiers for grant of architecture practice

3 CASES WHERE A SECURITIES TRADING INSTITUTION
IS PLACED IN THE STATE OF WARNING

The Ministry of Finance issues the Circular No. 91/2020/TT-BTC prescribing prudential ratios and remedies to be taken by securities trading institutions that fail to achieve these ratios on November 13, 2020.

The State Securities Commission shall issue a decision to place a securities trading institution in the state of warning if its liquidity ratio is between 150% and less than 180% in all reporting periods for 03 consecutive months; or its liquidity ratio reviewed or audited by an accredited audit firm is between 150% and under 180%.

The third case where a securities trading institution is placed in the state of warning is prescribed as follow: In a prudential ratio report, an accredit audit firm gives modified opinions (or adverse opinions), makes a disclaimer of opinions (or is

VIETNAM STOPS IMPORT OF WILD ANIMALS

The Prime Minister issues the Directive No. 29/CT-TTg on a number of urgent solutions for wildlife management on July 23, 2020.

Accordingly, in order to ensure the strict implementation of the law on wildlife management, the Prime Minister requests: To stop import of wild animals, whether alive or dead; Ministries shall, within the ambit of their functions and competence, review relevant legal documents in order to propose competent authorities to revise or add sanctions; To resolutely eliminate marketplaces and places for illegal trade of wild animals; To strictly control and handle acts of illegally hunting, catching, trading in, transporting wild animals; etc.

In addition, the Ministry of Agriculture and Rural Development shall evaluate the actual situation of pilot farming of tigers as approved in the Document No. 1761/VPCP-NN; intensify measures to supervise animal epidemics and veterinary

THE FOREST CONVERSION MUST CONFORM TO THE FORESTRY MASTER PLAN

On July, 15, 2020, the Government issues the Decree No. 83/2020/ND-CP amending and supplementing a number of articles of the Government’s Decree No. 156/2018/ND-CP of November 16, 2018, detailing a number of articles of the Law on Forestry.

To be specific: to add criteria for identifying projects allowed for conversion of natural forests as follows: Projects of national importance as prescribed; Projects serving national defense or security as certified in writing by the Ministry of National Defense or the Ministry of Public Security; Urgent projects in need of conversion of natural forests; Projects for which investment policy has been approved or in which investment has been decided by competent authorities.

Besides, the approval of the policy of conversion of natural forests must satisfy the following criteria: Having an investment project proposal in accordance with the laws on investment and public investment; Conforming with the

TO AMEND AND SUPPLEMENT THE PROCEDURE
FOR PURCHASE OF A SEAGOING SHIP WITH STATE FUNDS

The Government issues the Decree No. 86/2020/ND-CP on amending and supplementing a number of articles of the Government’s Decree No. 171/2016/ND-CP of December 27, 2016, on registration, deregistration, purchase, sale and building of seagoing ships on July 23, 2020.

According to the new regulations, the purchase of a seagoing ship with state funds shall be carried out according to the following procedure with 05 steps: Approving the ship purchase policy; Selecting a ship, estimating purchase prices and expenses related to the purchase transaction; Preparing, appraising and approving a seagoing ship purchase project; Deciding the ship purchase; Completing ship purchase procedures. The sale of a state-invested seagoing ship shall also be carried out in accordance with a procedure with 05 steps.