Vietnam: Methods of handling business establishments that do not meet security and order conditions

14:35, 25/12/2017

The Ministry of Public Security of Vietnam issued Circular No. 42/2017/TT-BCA on guidelines for a number of articles of Decree No. 96/2016/NĐ-CP of Vietnam’s Government on providing for security requirements applied to certain business lines. Circular No. 42/2017/TT-BCA takes effect from December 06, 2017.

According to Circular No. 42/2017/TT-BCA of the Ministry of Public Security of Vietnam, if the business establishment does not fulfill one of the security requirements, it shall be handled as follows:

- Request the business establishment to suspend its business sectors or stages of an investment progress. At the same time, request the business establishment to provide remediation on violations of security requirements within 40 days;

- If the business establishment submits a written report on fulfillment of all security requirements, the competent police authority shall inspect and approve directly on the record for the business establishment to continue its suspended business sectors or stages of an investment progress if the report is valid;

- If the business establishment does not fulfill all security requirements within the time limit specified above, the competent police authority shall issue the decision on revocation of the security certificate for the suspended business sectors or stages of investment progress with no time limit.

View more regulations on post-issuance inspection at Circular No. 42/2017/TT-BCA of the Ministry of Public Security of Vietnam, which replaces Circular No. 33/2010/TT-BCA.

- Thanh Lam -

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

17 lượt xem

- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn