Vietnam is one of the fastest-growing economies in the world. The low cost of living and highly qualified population make it an ideal location for foreign companies who are looking to branch out and invest. However, expanding internationally has its disadvantages as well. Not knowing the local laws and regulations makes it a thousand times harder to open a company overseas.
Permit For Buying Economic News From Foreign News Agencies
Permit for buying economic news from foreign news agencies: In order to control and supervise the purchase of economic news by organizations, enterprises, financial institutions, banks, etc.
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Table of contents
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Permit for buying economic news from foreign news agencies
Purpose
In order to control and supervise the purchase of economic news by organizations, enterprises, financial institutions, banks, etc.
Application form, which clearly state the purposes, contents of the news need buying, headquarter, the place where the news-receivers are located
CVs of the person who responsible for exploring, managing the news
The process
Unspecified
How long it will take to process the application?
Unspecified
Inspecting authorities
Ministry of Culture and Information
Non-compliance penalty
The handling of violations of the stipulations shall comply with the provisions of the Government’s Decree No.31/2001/ND-CP dated June 26, 2001 on sanctions against administrative violations in the field of culture and information
Legal texts regulating this license
QD-TTg_Ds_1993_118
QD-BC_Ds_1993_776
Other useful information
The domestic organizations and foreign enterprises, international organizations who buy economic news are allowed to use the news among themselves; not allowed to re-sell or broadcast on mass medias.
The organizations that buy economic news are allowed to sign the contracts with foreign news agencies after being granted the permits by the Ministry of Culture and Information
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