The level of advance payment must not exceed 50% of the contract value
In accordance with the Decree No. 37/2015/ND-CP dated April 22, 2015 of the Government prescribing in detail construction contracts, within that, the level of advance payment must not exceed 50% of the contract value.
In special cases, this level shall be permitted by the competent investment decider, or by the...
Duty-free allowances for luggage whose total customs value does not exceed VND 10 million
In accordance with the Decree No. 134/2016/ND-CP dated September 01, 2016 of the Government on guiding the Law on Export and Import duties, each time a person immigrates under a passport or a passport substitute (except for laissez-passers) issued by a Vietnamese authority or foreign authority, he/she shall be...
ACCOUNTING DOCUMENTS TO BE RETAINED FOR AT LEAST 10 YEARS
This is the content prescribed at the Decree No. 174/2016/ND-CP dated December 30, 2016 of the Government on detailing a number of articles of the Law on Accounting, takes effect on January 01, 2017.
In particular, Accounting records; Detailed accounting books and overall accounting books; Financial statements; budget statements; consolidated...
Import conditions of automobiles and motorcycle for repatriated overseas Vietnamese citizens
On February 12, 2014, the Ministry of Finance issued the Circular No. 20/2014/TT-BTC prescribing the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are permitted to register permanent residence in Vietnam.
Within that, the most important contents are the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are Overseas Vietnamese citizens [...]
Law on Commercial Arbitration of Vietnam 2010
Law on Commercial Arbitration of Vietnam was passed on June 17, 2010, by the XIIth National Assembly of the Socialist Republic of Vietnam [.....]
FEES FOR CITIZEN IDENTIFICATION CARD IS VND 50.000/CARD
In accordance with the Circular No. 170/2015/TT-BTC dated November 09, 2015 of the Ministry of Finance providing on collection rate, collection regime and management of fees for citizen identification card, citizens being 14 years old or over process the procedures of granting the citizen identification card for the first...
Supporting policy for employees suspending work who face difficulties due to the outbreak of pandemic COVID-19
The regulations prescribed in Resolution 126/NQ-CP amending Resolution 68/NQ-CP in 2021 on supporting policies for employees and employers facing difficulties due to the outbreak of pandemic COVID-19.
Accordingly, supporting policy for employees suspending work is amended as follows:
- Employees working under labor contract are suspended due to reason...
Changes in organizational structure of the state bank of Vietnam
On November 11, 2013, the Government issued the Decree No. 156/2013/ND-CP of November 11, 2013, defining the functions, tasks, powers and organizational structure of the State Bank of Vietnam[...]
Legal News on January 2019
In January of 2019, many legal policies shall be effective, SBLAW would like to inform Customer and our associates a summary of these legal documents:
Law on Cybersecurity shall officially come into effect
The Law on Cybersecurity 2018 provides national security protection, social order and safety maintenance in the cyberspace, and...
To develop the national animal husbandry database
The Law No. 32/2018/QH14 is promulgated by the National Assembly on November 19, 2018 provides the regulation for raising of livestock, rights and obligations of organizations and individuals involved in animal husbandry…
National animal husbandry database refers to an animal husbandry-related information system which is developed in such a way...
