TO SUPPLEMENT THE UNITS IN INSPECTION ACTIVITIES OF SCIENCE AND TECHNOLOGY

On March 15, 2017, the Government issued the Decree No. 27/2017/ND-CP dated March 15, 2017 of the Government amending and supplementing a number of articles of the Decree No. 213/2013/ND-CP dated 20 December 2013 of government regulations on the organization and inspection activities of science and technology. Within that, the...

FROM JULY 01, 2016, ALL ENTERPRISES CONDUCTING REAL ESTATE TRADING MUST HAVE LEGAL CAPITAL OF VND 20 BILLION

At the Decree No. 76/2015/ND-CP dated September 10, 2015 of the Government guiding a number of articles of the Law on Real Estate Trading, the Government also emphasizes that enterprise wishes to conduct real estate trading must set up an enterprise or cooperatives which has an amount of legal...
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Reducing the average poverty rate by 1.5%/year

This is one of the economic – social objectives directed by the Prime Minister at the Directive No. 22/CT-TTg on the elaboration of the 05 year socio-economic development plan from 2016 to 2020[...]

MANY CASES OF EXEMPTION FROM SEVERANCE TAX

On October 02, 2015, the Ministry of Finance issued the Circular No. 152/2015/TT-BTC guiding the severance tax, and the taxable items are metallic minerals; non-metallic minerals; products of natural forests; natural aquatic organisms, including marine animals and plants; natural water; natural bird’s nests other than those collected from construction...

Guidelines on late payment interest for tax debts

On August 12, 2016, the Ministry of Finance promulgated the Circular No. 130/2016/TT-BTC guiding the Government Decree No. 100/2016/ND-CP on the implementation of the Law on amendments to certain articles of the Law on value added tax, the Law on special excise tax and the Law on tax administration...

BANKS MUST MAINTAIN THE MINIMUM CAPITAL ADEQUACY RATIO OF 8%

Takes effect on January 01, 2020, the Circular No. 41/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam prescribing prudential ratios for operations of banks and/or foreign bank branches. One of the most important content is that banks without subsidiary companies and/or foreign bank branches must maintain the...

To issue 04 registration forms of copyright and related rights

On July 02, 2016, the Ministry of Culture, Sports and Tourism issued the Circular No. 08/2016/TT-BVHTTDL on promulgating registration forms of copyright and related rights. Accordingly, agencies, organizations and individuals involved in the registration of copyright and related rights and 04 registration forms issued with this Circular includes: Declaration form...

To inspect and penalize strictly the trafficking of ivory online

In order to prevent and fight effectively the organized crime of selling ivory, rhino horn and products made from endangered and rare wild animals, on September 17, 2016, the Prime Minister issued the Directive No. 28/CT-TTg on urgent solutions for preventing and fighting the violation of wild animals against...

In 2020, GDP per capita is approximately 3,200 – 3,500 USD

The Resolution No. 142/2016/QH13 on 5-year socio- economic development plan from 2016-2020 passed by the National Assembly on April 12, 2016, Stabilize the macro- economy and boost the growth of national economy; restructure the economy, improve productivity and competitiveness.   Foster   national   cultures,   democracy, social justice, social welfare and security… The...
Not required to be implement the inspection conclusions pending instructions

Not required to be implement the inspection conclusions pending instructions

On March 27, 2014, the Government issued the Decree No. 33/2015/ND-CP prescribing the implementation of inspection conclusions, within that, the inspection conclusions shall be strictly abided by inspected subjects and related agencies, organizations and individuals, the implementation of inspection conclusions shall be supervised, urged and examined by competent state...