Banks must converse basic foreign exchange activities before November of 2017

On October 05, 2016, the State Bank of Vietnam issued the Circular No. 28/2016/TT-NHNN on amending and supplementing a number of articles of Circular No. 21/2014/TT-NHNN of August 14, 2014, of the Governor of the State Bank of Vietnam, guiding the scope of foreign exchange activities and the conditions,...

To 2025, every household shall be given support to develop production

In order to maintain, develop and enhance the position of the sparse ethnic minorities; lessen and eradicate poverty, ameliorate sustainably the material and spiritual life of the compatriots in order to narrow the growth gap with other local ethnic groups, Decrease the annual ratio of poor households to 7%...

Principles of managing and using fees and charges

On August 23, 2016, the Government promulgates the Decree No. 120/2016/ND-CP on detailing and guiding the implementation of a number of Articles of the Law on Fees and Charges. Under this Decree, fees from public services provided by state agencies shall be paid to state budget, except for cases...
brand name is not listed in the procurement bidding dossiers

brand name is not listed in the procurement bidding dossiers

Procurement bidding dossiers not allowed to list the brand name, specific origin of goods which can cause unfair competition is the important content prescribed at the Circular No. 05/2015/TT-BKHDT dated June 16, 2015 of the Ministry of Planning and Investment detailing the making of goods procurement bidding dossiers. On taxes,...

Free for renunciation of Vietnamese nationality

This is one of important contents prescribed at the Decree No. 97/2014/ND-CP dated October 07, 2014 of the Government amending and supplementing a number of articles of the Government’s Decree No. 78/2009/ND-CP of September 22, 2009, detailing and guiding a number of articles of the Law on Vietnamese Nationality…[...]

TO ESTABLISH THE DIRECTORATE OF NATURAL DISASTER PREVENTION AND CONTROL

This is the content prescribed at the Decree No. 15/2017/ND-CP of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Agriculture and Rural Development and takes effect on February 17, 2017. In particular, beside units in the previous regulations such as the Department of Crop...

To reduce pit of individuals working in the IT industry by 50%

This is one of the most important solutions on tax incentives for developing and applying information technology in Vietnam issued with the Resolution No. 41/NQ-CP dated May 26, 2016 of the Government. In particular, beside the policy that personal income tax on salary-based and wage-based incomes of individuals working in...
Banking

May borrow loans from commercial banks not exceeding 70% of the total investment

In accordance with the Decree No. 67/2014/ND-CP dated July 07, 2014 of the Government on a number of fisheries development policies, from August 25, owners of fishing ships or fishery logistics ships conducting fisheries activities with efficiency[...]
languages in teaching

Allowed to use foreign languages in teaching

The Prime Minister has just signed the Decision No. 72/2014/QD-TTg dated December 17, 2014 of the Prime Minister on teaching and learning in foreign language at schools and other educational institutions, any foreign language may be used partially or entirely to teach learners at general education level in Vietnam...

From july 01, 2016, the driver must print the bill

From July 01, 2016, taxi must have the printing equipment connected with the taximeter; the driver must print the bill and hand it to passenger is the important content at the Decree No. 86/2014/ND-CP of the Government business and transportation business’s conditions for car.[...]