PAYMENT OF TRANSACTION OF FOREIGN CURRENCY TRANSACTION MUST NOT EXCEED TWO WORKING DAYS

In accordance with the Circular No. 15/2015/TT-NHNN dated October 02, 2015 of the State Bank of Vietnam guiding on foreign exchange transactions of Credit Institutions that are permitted to engage in foreign exchange transactions, parties shall decide on payment of transaction for spot transaction, spot transaction on swap transaction...
gavel_scale_of_justice_400_clr_2880

the application of the automatic import licensing regime to a number of fertilizer products

The Ministry of Industry and Trade issued the Circular No.35/2014/TT-BCT dated October 15, 2014 prescribing the application of the automatic import licensing regime to a number of fertilizer products, including urea, whether or not in aqueous solution; mineral or chemical fertilizers containing the three fertilizing elements, namely nitrogen, phosphorus and...
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...

Processing goods left at the airport

On January 27, 2014, the Ministry of Finance issued the Circular No. 15/2014/TT-BTC guiding to process goods left in the area of customs supervision, including abandoned goods; goods lost without receiver[...]

IN 2017, VIETNAM IMPORTS MORE THAN 50.000 DOZENS OF POULTRY EGGS

On March 03, 2017, the Ministry of Industry and Trade issued  the Circular No. 03/2017/TT-BCT on prescribing principles of regulation of import tariff quotas for salt and poultry eggs in 2017. This Circular also shows that the Ministry of Industry and Trade still remains import tariff quotas in 2017 for...

Conditions on issuance of license for establishment of representative offices in vietnam

The Decree No. 07/2016/ND-CP detailing the Trade Law on representative offices, branches of foreign businesses in Vietnam issued by the Government on January 25, 2016; within that, the most important content is that a foreign business can not establish more than one representative office or branch that has the...

GUIDING THE ISSUANCE THE RECEIPT OF CHARGES AND FEES

On November 15, 2016, the Ministry of Finance issued Circular No. 303/2016/TT-BTC guiding the printing, issuance, management and use of documents for the collection of charges and fees belonging to the State budget. Accordingly, receipt issuance notices shall be made for receipts printed on orders placed by provincial-level Tax Departments...

Publishing houses must have at least 200 m2 for use

At the Decree No. 195/2013/ND-CP dated November 21, 2013 of the Government detailing a number of articles of, and measures for implementing, the Publication Law[...]

Allowed to change the land use purpose from agricultural land to residential land for resettlement

The Ministry of Natural Resources and Environment has just issued the Circular No. 37/2014/TT-BTNMT dated June 30, 2014 detailing compensation, support and resettlement upon land recovery by the State.[...]

THE INVESTOR IS ALLOWED TO DIRECTLY MANAGE CONSTRUCTION PROJECTS WITH LESS THAN VND 15 BILLION

Takes effect on June 01, 2017, the Decree No. 42/2017/ND-CP dated April 05, 2017 of the Government on amendments to the Government's Decree No. 59/2015/ND-CP dated June 18, 2015 on management of construction investment projects, to allow that the investor shall use its legal status and qualified affiliated units...