Approval procedure for activities of export, import of foreign currency in cash
On December 26, 2013, the Vietnam State Bank issued the Circular No. 33/2013/TT-NHNN providing guidelines upon approval procedure for activities of export, import of foreign currency in cash of permitted banks.
Under this Circular, commercial banks, branches of foreign banks permitted that have demand on export and import of foreign...
Management of employees in state-owned one-member limited liability company
Takes effect on August 01, 2016, Decree No. 51/2016/ND- CP of the Government on management of employees, salaries, bonuses of employees in single-member limited liability companies of which charter capital is wholly owned by the State, includes: Parent companies of State-owned economic corporations or State-owned general companies or parent...
Encourage to participate in the voluntary pension program
This is the content prescribed at the Decision No. 144/QD-TTg dated January 20, 2014 of the Prime Minister on Approving the scheme on formation and development of the voluntary pension program in Vietnam[...]
Must having payment of deposits for scraps import
This is the content of the Law No.55/2014/QH13 on Environmental Protection passed by the National Assembly on June 23, 2014.[...]
Exempt electricity activity permit for generating electricity
On May 29, 2015, the Ministry of Industry and Trade issue the Circular No. 10/2015/TT-BCT providing the order and procedure for issue, revocation and duration of electricity activity permit, within that, the most important content is on exemption from electricity activity permit.
Accordingly, beside the case of exempting the electricity...
FROM NOVEMBER 23, FEE PAID FOR SINGLE-ENTRY VISA IS REDUCED TO USD 25
This is one of the significant contents regulated under the Circular No. 157/2015/TT-BTC dated October 08, 2015 promulgating on collection, payment, and management of fees for issuance of passports, visas, documents for entry, exit, transit, and residence in Vietnam.
Accordingly, from November 23, 2015, fee paid for single-entry visa is...
Fees for issuance of the license for establishment of a bank is VND 140 million/license
This is the important content prescribed at the Circular No. 150/2016/TT-BTC dated October 14, 2016, providing for fees for issuance of license for establishment and operation of credit institutions; license for establishment of foreign banks’ branches, representative offices of foreign credit institutions or other foreign organizations having banking activities;...
Supervision of state enterprises in the observance of law
In order to assist state management agencies and owners in detecting weaknesses in business activities of state enterprises[...]
REGULATIONS ON GUIDING THE ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACTS
On December 30, 2016, the Ministry of Construction issued the Circular No. 30/2016/TT-BXD on guiding the engineering, procurement and construction contracts (EPC contract).
In accordance with the regulations in this Circular, an EPC contract applies solely to construction projects and contract packages of which execution time is required to be...
Operation conditions for flnancial company
On May 07, 2014, the Government issued the Decree No. 39/2014/ND-CP on operation of financial company and financial leasing company[...]
