Encourage to provide for the voluntary supplemental retirement program
At the Decree No. 88/2016/ND-CP dated July 01, 201 of the Government on voluntary supplemental retirement program. The Government encourages developing voluntary supplemental retirement programs by means of incentive policies provided for in laws on taxation and investment results and payment rates made by retirement funds shall not be...
Development of infrastructure
On September 06, 2016, the Prime Minister issued the Decision No. 1734/QD-TTg on granting approval for project “Policies on synchronous development of infrastructure in the country, linking domestic infrastructure development with regional infrastructure networks”.
At this project, the Prime Minister asked Ministries, Ministerial-level agencies and related agencies focus on the...
Credit institutions freeze debts to refinanced people engaged in shrimp and catfish rearing
On September 16, 2014, the State Bank of Vietnam issued the Circular No. 26/2014/TT-NHNN regulating on refinancing for credit institutions in Vietnam dong according to the Decision No. 540/QD-TTg dated April 16, 2014 of the Prime Minister on the credit policy vis-à-vis shrimp and catfish rearing.[...]
CONDITIONS FOR FACTORING ACTIVITY
On May 17, 2017, the State Bank of Vietnam issued the Circular No. 02/2017/TT-NHNN stipulating on factoring activity of credit institutions, foreign banks’ branches.
The Circular prescribing that for customers being residents, factoring unit shall consider and decide on factoring when customers being legal status that has legal personality of...
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...
Supplement guarantee insurance as the non-life insurance
On July 09, 2014, the Government issued the Decree No. 68/2014/ND-CP amending, supplementing a number of articles of the Decree No. 45/2007/ND-Cp dated March 27, 2007 of the Government detailing the implementation of a number of articles of the Insurance Business Law[...]
Apec business travel card shall be valid for 5 years
Ministry of Public Security issued Circular No. 28/2016/TT-BCA on July 05, 2016 on implementation of regulation on issuance and management of APEC business travel cards.
According to this Circular, APEC business travel cards may function as an entry visa into countries and territories as members of APEC business travel cards....
Responsibilities of trade unions in state management and socio- economic management
According to the Decree No. 200/2013/ND-CP dated November 26, 2013 of the Government detailing Article 11 of the Law on Trade Unions on the rights and responsibilities of trade unions to participate in state management and socio-economic management. When sectors, localities and units, and policies formulate the socio-economic development...
Issue notification of classification results is within 5 working days
This is the content prescribed at the Circular No. 14/2015/TT-BTC dated January 30, 2015 of the Ministry of Finance guiding the classification, analysis for classification; analysis for quality inspection and food safety inspection of exports and imports.
Accordingly, within 5 working days, or 20 working days in case the analysis...
60 days is the time limit for storage in Vietnam of goods temporarily imported for re – export
On July 07, 2014, the Ministry of Finance issued the Circular No. 94/2014/TT-BTC prescribing customs procedures, inspection and supervision of a number of types of goods temporarily imported for re-export, transferred from border gate to border gate and consigned to bonded warehouses, and handling of cases of refusal to receive goods.[...]
