Audits of projects financed by the governments on-lending of foreign borrowed funds

Takes effect on July 20, 2016, the Circular No. 79/2016/TT- BTC dated June 06, 2016 of the Ministry of Finance guiding the implementation of the financial audits of programs or projects financed by the Government’s on-lending of foreign borrowed funds on Auditing of eligibility to qualify for on-lent funds;...
legal updates 003

AGRICULTURAL ENTERPRISES SHALL BE SUPPORTED WITH VND 1 MILLION/M2 IN BUILDING FACTORY

In accordance with the Circular No. 05/2014/TT-BKHDT issued by the Ministry of Planning and Investment on September 30, 2014 guiding the implementation of the Government’s Decree No. 210/2013/ND-CP of December 19, 2013, on incentive policies for enterprises investing in agriculture and rural areas. Enterprises may select the compliance with...

Conditions for drug business to a drug retailer

On July 01, 2016, the Government issued the Decree No. 102/2016/ND-CP dated July 01, 2016 of the Government on drug business requirements. In particular, the drug retailer other than an herbal ingredient retailer when the retailing place is fixed, isolated, airy, safe, away from sources of pollution and has a...
online taxdeclaration.

Dispatch No. 965/TCT-CNTT of General Department of Tax  on 20/03/2015 on  online taxdeclaration.

To ensure the online tax declaration activities, limited the overload and stuck situation when the Company declare the tax via internet in the pick period, July 2014, General Department of Tax deploy the solution of converting  online tax dossier from PDF to XML format. After the actual operation, to...

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...
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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...

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.[...]

Restricted activities within a coast protection corridor

The Government issued Decree No. 40/2016/ND-CP on May 15, 2016 detailing a number of articles of the Law on Marine and Island Resources and Environment; in which the most important provision is about restricted activities within a coast protection corridor. Accordingly, exploitation of groundwater may be conducted only in emergency...

Supports for career change for victims of occupatonal accident

According to Decree No. 37/2016/ND-CP dated May 15, 2016 of the Government detailing and guiding the implementation   of   certain   articles   of   the   Law   on occupational safety and health with regard to compulsory insurance for occupational accidents and occupational diseases, employee shall receive tuition support for attending training courses for change...

Applying anti-dumping measures on certain cold-rolled stainless steel coils or plates

This is the content at the Decision No. 7896/QD-BCT dated September 05, 2014 of the Ministry of Industry and Trade on applying anti-dumping measures.[...]