Cases under cancellation of transaction relationship with credit institutions

On December 5, 2013, the State Bank issued Circular No. 27/2013/TT-NHNN, amending and supplementing a number of articles of Ciruclar No. 02/2012/TT-NHNN dated February 27, 2012, on guiding foreign exchange transactions among the State Bank of Vietnam and credit institutions and foreign banks’s branches. [...]

Taxable price of natural water used for hydroelectricity generation

On October 28,2016, the Ministry of Finance issued the Circular No. 174/2016/TT-BTC on amending and supplementing point a Clause 4 Article 6 of Circular No. 152/2015/TT-BTC dated October 02, 2015 by the Ministry of Finance providing guidance on resource royalty. Accordingly, from December 12, 2016, taxable price of natural water...
construction cost management

Decree No. 32/2015/ND-CP of Government  regarding to the construction cost management.

Some significant regulations of the Decree: - Construction costs of each project, construction, contract must be calculated correctly and sufficiently and appropriate for design requirements, technical instructions, construction conditions, market prices at that time, and the construction site. - Investors may hire cost management consultants who are qualified as prescribed in...

TO INCREASE THE IMPORT TAX FOR SYNTHETIC STAPLE FIBERS TO 2%

On August 27, 2015, the Ministry of Finance issued the Circular No. 131/2015/TT-BTC dated August 27, 2015 of the Ministry of Finance amending the preferential import tax rates imposed on synthetic staple fibers of polyesters of HS code 5503.20.00 in preferential import tariff table issued together with Circular No....

RESTAURANT CHIEF MUST NOT CONTRACT WITH 09 DISEASES

On November 12, 2018, the Government issues the Decree No. 155/2018/ND-CP on amendments to some articles related to business conditions under state management of the Ministry of Health. One of the remarkable contents of this Decree is food safety requirements for the food and beverage establishments. To be specific, those...

GUIDING THE DEPRECIATION OF ASSETS BEING HOUSES USED FOR DOING BUSINESS AND SALE

On April 12, 2017, the Ministry of Finance issued Circular No. 28/2017/TT-BTC amending and supplementing a number of articles of the Circular No. 45/2013/TT-BTC dated April 25, 2013 and the Circular No. 147/2016/TT-BTC dated October 13, 2016 guiding the management, use and depreciation of fixed assets. According to this Circular,...

Not allow banks to get investment entrustment on production and business

In accordance with the Circular No. 30/2014/TT-NHNN dated November 06, 2014 of the State Bank of Vietnam providing for the entrustment operations and entrustment taking of credit institutions, foreign bank's branches[...]
pháp luật quy định phạt tiienf 50 triệu với hành vi in hóa đơn giả

Printing counterfeit invoices shall be imposed a fine of vnd 50 mil

In accordance with the regulations at the Circular No. 10/2014/TT-BTC guiding the administrative violations sanction on invoices, from March 02, 2013, organizations shall be imposed a fine of between 2,000,000 and 50,000,000 VND on acts of self-printing counterfeit invoices
accounting regarding taxes

Circuar 212/2014/TT-BTC of Ministry of Finance  on 31/12/2014 relating to guidance on accounting regarding taxes and other revenues for export and import goods

This circular stipulates accounting vouchers, accounts, ledger, reports (financial reporting, management accounting reports) and work-related accounting and tax professional other revenues from exports, imports applied to the objects defined in Article 2 of the Circular.
employees covered by unemployment insurance

Support VND 1 Billion/Person/Month for employees covered by unemployment insurance

This is the content prescribed at the Decision No. 77/2014/QD-TTg dated December 24, 014 of the Prime Minister providing levels of vocational training support for employees covered by unemployment insurance. In particular, from January 01, 2015, the maximum level of vocational training support for employees covered by unemployment insurance...