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....

Assess the compliance with the tax law

On December 21, 2015, the Ministry of Finance issued the Circular No. 204/2015/TT-BTC providing for application of risk management in tax management including tax registration, declaration, payment, tax debt and enforcement of implementation of administrative decisions on tax, tax refund, tax verification and inspection, creation, printing, issue, management and...

Surrogacy arrangement in Vietnam

Question: I would like to know about surrogacy arrangement which is carrying of a pregnancy for intended parents. A couple (Non-Resident of Vietnam) who attempted IVF with no success and they have embryos stored in Thailand.We select a surrogate mother who is our relative and would like to go through...
reduce the import tax of motor

To reduce the import tax of motor sprint by 20% from april 14, 2015

On April 13, 2015, the Ministry of Finance issued the Circular No. 48/2015/TT-BTC amending the preferential import tax rates applicable to a number of items in subheading 27.10 of preferential import tariff. Accordingly, from April 14m 2015, the preferential import tax for a number of items of biogasoline and...

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;...
Terrestrial cell phones consigned are exmpt from import license

Terrestrial cell phones consigned are exmpt from import license

On November 26, 2014, the Ministry of Information and Communications promulgates the Circular No. 18/2014/TT-BTTTT detailing the Government’s Decree No. 187/2013/ND-CP of November 20, 2013, on the grant of import licenses for radio transmitters and radio transceivers; deciding terrestrial cell phones that are consigned together or not together with...
reserves of foreign exchange

New regulations on the management of state foreign exchange reserves

On May 20, 2014, the Government issued the Decree No. 50/2014/ND-CP on the management of State foreign exchange reserves.

INVESTORS IN THE AUCTION TO BUY SHARES IN BLOCKS ARE NOT REQUIRED TO HOLD A PUBLIC PROCUREMENT

Taking effect on the signing date, the Decision No. 41/2015/QD-TTg issued by the Government on September 15, 2015 on selling shares in blocks deals with withdrawal of state capital of unlisted public companies from joint-stock companies that have not been listed or registered on Upcom (Hanoi Stock Exchange), the...

TEACHERS OF COLLEGE LEVEL MUST HAVE TEACHING TIME AT LEAST FROM 01 YEAR

In accordance with the Circular No. 08/2017/TT-BLDTBXH dated March 10, 2017 of the Ministry of Labor, War Invalids and Social Affairs on standards in qualifications of vocational education teachers; teachers of college level  must have at least 12-month teaching experience; obtain at least a certificate of vocational pedagogy at...

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...