Fees for flights over the vietnam’s airspace

On October 06, 2016, the Ministry of Finance issued the Circular No. 146/2016/TT-BTC dated October 06, 2016 of the Ministry of Finance providing for fees for flights over the Vietnam’s airspace and the collection, transfer and management thereof. Accordingly, the fee for flight distance over the Vietnam's airspace under 500...

PAYMENT OF TRANSACTION OF FOREIGN CURRENCY TRANSACTION MUST NOT EXCEED TWO WORKING DAYS

In accordance with the Circular No. 15/2015/TT-NHNN dated October 02, 2015 of the State Bank of Vietnam guiding on foreign exchange transactions of Credit Institutions that are permitted to engage in foreign exchange transactions, parties shall decide on payment of transaction for spot transaction, spot transaction on swap transaction...

Exempting the import tax for 5 year for medical equipments

This is the content prescribed at the Decision No. 54/2014/QD-TTg dated September 19, 2014 of the Prime Minister on exempting the import tax for devices for manufacturing and assembling the medical equipments with high priority.[...]
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...

Time for granting a telecommunications service provision license is 15 days

This is the content of the Decree No. 81/2016/ND-CP dated July 01, 2016 of the Government amending and supplementing a number of articles of the Government’s Decree No. 25/2011/ND-CP dated April 06, 2011, detailing and guiding the implementation of a number of articles of the Law on Telecommunications. In particular,...
Law on amending and supplementing some articles of the Law on Enterprise Income Tax

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[...]
Import of steel scraps must deposit from 10% - 20%

Import of steel scraps must deposit from 10% – 20%

In order to ensure that scrap importers take responsibility for handling environmental risks and pollution which may arise from the imported scrap lots, in the Decree No. 38/2015/ND-CP dated April 24, 2015 on the management of wastes and scraps, the Government requires scrap importers to pay deposits at Vietnam...
TO CHANGE ORGANIZATIONAL STRUCTURE OF MINISTRY OF INFORMATION AND TELECOMMUNICATIONS

To change organizational structure of Ministry of information and telecommunications

On October 16, 2013, the Ministry of Information and Telecommunications promulgated Decree No. 132/2013/ND-CP, defining the functions, tasks, powers and organizational structure of the Ministry of Information and Communications.[...]

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...
To invest vnd 336,630 Billion for long thanh international airport project

To invest vnd 336,630 Billion for long thanh international airport project

In order to construct Long Thanh International Airport of grade 4F according to the gradation by International Civil Aviation Organization (ICAO) as an important international airport of Vietnam, to be one of the international aviation transit centers of the region, on June 25, 2015, the National Assembly passed the...