Subjects under polices of extension for agricutural land use duaration

On October 15, 2013, the Government issued Decree No. 126/ND-CP on guiding the implementation of national assembly’s resolution No. 49/2013/QH13 of June 21, 2013, on extension of the duaration of land use for cultivation of annual drops, aquaculture or salt making of households and individuals. Accordingly, in case land use...

Retail raw materials that contain addictive ingredients

In accordance with the Circular No. 19/2014/TT-BYT dated June 02, 2014 of the Ministry of Health managing the addictive drugs, psychotropic drugs, and drug precursor substances[...]

Salaries for employees joint-stock companies with state controlling stakes

In accordance with the Decree No. 53/2016/ND-CP dated June 13, 2016 of the Government regulating on management of  employees, salaries, remunerations and bonuses by joint-stock companies with State controlling stakes. Employee salaries are according to payroll budget and the reality, every company shall determine the piece rate for production/business...

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...
The policies on redundancy to employees in the company when restructuring the state companies

The policies on redundancy to employees in the company when restructuring the state companies

On July 22, 2015, the Government issued the Decree No. 63/2015/ND-CP dated July 22, 2015 of the Government providing the policies towards redundant employment in accordance with the restructuring of state-owned one member limited companies. Accordingly, policies towards redundant employees that are recruited before April 21st, 1998 or before April...

On energy consumption norms in beer and beverage production industry

Takes effect on November 01, 2016, the Circular No. 19/2016/TT-BCT dated September 14, 2016 of the Ministry of Industry and Trade on energy consumption norms in beer and beverage production industry in the period to the end of 2020 and the period from 2021 to the end of 2025. Particularly,...

Fees for issuance of the license for establishment of a bank is VND 140 million/license

This is the important content prescribed at the Circular No. 150/2016/TT-BTC dated October 14, 2016, providing for fees for issuance of license for establishment and operation of credit institutions; license for establishment of foreign banks’ branches, representative offices of foreign credit institutions or other foreign organizations having banking activities;...
Gold jewelry with gold content of under 95% having export tax at 0%

Gold jewelry with gold content of under 95% having export tax at 0%

The Ministry of Finance has issued the Decision No. 788/QD-BTC dated April 27, 2015 on promulgating new administrative procedures on export of gold jewelry, goldsmiths’ wares and other golden articles in subheadings 71.13, 71.14, 71.15 of export tax schedule in the field of customs under the authority of Ministry...

Guides on declaration of value-added tax and incentives for projects manufacturing supporting industry products

On February 05, 2016, the Ministry of Finance issued the Circular No. 21/2016/TT-BTC guiding on declaration of value added tax and priorities of enterprise income tax as stipulated under the Decree No. 111/2015/ND-CP dated November 03, 2015 on development of supporting industries. Accordingly, for tax payers being organizations manufacturing supporting...

Reducing electricity selling price from june 01,2014

The Minister of Industry and Trade issued the Decision No. 4887/QD-BCT dated May 30, 2014 dated May 30, 2014 of the Ministry of Industry and Trade on electricity selling price.[...]