Activities of representative office of foreign Educational Institute in Vietnam

Under Vietnam Law, a Foreign Educational Institute having been operating in Foreign Country for at least 5 years upward, being recognized by competent authority in Foreign Country for its quality can setup a Representative Office in Vietnam. [...]

BELIEF ESTABLISHMENT MUST BE REGISTERED AT LEAST 30 DAYS BEFORE STARTING BELIEF ACTIVITIES

Takes effect on January 01, 2018, the Law on belief and religion No. 02/2016/QH14 passed by the National Assembly on November 18, 2016, emphasizes that the State shall respect and protect the right to freedom of belief and religion of everyone; shall guarantee that all religions are equal before...

Rules of origin provided for in VN – EAEU FTA

On September 20, 2016, the Ministry of Industry and Trade issued the Circular No. 21/2016/TT-BCT providing for the implementation of rules of origin provided for in the free trade agreement between Vietnam and Eurasian Economic Union, the rules of origin provided for in this Circular shall be applied only...
Credit institution must adjust the excessive

Credit institution must adjust the excessive share ownership rate before 2016

Credit institutions coordinates with shareholders, groups of shareholder related to share ownership to set up remedial plans for owning excessive shares , to make sure that no later than December 31, 2015 the share ownership rate of shareholders, group of related shareholders in credit institutions shall comply with the...

Conditions for sports business

On July 01, 2016, the Government issued the Decree No. 106/2016/ND-CP prescribing conditions for sports business. Accordingly, a sports business establishment must have sports physical foundations and equipment satisfying requirements of sports set by the Minister of Culture, Sports and Tourism; have financial sources ensuring the sports business. These financial...
Collecting and processing information

Collecting and processing information about labor supply and demand on july 1 of the same year

On July 24, 2015, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 27/2015/TT-BLDTBXH guiding for collecting, archiving and synthesizing the information of labor market, defining that the time for collecting and processing information about labor supply and demand on is 30 days and from...

Applying special excise duty to beer products based on alcohol content

Based on viewpoints of developing beer – alcohol – beverage industry by balancing the production and consumption between regions nationwide in order to prevent overusing alcoholic beverages, the Minister of Industry and Trade signed the Decision No. 3690/QD-BCT dated September 12, 2016 of the Ministry of Industry and Trade...

To regulate the grant charge of mineral exploitation right

According to Decree No. 203/2013/ND-CP dated November 28, 2013 of the Government on defining the method of calculation and grant charge of mineral exploitation right on which the grant charge of the mineral exploitation right (R) is defined according to group, kind of minerals valued at between 1% and...

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...

REGULATIONS ON GOOD LABELS

Takes effect on June 01, 2017, the Decree No. 43/2017/ND-CP dated April 04, 2017 of the Government on good labels, prescribing that manufacturers and traders of goods in Vietnam; importers of goods must present good labels, exempt for real property; goods temporarily imported for re-export; goods temporarily imported for...