Apec business travel card shall be valid for 5 years
Ministry of Public Security issued Circular No. 28/2016/TT-BCA on July 05, 2016 on implementation of regulation on issuance and management of APEC business travel cards.
According to this Circular, APEC business travel cards may function as an entry visa into countries and territories as members of APEC business travel cards....
To apply temporary antidumping duties for several items of steel
This is a content regulated in Decision No. 9990/QD-BCT dated December 25, 2013 of the Ministry of Industry and Trade of Vietnam on application of temporary antidumping duties. [....]
Prohibit selling a drug at a price higher than its declared or posted price
From January 01, 2017, to prohibit to sell a drug at a price higher than its declared or posted price; Manufacturing, preparing or selling traditional drugs combined with pharmaceutical ingredients without permission of a competent state management agency, providing information, advertising, marketing, making prescriptions for, providing consultations on, labeling...
VISA EXEMPTION FOR OVERSEAS VIETNAMESE
Taking effect on November 15, 2015, the Decree No. 82/2015/ND-CP dated September 24, 2015 of the Government prescribing visa exemption for overseas Vietnamese and foreigners who are spouses or children of overseas Vietnamese or Vietnamese citizens, having a passport or an international travel document valid for at least 1...
Restricted activities within a coast protection corridor
The Government issued Decree No. 40/2016/ND-CP on May 15, 2016 detailing a number of articles of the Law on Marine and Island Resources and Environment; in which the most important provision is about restricted activities within a coast protection corridor.
Accordingly, exploitation of groundwater may be conducted only in emergency...
Agriculture company suffers a loss for three consecutive years shall be dissolved
This is the content prescribed at the Decree No. 118/2014/ND-CP dated December 17, 2014 of the Government on restructuring, developing and improving the agriculture and forestry companies.
In particular. an agriculture company shall be dissolved if it suffers a loss for three consecutive years because of subjective reasons with cumulative...
Staying overnight must register with local commune-level public security offices
In accordance with the Decree No. 34/2014/ND-CP dated April 29, 2014 on promulgating the Regulation on land border areas of the Socialist Republic of Vietnam, Vietnamese citizens (except border inhabitants) and foreigners entering land border areas and staying overnight shall register [...]
VAT rate for unprocessed processed cultivation, husbandry or quatic products
On June 26, 2014, the Ministry of Finance issued the Circular No. 83/2014/TT-BTC guiding the application of value-added tax according to Vietnam’s list of imports; within that the most important content is the VAT rate applicable to unprocessed or preliminarily processed cultivation, husbandry or aquatic products, and fresh or raw foods at the stage of trading.[...]
Destroy pangasius products on the use of illegal chemicals additives
On July 29, 2014, the Ministry of Agriculture and Rural Development issued the Circular No. 23/2014/TT-BNNPTNT guiding the implementation of the Decree No. 36/2014/ND-CP dated April 29, 2014 of the Government on raising, processing, and exporting pangasius[...]
BANKS MUST MAINTAIN THE MINIMUM CAPITAL ADEQUACY RATIO OF 8%
Takes effect on January 01, 2020, the Circular No. 41/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam prescribing prudential ratios for operations of banks and/or foreign bank branches.
One of the most important content is that banks without subsidiary companies and/or foreign bank branches must maintain the...
