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[...]

Providing the maximum interest rate applicable to vnd dposits

At the Circular No. 07/2014/TT-NHNN providing for the maximum interest rate applicable to VND deposits of entities, individuals at credit institutions[...]

THE CARRIER MAY SELL CARGO IF THERE IS NO CONSIGNEE AT AUCTION

In accordance with the Decree No. 169/2016/ND-CP dated December 27, 2016 of the Government on handling of cargo retained by carriers at Vietnamese seaports. Within 60 days from the day on which the vessel arrives at the port for delivery, if there is no consignee or the consignee fails...
From 2015, incomes from casinos shall not be taxable

From 2015, incomes from casinos shall not be taxable

According to the Law No. 71/2014/QH13 dated November 26, 2014 amending and supplementing a Number of Articles of theLaws on Taxes approved by the National Assembly, incomes  from  independent  professional  activities  of  individuals possessing practice licenses or certificates in accordance with law and having  an  annual  turnover  of  100 ...
Deposit interest rate

Deposit interest rate and payment of deposit interest rate for outsourcers

On December 11, 2014, the State Bank of Vietnam issued the Circular No. 40/2014/TT-NHNN guiding the payment and management of outsourcer’s deposits. In accordance with regulations prescribed in this Circular, when an outsourcer wishes to pay a deposit into its account at a bank, the depositary bank and the outsourcer...

Small and medium-sized enterprises are entitled to get loans from the national fund of employments.

On November 16, 2013, the National Assembly approved the Law on Employment No. 38/2013/QH13 provides for supporting policies in employment creation; information on labor market; assessment and issuance of national vocational skill certificates; organization and operation of employment services; unemployment insurance and state management on employment. Within that, this Law...

REGULATIONS ON GUIDING THE ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACTS

On December 30, 2016, the Ministry of Construction issued the Circular No. 30/2016/TT-BXD on guiding the engineering, procurement and construction contracts (EPC contract). In accordance with the regulations in this Circular, an EPC contract applies solely to construction projects and contract packages of which execution time is required to be...
banks allowed purchasing debts

banks allowed purchasing debts having the bad debt ratio under 3%

From September 01, 2015, credit institutions, foreign banks’ branches shall be only permitted for debt purchase when being approved on the establishment and operation license of credit institutions, establishment license of foreign bank’s branches (hereinafter referred to as the License) by the State Bank and having the bad debt...

Responsibilities of trade unions in state management and socio- economic management

According to the Decree No. 200/2013/ND-CP dated November 26, 2013 of the Government detailing Article 11 of the Law on Trade Unions on the rights and responsibilities of trade unions to participate in state management and socio-economic management. When sectors, localities and units, and policies formulate the socio-economic development...

The support for stabilizing production upon land recovery by the state

On May 15, 2014, the Government issued the Decree No. 47/2014/ND-CP on compensation, support and resettlement upon land recovery by the State, within that the most important content is the support for stabilization of livelihood and production upon land recovery by the State[...]