PRICE FOR SOLAR ELECTRIC IS 2,086 VND/KWH
This is the most important content in Decision No. 11/2017/QD-TTg dated April 11, 2017 of the Prime Minister on mechanism for encouragement of development of solar power in Vietnam (Solar power project is a project to generate electric power by using solar panel to convert energy from the sun...
Maximun commission for insurance contracts of guarantee insurance is 10%
This is the content prescribed at the Circular No. 194/2014/TT-BTC dated December 17, 2014 of the Ministry of Finance on amending and supplementing a number of articles of the Circular No. 124/2012/TT-BTC dated July 30, 2012 of the Ministry of Finance guiding the implementation of a number of articles...
To adjust monthly salary, income after payment of social insurance contributions
On December 26, 2018, the Ministry of Labor, War Invalids and Social Affairs issues the Circular No. 35/2018/TT-BLDTBXH on prescribing indexation rate of monthly salary and income after payment of social insurance contributions.
Accordingly, from January 01, 2019, monthly salary after payment of social insurance contributions of employees who are...
Increase special excise tax by 5% for alcohol and beer from 2016
On November 26, 2014, the 13th National Assembly on November 26, 2014 during the 8th session pass the Law No. 70/2014/QH13 on amending a number of articles of the Law on Special Excise Duty and deciding to increase special excise tax by 5% for some goods and commodities from...
Not required to be implement the inspection conclusions pending instructions
On March 27, 2014, the Government issued the Decree No. 33/2015/ND-CP prescribing the implementation of inspection conclusions, within that, the inspection conclusions shall be strictly abided by inspected subjects and related agencies, organizations and individuals, the implementation of inspection conclusions shall be supervised, urged and examined by competent state...
INCREASE THE DEPOSIT IN THE AUCTION TO 20%
Takes effect on July 01, 2017, the Law on property auction No. 01/2016/QH14 of the National Assembly prescribing that bidders must deposit 5% - 20% reserve price of the auctioned property instead of 1%-5% as in previous regulations.
Also from July 01, 2017, lawyers, public notaries, bailiff, property management officers...
New provision on land rental exemption and reduction
The Government issued Decree No. 135/2016/ND-CP dated September 09, 2015 amending and supplementing a number of articles on collection of land rental and water surface rental, within that prescribed land rental exemption or reduction is not applied in the case of auction on land lease rights.
Similarly, land use levy...
THE MINISTRY OF LABOR, WAR INVALIDS AND SOCIAL AFFAIRS HAS 23 AFFILIATED UNITS
From February 17, 2017, the Ministry of Labor, War Invalids and Social Affairs only have 23 affiliated units, reduced by 01 unit compared with previous regulations is the important content in the Decree No. 14/2017/ND-CP dated February 17, 2017 of the Government on functions, tasks, powers and organizational structure...
MUST DECLARE INCOME IN SOFTWARE PRODUCTION
The Ministry of Information and Technology issued the Circular No. 16/2014/TT-BTTTT dated November 18, 2014 on identifying the software production; within that, the most important content is the requirements applied to software producers.
Accordingly, organizations and companies must have Certificates of Business registration, certificates of investment, or written appointments issued...
Shipmaster’s and chief engineer’s certificates of competency are valid for 5 year
The Law No. 48/2014/QH13 Amending and Supplementing a Number of Articles of the Law on Inland Waterway Navigation was passed on June 17, 2014, by the XIIIth National Assembly of the Socialist Republic of Vietnam at its 7th session.[...]
