Conditions to apply VAT rate of 0% to exported goods and services
On December 18, 2013, the Government issued Decree No. 209/2013/ND-CP on detailing and guiding implementation of several articles of Law on Value-Added Tax on exported goods and services [...]
Co-Operative bank allowed to reschedule debts
On May 20, 2014, the State Bank of Vietnam issued the Circular No. 14/2014/TT-NHNN amending, supplementing a number of Articles of the Regulations on classification of debts, appropriation, setting up and use of reserves for handling credit risks in banking activities of credit institutions
HIGH-SPEED VESSELS HAVE THE MAXIMUM PERIOD OF 20 YEARS MEASURED
On November 20, 2014, the Government issues the Decree No. 111/2014/ND-CP prescribing the useful life of inland waterway vessels and the useful life of vessels permitted for import and takes effect on January 05, 2015.
Accordingly, inland waterway vessels have useful life from 18 – 35 years depending on each...
ALLOWED TO SELL DUTY-FREE GOODS ON THE FLIGHT TO VIETNAM
The Prime Minister has just signed the Decision No. 39/2015/QD-TTg dated September 11, 2015 of the Prime Minister on amending and supplementing a number of articles of the duty-free trade issued with the Decision No. 24/2009/QD-TTg dated February 17, 2009 of the Prime Minister promulgating the Regulation on trading...
Decree 12/2015/NĐ-CP of Government on 12/2/2015 detailing regulations to amend and supplement some articles of the law on tax and amending and supplementing some articles of the decree on taxes.
Decree amended and supplement a number of articles of Decree No. 218/2013 / ND-CP of December 26, 2013 detailing regulations and guiding the implementation of some articles of the Law on Enterprise Income Tax; Decree No. 209/2013 / ND-CP of December 18, 2013 detailing regulations and guiding the implementation...
FROM 2020, MOTORCYCLES WHICH THE TO MANDATORY ENERGY LABELING
This is the important content prescribed at the Decision No. 04/2017/QD-TTg dated March 09, 2017 of the Prime Minister on the List of equipment and appliances to which the mandatory energy labeling and minimum energy efficiency standards are applied, and the roadmap to their implementation.
In particular, the Prime Minister...
Developing and upgrading the solution for the industry groups of competitive commodities
On January 13, 2015, the Prime Minister signed the Decision No. 32/QD-TTg approving the synchronous development and upgrading solution for the industries, sectors and value chains of production of competitive commodities such as: electronics and information technology, textile and garment, food processing, agricultural machineries, tourism and related services.
This Program...
Support to develop the sectors with the maximum Loan of VND million/household
number of Articles of the Circular No. 06/2009/TT-NHNN dated April 09, 2009 of the State Bank of Vietnam[...]
May borrow loans from commercial banks not exceeding 70% of the total investment
In accordance with the Decree No. 67/2014/ND-CP dated July 07, 2014 of the Government on a number of fisheries development policies, from August 25, owners of fishing ships or fishery logistics ships conducting fisheries activities with efficiency[...]
Male employees whose wives give birth to children are entitled to a maternity leave of 5-7 working days
This new content is formally regulated in the Insurance Law No. 58/2014/QH13 passed by the National Assembly on November 20, 2014. Accordingly, from 2016, male employees currently paying social insurance premiums whose wives give birth to children are entitled to a maternity leave of 5 working days; 7 working...
