Extension of VAT payment for imported machines with the worthfrom VND 100 billion

This is the content prescribed at the Circular No. 134/2014/TT-BTC dated September 12, 2014 of the Ministry of Finance guiding the procedure for extension of VAT payment and refund for import machines and equipments for investment project’s fix assets.[...]

New regulations on preferential policies upon selecting tenderers

On November 26, 2013, the National Assembly approved Law on Bidding No. 43/2013/QH13, which shall take effect fromJuly 1, 2014 and supersede Law on Bidding No. 61/2005/QH11[...]

To increase on regional minimum wage from January 01, 2017

On November 14, 2016, the Government issued the Decree No. 153/2016/ND-CP dated November 14, 2016 of the Government providing on regional minimum wage rates applied to employees working under an employment contract, takes effect on January 01, 2017. Accordingly, the regional minimum wage rate applied to employees working for enterprises...

Determining the presiding agency of a specific international investment dispute

On January 06, 2014, the State Bank of Vietnam issued the Circular No. 01/2014/TT-NHNN prescribing the delivery and receipt, preservation and transportation of cash, precious assets and valuable papers[...]
Exempt from import duty for luggage with the total value is vnd 10,000,000 (ten million) at most

Exempt from import duty for luggage with the total value is vnd 10,000,000 (ten million) at most

Luggage allowances of persons on entry such as liquor and alcoholic beverages, tobacco, personal belongings with the total value is VND 10,000,000 (ten million) at most shall be exempted from import duty is the important content prescribed at the Decision No. 31/2015/QD-TTg dated August 04, 2015 of the Prime...

TO ADJUST AVERAGE MONTHLY INCOME FOR WHICH SOCIAL INSURANCE

Takes effect on February 11, 2017, the Circular No. 42/2016/TT-BLDTBXH dated December 28, 2016 of the Ministry of Labor, War Invalids and Social Affairs on indexing factor in calculation of average monthly income for which social insurance has been paid. Accordingly, Indexed monthly wage as the basis for social insurance...
authorised representative

Authorized representatives must possessing at least three years of experience

On February 14, 2014, the Ministry of Finance issued the Circular No. 21/2014/TT-BTC promulgating the Regulation on activities of authorized representatives for state capital invested in enterprises[...]

Disposal of security assets must be Informed at least before 7 days

On June 06, 2014, the Joint-ministries of Justice, Natural resources and Environment, the State Bank of Vietnam issued the Joint Circular No. 16/2014/TTLT-BTP-BTNMT-NHNN guiding a number of matters on disposal of security assets.[...]
SOLUTIONS FOR WITHDRAWAL OF STATE CAPITAL FROM ENTERPRISES

Solutions for withdrawal of state capital from enterprises

On March 06, 2014, the Government issued the Resolution No. 15/NQ-CP on solutions for speeding up equitization and withdrawal of state capital from enterprises[...]

Providing for salary payment to managers in state companies

On June 13, 2016, the Decree No. 52/2016/ND-CP issued by the Government providing for salary, remuneration and bonus payment to managers of single-member limited liability companies of which charter capital is wholly owned by the State. Accordingly, for economic corporation, the pay factors of full-time President of  the  Board of...