Import of used ships for dismantlement must have at least vnd 50 billion

Import of used ships for dismantlement must have at least vnd 50 billion

According to the Decree No. 114/2014/ND-CP dated November 26, 2014 of the Government on subjects eligible and conditions for licensed import and dismantlement of used ships, a used ship imported for dismantlement shall be brought to a ship dismantlement establishment within 30 days after customs formalities are completed and...
real estate transfer

The tax rate applicable to incomes from real estate transfer is 2% of the tranfer value

From January 01, 2015, The tax rate applicable to incomes from real estate transfer is 2% of the transfer value and from securities transfer is 0.1% of the securities selling price of each transfer are the important contents in the Decree No. 12/2015/ND-CP dated February 12, 2015 of the...
legal news

Fail to remit the escrow account within 90 days must pay the late amount

In accordance with the Circular No. 41/2015/TT-BTC dated March 27, 2015 of the Ministry of Finance amending Article 9 of the Circular No. 39/2011/TT-BTC dated March 22, 2011 of the Ministry of Finance on re-arranging and dealing with state owned housing and land. Within 90 days since relevant authorities...

CONDITIONS ON TRAINING AT THE MASTER LEVEL

On April 04,2017, the Ministry of Education and Training issued the Circular No. 09/2017/TT-BGDDT on prescribing requirements, processes and procedures for opening of academic disciplines or majors, suspension or cancellation of enrolment, revocation of decision on opening of disciplines or majors at the master’s or doctoral level. This Circular points...

Guidance for registering prices

On April 28, the Ministry of Finance issued the Circular No. 56/2014/TT-BTC guiding the Government’s Decree No. 177/2013/ND-CP of November 14, 2013, detailing and guiding the implementation of a number of articles of the Law on Prices[...]
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...

Cases in occupational disease investigation

On Jun 30, 2016, the Ministry of Health issued the Circular No. 28/2016/TT-BYT dated June 30, 2016 of the Ministry of Health on management of occupational diseases. Accordingly, first occupational disease investigation shall be carried out in the cases that the investigation is requested by a worker who has not...
The policies on redundancy to employees in the company when restructuring the state companies

The policies on redundancy to employees in the company when restructuring the state companies

On July 22, 2015, the Government issued the Decree No. 63/2015/ND-CP dated July 22, 2015 of the Government providing the policies towards redundant employment in accordance with the restructuring of state-owned one member limited companies. Accordingly, policies towards redundant employees that are recruited before April 21st, 1998 or before April...

To guide the application of advance pricing agreements to tax administration

On December 20, 2013, the Ministry of Finance promulgated Circular No. 201/2013/TT-BTC guiding the application of Advance Pricing Agreements to Tax Administration. According to the Circular, the taxpayer shall decide whether the APA is unilateral, bilateral, or multilateral when submitting the APA application. While the APA application is processed, the...

To 2020, number of domestically manufactured and assembled vehicles is 67%

With the viewpoints that the automobile industry is an industry that creates an important motive force for promoting industrialization and modernization and should be encouraged through stable[...]