Subjects under foreign currency loans policy in 2014

On December 6, 2013 the State Bank of Viet Nam issued Circular No. 29/2013/TT-NHNN, stipulating on provision of foreign currency loans of the credit institutions and foreign banks’s branches with customers being residents. [...]

TO SUPPLEMENT THE SUBJECTS TO USE OF FOREIGN EXCHANGE WITHIN VIETNAM TERRITORY

Takes effect on December 03, 2015, the Circular No. 16/2015/TT-NHNN dated October 19, 2015 of the State Bank of Vietnam amending, supplementing a number of articles of the Circular No. 32/2013/TT-NHNN dated December 26, 2013 of the State Bank Governor guiding the implementation of regulations on restricting the use...

Routes for transporation of goods in transit through the Vietnamese territory

On May 13, 2014, the Ministry of Transport issued the Circular No. 15/2014/TT-BGTVT guiding the routes for transportation of goods in transit through the Vietnamese territory[...]
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MAXIMUM CHARGE RATES FOR MOTORCYCLES IS VND 150.000/YEAR

In accordance with the Circular No. 133/2014/TT-BTC dated September 11, 2014 of the Ministry of Finance guiding the collection, payment, management and use of road user charges for vehicles, from November 01, 2014, Under this Circular, the charge rate for bus is VND 180,000/month/bus, similarly cars for carrying people, with...

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...

Determination of land use levy when changing the land use purpose

According to the Circular No. 76/2014/TT-BTC dated June 16, 2014 of the Ministry of Finance guiding a number of articles of the Government’s Decree No. 45/2014/ND-CP of May 15, 2014, providing the collection of land use levy, for households or individuals that are leased by the State non-agricultural land with one-off rental payment for the entire lease period.[...]

DISCLOSURE OF THE STATE FINANCIAL REPORTS IS COMPULSORY

On March 14, 2017, the Government issued the Decree No. 25/2017/ND-CP on state financial reports prescribing that national and provincial state financial reports shall be made according to the annual accounting period starting on January 1 and ending on December 31 of the calendar year. Units tasked to compile state...

THE STATE BUDGET SHALL BE DISCLOSED AND OVERSEEN

The State Budget that shall be disclosed and overseen by the public is one of the significant contents under the Law on the State budget No. 83/2015/QH13 approved on June 25, 2015 by the National Assembly. Specifically, data of an explanatory reports on Councils, estimates already decided by competent authorities,...
the production technology

Guiding on the production technology level’s evaluation

On April 08, 2014, the Ministry of Science and Technology issued the Circular No. 04/2014/TT-BKHCN guiding on the production technology level’s evaluation[...]
From 2016, issue the citizen's identity cards instead of identity card

From 2016, issue the citizen’s identity cards instead of identity card

The National Assembly has just passed the Law No. 59/2014/QH13 dated November 20, 2014 decided to issued the citizen’s identity cards for Vietnamese citizens aged full 14 years or older from January 01, 2016. Citizen’s identity card is a personal paper of a Vietnamese citizen which proves citizen identification of the...