Equitization of parent company – VN agricultural machinery corporation
On April 05, 2016, the Prime Minister signed Decision No. 562/QD-TTg on approving plan for equitization of parent company – Viet Nam Engine and Agricultural Machinery Corporation (VEAM), combined transfer a portion of State- owned capital and issuance of new shares in order to increase the charter capital.
Accordingly, Viet Nam...
The Over-quota import duty rates of un-manufactured tobacco and tobacco refuse of burley is 80%
On June 23, 2014, the Ministry of Finance issued the Circular No. 80/2014/TT-BTC amending and supplementing the Ministry of Finance’s Circular No. 111/2012/TT-BTC of July 4, 2012[...]
On energy consumption norms in beer and beverage production industry
Takes effect on November 01, 2016, the Circular No. 19/2016/TT-BCT dated September 14, 2016 of the Ministry of Industry and Trade on energy consumption norms in beer and beverage production industry in the period to the end of 2020 and the period from 2021 to the end of 2025.
Particularly,...
From February 1,2014, Royal tariff on several natural resources will be raised
This content is regulated in Resolution No. 712/2013/UBTVQH13 dated December 16, 2013 of the Standing Committee of the National Assembly on promulgating the Royal tariff. [...]
REGULATIONS ON DERIVATIVE SECURITIES
On March 16, 2017, the Ministry of Finance issued the Circular No. 23/2017/TT-BTC dated March 16, 2017 of the Ministry of Finance on revising and supplementing a number of articles of the Circular No. 11/2016/TT-BTC dated January 19, 2016 on instructions for certain articles of the Government's Decree No....
EXPORT PROCESSING ENTERPRISES MAY SELL THEIR LIQUIDATED ASSETS AND GOODS IN THE INLAND MARKET
Takes effect on December 25, 2015, the Decree No. 114/2015/ND-CP dated November 09, 2015 Amending and supplementing Article 21 of the Government’s Decree No. 29/2008/ND-CP of March 14, 2008, on industrial parks, export processing zones and economic zones, export processing enterprises may sell their liquidated assets and goods in...
Late salary payment for 15 days or more shall be paid interest
Under the Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number of the Labor Code’s contents, an employee enjoying monthly salary shall be paid on monthly or semi-monthly basis.
In case natural disaster, conflagration or other force majeure events take place, and employers...
Bidding documents for procurement of herbal ingredients and traditional ingredients at heath facilities www.luatvietnam.vn
On August 10, 2016, the Ministry of Health issued the Circular No. 31/2016/TT-BYT dated August 10, 2016 of the Ministry of Health guiding the Bidding Documents for procurement of herbal ingredients and traditional ingredients at heath facilities, including Bidding Documents for procurement of herbal ingredients applicable to open tender...
Foreign investor parties in business cooperation contracts in VietNam must open direct investment capital accounts
In accordance with the Circular No. 19/2014/TT-NHNN issued by the State Bank of Vietnam on August 11, 2014 guiding the foreign exchange management of foreign direct investment in Vietnam[...]
Casino business must have licenses for collection and payment of foreign currency
On July 24, 2014, the State Bank of Vietnam (SBV) issued the Circular No. 15/2014/TT-NHNN guiding the exchange management of the business of prize-winning electronic games for foreigners[...]
