The maximum fee for appraisal of performance art programs is VND 5 million

On November 15, 2016, the Ministry of Finance issued the Circular No. 288/2016/TT-BTC on amounts, collection, payment, management and use of fees for appraisal of performance art programs; fees for appraisal of performances recorded on tapes, discs, software programs or other materials. At this Circular, the Ministry of Finance, the...

Charge of VND 01 million for issuance of licenses for setting up representative offices of foreign movie establishments

On November 15, 2016, the Ministry of Finance issued the Circular No. 289/2016/TT-BTC on amounts, collection, payment, management and use of fees and charges in the cinematography. In accordance with the Circular, the charge for issuance of licenses for setting up branches or representative offices of foreign movie establishments in...

Accelerate to downsize the payroll

Resolution No. 24/2016/QH14 on economic restructuring plan 2016 - 2020 was ratified on November 08, 2016 by the National Assembly. Accordingly, on the economic restructuring standpoints of developing growth models based on productivity, quality and competitiveness; improve quality of economic growth, develop growth models based on investment, export and domestic...

From july 01, 2017, increase base salary to vnd 1.3 million/month

This is one of tasks of Government at Resolution No. 27/2016/QH14 dated November 11, 2016 of the National Assembly on state budget estimates of 2016. In particular, the National Assembly requested the Government to direct the conduct and implementation of laws on tax and promptly provide guidance on the conversion...

From 2017, the Ministry of Industry and Trade shall in charge of management of milk price

This is an important content of Circular No. 233/2016/TT-BTC dated November 11, 2016 of the Ministry of Finance amending, supplementing a number of Articles of the Circular No. 56/2014/TT-BTC dated April 28, 2014 of the Minister of Finance guiding the Government’s Decree No. 177/2013/ND-CP of November 14, 2013, detailing...
Vetting of employment contract - your charges?

Digital certificates that are used in financial operations

This is the new content of Decree No. 156/2016/ND-CP dated November 21, 2016 of the Government on amending the Decree No. 27/2007/ND-CP dated February 23, 2007 of the Government on e-transactions in financial activities. In particular, digital certificates that are used in digital signatures in financial operations between organizations, individuals...

Fee for verification of conditions for a commercial arbitration center establishment 3 million/time

On November 10, 2016, the Ministry of Finance issued Circular No. 222/2016/TT-BTC on the rate, collection, submission, administration and use of the fees for verification of criteria and conditions for the practice of commercial arbitration. Accordingly, fee for verification of criteria and conditions for the establishment of a commercial arbitration...

Charge for licensing of the export of workers in overseas term employment 5 million/time

According to Circular No. 259/2016/TT-BTC dated November 11, 2016 of the Ministry of Finance on the rate, collection, submission, administration and use of the fee for verification of documents and the charge for licensing of the export of Vietnamese workers on contract basis, charge for new licensing of the...

A number of peculiar mechanism relating to Da Nang city

On November 01, 2016, the Government issued the Decree No. 144/2016/ND-CP prescribing a number of peculiar mechanism relating to investment, finance, budget and management of Da Nang city, in order to promote the socio-economic development of the City, enable the City to uphold advantages to become one of the...

To 2017, GDP is expected to increase by 6.7%

On November 07, 2016, the National Assembly passed the Resolution No. 23/2016/QH14 on socio-economic development plan (2017), requires Government, Supreme People’s Procuracy, Supreme People’s Court and the State Auditors….to implement proactive and flexible monetary policies, continue to restructure credit institutions; develop bond markets, strictly control and tackle bad debts...