Must having payment of deposits for scraps import

This is the content of the Law No.55/2014/QH13 on Environmental Protection passed by the National Assembly on June 23, 2014.[...]

To reduce pit of individuals working in the IT industry by 50%

This is one of the most important solutions on tax incentives for developing and applying information technology in Vietnam issued with the Resolution No. 41/NQ-CP dated May 26, 2016 of the Government. In particular, beside the policy that personal income tax on salary-based and wage-based incomes of individuals working in...

License fees for organization engaging in business with the maximum level of VND 3 million

Takes effect on January 01,2017, the Circular No. 302/2016/TT-BTC dated November 15, 2016 of the Ministry of Finance guiding the license fees for the organizations and individuals engaging in business operation from VND 01 – 03 million/year. Within that the amounts of annual licensing fees for organizations engaging in business...

Bank must agree with VDB before enterprises borrowing capital

On October 09, 2014, the State Bank of Vietnam issued the Circular No. 29/2014/TT-NHNN dated guiding commercial banks to coordinate with Vietnam Development Bank in the implementation of guarantee mechanism for small- and medium-sized enterprises borrowing capital as stipulated under the guarantee regulation promulgated together with the Decision No. 03/2011/QD-TTg dated January 10, 2011 of the Prime Minister.[...]
the co-operative bank

Co-Operative bank allowed to reschedule debts

On May 20, 2014, the State Bank of Vietnam issued the Circular No. 14/2014/TT-NHNN amending, supplementing a number of Articles of the Regulations on classification of debts, appropriation, setting up and use of reserves for handling credit risks in banking activities of credit institutions

To public the environmental protection charge on mineral exploitation submitted before march 31

In accordance with the Circular No. 66/2016/TT-BTC dated April 29, 2014 of the Ministry of Finance guiding the implementation of the Government’s Decree No. 12/2016/ND-CP of February 19, 2016, on environmental protection charge on mineral exploitation, No later than March 31 annually, environmental protection charge collecting agencies shall make...

Supports for career change for victims of occupatonal accident

According to Decree No. 37/2016/ND-CP dated May 15, 2016 of the Government detailing and guiding the implementation   of   certain   articles   of   the   Law   on occupational safety and health with regard to compulsory insurance for occupational accidents and occupational diseases, employee shall receive tuition support for attending training courses for change...

TO SUPPLEMENT THE UNITS IN INSPECTION ACTIVITIES OF SCIENCE AND TECHNOLOGY

On March 15, 2017, the Government issued the Decree No. 27/2017/ND-CP dated March 15, 2017 of the Government amending and supplementing a number of articles of the Decree No. 213/2013/ND-CP dated 20 December 2013 of government regulations on the organization and inspection activities of science and technology. Within that, the...

Principles of opening pre-investment accounts of offshore investment activities

On June 29, 2016, the State Bank of Vietnam issued the Circular 12/2016/TT-NHNN guiding the foreign exchange management of offshore investment activities and takes effect August 13, 2016. In accordance with the regulations of this Decree, after being granted an offshore investment registration certificate, an investor shall open 1 (one)...

General conditions for seagoing ship building

On July 01, 2016, the Government issued the Decree No. 111/2016/ND-CP prescribing business conditions for provision of seagoing ship building, conversion and repair services. In accordance with regulations, from July 01, 2016, a shipyard must have a technical division and a quality inspection division which are separate from each other...