Not allow banks to get investment entrustment on production and business
In accordance with the Circular No. 30/2014/TT-NHNN dated November 06, 2014 of the State Bank of Vietnam providing for the entrustment operations and entrustment taking of credit institutions, foreign bank's branches[...]
To 2030, all people will have house with necessary house equipment
On January 25, the Prime Minister signed the Decision No. 198/QD-TTg approving the master plan on socio-economic development of the northern key economic region through 2020, with a vision toward 2030.
The master plan shall be implemented at 07 northern key economic region (embracing 7 provinces and cities, namely Hanoi, Hai...
Gold jewelry with gold content of under 95% having export tax at 0%
The Ministry of Finance has issued the Decision No. 788/QD-BTC dated April 27, 2015 on promulgating new administrative procedures on export of gold jewelry, goldsmiths’ wares and other golden articles in subheadings 71.13, 71.14, 71.15 of export tax schedule in the field of customs under the authority of Ministry...
VIETNAM FATHERLAND FRONT ALLOWED CHOOSING JUDGES AND PROCURATORS
In accordance with the Law on the Vietnam Fatherland Front No. 75/2015/QH13 passed by the National Assembly on June 09, 2015,tThe Vietnam Fatherland Front is the political base of the people’s administration; and shall represent and protect the lawful and legitimate rights and interests of the People; rally and...
Foreign loans over 10 million usd are subject to registration with the state bank
On September 15, 2014, the State Bank of Vietnam issued the Circular No. 25/2014/TT-NHNN guiding the procedure on registering and registering for changes of foreign loan of businesses not guaranteed by the Government[...]
PROVINCIAL PEOPLE’S COMMITTEE’S HAVING NO ON-LENT CAPITAL MORE THAN 180 DAYS OVERDUE CAN ACCESS TO ON-LENT CAPITAL
On April 28, 2017, the Government issued the Government No. 52/2017/ND-CP dated April 28, 2017 of the Government on on-lending of the Government’s foreign borrowed capital to People’s Committees of centrally-affiliated cities and provinces.
Within that, the most important content is the eligibility conditions for the provincial People’s Committee’s access...
Subjects allowed to use foreign exchange within Vietnam’s territory
On December 26th 2013, the State Bank of Vietnam issued Circular No. 32/2013/TT-NHNN on guiding the implementation of regulations on restricting the use of foreign exchange within the territory of Vietnam and residents are allowed to contribute capital in foreign currency by transfer in order to perform foreign investment projects in Vietnam. [...]
Business households employ more than 10 regular employees have a fine to vnd 5 million
This is one of the important content sprescribed at the Decree No. 50/2, 2016 of the Government on penalties for administrative violations against regulations on planning and investment, takes effect on July 15, 2016.
In particular, from July 15, 2016, business households employ more than 10 regular...
Changes in organizational structure of the state bank of Vietnam
On November 11, 2013, the Government issued the Decree No. 156/2013/ND-CP of November 11, 2013, defining the functions, tasks, powers and organizational structure of the State Bank of Vietnam[...]
From june 20, increase the export taxes on manioc to 5%
This is the content prescribed at the Circular No. 63/2015/TT-BTC issued by the Ministry of Finance on May 06, 2015 amending the export taxes on the manioc commodities in the Heading 07.14 at the Export Tariff issued with the Circular No. 164/2013/TT-BTC dated November 15, 2013 of the Minister...
