TO ALLOW PILOT INTERNATIONAL SOCCER BETTING IN VIETNAM
Takes effect on March 31, 2017, the Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on business of betting on horse racing, greyhound racing and international soccer, The Government allows 01 enterprise to pilot the business of betting on international soccer. The duration of pilot international soccer...
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...
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[...]
The initial issuance fee for certificate of registration for accounting and auditing practice is VND 1,2 million
On November, 14, 2016, the Ministry of Finance issued the Circular No. 271/2016/TT-BTC on amounts, collection and payment of assessment fees for issuance of certificates of practice registration, certificates of eligibility for providing accounting and auditing services.
In particular, assessment for issuance of certificate of eligibility for providing accounting and...
To change organizational structure of Ministry of information and telecommunications
On October 16, 2013, the Ministry of Information and Telecommunications promulgated Decree No. 132/2013/ND-CP, defining the functions, tasks, powers and organizational structure of the Ministry of Information and Communications.[...]
A restaurant area of below 200m2 not subject to registration of environmental protection plans
On February 14, 2015, the Government issued the Decree No. 18/2015/ND-CP prescribing environmental protection master plan, strategic environmental assessment, environmental impact assessment and environmental protection plan.
Within that, the most important contents on registration of environmental protection plans, from April 01, 2015, Investment projects on construction, or expansion of...
WORKING TIME OF TEACHERS OF COLLEGE OR INTERMEDIATE LEVEL SHALL BE 44 WEEKS PER YEAR
Takes effect on July 01, 2017, the Circular No. 07/2017/TT-BLDTBXH dated March 10, 2017 of the Ministry of Labor, War Invalids and Social Affairs on working regime for vocational education teachers.
Accordingly, Working time of teachers of college or intermediate level shall be 44 weeks per year according to 40-hour...
Approval procedure for activities of export, import of foreign currency in cash
On December 26, 2013, the Vietnam State Bank issued the Circular No. 33/2013/TT-NHNN providing guidelines upon approval procedure for activities of export, import of foreign currency in cash of permitted banks.
Under this Circular, commercial banks, branches of foreign banks permitted that have demand on export and import of foreign...
Management of external communication activities of central-affiliated cities and provinces
On October 19, 2016, the Ministry of Information and Communications issued the Circular No. 22/2016/TT-BTTTT providing for the management of external communication activities of central-affiliated cities and provinces, including providing information for promotion of the province/city’s image and provision of explanatory or clarifying information.
The information concerning the promotion of...
Guidance on allocating profit of Vietnam asset management company
On December 27, 2013, the Ministry of Finance promulgated Circular No. 209/2013/TT-BTC on guiding the financial regulations applicable to Vietnam Asset Management Company (VAMC) for credit institutions, which shall comply with legislations applicable to the one-member limited liability companies of which 100% of charter capital is owned by State, the Government’s Decree No. 53/2013/ND-CP dated May 18, 2013 and related legal documents[...]