From july 01, increase water surface rental frame

In accordance with the Decree No. 46/2014/ND-CP dated May 15, 2014 of the Government On collection of land rental and water surface rental from July 01, 2014, the water surface rental frame is increased double or triple compared with current frame[...]
LIMIT ON TRADING

Limit on trading, providing interest rate derivative products

According to the Circular No. 01/2015/TT-NHNN dated January 06, 2015 of the Vietnam State Bank stipulating trading and provision of interest rate derivative products of commercial banks, foreign bank branches, credit institutions, foreign bank branches are permitted trading, providing and using interest rate derivative products when limit of net...
Regulations-for-rank-promoted-terms

Regulations for rank-promoted terms

This is the new content prescribed at the Law No. 72/2014/QH14 Amending and Supplementing a Number of Articles of the Law on Officers of the Vietnam People’s Army passed by the National Assembly on November 27, 2014. In particular, The durations for rank promotion from Colonel to Major General or...

Shareholding percentage of a foreign organization shall not exceed 15% of a Vietnamese credit institution’s charter capital

This is one of remarkable point in Decision No. 01/2014/ND-CP dated January 3, 2014 of the Government on foreign investors’ share purchase from Vietnamese credit institutions Accordingly, shareholding percentage of a foreign individual shall not exceed 5% of charter capital of a Vietnamese credit institution and shareholding percentage of a...

Wonder about surrogacy in Vietnam

Question: We are a couple living in France and we wonder about surrogacy in Vietnam. I understand that 3 hospitals do this, I wonder about the price and how we can start applying? Answer: According to your enquiry about surrogacy in Vietnam, we consider that you should contact to medical examination and...

TO CHANGE THE PRINCIPLES OF THE MANAGEMENT BOARD OF A APARTMENT BUILDING

On December 15, 2016, the Ministry of Construction issued the Circular No. 28/2016/TT-BXD on amending the Circular No. 10/2015/TT-BXD providing regulations on professional training courses in management of apartment buildings, the Circular No. 11/2015/TT-BXD providing regulations on issuance of real estate broker license; guidelines for training and improving knowledge...
Hanoi: The maximum condominiums price is VND 16.000

Hanoi: The maximum condominiums price is VND 16.000

This is the content at the Decision No. 3185/QD-UBND dated June 16, 2014 of the People’s Committee of Hanoi on the service charge scale of condominiums in Hanoi [...]
Procedures of declaring value added tax for foreign contractors

Procedures of declaring value added tax for foreign contractors

On February 11, 2015, the Ministry of Finance signed the Decision No. 274/QD-BTC on publishing amendments and supplements of administrative procedures in the tax management under the Ministry of Finance’s authority. Under this Decision, procedures of declaring tax for foreign contractors, foreign sub-contractors paying value added tax according to the...

Conditions on issuance of license for establishment of representative offices in vietnam

The Decree No. 07/2016/ND-CP detailing the Trade Law on representative offices, branches of foreign businesses in Vietnam issued by the Government on January 25, 2016; within that, the most important content is that a foreign business can not establish more than one representative office or branch that has the...

Allowed to change the land use purpose from agricultural land to residential land for resettlement

The Ministry of Natural Resources and Environment has just issued the Circular No. 37/2014/TT-BTNMT dated June 30, 2014 detailing compensation, support and resettlement upon land recovery by the State.[...]