Increase the import tax for petroleum to 35% from january 07
The Ministry of Finance has just issued the Circular No. 03/2015/TT-BTC dated January 6, 2015 of the Ministry of Finance amending the preferential import tax rate for some petroleum commodities in the Heading 27.10 in the Preferential Import Tariff, decide to increase the preferential import tax for leaded or...
General construction plan for the southeast Quang Tri economic zone
On October 11, 2016, the Prime Minister issued the Decision No. Decision No. 1936/QD-TTg on approving the general construction plan for the southeast Quang Tri economic zone in Quang Tri province by 2035, with a vision towards 2050.
The planned area of the Southeast Quang Tri Economic Zone is 23,792...
Regulations on organization and performance of microorganism tests in hospitals
On September 19, 2016 the Ministry of Health issued the Circular No. 33/2016/TT-BYT providing for organization and performance of microorganism tests in hospitals.
In accordance with this Circular, the Department of Microbiology is a specialized department subject to the direct management of the Hospital’s Director. Department of Microbiology is functioned...
Principles to deal with 100% State-owned charter capital
On December 9, 2013, the Government promulgated Decree No. 206/2013/ND-CP on management of debts of enterprises with 100% State-owned charter capital[...]
Any advertisement giving incorrect information or confusing the customers shall be fined up to VND 140 million
In accordance with the Decree No. 71/2014/ND-CP dated July 21, 2014 of the Government detailing the Law on Competition on imposition of violation penalties against the Law on Competition.[...]
The tax rate applicable to incomes from real estate transfer is 2% of the tranfer value
From January 01, 2015, The tax rate applicable to incomes from real estate transfer is 2% of the transfer value and from securities transfer is 0.1% of the securities selling price of each transfer are the important contents in the Decree No. 12/2015/ND-CP dated February 12, 2015 of the...
Tax paid on invividual’s behalf is in deductible expenses
On June 22, 2015, the Ministry of Finance issued the Circular No. 96/2015/TT-BTC guiding the Enterprise Income Tax in the Decree No. 12/2015/ND-CP dated February 12, 2015 of the Government detailing the implementation of the Law Amending and Supplementing a Number of Articles of the Tax Laws and amending...
Conditions for sea transportation business
The Decree No. 160/2016/ND-CP approved by the Government on conditions for sea transportation business, shipping agency services, and towage services.
In accordance with this Decree, requirements pertaining to enterprises engaging in international sea transportation business, the regarding organizational structure must have a department in charge of safety in accordance with...
Companies must declare the seaport charge schedule
On November 02, 2016, the Government issued the Decree No. 146/2016/ND-CP dated November 02, 2016 of the Government on regulations on publishing of freights and surcharges of ocean container shipping and seaport charges, requires enterprises to declare the seaport charge schedule on publishing of freights and surcharges of ocean...
To increase on regional minimum wage from January 01, 2017
On November 14, 2016, the Government issued the Decree No. 153/2016/ND-CP dated November 14, 2016 of the Government providing on regional minimum wage rates applied to employees working under an employment contract, takes effect on January 01, 2017.
Accordingly, the regional minimum wage rate applied to employees working for enterprises...
