International bidding

International bidding for thermal power plant project with more than two bot investors

On July 13, 2015, the Ministry of Industry and Trade issued the Circular No. 23/2015/TT-BCT promulgating on orders, procedures of investment on the thermal power plant project in the form of Build – Operate – Transfer and takes effect on September 01, 2015. In accordance with the regulations in this...
Foreigners allowed to brought drive caravans into vietnam

Foreigners allowed to brought drive caravans into vietnam

On June 16, 2015, the Government issued the Decree No. 57/2015/ND-CP amending a number of articles of the Decree No. 152/2013/ND-CP of November 4, 2013, on management of motor vehicles brought into Vietnam by foreign tourists. Firstly, the Decree has supplement the left-hand drive caravans to the objectives allowed to...
employees after recommending the jobs

Must supervise the employment status of employees after recommending the jobs

The Ministry of Labor, War Invalids and Social Affairs has just issued the Circular No. 07/2015/TT-BLDTBXH dated February 25, 2015 stipulating a number of Articles of the Decree No. 196/2013/ND-CP dated November 21, 2013 of the Government defining on establishment and operation of the Career Services Center and the...
Law on amending and supplementing some articles of the Law on Enterprise Income Tax

Supplement guarantee insurance as the non-life insurance

On July 09, 2014, the Government issued the Decree No. 68/2014/ND-CP amending, supplementing a number of articles of the Decree No. 45/2007/ND-Cp dated March 27, 2007 of the Government detailing the implementation of a number of articles of the Insurance Business Law[...]
legal updates 001

FUNCTIONAL FOODS MUST HAVE THE SEPARATE AREA IN THE PHARMACY

On November 24, 2014, the Ministry of Health issued the Circular No. 43/2014/TT-BYT on prescribing the functional foods management including supplemented foods, health protection foods, medical foods and foods used for special dietary uses; not apply to nutritional formula for children. At this Circular, the Ministry of Health requires...

Guidelines on late payment interest for tax debts

On August 12, 2016, the Ministry of Finance promulgated the Circular No. 130/2016/TT-BTC guiding the Government Decree No. 100/2016/ND-CP on the implementation of the Law on amendments to certain articles of the Law on value added tax, the Law on special excise tax and the Law on tax administration...

Guidance for registering prices

On April 28, the Ministry of Finance issued the Circular No. 56/2014/TT-BTC guiding the Government’s Decree No. 177/2013/ND-CP of November 14, 2013, detailing and guiding the implementation of a number of articles of the Law on Prices[...]
Conditions for food safety assurance for production establishments

Conditions for food safety assurance for production establishments

On December 18, 2014, the Ministry of Industry and Trade issued the Circular No. 54/2014/TT-BCT prescribing the conditions for food safety assurance for processed milk production and trading establishments. Accordingly, processed milk production establishments must have the production site to be built under the current master plan approved by a...

Change the method of tax calculation for foreign contractors

On August 06, 2014, the Ministry of Finance issued the Circular No. 103/2014/TT-BTC guiding the fulfillment of tax liability of foreign entities doing business in Vietnam or earning income in Vietnam, regulates that the contractor/subcontractor has a permanent establishment in Vietnam or the contractor/subcontractor is a resident of Vietnam[...]

Charge for licensing of the export of workers in overseas term employment 5 million/time

According to Circular No. 259/2016/TT-BTC dated November 11, 2016 of the Ministry of Finance on the rate, collection, submission, administration and use of the fee for verification of documents and the charge for licensing of the export of Vietnamese workers on contract basis, charge for new licensing of the...