Ordinary duties on imports applied for many products
On September 01, 2016, the Prime Minister issued the Decision No. 36/2016/QD-TTg dated September 01, 2016 of the Prime Minister on application of ordinary import duties according to Point c Clause 3 Article 5 of the Law on Export and import duties.
Accordingly, ordinary import duty of 5% shall be...
An economic group or a corporation has at most 3 levels of enterprises
This is one of the contents prescribed at the Decree No. 69/2014/ND-CP dated July 15, 2014 of the Government on state economic groups and state corporations.[...]
From july 01, 2017, increase base salary to vnd 1.3 million/month
This is one of tasks of Government at Resolution No. 27/2016/QH14 dated November 11, 2016 of the National Assembly on state budget estimates of 2016.
In particular, the National Assembly requested the Government to direct the conduct and implementation of laws on tax and promptly provide guidance on the conversion...
IDENTIFICATION OF FOREIGN WORKERS INTERNALLY REASSIGNED BY ENTERPRISES
On December 28, 2017, the Ministry of Industry and Trade issued the Circular No. 35/2016/TT-BCT on identification of foreign workers who are eligible for work permit exemption and internally reassigned by enterprises operating within eleven service sectors specified in Vietnam’s WTO commitments on services.
Accordingly, Grounds for identification of foreign...
LIFE INSURANCE MUST REGISTER THE CONTRACT FORMS
This requirement is prescribed in the Decision No. 35/2015/QD-TTg dated August 20, 2015 of the Prime Minister on amending a number of articles of the Decision No. 02/2012/QD-TTg on promulgation of essential goods and services for which contract forms and general transaction conditions must be registered.
In particular, beside life...
Recall discarded cell phone from july,2016
In accordance with the Decision No. 16/2015/QD-TTg dated May 22, 2015 of the Prime Minister on regulations on recall and treatment of discarded products, from July 01, 2016, accumulators of all types, batteries of all types, compact light; fluorescent light, desktop or laptop; computer monitor; CPU (micro processor), printer;...
REGULATIONS ON NON-STOP ELECTRONIC TOLL COLLECTION
Decision No. 07/2017/QD-TTg on non-stop electronic toll collection issued by the Prime Minister on March 27, 2017 of the Prime Minister; takes effect on May 15, 2017.
This Decision points out that a vehicle subject to tolls shall be affixed to with a tag in conformity with standards for passive...
GUIDING THE ISSUANCE THE RECEIPT OF CHARGES AND FEES
On November 15, 2016, the Ministry of Finance issued Circular No. 303/2016/TT-BTC guiding the printing, issuance, management and use of documents for the collection of charges and fees belonging to the State budget.
Accordingly, receipt issuance notices shall be made for receipts printed on orders placed by provincial-level Tax Departments...
Support 20% of interest rate of loan for a coach station expansion project in the form of socialization
On April 16, 2015, the Prime Minister signed the Decision No. 12/2015/QD-TTg to attract investment in and operation of coach station in the form of socialization, based on each locality’s resources, a coach station investment, upgrading or expansion project in the form of socialization will be eligible for a...
banks allowed purchasing debts having the bad debt ratio under 3%
From September 01, 2015, credit institutions, foreign banks’ branches shall be only permitted for debt purchase when being approved on the establishment and operation license of credit institutions, establishment license of foreign bank’s branches (hereinafter referred to as the License) by the State Bank and having the bad debt...
