Temporary import of animal feeds for re-expor is exempted from quality inspection
December 24, 2014, the Ministry of Agriculture and Rural Development issued the Circular No. 50/2014/TT-BNNPTNT amending and supplementing a number of articles of the Circular No. 66/2011/TT-BNNPTNT dated October 10, 2011 of the Ministry of Agriculture and Rural Development detailing a number of articles of Decree No.08/2010/ND-CP dated 05/02/2010...
Restricted activities within a coast protection corridor
The Government issued Decree No. 40/2016/ND-CP on May 15, 2016 detailing a number of articles of the Law on Marine and Island Resources and Environment; in which the most important provision is about restricted activities within a coast protection corridor.
Accordingly, exploitation of groundwater may be conducted only in emergency...
Decree No. 32/2015/ND-CP of Government regarding to the construction cost management.
Some significant regulations of the Decree:
- Construction costs of each project, construction, contract must be calculated correctly and sufficiently and appropriate for design requirements, technical instructions, construction conditions, market prices at that time, and the construction site.
- Investors may hire cost management consultants who are qualified as prescribed in...
Guarantees for sale and hire-purchase of future-acquired houses
On June 25, 2015, the State Bank of Vietnam issued the Circular No. 07/2015/TT-NHNN stipulating the bank guarantee, within that guarantees for sale and hire-purchase of future-acquired houses is the most important contents.
In particular, when giving a bank guarantee to the owner of real estate projects developed for the...
EXEMPTING THE IMPORT TAX FOR 5 YEARS FOR MEDICAL EQUIPMENTS
This is the content prescribed at the Decision No. 54/2014/QD-TTg dated September 19, 2014 of the Prime Minister on import duty exemption for components imported to produce or assemble medical equipment prioritized for research and manufacture.
In particular, the Prime Minister agrees to exempt from import tax for components imported...
HIGH-SPEED VESSELS HAVE THE MAXIMUM PERIOD OF 20 YEARS MEASURED
On November 20, 2014, the Government issues the Decree No. 111/2014/ND-CP prescribing the useful life of inland waterway vessels and the useful life of vessels permitted for import and takes effect on January 05, 2015.
Accordingly, inland waterway vessels have useful life from 18 – 35 years depending on each...
To increase the entrance fees by vietnam fine arts museum
From 2017, the collection, payment, management and use of entrance fees by Vietnam Fine Arts Museum shall be applied in accordance with the Circular No. 181/2016/TT-BTC issued by the Ministry of Finance on November 07, 2016; replaces the Circular No. 174/2013/TT-BTC dated November 27, 2013.
Accordingly, the amount of entrance...
Charging the waste water by the water bills
On August 06, 2014, the Government issued the Decree No. 80/2014/ND-CP on the waste water drainage and treatment prescribing that Polluters must pay for pollution treatment; the income from drainage service must step by step cover the expense of drainage service.[...]
Not destroy the invoice with incorrect buyer’s name and address
In accordance with the Circular No. 26/2015/TT-BTC dated February 27, 2015 of the Ministry of Finance guiding the value-added tax and tax administration in Decree No. 12/2015/ND-CP on guidelines for the Law on amendments to Laws, Decrees on taxations, and amendments to Circular No. 39/2014/TT-BTC on invoices for goods...
Not yet handovered the house, the owner must pay 70% charges
On November 25, 2014, the National Assembly officially approved the Housing Law No. 65/2014/QH13, replacing the Housing Law No. 56/2005/QH11 with many new contents.
For owners of commercial housing projects, within 50 days from the date of handover of houses to purchasers or from the time when lessees make full...
