RATES OF ENVIRONMENTAL PROTECTION CHARGE ON MINERAL EXPLOITATION ARE VND 100,000/TON FOR CRUDE
Takes effect on January 01, 2017, the Decree No. 164/2016/ND-CP dated December 24, 2016 of the Government on environmental protection charge on mineral exploitation prescribing that the rates of environmental protection charge on mineral exploitation are VND 100,000/ton for crude, VND 50/m3 for natural gas and coal seam gas,...
15 DAYS BEFORE THE OPERATING DATE, THE ELECTRICITY LICENSE MUST BE OBTAINED
The Ministry of Industry and Trade issues the Circular No. 36/2018/TT-BCT on procedures for issuance and revocation of electricity licenses.
According to the new Circular, at least 15 business days before its planned date of official operation, the organization engaging in the electricity industry must submit an application for electricity...
Foreign organizations must make regular reports on recruitment of vietnamese employees
This is the prominent content prescribed at the Decision No. 19/2015/QD-TTg dated June 15, 2015 of the Prime Minister prescribing criteria for identifying hi-tech enterprises.
Accordingly, from August 01, 2015, beside satisfying the criteria prescribed at Point a and b, Article 75 of the Investment Law, a hi-tech enterprise ...
New regulations on the management of state foreign exchange reserves
On May 20, 2014, the Government issued the Decree No. 50/2014/ND-CP on the management of State foreign exchange reserves.
IN 2017, VIETNAM IMPORTS MORE THAN 50.000 DOZENS OF POULTRY EGGS
On March 03, 2017, the Ministry of Industry and Trade issued the Circular No. 03/2017/TT-BCT on prescribing principles of regulation of import tariff quotas for salt and poultry eggs in 2017.
This Circular also shows that the Ministry of Industry and Trade still remains import tariff quotas in 2017 for...
Invalidating redgulations on importation of used machinery equipment
On August 29, 2014, the Minister of Science and Technology signed the Decision No. 2279/QĐ-BKHCN on invalidating Circular No.20/2014/TT-BKHCN on importation of used machinery, equipment and technological line.[...]
Responsibility to assess, and claim compensation for environmental damage
On January 06, 2015, the Government issued the Decree No. 03/2015/ND-CP providing the assessment of environmental damage and replaces the Government’s Decree No. 113/2010/ND-CP of December 3, 2010, providing the assessment of environmental damage and takes effect on March 01, 2015.
Accordingly, organizations or individuals that pollute or degrade the...
Principles to review the transfer of land use right which has been invested in infrastructure construction for the residents.
On November 21, 2013, the Ministry of Construction and the Ministry of Home Affairs promulgated Joint Circular No. 20/2013/TTLT-BXD-BNV[...]
CONDITIONS FOR FACTORING ACTIVITY
On May 17, 2017, the State Bank of Vietnam issued the Circular No. 02/2017/TT-NHNN stipulating on factoring activity of credit institutions, foreign banks’ branches.
The Circular prescribing that for customers being residents, factoring unit shall consider and decide on factoring when customers being legal status that has legal personality of...
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...
