Import conditions of automobiles and motorcycles for repatriated overseas Vietnamese citizens

On February 12, 2014, the Ministry of Finance issued the Circular No. 20/2014/TT-BTC prescribing the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are permitted to register permanent residence in Vietnam[...]

A PREGNANT EMPLOYEE MAY UNILATERALLY TERMINATE

If a pregnant employee has a confirmation given by a competent medical facility that the continuation of working will impact negatively the embryo, she may unilaterally terminate or suspend the labor contract is the important contents prescribed at the Decree No. 85/2015/ND-CP dated October 01, 2015 of the Government...

GUIDING THE DETERMINATION AND MANAGEMENT OF CONSTRUCTION SURVEY COSTS

In accordance with the Circular No. 01/2017/TT-BXD dated February 06, 2017 guiding the determination and management of construction survey costs, project owners shall assume the prime responsibility for ensuring quality of construction surveys and managing construction survey costs. Within that, construction survey costs shall be correctly and fully calculated for...

To reduce 50% of personal income tax for staffs working in border-gate economic zones

On November 26, 2013, the Prime Minister promulgated Decision No. 72/2013/QD-TTg, prescribing mechanisms and financial policies applicable to border-gate economic zones, which regulates that Vietnamese and foreigners directly working or involved in production and business activities [...]

TO EXEMPT FROM REGISTRATION FEE FOR CLEAN-ENERGY OPERATED PUBLIC TRANSPORT BUSES

This is one of the most important contents prescribed at the Circular No. 140/2015/TT-BTC dated September 03, 2015 of the Ministry of Finance amending and supplementing a number of articles of the Circular No. 124/2011/TT-BTC dated August 31, 2011 of the Ministry of Finance guiding registration fee. Accordingly, besides some...

Exempt the license for explosive precursors is smaller than 05 kg per year for testing

This is the content prescribed at the Decree No. 76/2014/ND-CP dated July 29, 2014 of the Government guiding the Ordinance on management and use of weapons, explosive materials, and combat gear and takes effect on September 15, 2014.[...]

FROM NOVEMBER 23, FEE PAID FOR SINGLE-ENTRY VISA IS REDUCED TO USD 25

This is one of the significant contents regulated under the Circular No. 157/2015/TT-BTC dated October 08, 2015 promulgating on collection, payment, and management of fees for issuance of passports, visas, documents for entry, exit, transit, and residence in Vietnam. Accordingly, from November 23, 2015, fee paid for single-entry visa is...

Conditions on export of minerals

On July 05, 2016, the Ministry of Industry and Trade issued the Circular No. 12/2016/TT-BCT on amending and supplementing a number of articles of the Minister of Industry and Trade’s Circular No. 41/2012/TT-BCT of December 21, 2012, providing the export of minerals. Within that, the important content is the regulations...

VAMC MUST REPORT BAD DEBTS BEFORE 02 OF MARCH BEFORE THE FINANCIAL YEAR

Takes effect on February 15, 2017, the Circular No. 33/2016/TT-NHNN dated December 27, 2016 of the State Bank of Vietnam on ratios of revenues of asset management company of Vietnamese credit institutions to bad debts bought with special bonds. At the Circular, the State Bank of Vietnam prescribes not later...
Bank

Depositors are paid within 25 days after bank’s bankruptcy

On September 06, 2014, the State Bank of Vietnam issued the Circular No. 24/2014/TT-NHNN guiding some contents in deposit insurance and this Circular is applied to the subjects such as the Deposit Insurance of Vietnam.[...]