Credit institution must have advances from vamc for the bad debts

In accordance with the Circular No. 20/2014/TT-NHNN dated August 12, 2014 of the State Bank of Vietnam on receipts and advances from Vietnam Asset Management Company (VAMC) for the bad debts bought by special bonds[...]
Law on protection of consumers’ rights 2010

Assignment of given sea areas to organizations and individuals for marine resource exploitation

On May 21, 2014, the Government issued the Decree No. 51/2014/ND-CP providing the assignment of given sea areas to organizations and individuals for marine resource exploitation and use with the maximum duration is 30 years[...]

The maximum time limit extension for tax payment is 02 years

Many new contents on enterprise income taxes, personal income tax or VAT tax are prescribed by the Government at the Decree No. 91/2014/ND-CP dated October 01, 2014 amending, supplementing a number of Articles under the Decree regulating on Tax.[...]

Wonder about surrogacy in Vietnam

Question: We are a couple living in France and we wonder about surrogacy in Vietnam. I understand that 3 hospitals do this, I wonder about the price and how we can start applying? Answer: According to your enquiry about surrogacy in Vietnam, we consider that you should contact to medical examination and...
Procedures of declaring value added tax for foreign contractors

Procedures of declaring value added tax for foreign contractors

On February 11, 2015, the Ministry of Finance signed the Decision No. 274/QD-BTC on publishing amendments and supplements of administrative procedures in the tax management under the Ministry of Finance’s authority. Under this Decision, procedures of declaring tax for foreign contractors, foreign sub-contractors paying value added tax according to the...

RESTRUCTURING THE ELECTRICITY SECTOR IN THE 2016 – 2020 PERIOD

n order to enhance effectiveness in business of the electricity sector ; improve the effectiveness of the electricity regulation for the purpose of ensuring the sustainable electricity system and meeting requirements for providing electricity safely, stably, and efficiently and apply electricity prices in line with market mechanism under the...

LIST OF POTENTIALLY UNSAFE GOODS AND PRODUCTS

The List of potentially unsafe goods and products under the management of the ministry of information and communications is issued by the Ministry of Information and Communications on December 26, 2016 at the Circular No. 42/2016/TT-BTTTT. The List includes 05 terminal devices; 05 radio equipment and equipments in cabled distribution...
balance

Management of the balance of international payments of VIETNAM

In accordance with the Decree No. 16/2014/ND-CP dated March 03, 2014 of the Government On management of the balance of international payments of Vietnam, the Ministries of Planning and Investment; Finance; Industry and Trade[...]
Labor Code contents

Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number of the Labor Code’s contents

Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number of the Labor Code’s contents, the employer must pay salary directly, fully and on time for employees. In special cases due to natural disaster, fire or force majeure reasons, the employer may pay salary...

By 2020, 30% of the population makes online purchase

This is the target specified in master plan for e-commerce development in 2016 - 2020 period that been approved by the Prime Minister in Decision No. 1563/QD-TTg dated August 08, 2016. Specifically, by the year of 2020, there will be 30% of the population make online purchase with the total...