From july 01, increase water surface rental frame

In accordance with the Decree No. 46/2014/ND-CP dated May 15, 2014 of the Government On collection of land rental and water surface rental from July 01, 2014, the water surface rental frame is increased double or triple compared with current frame[...]

CITIZENS HAVE THE RIGHT TO MONITOR INVESTMENT PROJECTS

On December 30, 2015, the Government issued the Decree No. 84/2015/ND-CP on investment supervision and evaluation; within that, Citizens have the right to monitor investment projects through community investment monitoring boards. In particular, a community investment monitoring board may request competent state management agencies to provide information on socio-economic development...
restaurant is not registered environmental protection plan

A restaurant area of below 200m2 not subject to registration of environmental protection plans

On February 14, 2015, the Government issued the Decree No. 18/2015/ND-CP prescribing environmental protection master plan, strategic environmental assessment, environmental impact assessment and environmental protection plan. Within that, the most important contents on registration of environmental protection plans, from April 01, 2015, Investment projects on construction, or expansion of...

Banks must converse basic foreign exchange activities before November of 2017

On October 05, 2016, the State Bank of Vietnam issued the Circular No. 28/2016/TT-NHNN on amending and supplementing a number of articles of Circular No. 21/2014/TT-NHNN of August 14, 2014, of the Governor of the State Bank of Vietnam, guiding the scope of foreign exchange activities and the conditions,...

New regulations on bank transfer confirmation

On October 28, 2016, the Ministry of Finance issued the Circular No. 173/2016/TT-BTC on amending and supplementing the first paragraph of clause 3 Article 15 of Circular No. 219/2013/TT-BTC by the Ministry of Finance (amended by Circular No. 119/2014/TT-BTC, Circular No. 151/2014/TT-BTC and Circular No. 26/2015/TT-BTC by the Ministry...

Quickly detect and tackle with tobacco smuggling

Before the developments in the tobacco smuggling, trafficking, concealment and trading in illegally imported tobacco have still occurred seriously, especially in the provinces and cities below: Quang Tri, Tay Ninh, Long An, Dong Thap, An Giang, Kien Giang, Ho Chi Minh, Da Nang, Hai Phong, Quang Ninh…[...]

Income from the property lease vnd 100 million/year not required to pay VAT

The Ministry of Finance issued the Circular No. 119/2014/TT-BTC dated August 25, 2014 of the Ministry of Finance amending and supplementing a number of articles of the Circular No. 156/2013/TT-BTC, Circular No. 111/2013/TT-BTC, Circular No. 219/2013/TT-BTC, Circular No. 08/2013/TT-BTC, Circular No. 85/2011/TT-BTC, Circular No. 39/2014/TT-BTC and Circular No. 78/2014/TT-BTC in order to simplify tax formalities.[...]

Taxable price of natural water used for hydroelectricity generation

On October 28,2016, the Ministry of Finance issued the Circular No. 174/2016/TT-BTC on amending and supplementing point a Clause 4 Article 6 of Circular No. 152/2015/TT-BTC dated October 02, 2015 by the Ministry of Finance providing guidance on resource royalty. Accordingly, from December 12, 2016, taxable price of natural water...

Management and use of seals

The Decree No. 99/2016/ND-CP on management and use of seals is issued by the Government on July 01, 2016, provides  for  the  management and  use  of  seal  of  state bodies, people’s armed forces and bodies of the organizational system of Communist Party of Vietnam, Vietnam Fatherland Front, social –...

Supporting time for preferred loans is a maximum of 15 years

In accordance with the Resolution No. 61/NQ-CP dated August 21, 2014 of the Government on amending, supplementing the Resolution No. 02/NQ-CP dated January 07, 2013 of the Government on promulgating solutions in removing difficulties for business and production, supporting market and handling bad debts[...]