On energy consumption norms in beer and beverage production industry

Takes effect on November 01, 2016, the Circular No. 19/2016/TT-BCT dated September 14, 2016 of the Ministry of Industry and Trade on energy consumption norms in beer and beverage production industry in the period to the end of 2020 and the period from 2021 to the end of 2025. Particularly,...
SUBJECTS ALLOWED TO USE FOREIGN EXCHANGE WITHIN VIETNAM’S TERRITORY

Subjects allowed to use foreign exchange within Vietnam’s territory

On December 26th 2013, the State Bank of Vietnam issued Circular No. 32/2013/TT-NHNN on guiding the implementation of regulations on restricting the use of foreign exchange within the territory of Vietnam and residents are allowed to contribute capital in foreign currency by transfer in order to perform foreign investment projects in Vietnam. [...]

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[...]
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Guidelines on receipt and return of trafficked victims

guiding the order, procedures for and coordination in, the verification, identification, receipt and return of trafficked victims.
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Invalidating regulations on importation of used machinery, equipment

Facing with many negative reactions from enterprises of construction and agriculture machines and equipments, on August 29, 2014, the Minister of Science and Technology signed the Decision No. 2279/QD-BKHCN invalidating Circular No.20/2014/TT-BKHCN on importation of used machinery, equipment and technological line.[...]
Viettel group

Viettel group has dominant position on land mobile information services

On June 15, 2015, the Ministry of Information and Communications issued the Circular No. 15/2015/TT-BTTTT amending a number of articles of the Circular No. 18/2012/TT-BTTTT dated November 15, 2012 of the Ministry of Information and Communications on list of telecommunications enterprises, group of telecommunications enterprises with dominant position on...
FROM 2016, TOTAL NUMBER OF NATIONAL ASSEMBLY DEPUTIES MUST NOT EXCEED 500

From 2016, total number of national assembly deputies must not exceed 500

The total number of National Assembly deputies must not exceed 500, including full-time and part-time National Assembly deputies, of which the number of full-time National Assembly deputies must account for at least 35% of the total number of National Assembly deputies is one of the most significant points under...

Time limit for price registration of each item shall not exceed 6 months

On November 14, 2013, the Government issued Decree No. 177/2013/ND-CP on detailing and guiding the implementation of a number of the Law on Price, regulating that during the time the State applies the measures of price registration for price stabilization for specific items under stabilization [...]

Audits of projects financed by the governments on-lending of foreign borrowed funds

Takes effect on July 20, 2016, the Circular No. 79/2016/TT- BTC dated June 06, 2016 of the Ministry of Finance guiding the implementation of the financial audits of programs or projects financed by the Government’s on-lending of foreign borrowed funds on Auditing of eligibility to qualify for on-lent funds;...

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.[...]