From October 15, transfer the permit for foreign exchange transactions
The State Bank of Vietnam issued the Circular No. 21/2014/TT-NHNN dated August 14, 2014 guiding the foreign exchange transactions, conditions, process and procedures for accepting the foreign exchange transactions of credit institutions and branches of foreign banks[...]
Providing for salary payment to managers in state companies
On June 13, 2016, the Decree No. 52/2016/ND-CP issued by the Government providing for salary, remuneration and bonus payment to managers of single-member limited liability companies of which charter capital is wholly owned by the State.
Accordingly, for economic corporation, the pay factors of full-time President of the Board of...
Regulations on the construction cost management
The Government issued the Decree No. 32/2015/ND-CP dated March 25, 2015 on the construction cost management including total construction investment, construction estimate, construction contract estimate, construction norms, construction prices, construction price indexes, project management and construction consultancy cost, payment for and finalization of construction contracts; reimbursement and statement of...
Industrial park’s managing board allowed to issue the work permit for foreigners
The Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 32/2014/TT-BLDTBXH guiding the authorization for performing a number of tasks of state management of labor in industrial parks, export processing zones, economic zones and hi-tech parks.
Accordingly, district-level People’s Committees shall authorize industrial park management boards to...
To reduce the import tax of motor sprint by 20% from april 14, 2015
On April 13, 2015, the Ministry of Finance issued the Circular No. 48/2015/TT-BTC amending the preferential import tax rates applicable to a number of items in subheading 27.10 of preferential import tariff.
Accordingly, from April 14m 2015, the preferential import tax for a number of items of biogasoline and...
THE STATE BUDGET SHALL BE DISCLOSED AND OVERSEEN
The State Budget that shall be disclosed and overseen by the public is one of the significant contents under the Law on the State budget No. 83/2015/QH13 approved on June 25, 2015 by the National Assembly.
Specifically, data of an explanatory reports on Councils, estimates already decided by competent authorities,...
The policies on redundancy to employees in the company when restructuring the state companies
On July 22, 2015, the Government issued the Decree No. 63/2015/ND-CP dated July 22, 2015 of the Government providing the policies towards redundant employment in accordance with the restructuring of state-owned one member limited companies.
Accordingly, policies towards redundant employees that are recruited before April 21st, 1998 or before April...
Employee on maternal leave must pay health insurance premiums
This is one of the important content of the Decree No. 105/2014/ND-CP dated November 15, 2014 of the Government detailing and guiding the implementation of a number of articles of the Health Insurance Law.
In particular, In accordance with this Decree, from January 01, 2015, for an employee who is...
Guidelines on late payment interest for tax debts
On August 12, 2016, the Ministry of Finance promulgated the Circular No. 130/2016/TT-BTC guiding the Government Decree No. 100/2016/ND-CP on the implementation of the Law on amendments to certain articles of the Law on value added tax, the Law on special excise tax and the Law on tax administration...
Many incentives and supports for environmental protection activities
In accordance with the Decree No. 19/2015/ND-CP issued by the Government on February 14, 2015 detailing a number of articles of the Law on Environmental Protection. The State shall provide land- and capital-related incentives and supports; exempt and reduce taxes for environmental protection activities; subsidize prices and support sale...
