gavel_scale_of_justice_400_clr_2880

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.[...]
APPROVAL PROCEDURE FOR ACTIVITIES OF EXPORT, IMPORT OF FOREIGN CURRENCY IN CASH

Approval procedure for activities of export, import of foreign currency in cash

On December 26, 2013, the Vietnam State Bank issued the Circular No. 33/2013/TT-NHNN providing guidelines upon approval procedure for activities of export, import of foreign currency in cash of permitted banks. Under this Circular, commercial banks, branches of foreign banks permitted that have demand on export and import of foreign...
NEW REGULATIONS ON MAXIMUM PRICES OF DAIRY PRODUCTS

New regulations on maximum prices of dairy

At the Decision No. 1079/QD-BTC dated May 20, 2014 of the Ministry of Finance on measure application to stabilize the prices of dairy products for infants under 6, the Ministry of Finance provides detailed regulations on maximum price applied for 25 dairy products for [...]

LIST OF 80 EQUIPMENTS SUBJECTED TO OCCUPATIONAL HYGIENE AND SAFETY REQUIREMENTS

On December 28, 2016, the Ministry of Labor, War Invalids and Social Affairs  issues the Circular No. 53/2016/TT-BLDTBXH issuing the list of machinery, equipment and materials subjected to occupational hygiene and safety requirements. This List includes 80 equipments subjected to occupational hygiene and safety requirements, including 46 Machinery, equipment and...

A license for hydro-meteorological forecast and warning activities is valid for 5 years at most

In accordance with the Decree No. 38/2016/ND-CP dated May 15, 2016 of the Government detailing a number of articles of the Law on Hydro-meteorology, a license for hydro-meteorological forecast and warning activities is valid for 5 years at most and extend at least 30 days before the license expires...
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...
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.[...]

Price of 1 set of bidding document shall not exceed vnd 2 million

According to Circular No. 58/2016/TT-BTC dated March 29, 2016 of the Ministry of Finance detailed regulations on use of State funding for making purchases for the purpose of maintaining regular operations of State agencies, units affiliated to people's armed force, public service providers, political organizations, socio-political organizations, social- political-professional...

The application of the Advanced Pricing Agreement (APA) mechanisms in tax administration for enterprises that have associated transactions

On June 18, 2021, The Ministry of Finance issued Circular No 45/2021/TT-BTC guiding the application of the Advanced Pricing Agreement (APA) mechanisms in tax administration for enterprises that have associated transactions. Accordingly, the regulations of APA proposing transactions as follows: - APA proposing transactions are associated transactions specified in Clause 2, Article 1 Decree No 132/2020/ND-CP. Currently, APA transactions are...

the warranty period for construction works is not be shorter than 12 months

On May 12, 2015, the Government issued the Decree No. 46/2015/ND-CP on quality management and maintenance of construction works and takes effect on July 01, 2015, prescribed that construction contractors and equipment supply contractors shall take responsibility before project owners for providing warranty for the jobs they have carried...