To classify pay scale and payroll in state securities trading organization
Takes effect on December 10, 2016, the Circular No. 31/2016/TT-BLDTBXH dated October 25, 2016 on management of employees, salary, remuneration and bonus by organizations that are incorporated and operate as wholly state-owned single-member limited liability companies under the law on securities, including the Stock Exchange of Hanoi; the Stock...
HIGH-SPEED VESSELS HAVE THE MAXIMUM PERIOD OF 20 YEARS MEASURED
On November 20, 2014, the Government issues the Decree No. 111/2014/ND-CP prescribing the useful life of inland waterway vessels and the useful life of vessels permitted for import and takes effect on January 05, 2015.
Accordingly, inland waterway vessels have useful life from 18 – 35 years depending on each...
Credit institutions allows to have custody services, security cabinets and safes for lease
In accordance with the Circular No. 02/2016/TT-NHNN on provision of the custody services, security cabinets and safes for lease by credit institutions issued by the State Bank of Vietnam on February 26, 2016, Credit institutions allows to have custody services, security cabinets and safes for lease when such services...
TIME LIMIT OF AN AUDIT DOES NOT EXCEED 60 DAYS
Audit process issued by the State Audit Office of Vietnam on December 23, 2016 is attached with the Decision No. 08/2016/QD-KTNN, prescribing that the audit process comprises 4 steps such as Preparation; Performance; Making and sending audit reports; Oversight of performance of audit conclusions and audit requests.
In accordance with...
Health quarantine process for persons on entry or exit
On December 05, 2014, the Ministry of Health issued the Circular No. 46/2014/TT-BYT guiding the health quarantine process, of which it stipulates health quarantine process for persons on entry or exit or in transit at road and railway border gates, at international airports and at waterway border gates.
Under this...
TO ADJUST AVERAGE MONTHLY INCOME FOR WHICH SOCIAL INSURANCE
Takes effect on February 11, 2017, the Circular No. 42/2016/TT-BLDTBXH dated December 28, 2016 of the Ministry of Labor, War Invalids and Social Affairs on indexing factor in calculation of average monthly income for which social insurance has been paid.
Accordingly, Indexed monthly wage as the basis for social insurance...
Circular No. 04/2015/TT-BLĐTBXH
Circular No. 04/2015 / TT-BLĐTBXH of the Ministry of Labour, Invalids and Social Affairs guiding the implementation of compensation, pension and health care costs of the employer to the employee accident labor, occupational diseases
Accident workers decrease the ability to work from 5% - 10% shall be compensated at least...
Registration of civil status at overseas vietnamese consular offices
On June 30, 2016, the Ministry of Foreign Affairs and the Ministry of Justice issued Joint Circular No. 02/2016/TTLT- BNG-BTP guiding the registration and management of civil status at overseas Vietnamese diplomatic missions and consular offices.
In accordance with this Joint Circular, the representative mission in the consular region where...
Regulations on Labor Recruitment
On January 16, 2014, the Government promulgated the Decree No. No. 03/ND-CP dated January 16, 2014 detailing the implementation of a number of Articles of the Labor Code regarding employment. Under this Decree, the employer is entitled to employ Vietnamese labor directly or via employment services or outsourcing service providers to...
Apply the enterprise income tax of 20% from January 01,2016
The persons subject to the tax rate of 22% specified in this Clause shall be subject to the tax rate of 20% shall applied onJanuary 01, 2016 is the content prescribed at the Decree No. 218/2013/ND-CP dated December 26, 2013 of the Government detailing and guiding the implementation of the Law on Enterprise Income Tax[...]
