Food business facilities owners shall obtain certificate of food safety
Food business facilities owners or salespersons shall obtain the certificate of food safety and satisfy health requirements is the requirements for investment in food business facilities stipulated in Decree No.66/201/ND-CP dated July 01, 2016 of the Government on regulations on requirements for investment in protection and quarantine of flora,...
Requirements of judicial expertise in construction
On July 01, 2016, the Government issued Decree No.62/2016/ND-CP on regulations on requirements of judicial expertise in construction and construction experiments, applies to organizations, individuals at home and abroad involved in construction activities in the territory of Vietnam.
According to this Decree, construction judicial experts shall not only meet all...
Safe investment ratio of proprietary trader that is commercial banks is 7%
This content is regulated in Circular No. 10/2016/TT-NHNN dated June 29, 2016 of the State Bank of Vietnam guiding a certain contents of the Decree No. 135/2015/ND-CP dated December 31, 2015 of the Government on prescribing offshore indirect investment.
According to this Circular, the safe investment ratio of a proprietary...
Foreign exchange agents aren’t allowed to exchange foreign currency for other foreign currencies
As in former regulations, foreign exchange agents are not allowed to exchange foreign currency cash for Vietnam dong, then in accordance with this Circular, foreign exchange agents are not allowed to exchange foreign currency cash for other foreign currencies either. Now, these agents are only allowed to exchange Vietnam...
Enterprises running debt purchase and sale service must have at least VND 100 billion of charter capital
According to Decree No. 69/2016/ND-CP dated July 01, 2016 of the Government on requirements for running debt trading service, the minimum charter capital or investment capital of providers of debt trading brokerage service and debt trading consultancy service is VND 5 billion; with enterprises running debt purchase and sale...
Impose a fine of vnd 5 million for import of pesticides banned from use
This is the content prescribed at the Decree No. 31/2016/ND-CP of the Government on penalties for administrative violations against regulations on plant varieties, plant protection and quarantine.
Accordingly, from June 25, 2016, importing formulated pesticides which are in the list of pesticides permitted for use in Vietnam from a manufacturer...
Prohibit selling a drug at a price higher than its declared or posted price
From January 01, 2017, to prohibit to sell a drug at a price higher than its declared or posted price; Manufacturing, preparing or selling traditional drugs combined with pharmaceutical ingredients without permission of a competent state management agency, providing information, advertising, marketing, making prescriptions for, providing consultations on, labeling...
Notify students parents or guardians of their childs health periodically
At the Joint Circular No. 13/2016/TTLT-BYT-BGDDT dated May 12, 2016 on regulations on healthcare activities in schools, notify students’ parents or guardians of their child’s health at least once an academic year or where necessary. Medical staff shall status by the graduation as the in the higher level.
At the...
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;...
Exempt import tax within 05 years for raw materials or components
Circular No. 83/2016/TT-BTC issued by the Ministry of Finance on June 17, 2016 guiding the implementation of the investment incentive programs under the provisions of the Law on Investment and the Decree No. 118/2015/ND- CP dated November 12, 2015 specifying and guiding the implementation of several articles of the ...
