FROM NOVEMBER 23, FEE PAID FOR SINGLE-ENTRY VISA IS REDUCED TO USD 25
This is one of the significant contents regulated under the Circular No. 157/2015/TT-BTC dated October 08, 2015 promulgating on collection, payment, and management of fees for issuance of passports, visas, documents for entry, exit, transit, and residence in Vietnam.
Accordingly, from November 23, 2015, fee paid for single-entry visa is...
Encourage to provide for the voluntary supplemental retirement program
At the Decree No. 88/2016/ND-CP dated July 01, 201 of the Government on voluntary supplemental retirement program. The Government encourages developing voluntary supplemental retirement programs by means of incentive policies provided for in laws on taxation and investment results and payment rates made by retirement funds shall not be...
imported trees must be monitored from 6 to 12 months
On October 30, 2014, the Ministry of Agriculture and Rural Development issued the Circular No. 33/2014/TT-BNNPTNT providing the order and procedures for plant quarantine upon import, export and transit and post-import quarantine of articles subject to plant quarantine. This Circular applies to Vietnamese and foreign organizations and individuals engaged...
Marriages and families involving foreign elements must go to the center for consultancy
On December 31, 2013, the Ministry of Justice issued the Circular No. 22/2013/TT-BTP detailing and guiding the implementation of some articles of the Decree No. 24/2013/ND-CP dated March 28, 2013 [...]
Invalidating redgulations on importation of used machinery equipment
On August 29, 2014, the Minister of Science and Technology signed the Decision No. 2279/QĐ-BKHCN on invalidating Circular No.20/2014/TT-BKHCN on importation of used machinery, equipment and technological line.[...]
Limit on trading, providing interest rate derivative products
According to the Circular No. 01/2015/TT-NHNN dated January 06, 2015 of the Vietnam State Bank stipulating trading and provision of interest rate derivative products of commercial banks, foreign bank branches, credit institutions, foreign bank branches are permitted trading, providing and using interest rate derivative products when limit of net...
Activities of representative office of foreign Educational Institute in Vietnam
Under Vietnam Law, a Foreign Educational Institute having been operating in Foreign Country for at least 5 years upward, being recognized by competent authority in Foreign Country for its quality can setup a Representative Office in Vietnam. [...]
The maximum fee for appraisal of performance art programs is VND 5 million
On November 15, 2016, the Ministry of Finance issued the Circular No. 288/2016/TT-BTC on amounts, collection, payment, management and use of fees for appraisal of performance art programs; fees for appraisal of performances recorded on tapes, discs, software programs or other materials.
At this Circular, the Ministry of Finance, the...
Principles of opening pre-investment accounts of offshore investment activities
On June 29, 2016, the State Bank of Vietnam issued the Circular 12/2016/TT-NHNN guiding the foreign exchange management of offshore investment activities and takes effect August 13, 2016.
In accordance with the regulations of this Decree, after being granted an offshore investment registration certificate, an investor shall open 1 (one)...
FREE TAX FOR PURCHASE, SALE AND EXCHANGE OF GOODS BY BORDER INHABITANTS
The subjects are entitled to exemption from import duty and other taxes (if any) for purchased, sold or exchanged goods valued at no more than VND 2,000,000 (two million)/person/day/time, for 4 times at most a month, for goods on the Ministry of Industry and Trade-promulgated list of goods allowed...
