Guidance for preparing financial statements

Guidance for preparing interim financial statements

On May 18, 2015, the Ministry of Finance issued the Circular No. 75/2015/TT-BTC amending the Article 128 of the Circular No. 200/2014/TT-BTC dated December 22, 2014 guiding the accounting policies for enterprises. In accordance with this Circular’s regulation, every enterprise which is required to prepare interim financial statements (quarterly...

By 2020, 30% of the population makes online purchase

This is the target specified in master plan for e-commerce development in 2016 - 2020 period that been approved by the Prime Minister in Decision No. 1563/QD-TTg dated August 08, 2016. Specifically, by the year of 2020, there will be 30% of the population make online purchase with the total...

To 2020, Vietnam basically become an industrial country

With the objects to build and develop the supporting industry to ensure the implementation of target by 2020 to make Vietnam basically become an industrial country having products of supporting industry with high competitiveness[...]

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[...]

NOT PROPOSE SPECIAL AMNESTY FOR PERSON WHO IS CONVICTED OF REBELLION, TERRORISM

On November 19, 2018, the National Assembly ratifies Law No. 30/2018/QH14 on Special amnesty, within that there are many detailed regulations on condition for being proposed for special amnesty with person who is convicted of offenses against human life, health, dignity and honor or illegal deal in narcotic substances… Besides...

Development of infrastructure

On September 06, 2016, the Prime Minister issued the Decision No. 1734/QD-TTg on granting approval for project “Policies on synchronous development of infrastructure in the country, linking domestic infrastructure development with regional infrastructure networks”. At this project, the Prime Minister asked Ministries, Ministerial-level agencies and related agencies focus on the...

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...
Annul the experience factor for preschool foreign teachers

Annul the experience factor for preschool foreign teachers

In accordance with the Decree No. 124/2014/ND-CP dated December 29, 2014 of the Government amending Clause 6, Article 31 of the Government’s Decree No. 73/2012/ND-CP of September 26, 2012, on foreign cooperation and investment in education, from February 16, 2015, The foreign teachers and lecturers teaching in short-term training...

IMPOSE A FINE OF VND 3,000,000 UPON ANY EMPLOYER FOR COLLECTING MONEY FROM APPLICANTS

There are many important contents prescribed at the Decree No. 88/2015/ND-CP dated October 07, 2015 of the Government on amending a number of article of the Decree No. 95/2013/ND-CP dated August 22, 2013 of the Government on penalties of administrative violations in labor, social insurance and overseas manpower supply...
Compensate at least 1.5 times the salary for employees losing work capability from 5%

Compensate at least 1.5 times the salary for employees losing work capability from 5%

Compensation to persons as victims of occupational accidents and diseases is at least 30 months of salary for employees losing work capability from 81% and over, or becoming fatal due to occupational accidents and diseases and at least 1.5 times the salary for employees losing work capability from 5-10%...