Legal Updates

On November 21, 2013, the Government promulgated Decree No.  194/2013/ND-CP on the re-registration, transformation of foreign-invested enterprises and renewal of investment license of investment projects under form of business cooperation contract  Accordingly, a foreign-invested enterprise already granted investment license before July 01, 2006, may decide on its re-registration, transformation of...

On June 18, 2014, the Ministry of Finance issued the Circular No. 78/2014/TT-BTC guiding the implementation of the Government’s Decree No. 218/2013/ND-CP of December 26, 2013, detailing and guiding the implementation of the Law on Enterprise Income Tax (EIT)[...]

On January 28, 2016, the Government issue the Decree No. 09/2016/ND-CP providing for food fortification with micronutrients, from March 16, 2017, to add more iodine to salt referred to in paragraph 1 (a) Article 6 hereof to prevent and control goitre, mental retardation and other iodine deficiency disorders. Wheat flour...

On April 14, 2015, the Ministry of Finance issued the Circular No. 49/2015/TT-BTC providing for customs procedures for mails, postal matters and parcels, imports and exports sent via postal services of designated enterprises. According to this Circular, Imported or exported mails sent via postal...

On October 19, 2016, the Ministry of Information and Communications issued the Circular No. 22/2016/TT-BTTTT providing for the management of external communication activities of central-affiliated cities and provinces, including providing information for promotion of the province/city’s image and provision of explanatory or clarifying information. The information concerning the promotion of...

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...

On June 26, 2014, the Ministry of Finance issued the Circular No. 83/2014/TT-BTC guiding the application of value-added tax according to Vietnam’s list of imports; within that the most important content is the VAT rate applicable to unprocessed or preliminarily processed cultivation, husbandry or aquatic products, and fresh or raw foods at the stage of trading.[...]

On October 25, 2016, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 32/2016/TT-BLDTBXH guiding the management of employees and remunerations in deposit insurance of Vietnam. O Within that, the adjustment and promotion of managerial personnel’s pay grade upon the re-ranking of Deposit Insurance of Vietnam...

On December 22, 2014, the Ministry of Industry and Trade issued the Circular No. 59/2014/TT-BCT dated December 22, 2014 prescribing conditions for food safety assurance for vegetable oil production and trading establishments and takes effect on February 06, 2015. Accordingly, Vegetable oil production establishments must have production location constructed under...

On November 12, 2018, the Government issues the Decree No. 155/2018/ND-CP on amendments to some articles related to business conditions under state management of the Ministry of Health. One of the remarkable contents of this Decree is food safety requirements for the food and beverage establishments. To be specific, those...