Receive 10% of the value of confiscated material evidences and fine payment on announcing administrative violationns
This is the content prescribed at the Circular No. 105/2014/TT-BTC dated August 07, 2014 of the Ministry of Finance amending, supplementing a number of articles of the Circular No. 153/2013/TT-BTC dated October 31, 2013[...]
Credit institutions are entitled to overdraft for compensate for the shortage of capital in the inter-bank electronic payment
Takes effect on March 25, 2017, the Circular No. 29/2016/TT-NHNN dated October 12, 2016 stipulating overdraft and overnight lending applicable in the inter-bank electronic payment, to allow credit institutions to make payment in excess of the credit balance in their Vietnamese dong clearance account opened at the Banking Operation...
average retail price is vnd 1,622.01 per kwh
In accordance with the Decision No. 2256/QD-BCT dated March 12, 2015 of the Ministry of Industry and Trade on electricity price, the average retail price is VND 1,622.01 per kWh (exclusive of VAT) shall be applicable from March 16, 2015 instead of the price of VND 1,508.85 per kWh...
GUIDING THE DETERMINATION OF COSTS OF MAINTENANCE OF CONSTRUCTION WORKS
On March 16, 2017, the Ministry of Construction issued the Circular No. 03/2017/TT-BXD guiding the determination of costs of maintenance of construction works; applicable to owners or manager, users of construction works and relevant entities engaging in determination of costs of maintenance of construction works funded by the State...
The pest announcement decision shall be notified within 24 hours
On December 04, 2014, the Government issued the Decree No. 116/2014/ND-CP detailing a number of articles of the Law on Plant Protection and Quarantine, prescribing that within 24 hours after pest announcement, the pest announcement decision shall be notified in the central and local mass media; administrations of localities...
Bank must agree with VDB before enterprises borrowing capital
On October 09, 2014, the State Bank of Vietnam issued the Circular No. 29/2014/TT-NHNN dated guiding commercial banks to coordinate with Vietnam Development Bank in the implementation of guarantee mechanism for small- and medium-sized enterprises borrowing capital as stipulated under the guarantee regulation promulgated together with the Decision No. 03/2011/QD-TTg dated January 10, 2011 of the Prime Minister.[...]
THE MINISTRY OF LABOR, WAR INVALIDS AND SOCIAL AFFAIRS HAS 23 AFFILIATED UNITS
From February 17, 2017, the Ministry of Labor, War Invalids and Social Affairs only have 23 affiliated units, reduced by 01 unit compared with previous regulations is the important content in the Decree No. 14/2017/ND-CP dated February 17, 2017 of the Government on functions, tasks, powers and organizational structure...
REGULATIONS ON GOOD LABELS
Takes effect on June 01, 2017, the Decree No. 43/2017/ND-CP dated April 04, 2017 of the Government on good labels, prescribing that manufacturers and traders of goods in Vietnam; importers of goods must present good labels, exempt for real property; goods temporarily imported for re-export; goods temporarily imported for...
Gold jewelry with gold content of under 95% having export tax at 0%
The Ministry of Finance has issued the Decision No. 788/QD-BTC dated April 27, 2015 on promulgating new administrative procedures on export of gold jewelry, goldsmiths’ wares and other golden articles in subheadings 71.13, 71.14, 71.15 of export tax schedule in the field of customs under the authority of Ministry...
Revocation of the certificate of registration of investment in the form of public-private partnerships
On June 28, 2016, the Ministry of Planning and Investment issued the Circular No. 06/2016/TT-BKHDT guiding a number of articles of Decree no. 15/2015/ND-CP dated February 14, 2015 by the Government on investment in the form of public-private partnerships. Within 30 days from the day on which the application...
