Guidelines on late payment interest for tax debts

On August 12, 2016, the Ministry of Finance promulgated the Circular No. 130/2016/TT-BTC guiding the Government Decree No. 100/2016/ND-CP on the implementation of the Law on amendments to certain articles of the Law on value added tax, the Law on special excise tax and the Law on tax administration...

TO SHORTEN THE TIME FOR GRANTING THE EXIT AND ENTRY PERMITS TO 5 WORKING DAYS

From August 20, 2015, the time for granting the exit and entry permits is shortened from 6 working days to 05 working days is the important content prescribed at the Circular No. 31/2015/TT-BCA dated July 06, 2015 of the Ministry of Public Security guiding a number of contents on...

TO CHANGE THE PRINCIPLES OF THE MANAGEMENT BOARD OF A APARTMENT BUILDING

On December 15, 2016, the Ministry of Construction issued the Circular No. 28/2016/TT-BXD on amending the Circular No. 10/2015/TT-BXD providing regulations on professional training courses in management of apartment buildings, the Circular No. 11/2015/TT-BXD providing regulations on issuance of real estate broker license; guidelines for training and improving knowledge...

The Over-quota import duty rates of un-manufactured tobacco and tobacco refuse of burley is 80%

On June 23, 2014, the Ministry of Finance issued the Circular No. 80/2014/TT-BTC amending and supplementing the Ministry of Finance’s Circular No. 111/2012/TT-BTC of July 4, 2012[...]
FROM 2016, TOTAL NUMBER OF NATIONAL ASSEMBLY DEPUTIES MUST NOT EXCEED 500

From 2016, total number of national assembly deputies must not exceed 500

The total number of National Assembly deputies must not exceed 500, including full-time and part-time National Assembly deputies, of which the number of full-time National Assembly deputies must account for at least 35% of the total number of National Assembly deputies is one of the most significant points under...

Cases under cancellation of transaction relationship with credit institutions

On December 5, 2013, the State Bank issued Circular No. 27/2013/TT-NHNN, amending and supplementing a number of articles of Ciruclar No. 02/2012/TT-NHNN dated February 27, 2012, on guiding foreign exchange transactions among the State Bank of Vietnam and credit institutions and foreign banks’s branches. [...]

TO INCREASE THE MINIMUM WAGES FROM JANUARY 01, 2019

On November 16, 2018, the Government issues the Decree No. 157/2018/ND-CP providing for region-based minimum wages applied to employees working under labor contracts. Accordingly, from January 01, 2019, the region-based minimum wages are specified as follows: - VND 4,180,000/month, for enterprises operating in localities of region I; - VND 3,710,000/month, for enterprises...

Not allow banks to get investment entrustment on production and business

In accordance with the Circular No. 30/2014/TT-NHNN dated November 06, 2014 of the State Bank of Vietnam providing for the entrustment operations and entrustment taking of credit institutions, foreign bank's branches[...]

TO PUBLIC THE LIST OF FOCAL INFORMATION TECHNOLOGY PRODUCTS

On February 16, 2017, the Ministry of Information and communications issued the Circular No. 01/2017/TT-BTTTT on the List of focal information technology products. The list is intended for the development of the system of focal informational technology products; is used as a source of reference for investment activities, tax...

To 2020, number of domestically manufactured and assembled vehicles is 67%

With the viewpoints that the automobile industry is an industry that creates an important motive force for promoting industrialization and modernization and should be encouraged through stable[...]