TO EXEMPT FROM REGISTRATION FEE FOR CLEAN-ENERGY OPERATED PUBLIC TRANSPORT BUSES

This is one of the most important contents prescribed at the Circular No. 140/2015/TT-BTC dated September 03, 2015 of the Ministry of Finance amending and supplementing a number of articles of the Circular No. 124/2011/TT-BTC dated August 31, 2011 of the Ministry of Finance guiding registration fee. Accordingly, besides some...

EXTENDING ONCE FOR DIPLOMATIC PASSPORTS THAT ARE STILL VALID UNDER 1 YEAR

This is one of the significant contents regulated under the Decree No. 94/2015/ND-CP dated October 16, 2015 of the Government amending, supplementing a number of Articles of the Decree No. 136/2007/ND-CP dated August 17, 2007 on Vietnamese citizen exit and entry. Specifically, from December 01, 2015, diplomatic passports and official...

THE STATE BUDGET SHALL BE DISCLOSED AND OVERSEEN

The State Budget that shall be disclosed and overseen by the public is one of the significant contents under the Law on the State budget No. 83/2015/QH13 approved on June 25, 2015 by the National Assembly. Specifically, data of an explanatory reports on Councils, estimates already decided by competent authorities,...

TO ANNUL A NUMBER OF FEES IN VETERINARY SERVICES

The Ministry of Finance issued the Circular No. 113/2015/TT-BTC dated August 07, 2015 amending a number of articles of the Circular No. 04/2012/TT-BTC dated January 05, 2012 of the Ministry of Finance providing for the collection, payment, management and use of fees and charges in veterinary services. Accordingly, from August...

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...

LIMITATION ON CROSS-OWNERSHIP AMONG COMPANIES

On October 02, 2015, the Ministry of Finance issued the Circular No. 152/2015/TT-BTC guiding the severance tax, and the taxable items are metallic minerals; non-metallic minerals; products of natural forests; natural aquatic organisms, including marine animals and plants; natural water; natural bird’s nests other than those collected from construction...

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...

CARGO TRANSPORTATION OF OVER 100 TONS ON INLAND WATERWAYS MUST BE APPROVED

The Ministry of Transport has just issued the Circular No. 61/2015/TT-BGTVT dated November 02, 2015 on regulations on cargo transportation on inland waterways, Organizations or individuals should submit 01 (one) set of application for approval for the cargo with actual inseparable size over 10 m, 40 m or 4.5...

PUBLIC COMPANY SHALL BUILD ITS WEBSITE WITHIN 6 MONTHS AFTER IT BECOMES PUBLIC

Takes effect on January 01, 2016, the Circular No. 155/2015/TT-BTC dated October 06, 2015 of the Ministry of Finance guiding the disclosure of information on the securities market, requires that public company shall build its website within 6 months after it becomes public. Similarly, public company shall build its website...

ADJUSTMENTS ON COMPULSORY RESERVES APPLICABLE TO CREDIT INSTITUTIONS

On December 04, 2015, the State Bank of Vietnam issued the Circular No. 23/2015/TT-NHNN dated December 04, 2015 of the State Bank amending, supplementing a number of articles of the Decree No. 581/2003/QD-NHNN dated June 09, 2003 of the State Bank Governor promulgating the regulation on compulsory reserves applicable...