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A hi-tech enterprise has 5% staff members holding a university or higher degree

This is the prominent content prescribed at the Decision No. 19/2015/QD-TTg dated June 15, 2015 of the Prime Minister prescribing criteria for identifying hi-tech enterprises. Accordingly, from August 01, 2015, beside satisfying the criteria prescribed at Point a and b, Article 75 of the Investment Law, a hi-tech enterprise ...

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...

Salaries for employees joint-stock companies with state controlling stakes

In accordance with the Decree No. 53/2016/ND-CP dated June 13, 2016 of the Government regulating on management of  employees, salaries, remunerations and bonuses by joint-stock companies with State controlling stakes. Employee salaries are according to payroll budget and the reality, every company shall determine the piece rate for production/business...

Guidance for registering prices

On April 28, the Ministry of Finance issued the Circular No. 56/2014/TT-BTC guiding the Government’s Decree No. 177/2013/ND-CP of November 14, 2013, detailing and guiding the implementation of a number of articles of the Law on Prices[...]

PROVINCIAL PEOPLE’S COMMITTEE’S HAVING NO ON-LENT CAPITAL MORE THAN 180 DAYS OVERDUE CAN ACCESS TO ON-LENT CAPITAL

On April 28, 2017, the Government issued the Government No. 52/2017/ND-CP dated April 28, 2017 of the Government on on-lending of the Government’s foreign borrowed capital to People’s Committees of centrally-affiliated cities and provinces. Within that, the most important content is the eligibility conditions for the provincial People’s Committee’s access...

The support for stabilizing production upon land recovery by the state

On May 15, 2014, the Government issued the Decree No. 47/2014/ND-CP on compensation, support and resettlement upon land recovery by the State, within that the most important content is the support for stabilization of livelihood and production upon land recovery by the State[...]

Assess the compliance with the tax law

On December 21, 2015, the Ministry of Finance issued the Circular No. 204/2015/TT-BTC providing for application of risk management in tax management including tax registration, declaration, payment, tax debt and enforcement of implementation of administrative decisions on tax, tax refund, tax verification and inspection, creation, printing, issue, management and...

Import conditions of automobiles and motorcycles for repatriated overseas Vietnamese citizens

On February 12, 2014, the Ministry of Finance issued the Circular No. 20/2014/TT-BTC prescribing the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are permitted to register permanent residence in Vietnam[...]
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Principles on task allocation among regulatory agencies in food safety management

On April 09, 2014, Joint-ministries of Health, Agriculture and Rural Development, Industry and Trade issued the Joint Circular 13/2014/TTLT-BYT-BNNPTNT-BCT on allocation of tasks and cooperation among regulatory agencies in food safety management,

DISCLOSURE OF THE STATE FINANCIAL REPORTS IS COMPULSORY

On March 14, 2017, the Government issued the Decree No. 25/2017/ND-CP on state financial reports prescribing that national and provincial state financial reports shall be made according to the annual accounting period starting on January 1 and ending on December 31 of the calendar year. Units tasked to compile state...