Enterprise earns at least usd 100 million in annual turnover from import, export shall have priority policy
On May 12, 2015, the Ministry of Finance issued the Circular No. 72/2015/TT-BTC dated May 12, 2015 of the Ministry of Finance guiding the application of priority policy in customs procedures, customs inspection and supervision for exported and imported goods of enterprises.
In accordance with this Circular, to receive the...
Pricing measurement of rooftop solar power projects
The Prime Minister promulgates the Decision No. 02/2019/QD-TTg on amendments and supplements to certain articles of the Prime Minister’s Decision No. 11/2017/QD-TTg dated April 11, 2017 on mechanism for encouragement of development of solar power in Vietnam on January 08, 2019.
For rooftop solar power projects:
- Rooftop solar power projects...
By the end of 2015, reduce non-performing loans to below 3 %
The National Assembly just approved the Resolution No. 86/2014/QH13 dated November 28, 2014 on further increasing the effectiveness of the economic restructuring in public investment, state enterprises and banking system, arranging and restructuring weak credit institutions, continuing implementing measures to reduce non-performing loans to below 3 percent of the...
BANNED FROM MOTORBIKE DRIVING WITH THE VISION LESS THAN 4/10
This is a part of the Joint-Circular No. 24/2015/TTLT-BYT-BGTVT dated August 21, 2015 of the Ministry of Health and the Ministry of Transport on the Regulations on health standards for drivers, medical facilities for checking up driver’s health.
Specifically, health standards for the driver driving vehicles of category A1 are...
Post Violator’s information on the national database
On March, 2016, the Government issued the Decree No.20/2016/ND-CP prescribing the national database on handling of administrative violations - a collection of data on handling of administrative violations that are created, updated, maintained, exploited and used via electronic equipment to serve the state management of handling of administrative violations...
Responsibility to assess, and claim compensation for environmental damage
On January 06, 2015, the Government issued the Decree No. 03/2015/ND-CP providing the assessment of environmental damage and replaces the Government’s Decree No. 113/2010/ND-CP of December 3, 2010, providing the assessment of environmental damage and takes effect on March 01, 2015.
Accordingly, organizations or individuals that pollute or degrade the...
Re-declaration when changing more than 3% by-automobile transportation fare/freight rates
From December 01, 2014, enterprises, cooperatives and business households engaged in by-automobile transportation business or provision of road transportation support services in the Vietnamese territory, re-declaration of fare/freight rates shall be made by units that increase or reduce their fare/freight rates by more than 3% compared to previously declared...
General construction plan for the southeast Quang Tri economic zone
On October 11, 2016, the Prime Minister issued the Decision No. Decision No. 1936/QD-TTg on approving the general construction plan for the southeast Quang Tri economic zone in Quang Tri province by 2035, with a vision towards 2050.
The planned area of the Southeast Quang Tri Economic Zone is 23,792...
From 2015, incomes from casinos shall not be taxable
According to the Law No. 71/2014/QH13 dated November 26, 2014 amending and supplementing a Number of Articles of theLaws on Taxes approved by the National Assembly, incomes from independent professional activities of individuals possessing practice licenses or certificates in accordance with law and having an annual turnover of 100 ...
Deactivate the tin of the business entity of non-operation at registered address
In accordance with the Circular No. 95/2016/TT-BTC dated June 28, 2016 of the Ministry of Finance on guidelines for tax registration, the taxpayer shall be imposed sanctions for TIN usage as prescribed by relevant law provisions. After one year from the date on which the tax authority issued a...
