Macro-financial Organizations allowed to get foreign loan in Vietnam Dong
This is the content of the Circular No. 12/2014/TT-NHNN dated March 31, 2014 of the State Bank of Vietnam regulating on conditions for foreign loans of enterprises without government guarantee[...]
Legal News on January 2019
In January of 2019, many legal policies shall be effective, SBLAW would like to inform Customer and our associates a summary of these legal documents:
Law on Cybersecurity shall officially come into effect
The Law on Cybersecurity 2018 provides national security protection, social order and safety maintenance in the cyberspace, and...
From january 01,2015, increase regional minimum wage levelt
In accordance with the Decree No. 103/2014/ND-CP dated November 11, 2014 of the Government providing stipulating regional minimum wage level for laborers working for enterprises[...]
Compensate at least 1.5 times the salary for employees losing work capability from 5%
Compensation to persons as victims of occupational accidents and diseases is at least 30 months of salary for employees losing work capability from 81% and over, or becoming fatal due to occupational accidents and diseases and at least 1.5 times the salary for employees losing work capability from 5-10%...
From 2017, the Ministry of Industry and Trade shall in charge of management of milk price
This is an important content of Circular No. 233/2016/TT-BTC dated November 11, 2016 of the Ministry of Finance amending, supplementing a number of Articles of the Circular No. 56/2014/TT-BTC dated April 28, 2014 of the Minister of Finance guiding the Government’s Decree No. 177/2013/ND-CP of November 14, 2013, detailing...
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...
Increase the export tax rates applicable to gold jewelry, goldsmiths’ wares by 2% from may 07, 2015
On March 23, 2015, the Ministry of Finance issued the Circular No. 36/2015/TT-BTC dated March 23, 2015 amending the export tax rates applicable to gold jewelry, goldsmiths’ wares and other golden articles in subheadings 71.13, 71.14, 71.15 of export tax schedule.
Accordingly, from May 07, 2015, the export tax rates...
Principles of opening pre-investment accounts of offshore investment activities
On June 29, 2016, the State Bank of Vietnam issued the Circular 12/2016/TT-NHNN guiding the foreign exchange management of offshore investment activities and takes effect August 13, 2016.
In accordance with the regulations of this Decree, after being granted an offshore investment registration certificate, an investor shall open 1 (one)...
General conditions for seagoing ship building
On July 01, 2016, the Government issued the Decree No. 111/2016/ND-CP prescribing business conditions for provision of seagoing ship building, conversion and repair services.
In accordance with regulations, from July 01, 2016, a shipyard must have a technical division and a quality inspection division which are separate from each other...
From july 01, 2017, increase base salary to vnd 1.3 million/month
This is one of tasks of Government at Resolution No. 27/2016/QH14 dated November 11, 2016 of the National Assembly on state budget estimates of 2016.
In particular, the National Assembly requested the Government to direct the conduct and implementation of laws on tax and promptly provide guidance on the conversion...