Policies on protection and development of coastal forests

On August 23, 2016, the Government issued the Decree No. 119/2016/ND-CP on policies on sustainable management, protection and development of coastal forests to cope with climate change. This Decree takes effect on October 10, 2016. Organizations, enterprises, households and individuals making investment in protection, development and use of coastal forests...

Electronic data messages are considered the identification of evidences

In accordance with the Law on Administrative Procedures No. 93/2015/QH13 passed by the National Assembly on November 25, 2015, beside original exhibits, Notarized or authenticated documents, testimonies of involved parties or witnesses…From July 01, 2016, electronic data messages expressed in the form of exchange of e-data, e-documents, emails,...
timber processing

Restricting the new establishment of timber processing and trading establishments

On December 11, 2014, the Prime Minister signed the Decision No. 2242/QD-TTg approving the Scheme for strengthening the management of natural forest’s timber exploitation in 2014 – 2020 in order to improve quality of natural forest and develop the production forests with high quality eligible for sustainable exploitation...

Notarization of economic contracts the maximum fee shall be VND 70 million/case

The Circular No. 257/2016/TT-BTC issued by the Ministry of Finance on November 11, 2016 on regulations on notarial and authentication service fees, fees for verification of eligibility for practicing as a notary, fees for verification of eligibility for operating private notary office, charges for processing of applications for notary...

VAMC MUST REPORT BAD DEBTS BEFORE 02 OF MARCH BEFORE THE FINANCIAL YEAR

Takes effect on February 15, 2017, the Circular No. 33/2016/TT-NHNN dated December 27, 2016 of the State Bank of Vietnam on ratios of revenues of asset management company of Vietnamese credit institutions to bad debts bought with special bonds. At the Circular, the State Bank of Vietnam prescribes not later...
export tax

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...
selection of investors

Incentives of 5% in selection of investors in ppp projects

On March 17, 2015, the Government issued the Decree No. 30/2015/ND-CP dated March 17, 2015 of the Government guiding the implementation of a number of Articles on investor selection of the Law on Bidding, within that, the important contents mention on incentives in selection of investors in PPP...

Regulations on the inspection of quality in manufacturing motor vehicles

On October 20, 2014, the Ministry of Transport promulgated Circular No. 54/2014/TT-BGTVT dated October 20, 2014, amending Circular No. 31/2011/TT-BGTVT stipulating the inspection of technical safety, quality and environmental protection in manufacturing and assembling motor vehicles.[...]
law on tax

Decree 12/2015/NĐ-CP of  Government on 12/2/2015  detailing regulations to amend and supplement some articles of the law on tax and amending and supplementing some articles of the decree on taxes.

Decree amended and supplement a number of articles of Decree No. 218/2013 / ND-CP of December 26, 2013 detailing regulations and guiding the implementation of some articles of the Law on Enterprise Income Tax; Decree No. 209/2013 / ND-CP of December 18, 2013 detailing regulations and guiding the implementation...

Organizations performing motor vehicle inspection services not be allowed to be involved in auto transport services

On July 01, 2016, the Government issued the Decree No. 63/2016/ND-CP on requirements for motor vehicle inspection service business (automobiles, trailers, semi-trailers hauled by automobiles and similar vehicles). Organizations that are granted inspection condition certificates shall be eligible for performing motor vehicle inspection services. Organizations performing motor vehicle inspection services...