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HIGH-SPEED VESSELS HAVE THE MAXIMUM PERIOD OF 20 YEARS MEASURED

On November 20, 2014, the Government issues the Decree No. 111/2014/ND-CP prescribing the useful life of inland waterway vessels and the useful life of vessels permitted for import and takes effect on January 05, 2015. Accordingly, inland waterway vessels have useful life from 18 – 35 years depending on each...

Independent audit for public interest units must have charter capital of VND 4 billion

On December 04, 2013, the Ministry of Finance issued the Circular No. 183/2013/TT-BTC on independent audit for public interest units[...]

ENTITLEMENTS FOR ORGANIZATIONS AND INDIVIDUALS INVOLVED IN ANIMAL HEALTH ACTIVITIES UNDER STATE’S REQUIREMENTS

If persons who carry out animal health activities at the request of competent state agencies contract diseases, get injured or die, they shall be considered for enjoying entitlements and policies as war invalids and fallen heroes in accordance with the law on preferential treatment of persons with meritorious services...

Invalidating redgulations on importation of used machinery equipment

On August 29, 2014, the Minister of Science and Technology signed the Decision No. 2279/QĐ-BKHCN on invalidating Circular No.20/2014/TT-BKHCN on importation of used machinery, equipment and technological line.[...]
Law on protection of consumers’ rights 2010

Conditions to apply VAT rate of 0% to exported goods and services

On December 18, 2013, the Government issued Decree No. 209/2013/ND-CP on detailing and guiding implementation of several articles of Law on Value-Added Tax on exported goods and services [...]

Accelerate to downsize the payroll

Resolution No. 24/2016/QH14 on economic restructuring plan 2016 - 2020 was ratified on November 08, 2016 by the National Assembly. Accordingly, on the economic restructuring standpoints of developing growth models based on productivity, quality and competitiveness; improve quality of economic growth, develop growth models based on investment, export and domestic...

REGULATIONS ON TRAINING VOCATIONAL EDUCATION TEACHERS

On March 08, 2017, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No.  06/2017/TT-BLDTBXH dated March 8, 2017 of the Ministry of Labor, War Invalids and Social Affairs on recruitment, employment, and training applicable to vocational education teachers. This Circular applies to teachers in vocational...

Any advertisement giving incorrect information or confusing the customers shall be fined up to VND 140 million

In accordance with the Decree No. 71/2014/ND-CP dated July 21, 2014 of the Government detailing the Law on Competition on imposition of violation penalties against the Law on Competition.[...]

Conditions for sports business

On July 01, 2016, the Government issued the Decree No. 106/2016/ND-CP prescribing conditions for sports business. Accordingly, a sports business establishment must have sports physical foundations and equipment satisfying requirements of sports set by the Minister of Culture, Sports and Tourism; have financial sources ensuring the sports business. These financial...

Exempt the license for explosive precursors is smaller than 05 kg per year for testing

This is the content prescribed at the Decree No. 76/2014/ND-CP dated July 29, 2014 of the Government guiding the Ordinance on management and use of weapons, explosive materials, and combat gear and takes effect on September 15, 2014.[...]