Cases making non-cash payments
On December 31, 2013, the Government issued the Decree No. 222/2013/ND-CP of the Government providing for cash payment; of which, one of the most significant points is regulation on cases making non-cash payments[...]
New regulation for work permit in Vietnam.
Regarding the new regulation for work permit for foreigner working in Vietnam that takes effect fromNovember 1st 2013, SB Law would like to provide the information as follows[...]
Management and utilization of the software for aggregation of data on land transport infrastructure asset inventory
On October 25, 2016, the Ministry of Finance issued the Circular No. 158/2016/TT-BTC on the management and utilization of the software for aggregation of data on land transport infrastructure asset inventory.
Accordingly, The data on land transport infrastructure assets in the software is subject to pre-input verification and validation by...
Change the operation conditions of occupational safety’s strict requirements
On March 06, 2014, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 06/2014/TT-BLDTBXH[...]
After March 01, 2018, close current account of household fail to complete the change of account forms
Takes effect on March 01, 2017, the Circular No. 32/2016/TT-NHNN dated December 26, 2016 of the State Bank on amending the Circular No. 23/2014/TT-NHNN dated August 19, 2014 of the State Bank of Vietnam guiding the opening and use of payment accounts at payment service suppliers, before March 01,...
Extension of VAT payment for imported machines with the worthfrom VND 100 billion
This is the content prescribed at the Circular No. 134/2014/TT-BTC dated September 12, 2014 of the Ministry of Finance guiding the procedure for extension of VAT payment and refund for import machines and equipments for investment project’s fix assets.[...]
Exempt import tax within 05 years for raw materials or components
Circular No. 83/2016/TT-BTC issued by the Ministry of Finance on June 17, 2016 guiding the implementation of the investment incentive programs under the provisions of the Law on Investment and the Decree No. 118/2015/ND- CP dated November 12, 2015 specifying and guiding the implementation of several articles of the ...
Regulations on asset management officer’s remuneration
On February 16, 2015, the Government issued the Decree No. 22/2015/ND-CP detailing a number of articles of the Law on Bankruptcy regarding asset management officers and asset management and liquidation practice. Within that, an asset management officer or asset management and liquidation firm shall refuse to conduct asset management...
Restricted activities within a coast protection corridor
The Government issued Decree No. 40/2016/ND-CP on May 15, 2016 detailing a number of articles of the Law on Marine and Island Resources and Environment; in which the most important provision is about restricted activities within a coast protection corridor.
Accordingly, exploitation of groundwater may be conducted only in emergency...
Requirements for investment promotion activity
On January 14, 2014, the Prime Minister issued the Decision No. 03/2014/QD-TTg dated January 14, 2014 of the Prime Minister promulgating the regulation on state management for investment promotion activities.
Accordingly, investment promotion activity must be in accordance with the plan for socio- economic development of country, sector and locality;...
