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...
Exempt licensing fees for households having annual revenues of less than vnd 100 million
The individuals, groups of individual and households that have their trade/production activities with annual revenues of less than VND 100 million shall be exempted from licensing fees is the important content prescribed at the Decree No. 139/2016/ND-CP dated October 04, 2016 of the Government on licensing fees.
Beside the individuals,...
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 ...
PRICE FOR SOLAR ELECTRIC IS 2,086 VND/KWH
This is the most important content in Decision No. 11/2017/QD-TTg dated April 11, 2017 of the Prime Minister on mechanism for encouragement of development of solar power in Vietnam (Solar power project is a project to generate electric power by using solar panel to convert energy from the sun...
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...
Adjusting the financial management mechanism for vietnam development bank
On April 29, 2016, the Ministry of Finance issued the Circular No. 67/2016/TT-BTC amending; supplementing some contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of financial management mechanism for Vietnam Development Bank.
In particular, after calculating the total actual capital amount as a basis to...
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[...]
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[...]
Not use money in other capital contribution
On January 29, 2015, the Ministry of Finance issued the Circular No. 09/2015/TT-BTC dated January 29, 2015 of the Ministry of Finance guiding financial transactions of enterprise prescribed in the Article 6 of the Decree No. 222/2013/ND-CP dated December 31, 2013 of the Government providing for cash payment.
At this...
60 days is the time limit for storage in Vietnam of goods temporarily imported for re – export
On July 07, 2014, the Ministry of Finance issued the Circular No. 94/2014/TT-BTC prescribing customs procedures, inspection and supervision of a number of types of goods temporarily imported for re-export, transferred from border gate to border gate and consigned to bonded warehouses, and handling of cases of refusal to receive goods.[...]
