Suspend the penalties for vehicle achieving the rate of below 10%
On July 08, 2014, the Government issued the Resolution No. 47/NQ-CP on the Government’s Regular Meeting – June 2014, approved that till December 31[...]
FROM NOVEMBER 23, FEE PAID FOR SINGLE-ENTRY VISA IS REDUCED TO USD 25
This is one of the significant contents regulated under the Circular No. 157/2015/TT-BTC dated October 08, 2015 promulgating on collection, payment, and management of fees for issuance of passports, visas, documents for entry, exit, transit, and residence in Vietnam.
Accordingly, from November 23, 2015, fee paid for single-entry visa is...
New regulations on the management of state foreign exchange reserves
On May 20, 2014, the Government issued the Decree No. 50/2014/ND-CP on the management of State foreign exchange reserves.
Approving list of high technologies prioritized for development investment
On November 25, 2014, the Prime Minister issued the Decision No. 66/2014/QD-TTg approving the list of high technologies prioritized for development investment and the list of hi-tech products eligible for development promotion.
Accordingly, from January 15, 2015, list of high technologies prioritized for development investment includes 58 technologies instead of...
From 2016, issue the citizen’s identity cards instead of identity card
The National Assembly has just passed the Law No. 59/2014/QH13 dated November 20, 2014 decided to issued the citizen’s identity cards for Vietnamese citizens aged full 14 years or older from January 01, 2016.
Citizen’s identity card is a personal paper of a Vietnamese citizen which proves citizen identification of the...
FROM MARCH 15, TO APPLY THE INTEREST RATE IN NEW REGIME
On December 30, 2016, the State Bank of Vietnam issued the Circular No. 39/2016/TT-NHNN prescribing lending transactions of credit institutions and/or foreign bank branches with customers, takes effect on March 15, 2016.
The most important content is the regulations in Interest rate of loan. A credit institution and its customer...
Agen shall sell LPG at the prices decided by the principal
Every agent shall sell LPG at the prices decided by the principal, do not receive LPG or bottled LPG that fails to satisfy the quality, volume and requirements for being sold on the market are the important contents prescribed at the Circular No. 03/2016/TT-BCT dated May 10, 2016 of...
Health quarantine process for persons on entry or exit
On December 05, 2014, the Ministry of Health issued the Circular No. 46/2014/TT-BYT guiding the health quarantine process, of which it stipulates health quarantine process for persons on entry or exit or in transit at road and railway border gates, at international airports and at waterway border gates.
Under this...
Regulations on Labor Recruitment
On January 16, 2014, the Government promulgated the Decree No. No. 03/ND-CP dated January 16, 2014 detailing the implementation of a number of Articles of the Labor Code regarding employment. Under this Decree, the employer is entitled to employ Vietnamese labor directly or via employment services or outsourcing service providers to...
FROM JULY 01, 2016, ALL ENTERPRISES CONDUCTING REAL ESTATE TRADING MUST HAVE LEGAL CAPITAL OF VND 20 BILLION
At the Decree No. 76/2015/ND-CP dated September 10, 2015 of the Government guiding a number of articles of the Law on Real Estate Trading, the Government also emphasizes that enterprise wishes to conduct real estate trading must set up an enterprise or cooperatives which has an amount of legal...
