From October 15, transfer the permit for foreign exchange transactions
The State Bank of Vietnam issued the Circular No. 21/2014/TT-NHNN dated August 14, 2014 guiding the foreign exchange transactions, conditions, process and procedures for accepting the foreign exchange transactions of credit institutions and branches of foreign banks[...]
Vietnam plans to fully legalize Cryptocurrencies
On 21st August, Vietnam Prime Minister has signed the Plan to fully legalize digital assets and cryptocurrencies.
According to the Plan, the Ministry of Justice and the State Bank of Vietnam are in charge of reviewing the current legal status of digital assets and cryptocurrencies; considering the US, EU and...
Free on time-limited visa entry for citizens of 5 european countries
On June 18, 2015, the Government issued the Resolution No. 46/Q-CP dated June 18, 2015 of on time-limited visa-free entry for citizens of The Kingdom of England, The French Republic, The Federal Republic of Germany, The Kingdom of Spain and The Italian Republic.
In accordance with regulations in this Resolution,...
To invest over VND 13.000 billion for solid waste management planning
In order to enhance solid waste management, prevent and reduce generated solid waste; prioritize to apply solid waste technologies such as recycle and reuse, minimize landfill method…on October 14, 2016, the Prime Minister signed the Decision No. 1979/QD-TTg on approving the solid waste management planning in Northern key economic...
To exempt the enterprise income tax for the government bond in the international market
On November 01, 2014, the Government issued the Resolution No. 78/NQ-CP on tax exemption for the Government bond in the international market in 2014.[...]
To bear stamps for domestic wine form January 1, 2014
On November 14, 2013, the Ministry of Finance promulgated Circular No. 160/2013/TT-BTC directing the printing, issuance, management and use of stamps for imported wine and domestic wine
The Circular clearly states that wine produced and sold in Vietnam from January 1, 2014 and imported wine for sale in Vietnam must...
Companies must declare the seaport charge schedule
On November 02, 2016, the Government issued the Decree No. 146/2016/ND-CP dated November 02, 2016 of the Government on regulations on publishing of freights and surcharges of ocean container shipping and seaport charges, requires enterprises to declare the seaport charge schedule on publishing of freights and surcharges of ocean...
Medical establishments operating as enterprises may decide on price rates
On December 15, 2014, the Government issued the Resolution No. 93/NQ-CP dated December 15, 2014 on a number of mechanisms and policies on medical development. Under this Resolution, medical examination and treatment establishments operating as enterprises may decide on their price rates. All units shall declare and post up...
To annul the regulations on crewmen’s passport
The Vietnam Maritime Code No. 95/2015/QH13 passed by the National Assembly on November 25, 2015, taking effect on July 01, 2017 with many important contents.
Firstly, this Code annuls the regulation that crewmen working in Vietnam ships in the international borders must have crewmen’s passport to transit, instead, the crewmen...
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[...]
