BY 2025, SERVICE GROWTH OF THE LOGISTICS SECTOR WILL REACH 15 – 20%
This is one of the objectives of the Prime Minister prescribed at the Decision No. 200/QD-TTg dated February 14, 2017 on approving the action plan for improvement of competitiveness and development of Vietnam’s logistics services by 2025.
Accordingly, logistics is an important service sector in the overall structure of the...
average retail price is vnd 1,622.01 per kwh
In accordance with the Decision No. 2256/QD-BCT dated March 12, 2015 of the Ministry of Industry and Trade on electricity price, the average retail price is VND 1,622.01 per kWh (exclusive of VAT) shall be applicable from March 16, 2015 instead of the price of VND 1,508.85 per kWh...
From August 06, equitizing the enterprise producing cigarette
On June 18, 2014, the Prime Minister issued the Decision No. 37/2014/QD-TTg dated June 18, 2014 of the Government on promulgating the criteria, lists of classification of State-owned enterprises [...]
Enterprises running debt purchase and sale service must have at least VND 100 billion of charter capital
According to Decree No. 69/2016/ND-CP dated July 01, 2016 of the Government on requirements for running debt trading service, the minimum charter capital or investment capital of providers of debt trading brokerage service and debt trading consultancy service is VND 5 billion; with enterprises running debt purchase and sale...
Refund of funds in case of failing to obtain mineral exploration licenses
According to the Joint Circular No. 61/2014/TTLT-BTNMT-BKHDT-BTC dated November 14, 2014 of the Ministry of Natural Resources and Environment, the Ministry of Planning and Investment and the Ministry of Finance guiding procedures for contributing capital to geological baseline surveys of minerals by organizations and individuals and management of their...
Male employees whose wives give birth to children are entitled to a maternity leave of 5-7 working days
This new content is formally regulated in the Insurance Law No. 58/2014/QH13 passed by the National Assembly on November 20, 2014. Accordingly, from 2016, male employees currently paying social insurance premiums whose wives give birth to children are entitled to a maternity leave of 5 working days; 7 working...
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...
Guidelines for payment deducting of trade union fee
On November 21, 2013, the Government issued Decree No. 191/2013/ND-CP detailing on Trade- Union Finance[...]
Impose a fine of vnd 5 million for import of pesticides banned from use
This is the content prescribed at the Decree No. 31/2016/ND-CP of the Government on penalties for administrative violations against regulations on plant varieties, plant protection and quarantine.
Accordingly, from June 25, 2016, importing formulated pesticides which are in the list of pesticides permitted for use in Vietnam from a manufacturer...
Combat the encroachment upon land around water sources protection corridors
In accordance with the Decree No. 43/2015/ND-CP dated May 06, 2015 of the Government providing the establishment and management of water source protection corridors, a water source protection corridor shall be established to protect the bank stability and prevent and combat the encroachment upon land around water sources; prevent...
