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LEGAL CAPITAL LEVEL OF A CREDIT RATING AGENCY IS VND 15 BILLION

The legal capital level of a credit rating agency for its credit rating activities is VND fifteen (15) billion is the content prescribed at the Decree No. 88/2014/ND-CP dated September 26, 2014 of the Government on credit rating services. The legal capital level is exclusive of legal capital...

The detailed planning for seaports in the north central coast (group 2)

On July 29, 2016, the Minister of Ministry of Transport issued Decision No. 2368/QD-BGTVT on approving the detailed planning for seaports in the North Central Coast (Group 2) by 2020 and the orientation towards 2030, includes seaports of Thanh Hoa, Nghe An and Ha Tinh provinces. With the targets of...
Ticket price exemption under six- year-old children

Ticket price exemption is applicable to under six- year-old children

According to the Decree No. 14/2015/ND-CP dated February 13, 2015 of the Government detailing and guiding the implementation of a number of article of the Railway Law, ticket price exemption is applicable to under six- year- old children accompanying adults. For other objectives, the Decree also details the level of...

To 2025, every household shall be given support to develop production

In order to maintain, develop and enhance the position of the sparse ethnic minorities; lessen and eradicate poverty, ameliorate sustainably the material and spiritual life of the compatriots in order to narrow the growth gap with other local ethnic groups, Decrease the annual ratio of poor households to 7%...

Fee for verification of conditions for a commercial arbitration center establishment 3 million/time

On November 10, 2016, the Ministry of Finance issued Circular No. 222/2016/TT-BTC on the rate, collection, submission, administration and use of the fees for verification of criteria and conditions for the practice of commercial arbitration. Accordingly, fee for verification of criteria and conditions for the establishment of a commercial arbitration...

THE WITHDRAWAL PLAN OF DEPOSITS MUST BE SENT BEFORE THREE MONTHS

On January 24, 2017, the Ministry of Finance issued the Circular No. 08/2017/TT-BTC dated January 24, 2017 of the Ministry of Finance guiding the management and use of environmental remediation deposits paid by mining organizations, promulgates the deposit payer shall send withdrawal plan of deposits to the deposit receiver...

Independent audit for public interest units must have charter capital of VND 4 billion

On December 04, 2013, the Ministry of Finance issued the Circular No. 183/2013/TT-BTC on independent audit for public interest units[...]

Price of 1 set of bidding document shall not exceed vnd 2 million

According to Circular No. 58/2016/TT-BTC dated March 29, 2016 of the Ministry of Finance detailed regulations on use of State funding for making purchases for the purpose of maintaining regular operations of State agencies, units affiliated to people's armed force, public service providers, political organizations, socio-political organizations, social- political-professional...

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.[...]

VISA EXEMPTION FOR OVERSEAS VIETNAMESE

Taking effect on November 15, 2015, the Decree No. 82/2015/ND-CP dated September 24, 2015 of the Government prescribing visa exemption for overseas Vietnamese and foreigners who are spouses or children of overseas Vietnamese or Vietnamese citizens, having a passport or an international travel document valid for at least 1...