REGULATIONS ON NON-STOP ELECTRONIC TOLL COLLECTION

Decision No.  07/2017/QD-TTg on non-stop electronic toll collection issued by the Prime Minister on March 27, 2017 of the Prime Minister; takes effect on May 15, 2017. This Decision points out that a vehicle subject to tolls shall be affixed to with a tag in conformity with standards for passive...

FROM 2020, MOTORCYCLES WHICH THE TO MANDATORY ENERGY LABELING

This is the important content prescribed at the Decision No. 04/2017/QD-TTg dated March 09, 2017 of the Prime Minister on the List of equipment and appliances to which the mandatory energy labeling and minimum energy efficiency standards are applied, and the roadmap to their implementation. In particular, the Prime Minister...

GUIDING THE DETERMINATION OF COSTS OF MAINTENANCE OF CONSTRUCTION WORKS

On March 16, 2017, the Ministry of Construction issued the Circular No. 03/2017/TT-BXD guiding the determination of costs of maintenance of construction works; applicable to owners or manager, users of construction works and relevant entities engaging in determination of costs of maintenance of construction works funded by the State...

THE INVESTOR IS ALLOWED TO DIRECTLY MANAGE CONSTRUCTION PROJECTS WITH LESS THAN VND 15 BILLION

Takes effect on June 01, 2017, the Decree No. 42/2017/ND-CP dated April 05, 2017 of the Government on amendments to the Government's Decree No. 59/2015/ND-CP dated June 18, 2015 on management of construction investment projects, to allow that the investor shall use its legal status and qualified affiliated units...

EMPLOYERS MUST CONTRIBUTE 0.5% OF THE SALARY FUND TO THE OCCUPATION ACCIDENT AND DISEASE INSURANCE FUND

Takes effect on June 01, 2017, the Decree No. 44/2017/ND-CP dated April 14, 2017 of the Government on the rate of contribution to the occupational accident and disease insurance fund. In accordance with regulations in this Decree, employers shall monthly contribute to the occupation accident and disease insurance fund with...

THE NATIONAL TECHNICAL REGULATION ON FROZEN TRA FISH FILLETS

On March 21, 2017, the Ministry of Agriculture and Rural Development issued Circular No. 07/2017/TT-BNNPTNT introducing the national technical regulation on “fishery product - frozen Tra fish fillets”. Within that, frozen Tra fish fillet refers to the boneless flesh which has been cut from a Tra fish body by cutting...

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...

GUIDING THE DEPRECIATION OF ASSETS BEING HOUSES USED FOR DOING BUSINESS AND SALE

On April 12, 2017, the Ministry of Finance issued Circular No. 28/2017/TT-BTC amending and supplementing a number of articles of the Circular No. 45/2013/TT-BTC dated April 25, 2013 and the Circular No. 147/2016/TT-BTC dated October 13, 2016 guiding the management, use and depreciation of fixed assets. According to this Circular,...

GOODS TEMPORARILY IMPORTED FOR SALE AT DUTY FREE SHOPS ARE EXEMPT FROM IMPORT DUTY AND VAT

The Government issued Decree No. 167/2016/ND-CP on December 27, 2016 on duty free business, prescribed that persons on exit or in transit, passengers onboard international flights from Vietnam or persons awaiting exit may purchase duty-free goods without limits in quantity and value but shall take responsibility for procedures and...

GUIDING THE ISSUANCE THE RECEIPT OF CHARGES AND FEES

On November 15, 2016, the Ministry of Finance issued Circular No. 303/2016/TT-BTC guiding the printing, issuance, management and use of documents for the collection of charges and fees belonging to the State budget. Accordingly, receipt issuance notices shall be made for receipts printed on orders placed by provincial-level Tax Departments...