FROM JULY 01, 2017, THE STATUTORY PAY RATE IS VND 1,300,000 PER MONTH
This is the important content prescribed at the Decree No. 47/2017/ND-CP dated April 04, 2017 of the Government prescribing the statutory pay rate for public officials, public employees and armed forces’ personnel.
In particular, from July 01, 2017, public officials working in authorities at central echelon to district level ;...
banks allowed purchasing debts having the bad debt ratio under 3%
From September 01, 2015, credit institutions, foreign banks’ branches shall be only permitted for debt purchase when being approved on the establishment and operation license of credit institutions, establishment license of foreign bank’s branches (hereinafter referred to as the License) by the State Bank and having the bad debt...
Bidding documents for procurement of herbal ingredients and traditional ingredients at heath facilities www.luatvietnam.vn
On August 10, 2016, the Ministry of Health issued the Circular No. 31/2016/TT-BYT dated August 10, 2016 of the Ministry of Health guiding the Bidding Documents for procurement of herbal ingredients and traditional ingredients at heath facilities, including Bidding Documents for procurement of herbal ingredients applicable to open tender...
Exempt from import duty for machinery imported or temporarily imported for re-export to serve ODA
On December 03, 2013, the Ministry of Finance issued the Circular No. 181/2013/TT-BTC guiding the implementation of tax policies and incentives for programs and projects funded with official development assistance (ODA) capital or concessional loans provided by donors[...]
From 2015, incomes from casinos shall not be taxable
According to the Law No. 71/2014/QH13 dated November 26, 2014 amending and supplementing a Number of Articles of theLaws on Taxes approved by the National Assembly, incomes from independent professional activities of individuals possessing practice licenses or certificates in accordance with law and having an annual turnover of 100 ...
Depositors are paid within 25 days after bank’s bankruptcy
On September 06, 2014, the State Bank of Vietnam issued the Circular No. 24/2014/TT-NHNN guiding some contents in deposit insurance and this Circular is applied to the subjects such as the Deposit Insurance of Vietnam.[...]
Retail raw materials that contain addictive ingredients
In accordance with the Circular No. 19/2014/TT-BYT dated June 02, 2014 of the Ministry of Health managing the addictive drugs, psychotropic drugs, and drug precursor substances[...]
Conditions for manufacture of cosmetic products
On July 01, 2016, the Government issued the Decree No. 93/2016/ND-CP providing for conditions for manufacture of cosmetic products, within that, the manufacture of cosmetic products must have a cosmetic manufacturer must be established under the law; and have obtained a Certificate of eligibility for cosmetic manufacturing.
A cosmetic manufacturer...
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 2015, households must apply for health insurance
In accordance with the Law No. 46/2014/QH13 passed by the eighth National Assembly of the Socialist Republic of Vietnam in the 7th Conference on June 13, 2014 amending the Law on Health Insurance[...]
