To reduce pit of individuals working in the IT industry by 50%

This is one of the most important solutions on tax incentives for developing and applying information technology in Vietnam issued with the Resolution No. 41/NQ-CP dated May 26, 2016 of the Government. In particular, beside the policy that personal income tax on salary-based and wage-based incomes of individuals working in...

Management and use of seals

The Decree No. 99/2016/ND-CP on management and use of seals is issued by the Government on July 01, 2016, provides  for  the  management and  use  of  seal  of  state bodies, people’s armed forces and bodies of the organizational system of Communist Party of Vietnam, Vietnam Fatherland Front, social –...

Task assignment for the prime minister and deputy prime ministers

The Decision No. 1527/QD-TTg dated August 01, 2016 on task assignment for the Prime Minister and Deputy Prime Ministers issued by the Prime Minister. Accordingly, the Prime Minister shall fully perform his/her tasks and exercise his/her powers in accordance with the Constitution and the Law on Organization of the Government;...

Disposal of security assets must be Informed at least before 7 days

On June 06, 2014, the Joint-ministries of Justice, Natural resources and Environment, the State Bank of Vietnam issued the Joint Circular No. 16/2014/TTLT-BTP-BTNMT-NHNN guiding a number of matters on disposal of security assets.[...]

Apply the enterprise income tax of 20% from January 01,2016

The persons subject to the tax rate of 22% specified in this Clause shall be subject to the tax rate of 20% shall applied onJanuary 01, 2016 is the content prescribed at the Decree No. 218/2013/ND-CP dated December 26, 2013 of the Government detailing and guiding the implementation of the Law on Enterprise Income Tax[...]
bad-debts

Reduce non-performing loans to below 3 percent of the total outstanding loans by the end of 2015

The National Assembly has just passed the Resolution No. 86/2014/QH13 dated November 28, 2014 on further increasing the effectiveness of the economic restructuring in public investment, state enterprises and banking system, requires Ministries, industries and relevant units to arrange and restructure weak credit institutions, continue implementing measures to reduce...

Marriages and families involving foreign elements must go to the center for consultancy

On December 31, 2013, the Ministry of Justice issued the Circular No. 22/2013/TT-BTP detailing and guiding the implementation of some articles of the Decree No. 24/2013/ND-CP dated March 28, 2013 [...]
the economic growth

To 2020, the economic growth of thai nguyen province is 10 – 11%/year

To build Thai Nguyen province into a modernity-oriented industrial province and an industrial and education and training service development hub of the northern midland and mountainous region with a modem economic structure...on February 27, 2015, the Prime Minister signed the Decision No. 260/QD-TTg approving the master plan on socio-economic...

Employees may file petitions for initiation of bankrupttcy procedures when enterprises fall to pay salaries within 3 months

On June 19, 2014, the National Assembly passed the Law No. 51/2014/QH13 on Bankruptcy with a number of new and important contents.[...]

TIME LIMIT OF AN AUDIT DOES NOT EXCEED 60 DAYS

Audit process issued by the State Audit Office of Vietnam on December 23, 2016 is attached with the Decision No. 08/2016/QD-KTNN, prescribing that the audit process comprises 4 steps such as Preparation; Performance; Making and sending audit reports; Oversight of performance of audit conclusions and audit requests. In accordance with...