Deposit interest rate and payment of deposit interest rate for outsourcers
On December 11, 2014, the State Bank of Vietnam issued the Circular No. 40/2014/TT-NHNN guiding the payment and management of outsourcer’s deposits.
In accordance with regulations prescribed in this Circular, when an outsourcer wishes to pay a deposit into its account at a bank, the depositary bank and the outsourcer...
Maximun commission for insurance contracts of guarantee insurance is 10%
This is the content prescribed at the Circular No. 194/2014/TT-BTC dated December 17, 2014 of the Ministry of Finance on amending and supplementing a number of articles of the Circular No. 124/2012/TT-BTC dated July 30, 2012 of the Ministry of Finance guiding the implementation of a number of articles...
Approving list of high technologies prioritized for development investment
On November 25, 2014, the Prime Minister issued the Decision No. 66/2014/QD-TTg approving the list of high technologies prioritized for development investment and the list of hi-tech products eligible for development promotion.
Accordingly, from January 15, 2015, list of high technologies prioritized for development investment includes 58 technologies instead of...
Health quarantine process for persons on entry or exit
On December 05, 2014, the Ministry of Health issued the Circular No. 46/2014/TT-BYT guiding the health quarantine process, of which it stipulates health quarantine process for persons on entry or exit or in transit at road and railway border gates, at international airports and at waterway border gates.
Under this...
Terrestrial cell phones consigned are exmpt from import license
On November 26, 2014, the Ministry of Information and Communications promulgates the Circular No. 18/2014/TT-BTTTT detailing the Government’s Decree No. 187/2013/ND-CP of November 20, 2013, on the grant of import licenses for radio transmitters and radio transceivers; deciding terrestrial cell phones that are consigned together or not together with...
Import of used ships for dismantlement must have at least vnd 50 billion
According to the Decree No. 114/2014/ND-CP dated November 26, 2014 of the Government on subjects eligible and conditions for licensed import and dismantlement of used ships, a used ship imported for dismantlement shall be brought to a ship dismantlement establishment within 30 days after customs formalities are completed and...
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...
Inland waterway transportation must have automatic dentification system equipment
This is one of the conditions for passenger transportation business along fixed routes in accordance with the Circular No. 110/2014/ND-CP issued by the Government on conditions for inland waterway transportation business.
In particular, beside the condition that vessels are fitted with Automatic Identification System (AIS) equipment when operating along routes...
Employee on maternal leave must pay health insurance premiums
This is one of the important content of the Decree No. 105/2014/ND-CP dated November 15, 2014 of the Government detailing and guiding the implementation of a number of articles of the Health Insurance Law.
In particular, In accordance with this Decree, from January 01, 2015, for an employee who is...
The land price bracket in urban areas is vnd 162 million/m2 at most
According to the Decree No. 104/2014/ND-CP dated November 14, 2014 of the Government on the land price bracket, from December 29, 2014, the land price bracket ranges from VND 40,000/m2 to VND 162 million/m2; Of which, the highest price - VND 162 million/m2 shall be applied for the Red...
