legal-news

AGRICULTURE’S GDP PROPORTION OF 15%

The Prime Minister has just signed the Decision No. 1342/QD-TTg dated August 12, 2014 approving the plan of action to develop agricultural machinery industry in implementation of Vietnam’s industrialization strategy within the framework of Vietnam - Japan cooperation through 2020, with a vision toward 2030. This Strategy shall be implemented...

TO SUPPLEMENT THE UNITS IN INSPECTION ACTIVITIES OF SCIENCE AND TECHNOLOGY

On March 15, 2017, the Government issued the Decree No. 27/2017/ND-CP dated March 15, 2017 of the Government amending and supplementing a number of articles of the Decree No. 213/2013/ND-CP dated 20 December 2013 of government regulations on the organization and inspection activities of science and technology. Within that, the...

From 2018, to execute certain building information models (BIM) pilot projects

The Building Information Models (BIM) for facility building and operating management activities approved by the Prime Minister on December 22, 2016 at the Decision No. 2500/QD-TTg. Accordingly, .with the objectives that through application of BIM, strive to achieve the objective of saving at least 30% of convertible general expenses for...

Publishing houses must have at least 200 m2 for use

At the Decree No. 195/2013/ND-CP dated November 21, 2013 of the Government detailing a number of articles of, and measures for implementing, the Publication Law[...]

BANKS MUST MAINTAIN THE MINIMUM CAPITAL ADEQUACY RATIO OF 8%

Takes effect on January 01, 2020, the Circular No. 41/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam prescribing prudential ratios for operations of banks and/or foreign bank branches. One of the most important content is that banks without subsidiary companies and/or foreign bank branches must maintain the...

General construction plan for the southeast Quang Tri economic zone

On October 11, 2016, the Prime Minister issued the Decision No. Decision No. 1936/QD-TTg on approving the general construction plan for the southeast Quang Tri economic zone in Quang Tri province by 2035, with a vision towards 2050. The planned area of the Southeast Quang Tri Economic Zone is 23,792...

Extension of VAT payment for imported machines with the worthfrom VND 100 billion

This is the content prescribed at the Circular No. 134/2014/TT-BTC dated September 12, 2014 of the Ministry of Finance guiding the procedure for extension of VAT payment and refund for import machines and equipments for investment project’s fix assets.[...]

Not allow banks to get investment entrustment on production and business

In accordance with the Circular No. 30/2014/TT-NHNN dated November 06, 2014 of the State Bank of Vietnam providing for the entrustment operations and entrustment taking of credit institutions, foreign bank's branches[...]

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[...]
SOLUTIONS FOR WITHDRAWAL OF STATE CAPITAL FROM ENTERPRISES

Solutions for withdrawal of state capital from enterprises

On March 06, 2014, the Government issued the Resolution No. 15/NQ-CP on solutions for speeding up equitization and withdrawal of state capital from enterprises[...]