Supervision of state enterprises in the observance of law
In order to assist state management agencies and owners in detecting weaknesses in business activities of state enterprises[...]
Annul the term for registration of keeping the VIETNAMESE nationality
On June 24, 2014, the National Assembly passed the Law No. 56/2014/QH13 Amending and Supplementing a Number of Articles of the Law on Vietnamese Nationality, annuls the regulations that Overseas Vietnamese shall loose their Vietnamese nationality if not register to keep the nationality for 05 years.[...]
TO INCREASE THE IMPORT TAX FOR SYNTHETIC STAPLE FIBERS TO 2%
On August 27, 2015, the Ministry of Finance issued the Circular No. 131/2015/TT-BTC dated August 27, 2015 of the Ministry of Finance amending the preferential import tax rates imposed on synthetic staple fibers of polyesters of HS code 5503.20.00 in preferential import tariff table issued together with Circular No....
The detailed planning for seaports in the middle central vietnam (group 3)
On July 29, 2016, the Minister of Ministry of Transport issued Decision No. 2369/QD-BGTVT approving the detailed planning for seaports in the Middle Central Vietnam (Group 3) by 2020 and the orientation towards 2030, includes seaports of following coastal provinces: Quang Binh, Quang Tri, Thua Thien Hue, Da Nang,...
LIMITATION ON CROSS-OWNERSHIP AMONG COMPANIES
On October 02, 2015, the Ministry of Finance issued the Circular No. 152/2015/TT-BTC guiding the severance tax, and the taxable items are metallic minerals; non-metallic minerals; products of natural forests; natural aquatic organisms, including marine animals and plants; natural water; natural bird’s nests other than those collected from construction...
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...
Accelerate to downsize the payroll
Resolution No. 24/2016/QH14 on economic restructuring plan 2016 - 2020 was ratified on November 08, 2016 by the National Assembly.
Accordingly, on the economic restructuring standpoints of developing growth models based on productivity, quality and competitiveness; improve quality of economic growth, develop growth models based on investment, export and domestic...
STANDARD CONSTRUCTION CONSULTING COSTS
On February 15, 2017, the Ministry of Construction issued the Decision No. 79/QD-BXD on standard project management and construction consulting costs.
The most important content is the standard construction consulting costs; the construction consulting costs are used for determination of costs of consulting works in the total investment and construction...
To ban some HS codes of asbestos
On September 09, 2016, the Ministry of Construction issued the Circular No. 25/2016/TT-BXD promulgating the list and HS codes of asbestos in amphibole group banned from import.
In accordance with the Circular, The list and HS codes of asbestos in amphibole group banned from import includes Crocidolite:
Crocidolite (blue asbestos): fibrous,...
Adjusting the financial management mechanism for vietnam development bank
On April 29, 2016, the Ministry of Finance issued the Circular No. 67/2016/TT-BTC amending; supplementing some contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of financial management mechanism for Vietnam Development Bank.
In particular, after calculating the total actual capital amount as a basis to...
