increase the import tax for petroleum

From january 07. increase the import tax for petroleum to 35%

The Ministry of Finance issued the Circular 03/2015/TT-BTC dated January 6, 2015 of the Ministry of Finance amending the preferential import tax rate for some petroleum commodities in the Heading 27.10 in the Preferential Import Tariff, decided to increase the preferential import tax of leaded motor spirit or unleaded...
Collecting and processing information

Collecting and processing information about labor supply and demand on july 1 of the same year

On July 24, 2015, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 27/2015/TT-BLDTBXH guiding for collecting, archiving and synthesizing the information of labor market, defining that the time for collecting and processing information about labor supply and demand on is 30 days and from...
regional standards in agriculture

Apply international standards, regional standards in agriculture

In order To step by step harmonize national standards and technical regulations with regional and international standards, on February 14, 2015, the Ministry of Agriculture and Rural Development issued the Circular No. 07/2015/TT-BNNPTNT guiding the adoption of international standards, regional standards and foreign standards in activities managed by The...

To dissolve foreign invested enterprises which don’t make re-registration of operation before February 1.2014

On November 21, 2013, the Government promulgated Decree No.  194/2013/ND-CP on the re-registration, transformation of foreign-invested enterprises and renewal of investment license of investment projects under form of business cooperation contract  Accordingly, a foreign-invested enterprise already granted investment license before July 01, 2006, may decide on its re-registration, transformation of...
Regulations on the construction cost management

Regulations on the construction cost management

The Government issued the Decree No. 32/2015/ND-CP dated March 25, 2015 on the construction cost management including total construction investment, construction estimate, construction contract estimate, construction norms, construction prices, construction price indexes, project management and construction consultancy cost, payment for and finalization of construction contracts; reimbursement and statement of...

Receive 10% of the value of confiscated material evidences and fine payment on announcing administrative violationns

This is the content prescribed at the Circular No. 105/2014/TT-BTC dated August 07, 2014 of the Ministry of Finance amending, supplementing a number of articles of the Circular No. 153/2013/TT-BTC dated October 31, 2013[...]
Transactions not required to be reported

Transactions not required to be reported

On November 11, 2014, the State Bank of Vietnam issued the Circular No. 31/2014/TT-NHNN amending and supplementing a number of articles of Circular No. 35/2013/TT-NHNN of December 31, 2013 guiding the implementation of a number of provisions on anti-money laundering. Of which, there are important amendments on intensive assessment...

Shall be paid compensation for wasteful acts

Cadres, civil servants, public employees and workers in state budget-funded agencies and organizations and heads of state enterprises who commit violations who commit violations, fail to implement, or improperly implement the provisions of the Law on Thrift Practice[...]
Legal News

Re-declaration when changing more than 3% by-automobile transportation fare/freight rates

From December 01, 2014, enterprises, cooperatives and business households engaged in by-automobile transportation business or provision of road transportation support services in the Vietnamese territory, re-declaration of fare/freight rates shall be made by units that increase or reduce their fare/freight rates by more than 3% compared to previously declared...
Regulations-for-rank-promoted-terms

Regulations for rank-promoted terms

This is the new content prescribed at the Law No. 72/2014/QH14 Amending and Supplementing a Number of Articles of the Law on Officers of the Vietnam People’s Army passed by the National Assembly on November 27, 2014. In particular, The durations for rank promotion from Colonel to Major General or...