Import conditions of automobiles and motorcycle for repatriated overseas Vietnamese citizens
On February 12, 2014, the Ministry of Finance issued the Circular No. 20/2014/TT-BTC prescribing the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are permitted to register permanent residence in Vietnam.
Within that, the most important contents are the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are Overseas Vietnamese citizens [...]
Principles of managing and using fees and charges
On August 23, 2016, the Government promulgates the Decree No. 120/2016/ND-CP on detailing and guiding the implementation of a number of Articles of the Law on Fees and Charges. Under this Decree, fees from public services provided by state agencies shall be paid to state budget, except for cases...
The fee of issuance or renewal of a certificate of multi-level marketing is VND 5 million/application
In accordance with the Circular No. 156/2016/TT-BTC dated October 21, 2016 of the Ministry of Finance on providing for fees for processing of application for the certificate of multi-level marketing, collection, transfer and management thereof, applies to enterprises applying for issuance, replacement, addition or renewal of the certificate of...
Photocopying service establishment must make declaration at least 10 days before operation
A photocopying service establishment shall make declaration to the district-level People’s Committee at least 10 days before operation is the important content at the Decree No. 60/2014/ND-CP dated June 19, 2014 of the Government prescribing printing activities[...]
REGULATIONS ON GUIDING THE ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACTS
On December 30, 2016, the Ministry of Construction issued the Circular No. 30/2016/TT-BXD on guiding the engineering, procurement and construction contracts (EPC contract).
In accordance with the regulations in this Circular, an EPC contract applies solely to construction projects and contract packages of which execution time is required to be...
Credit institutions freeze debts to refinanced people engaged in shrimp and catfish rearing
On September 16, 2014, the State Bank of Vietnam issued the Circular No. 26/2014/TT-NHNN regulating on refinancing for credit institutions in Vietnam dong according to the Decision No. 540/QD-TTg dated April 16, 2014 of the Prime Minister on the credit policy vis-à-vis shrimp and catfish rearing.[...]
CASES ON APPRAISAL OF THE RESERVE PRICE OF NONPERFORMING LOANS
On May 16, 2017, the Government issued the Decree No. 61/2017/ND-CP stipulating on appraisal of the reserve price of nonperforming loans, collateral of nonperforming loans and establishment of the Council for auction of nonperforming loans, collateral of nonperforming loans for high value nonperforming loans, collateral of nonperforming loans.
Accordingly, cases...
Allowed to use foreign languages in teaching
The Prime Minister has just signed the Decision No. 72/2014/QD-TTg dated December 17, 2014 of the Prime Minister on teaching and learning in foreign language at schools and other educational institutions, any foreign language may be used partially or entirely to teach learners at general education level in Vietnam...
Free for renunciation of Vietnamese nationality
This is one of important contents prescribed at the Decree No. 97/2014/ND-CP dated October 07, 2014 of the Government amending and supplementing a number of articles of the Government’s Decree No. 78/2009/ND-CP of September 22, 2009, detailing and guiding a number of articles of the Law on Vietnamese Nationality…[...]
Increase special excise tax by 5% for alcohol and beer from 2016
On November 26, 2014, the 13th National Assembly on November 26, 2014 during the 8th session pass the Law No. 70/2014/QH13 on amending a number of articles of the Law on Special Excise Duty and deciding to increase special excise tax by 5% for some goods and commodities from...
