To fine to vnd 100 million if non-public offering of stocks failing to apply for securities
This is one of the important contents prescribed at the Decree No. 145/2016/ND-CP dated November 01, 2016 of the Government on amending the Government’s Decree No. 108/2013/ND-CP dated September 23, 2013 on penalties for administrative violations against regulations on securities and securities market.
In particular, from December 15, 2016, any...
Import of steel scraps must deposit from 10% – 20%
In order to ensure that scrap importers take responsibility for handling environmental risks and pollution which may arise from the imported scrap lots, in the Decree No. 38/2015/ND-CP dated April 24, 2015 on the management of wastes and scraps, the Government requires scrap importers to pay deposits at Vietnam...
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[...]
Regulations on foreign investor’s purchase of Vietnam credit institution’s shares
The State Bank of Vietnam has just issued the Circular No. 38/2014/TT-NHNN dated December 08, 2014 on dossier, order and procedures for approving the foreign investor’s purchase of Vietnamese credit institution’s shares. At the same time, within 40 days from the date of full receipt of valid dossier, the...
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...
National single-window mechanism for inspection of quality of imported goods
On June 03, 2016, the Ministry of Finance and the Ministry of Science and Technology issued Joint Circular No. 77/2016/TTLT-BTC-BKHCN guiding the implementation of the national single-window mechanism with respect to procedures for State inspection of quality of goods imported into Vietnam under the management of the Ministry of...
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,...
Procedures of declaring value added tax for foreign contractors
On February 11, 2015, the Ministry of Finance signed the Decision No. 274/QD-BTC on publishing amendments and supplements of administrative procedures in the tax management under the Ministry of Finance’s authority.
Under this Decision, procedures of declaring tax for foreign contractors, foreign sub-contractors paying value added tax according to the...
From july 01, 2016, the driver must print the bill
From July 01, 2016, taxi must have the printing equipment connected with the taximeter; the driver must print the bill and hand it to passenger is the important content at the Decree No. 86/2014/ND-CP of the Government business and transportation business’s conditions for car.[...]
Exemption from national occupational skills assessment for winners at a national vocational skills competition
A person who has won the first, second or third prize at a national vocational skills competition is entitled to recognition and grant of a certificate of national occupational skills of level 2 in the occupation in which he/she has won the prize is the content prescribed at the...
