The minimum amount of capital required for an airline is vnd 300 billion

This is the content prescribed at the Decree No. 92/2016/ND-CP dated July 1, 2016 of the Government providing for conditional business sectors or activities in the civil aviation industry and takes effect on July 01, 2016. In particular, the minimum amount of capital required for establishment and maintenance of an...
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Land use right transfers before july 01, 1994 are excluded from personal income tax

This is the important contents prescribed at the Circular No. 151/2014/TT-BTC dated October 10, 2014 of the Ministry of Finance Guiding the implementation of the Government’s Decree No. 91/2014/ND-CP of October 1, 2014, amending and supplementing a number of articles of decrees on taxes. Beside supplementing the regulations on persons...

Validity of construction practice certificates

According to the Circular No. 24/2016/TT-BXD dated September 01, 2016 of the Ministry of Construction on amending a number of articles of the Circular regarding construction project management, person who has construction practice certificates issued before September 01, 2016 shall be entitled to use it until its expiry date. If...

General conditions for seagoing ship building

On July 01, 2016, the Government issued the Decree No. 111/2016/ND-CP prescribing business conditions for provision of seagoing ship building, conversion and repair services. In accordance with regulations, from July 01, 2016, a shipyard must have a technical division and a quality inspection division which are separate from each other...

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.[...]

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...

To increase the entrance fees by vietnam fine arts museum

From 2017, the collection, payment, management and use of entrance fees by Vietnam Fine Arts Museum shall be applied in accordance with the Circular No. 181/2016/TT-BTC issued by the Ministry of Finance on November 07, 2016; replaces the Circular No. 174/2013/TT-BTC dated November 27, 2013. Accordingly, the amount of entrance...

Banks must converse basic foreign exchange activities before November of 2017

On October 05, 2016, the State Bank of Vietnam issued the Circular No. 28/2016/TT-NHNN on amending and supplementing a number of articles of Circular No. 21/2014/TT-NHNN of August 14, 2014, of the Governor of the State Bank of Vietnam, guiding the scope of foreign exchange activities and the conditions,...

A PREGNANT EMPLOYEE MAY UNILATERALLY TERMINATE

If a pregnant employee has a confirmation given by a competent medical facility that the continuation of working will impact negatively the embryo, she may unilaterally terminate or suspend the labor contract is the important contents prescribed at the Decree No. 85/2015/ND-CP dated October 01, 2015 of the Government...