Securities business is allowed to indirectly invest offshore up to 30% ownership
According to Circular No. 105/2016/TT-BTC dated June 29, 2016 of the Ministry of Finance guiding offshore indirect investment activities of securities businesses, funds investing in securities, securities investment companies, insurance businesses, only securities businesses licensed to undertake securities dealing are allowed to invest or undertake offshore indirect investment with...
PROCEDURES FOR FORMULATION, ASSESSMENT AND APPROVAL FOR ELECTRICITY TRANSMISSION PRICE
On February 10, 2017, the Ministry of Industry and Trade issued the Circular No. 02/2017/TT-BCT prescribing the regulations on methods and procedures for formulation, assessment and approval for electricity transmission price; applicable to Vietnam Electricity, National Power Transmission Corporation, system and market operator, Electric Power Trading Company, power corporations...
Recognition for the hight school graduation as and the unniversity entrance examination in the future plan
On June 09, 2014, the Government issued the Resolution No. 44/NQ-CP on the promulgation of action program of the Government in furtherance of Resolution No. 29-NQ/TW [...]
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...
An economic group or a corporation has at most 3 levels of enterprises
This is one of the contents prescribed at the Decree No. 69/2014/ND-CP dated July 15, 2014 of the Government on state economic groups and state corporations.[...]
condominium building projects under 2 ha shall be formulated without formulation of detailed construction planning
In accordance with the Decree No. 44/2015/ND-CP dated May 06, 2015 of the Government detailing a number of contents on construction planning, for particular-function zones of over 500 ha each, general construction planning shall be formulated in conformity with provincial construction planning and urban planning; and be used as...
Many preferential treatments with enterprises in national security and defense
Circular No. 151/2016/TT-BTC guiding operation mechanism for enterprises and employees in enterprises in national security and defense as stipulated under the Decree No. 93/2015/ND-CP dated October 15, 2015 of the Government on management organization and operation of enterprises in national defense and security was issued by the Ministry of...
Foreign organizations must make regular reports on recruitment of vietnamese employees
This is the prominent content prescribed at the Decision No. 19/2015/QD-TTg dated June 15, 2015 of the Prime Minister prescribing criteria for identifying hi-tech enterprises.
Accordingly, from August 01, 2015, beside satisfying the criteria prescribed at Point a and b, Article 75 of the Investment Law, a hi-tech enterprise ...
To increase on regional minimum wage from January 01, 2017
On November 14, 2016, the Government issued the Decree No. 153/2016/ND-CP dated November 14, 2016 of the Government providing on regional minimum wage rates applied to employees working under an employment contract, takes effect on January 01, 2017.
Accordingly, the regional minimum wage rate applied to employees working for enterprises...
PEOPLE PROCESSING HOUSE OR LAND USE RIGHT AT LEAST 183 DAYS IS EXEMPT FROM PIT WHEN TRANSFERRING REAL ESTATE
On June 15, 2015, the Ministry of Finance issued the Circular No. 92/2015/TT-BTC on guidelines for vat and personal income tax incurred by residents doing business, amendments to some articles on personal income tax of the Law No. 71/2014/QH13 on the amendments to tax Laws and the Government's Decree...
