GUIDING THE ISSUANCE THE RECEIPT OF CHARGES AND FEES
On November 15, 2016, the Ministry of Finance issued Circular No. 303/2016/TT-BTC guiding the printing, issuance, management and use of documents for the collection of charges and fees belonging to the State budget.
Accordingly, receipt issuance notices shall be made for receipts printed on orders placed by provincial-level Tax Departments...
New regulations on the management of state foreign exchange reserves
On May 20, 2014, the Government issued the Decree No. 50/2014/ND-CP on the management of State foreign exchange reserves.
TO APPLY 0% APPLIES TO RICE AND DRIED TOBACCO OF CAMBODIAN ORIGIN
On December 05, 2016, the Ministry of Industry and Trade issued the Circular No. 28/2016/TT-BCT providing for importation according to tariff quota of 2016 and 2017 with special preferential import duty rate of 0% applicable to goods of Cambodian origin.
In particular, in 2017, The import tariff quota with the...
To ban some HS codes of asbestos
On September 09, 2016, the Ministry of Construction issued the Circular No. 25/2016/TT-BXD promulgating the list and HS codes of asbestos in amphibole group banned from import.
In accordance with the Circular, The list and HS codes of asbestos in amphibole group banned from import includes Crocidolite:
Crocidolite (blue asbestos): fibrous,...
Assignment of given sea areas to organizations and individuals for marine resource exploitation
On May 21, 2014, the Government issued the Decree No. 51/2014/ND-CP providing the assignment of given sea areas to organizations and individuals for marine resource exploitation and use with the maximum duration is 30 years[...]
Fire and explosion in surance business must pay for fire prevention and fighting activities
In accordance with the Joint Circular No. 214/2013/TTLT-BTC-BCA dated December 31, 2013 of the Ministry of Finance and the Ministry of Public Security detailing the implementation of some articles of the Decree No. 130/2006/ND-CP dated November 08, 2006 of the Government providing for the compulsory fire and explosion insurance regime[...]
ADJUSTMENTS ON COMPULSORY RESERVES APPLICABLE TO CREDIT INSTITUTIONS
On December 04, 2015, the State Bank of Vietnam issued the Circular No. 23/2015/TT-NHNN dated December 04, 2015 of the State Bank amending, supplementing a number of articles of the Decree No. 581/2003/QD-NHNN dated June 09, 2003 of the State Bank Governor promulgating the regulation on compulsory reserves applicable...
TIME FOR CIRCULATION OF ANIMAL FEEDS IN VIETNAM IS FIVE YEARS
On September 04, 2015, the Ministry of Agriculture and Rural Development issued the Circular No. 29/2015/TT-BNNPTNT dated September 04, 2015 of the Ministry of Agriculture and Rural Development on amending and supplementing a number of articles of the Circular No. 66/2011/TT-BNNPTNT dated October 10, 2011 of the Ministry of...
Cases under cancellation of transaction relationship with credit institutions
On December 5, 2013, the State Bank issued Circular No. 27/2013/TT-NHNN, amending and supplementing a number of articles of Ciruclar No. 02/2012/TT-NHNN dated February 27, 2012, on guiding foreign exchange transactions among the State Bank of Vietnam and credit institutions and foreign banks’s branches. [...]
Regulation on handing counterfeit money and money suspected to be counterfeit in bank sector
On December 05, 2013, the State Bank of Vietnam issued the Circular No. 28/2013/TT-NHNN regulated that The State Bank branches of provinces and cities directly under the Central Government [...]
