The late payment interest at 0.03% per day on the outstanding amount

This is the important content prescribed at the Decree No. 100/2016/ND-CP dated July 01, 2016 of the Government on elaboration and guidelines for some articles of the law on amendment of the law on value-added tax, the law on special excise duty and the law on tax administration. On particular,...
Late salary payment for 15 days or more shall be paid interest

Late salary payment for 15 days or more shall be paid interest

Under the Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number of the Labor Code’s contents, an employee enjoying monthly salary shall be paid on monthly or semi-monthly basis. In case natural disaster, conflagration or other force majeure events take place, and employers...

To invest over VND 13.000 billion for solid waste management planning

In order to enhance solid waste management, prevent and reduce generated solid waste; prioritize to apply solid waste technologies such as recycle and reuse, minimize landfill method…on October 14, 2016, the Prime Minister signed the Decision No. 1979/QD-TTg on approving the solid waste management planning in Northern key economic...

From july 01, 2017, increase base salary to vnd 1.3 million/month

This is one of tasks of Government at Resolution No. 27/2016/QH14 dated November 11, 2016 of the National Assembly on state budget estimates of 2016. In particular, the National Assembly requested the Government to direct the conduct and implementation of laws on tax and promptly provide guidance on the conversion...
Law on protection of consumers’ rights 2010

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[...]
SUBJECTS ALLOWED TO USE FOREIGN EXCHANGE WITHIN VIETNAM’S TERRITORY

Subjects allowed to use foreign exchange within Vietnam’s territory

On December 26th 2013, the State Bank of Vietnam issued Circular No. 32/2013/TT-NHNN on guiding the implementation of regulations on restricting the use of foreign exchange within the territory of Vietnam and residents are allowed to contribute capital in foreign currency by transfer in order to perform foreign investment projects in Vietnam. [...]

To reduce the ratio of poor households by 1.5% to 2% by 2015

This is one of important points prescribed in Solution No. 53/2013/QH13 dated November 11, 2013 of the 13th National Assembly on socio- economic development plan in 2014 In the next two years 2014- 2015, the National Assembly asks the Government to focus on shortcomings and weaknesses; to stabilize and restructure...

The support for stabilizing production upon land recovery by the state

On May 15, 2014, the Government issued the Decree No. 47/2014/ND-CP on compensation, support and resettlement upon land recovery by the State, within that the most important content is the support for stabilization of livelihood and production upon land recovery by the State[...]

REGULATIONS ON GOOD LABELS

Takes effect on June 01, 2017, the Decree No. 43/2017/ND-CP dated April 04, 2017 of the Government on good labels, prescribing that manufacturers and traders of goods in Vietnam; importers of goods must present good labels, exempt for real property; goods temporarily imported for re-export; goods temporarily imported for...

Restricted activities within a coast protection corridor

The Government issued Decree No. 40/2016/ND-CP on May 15, 2016 detailing a number of articles of the Law on Marine and Island Resources and Environment; in which the most important provision is about restricted activities within a coast protection corridor. Accordingly, exploitation of groundwater may be conducted only in emergency...