Exempt import tax within 05 years for raw materials or components

Circular No. 83/2016/TT-BTC issued by the Ministry of Finance on June 17, 2016 guiding the implementation of the investment incentive programs under the provisions of the Law on Investment and the Decree No. 118/2015/ND- CP dated November 12, 2015 specifying and guiding the implementation   of   several   articles   of   the ...
xuất khẩu cá tra ra nước ngoài

Pangasius export must be registered with Vietnam pangasius association

On April 29, 2014, the Government issued the Decree No. 36/2014/ND-CP on raising, processing, and exporting pangasius
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...

Safe investment ratio of proprietary trader that is commercial banks is 7%

This content is regulated in Circular No. 10/2016/TT-NHNN dated June 29, 2016 of the State Bank of Vietnam guiding a certain contents of the Decree No. 135/2015/ND-CP dated December 31, 2015 of the Government on  prescribing offshore indirect investment. According to this Circular, the safe investment ratio of a proprietary...

Any advertisement giving incorrect information or confusing the customers shall be fined up to VND 140 million

In accordance with the Decree No. 71/2014/ND-CP dated July 21, 2014 of the Government detailing the Law on Competition on imposition of violation penalties against the Law on Competition.[...]
the co-operative bank

Co-Operative bank allowed to reschedule debts

On May 20, 2014, the State Bank of Vietnam issued the Circular No. 14/2014/TT-NHNN amending, supplementing a number of Articles of the Regulations on classification of debts, appropriation, setting up and use of reserves for handling credit risks in banking activities of credit institutions
The charge for commercial pangasius’s appraisal

The charge for commercial pangasius’s appraisal is 100,000 VND/01 exporting contract

This is the content prescribed at the Circular No. 46/2015/TT-BTC dated April 07, 2015 of the Ministry of Finance providing for the collection rates, regime of collection, remittance, management and use of charges for the appraisal for commercial pangasius. In accordance with the regulations in this Circular, Organizations, individuals when...
The land price bracket in urban areas

The land price bracket in urban areas is vnd 162 million/m2 at most

According to the Decree No. 104/2014/ND-CP dated November 14, 2014 of the Government on the land price bracket, from December 29, 2014, the land price bracket ranges from VND 40,000/m2 to VND 162 million/m2; Of which, the highest price - VND 162 million/m2 shall be applied for the Red...

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...

Invalidating redgulations on importation of used machinery equipment

On August 29, 2014, the Minister of Science and Technology signed the Decision No. 2279/QĐ-BKHCN on invalidating Circular No.20/2014/TT-BKHCN on importation of used machinery, equipment and technological line.[...]