FROM MARCH 15, TO APPLY THE INTEREST RATE IN NEW REGIME
On December 30, 2016, the State Bank of Vietnam issued the Circular No. 39/2016/TT-NHNN prescribing lending transactions of credit institutions and/or foreign bank branches with customers, takes effect on March 15, 2016.
The most important content is the regulations in Interest rate of loan. A credit institution and its customer...
Foreign exchange agents aren’t allowed to exchange foreign currency for other foreign currencies
As in former regulations, foreign exchange agents are not allowed to exchange foreign currency cash for Vietnam dong, then in accordance with this Circular, foreign exchange agents are not allowed to exchange foreign currency cash for other foreign currencies either. Now, these agents are only allowed to exchange Vietnam...
EXPORT PROCESSING ENTERPRISES MAY SELL THEIR LIQUIDATED ASSETS AND GOODS IN THE INLAND MARKET
Takes effect on December 25, 2015, the Decree No. 114/2015/ND-CP dated November 09, 2015 Amending and supplementing Article 21 of the Government’s Decree No. 29/2008/ND-CP of March 14, 2008, on industrial parks, export processing zones and economic zones, export processing enterprises may sell their liquidated assets and goods in...
Independent audit for public interest units must have charter capital of VND 4 billion
On December 04, 2013, the Ministry of Finance issued the Circular No. 183/2013/TT-BTC on independent audit for public interest units[...]
CONDITIONS ON TRAINING AT THE MASTER LEVEL
On April 04,2017, the Ministry of Education and Training issued the Circular No. 09/2017/TT-BGDDT on prescribing requirements, processes and procedures for opening of academic disciplines or majors, suspension or cancellation of enrolment, revocation of decision on opening of disciplines or majors at the master’s or doctoral level.
This Circular points...
District-level people’s committees certify contracts and transactions on urban housing through june 30,2015
The Government has issued the Decree No. 23/2015/ND-CP on February 16, 2015 on grant of duplicates from master registers, certification of copies from originals, certification of signatures and certification of contracts and transactions.
To the time limit for certification, the time limit for certification is within the day an agency...
Exempt electricity activity permit for generating electricity
On May 29, 2015, the Ministry of Industry and Trade issue the Circular No. 10/2015/TT-BCT providing the order and procedure for issue, revocation and duration of electricity activity permit, within that, the most important content is on exemption from electricity activity permit.
Accordingly, beside the case of exempting the electricity...
Petrol and oil temporarily imported for re-export may be retained in Vietnam within maxium 180 days
On October 9, 2013, the Ministry of Finance promulgated Circular No. 139/2013/TT-BTC, on customs procedures for petrol and oil exported[...]
The Over-quota import duty rates of un-manufactured tobacco and tobacco refuse of burley is 80%
On June 23, 2014, the Ministry of Finance issued the Circular No. 80/2014/TT-BTC amending and supplementing the Ministry of Finance’s Circular No. 111/2012/TT-BTC of July 4, 2012[...]
Publishing the information on construction capabilities of organizations and individuals
On August 25, 2014, the Ministry of Construction issued the Circular No. 11/2014/TT-BXD publishing the information on construction capabilities of organizations and individuals in construction.[...]
