for food safety assurance

Conditions for food safety assurance for vagetable oil production

On December 22, 2014, the Ministry of Industry and Trade issued the Circular No. 59/2014/TT-BCT dated December 22, 2014 prescribing conditions for food safety assurance for vegetable oil production and trading establishments and takes effect on February 06, 2015. Accordingly, Vegetable oil production establishments must have production location constructed under...

Incentives for power generation projects using solid waste

On May 05, 2014, the Prime Minister issued the Decision No. 31/2014/QD-TTg dated May 05, 2014 [...]

Regulations on the inspection of quality in manufacturing motor vehicles

On October 20, 2014, the Ministry of Transport promulgated Circular No. 54/2014/TT-BGTVT dated October 20, 2014, amending Circular No. 31/2011/TT-BGTVT stipulating the inspection of technical safety, quality and environmental protection in manufacturing and assembling motor vehicles.[...]
Legal Updates

Issue notification of classification results is within 5 working days

This is the content prescribed at the Circular No. 14/2015/TT-BTC dated January 30, 2015 of the Ministry of Finance guiding the classification, analysis for classification; analysis for quality inspection and food safety inspection of exports and imports. Accordingly, within 5 working days, or 20 working days in case the analysis...

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 ...
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...
LIMIT ON TRADING

Limit on trading, providing interest rate derivative products

According to the Circular No. 01/2015/TT-NHNN dated January 06, 2015 of the Vietnam State Bank stipulating trading and provision of interest rate derivative products of commercial banks, foreign bank branches, credit institutions, foreign bank branches are permitted trading, providing and using interest rate derivative products when limit of net...
geographical atlases must subject to licensing

establishing thematic maps and geographical atlases must subject to licensing

The Government has just issued the Decree No. 45/2015/ND-CP dated May 06, 2015 on topographic and cartographic activities in the mainland, on islands, archipelagoes and sea areas, under the ground and in the space of the Socialist Republic of Vietnam, to issue List of 14 topographic and cartographic services...

To 2017, GDP is expected to increase by 6.7%

On November 07, 2016, the National Assembly passed the Resolution No. 23/2016/QH14 on socio-economic development plan (2017), requires Government, Supreme People’s Procuracy, Supreme People’s Court and the State Auditors….to implement proactive and flexible monetary policies, continue to restructure credit institutions; develop bond markets, strictly control and tackle bad debts...
export shall have priority policy

Enterprise earns at least usd 100 million in annual turnover from import, export shall have priority policy

On May 12, 2015, the Ministry of Finance issued the Circular No. 72/2015/TT-BTC dated May 12, 2015 of the Ministry of Finance guiding the application of priority policy in customs procedures, customs inspection and supervision for exported and imported goods of enterprises. In accordance with this Circular, to receive the...