Legal-and-Regulatory1

subjects allowed to exit and entry the land border gater

On November 21, 2014, the Government issued the Decree No. 112/2014/ND-CP providing the management of land border gates and replaces the Government’s Decree No.32/2005/ND-CP of Marcy 14, 2005, on the Regulation on Land Border Gates; within that supplement the principles on the subjects allowed to exit and entry the...

Shareholding percentage of a foreign organization shall not exceed 15% of a Vietnamese credit institution’s charter capital

This is one of remarkable point in Decision No. 01/2014/ND-CP dated January 3, 2014 of the Government on foreign investors’ share purchase from Vietnamese credit institutions Accordingly, shareholding percentage of a foreign individual shall not exceed 5% of charter capital of a Vietnamese credit institution and shareholding percentage of a...
TO CHANGE ORGANIZATIONAL STRUCTURE OF MINISTRY OF INFORMATION AND TELECOMMUNICATIONS

To change organizational structure of Ministry of information and telecommunications

On October 16, 2013, the Ministry of Information and Telecommunications promulgated Decree No. 132/2013/ND-CP, defining the functions, tasks, powers and organizational structure of the Ministry of Information and Communications.[...]

PRICE FOR SOLAR ELECTRIC IS 2,086 VND/KWH

This is the most important content in Decision No. 11/2017/QD-TTg dated April 11, 2017 of the Prime Minister on mechanism for encouragement of development of solar power in Vietnam (Solar power project is a project to generate electric power by using solar panel to convert energy from the sun...

Change the organizational structure of the ministry of home affairs

On June 16, 2014, the Government issued the Decree No. 58/2014/ND-CP defining the functions, tasks, powers and organizational structure of the Ministry of Home Affairs replaces the Government’s Decree No. 61/2012/ND-CP of August 10, 2012, defining the functions, tasks, powers and organizational structure of the Ministry of Home Affairs[...]

Vault doors must have import permits

On August 01, 2014, the State Bank of Vietnam issued the Circular No. 18/2014/TT-NHNN on guiding import of goods subject to the State Bank’s specialized management[...]

Responsibilities of trade unions in state management and socio- economic management

According to the Decree No. 200/2013/ND-CP dated November 26, 2013 of the Government detailing Article 11 of the Law on Trade Unions on the rights and responsibilities of trade unions to participate in state management and socio-economic management. When sectors, localities and units, and policies formulate the socio-economic development...
investment registration for domestic investment projects

Not carry out procedures for investment registration for domestic investment projects

On November 26, 2014, the National Assembly approved the Law No. 67/2014/QH13 on Investment with many new contents that have strong effects on domestic and foreign investors. First of all, the Law regulated that only investment projects of foreign investors and economic organizations having  51%  or  more  of  their ...

To supplement export tax rate of 5% for the charcoal

On May 20, 2016, the Ministry of Finance issued the Circular No. 73/2016/TT- BTC dated May 20, 2016 of the Ministry of Finance on amending export tax rates on sawdust briquettes in the Heading No. 44.02 in schedule of coal export tariff issued together with the Circular No.182/2015/TT-BTC dated...
balance

Management of the balance of international payments of VIETNAM

In accordance with the Decree No. 16/2014/ND-CP dated March 03, 2014 of the Government On management of the balance of international payments of Vietnam, the Ministries of Planning and Investment; Finance; Industry and Trade[...]