Exempt licensing fees for households having annual revenues of less than vnd 100 million

The individuals, groups of individual and households that have their trade/production activities with annual revenues of less than VND 100 million shall be exempted from licensing fees is the important content prescribed at the Decree No. 139/2016/ND-CP dated October 04, 2016 of the Government on licensing fees. Beside the individuals,...
The list of 127 national projects called for foreign investments

The list of 127 national projects called for foreign investments

On April 29, 2014, the Prime Minister signed the Decision No. 631/QD-TTg on promulgation of the list of national projects called for foreign investments by 2020. [...]
Casino business

Casino business must have licenses for collection and payment of foreign currency

On July 24, 2014, the State Bank of Vietnam (SBV) issued the Circular No. 15/2014/TT-NHNN guiding the exchange management of the business of prize-winning electronic games for foreigners[...]
bad-debts

Reduce non-performing loans to below 3 percent of the total outstanding loans by the end of 2015

The National Assembly has just passed the Resolution No. 86/2014/QH13 dated November 28, 2014 on further increasing the effectiveness of the economic restructuring in public investment, state enterprises and banking system, requires Ministries, industries and relevant units to arrange and restructure weak credit institutions, continue implementing measures to reduce...
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...

REFINANCING LOANS ON THE BASIS OF SPECIAL BONDS OF VAMC

The Circular No. 18/2015/TT-NHNN dated October 22, 2015 of the State Bank of Vietnam regulating on refinancing loans on the basis of special bonds of Asset Management Company for Vietnamese Credit Institutions (VAMC) with a view to supporting the operating capital of credit institutions in the process of handling...
Pilot procedures for online issuance of certificate of origin

Pilot procedures for online issuance of certificate of origin

On April 24, 2015, the Minister of Industry and Trade signed the Decision No. 4082/QD-BCT on pilot procedures for online issuance of Certificate of Origin. Accordingly, within 03 months from April 24, 2015, the pilot procedures for online issuance of Certificate of Origin are applicable to applications for the Certificate...
Recall discarded cell phone from july,2016

Recall discarded cell phone from july,2016

In accordance with the Decision No. 16/2015/QD-TTg dated May 22, 2015 of the Prime Minister on regulations on recall and treatment of discarded products, from July 01, 2016, accumulators of all types, batteries of all types, compact light; fluorescent light, desktop or laptop; computer monitor; CPU (micro processor), printer;...

Notify students parents or guardians of their childs health periodically

At the Joint Circular No. 13/2016/TTLT-BYT-BGDDT dated May 12, 2016 on regulations on healthcare activities in schools, notify students’ parents or guardians of their child’s health at least once an academic year or where necessary. Medical staff shall status by the graduation as the in the higher level. At the...

Policies on protection and development of coastal forests

On August 23, 2016, the Government issued the Decree No. 119/2016/ND-CP on policies on sustainable management, protection and development of coastal forests to cope with climate change. This Decree takes effect on October 10, 2016. Organizations, enterprises, households and individuals making investment in protection, development and use of coastal forests...