Fees for issuance of the license for establishment of a bank is VND 140 million/license

This is the important content prescribed at the Circular No. 150/2016/TT-BTC dated October 14, 2016, providing for fees for issuance of license for establishment and operation of credit institutions; license for establishment of foreign banks’ branches, representative offices of foreign credit institutions or other foreign organizations having banking activities;...

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...
Incentives for water conservation activities

Incentives for water conservation activities

On June 08, 2015, the Government issued the Decree No. 54/2015/ND-CP providing incentives for water conservation activities, accordingly, water conservation means the application of measures and technologies to recirculate or reuse water, collect rainwater and turn brackish water and saline water into freshwater for use, or to reduce the...
To supplement 14 technologies banned from transfer

To supplement 14 technologies banned from transfer

On December 17, 2014, the Government issued the Decree No. 120/2014/ND-CP on Amending and supplementing a number of articles of the Government’s Decree No. 133/2008/ND-CP of December 31, 2008, detailing and guiding the implementation of a number of articles of the Law on Technology Transfer, decides to supplement 14...
Banking

May borrow loans from commercial banks not exceeding 70% of the total investment

In accordance with the Decree No. 67/2014/ND-CP dated July 07, 2014 of the Government on a number of fisheries development policies, from August 25, owners of fishing ships or fishery logistics ships conducting fisheries activities with efficiency[...]

Business households employ more than 10 regular employees have a fine to vnd 5 million

    This  is  one of  the important content sprescribed at the Decree No. 50/2, 2016 of the Government  on   penalties   for   administrative  violations against  regulations  on  planning  and  investment,  takes effect on July 15, 2016. In particular, from July 15, 2016, business households employ more than 10 regular...

STANDARD CONSTRUCTION CONSULTING COSTS

On February 15, 2017, the Ministry of Construction issued the Decision No. 79/QD-BXD on standard project management and construction consulting costs. The most important content is the standard construction consulting costs; the construction consulting costs are used for determination of costs of consulting works in the total investment and construction...
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...

Hydro-meteorological forecast and warning is the conditional business investment sectors and trades

From July 01, 2016, to supplement the hydro-meteorological forecast and warning to the conditional business investment sectors and trades is the important content prescribed at the Law No. 90/2015/QH13 on Hydro-meteorology, passed by the National Assembly on November 23, 2015. Also in accordance with this Law, hydro-meteorological forecast and warning...
Not required to be implement the inspection conclusions pending instructions

Not required to be implement the inspection conclusions pending instructions

On March 27, 2014, the Government issued the Decree No. 33/2015/ND-CP prescribing the implementation of inspection conclusions, within that, the inspection conclusions shall be strictly abided by inspected subjects and related agencies, organizations and individuals, the implementation of inspection conclusions shall be supervised, urged and examined by competent state...