authorised representative

Authorized representatives must possessing at least three years of experience

On February 14, 2014, the Ministry of Finance issued the Circular No. 21/2014/TT-BTC promulgating the Regulation on activities of authorized representatives for state capital invested in enterprises[...]

Principles to deal with 100% State-owned charter capital

On December 9, 2013, the Government promulgated Decree No. 206/2013/ND-CP on management of debts of enterprises with 100% State-owned charter capital[...]

Operation conditions for flnancial company

On May 07, 2014, the Government issued the Decree No. 39/2014/ND-CP on operation of financial company and financial leasing company[...]

Female workers is prohibited to install high-voltage electric pylons

On October 18, 2013, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 26/2013/TT-BLDTBXH promulgating the list of jobs in which the employment of female workers is prohibited[...]

From 2018, to execute certain building information models (BIM) pilot projects

The Building Information Models (BIM) for facility building and operating management activities approved by the Prime Minister on December 22, 2016 at the Decision No. 2500/QD-TTg. Accordingly, .with the objectives that through application of BIM, strive to achieve the objective of saving at least 30% of convertible general expenses for...

GUIDING THE DEPRECIATION OF ASSETS BEING HOUSES USED FOR DOING BUSINESS AND SALE

On April 12, 2017, the Ministry of Finance issued Circular No. 28/2017/TT-BTC amending and supplementing a number of articles of the Circular No. 45/2013/TT-BTC dated April 25, 2013 and the Circular No. 147/2016/TT-BTC dated October 13, 2016 guiding the management, use and depreciation of fixed assets. According to this Circular,...
Late salary payment for 15 days or more shall be paid interest

Late salary payment for 15 days or more shall be paid interest

Under the Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number of the Labor Code’s contents, an employee enjoying monthly salary shall be paid on monthly or semi-monthly basis. In case natural disaster, conflagration or other force majeure events take place, and employers...
consult-law

Foreign investor parties in business cooperation contracts in VietNam must open direct investment capital accounts

In accordance with the Circular No. 19/2014/TT-NHNN issued by the State Bank of Vietnam on August 11, 2014 guiding the foreign exchange management of foreign direct investment in 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...
export tax

Increase the export tax rates applicable to gold jewelry, goldsmiths’ wares by 2% from may 07, 2015

On March 23, 2015, the Ministry of Finance issued the Circular No. 36/2015/TT-BTC dated March 23, 2015 amending the export tax rates applicable to gold jewelry, goldsmiths’ wares and other golden articles in subheadings 71.13, 71.14, 71.15 of export tax schedule. Accordingly, from May 07, 2015, the export tax rates...