VAMC MUST REPORT BAD DEBTS BEFORE 02 OF MARCH BEFORE THE FINANCIAL YEAR
Takes effect on February 15, 2017, the Circular No. 33/2016/TT-NHNN dated December 27, 2016 of the State Bank of Vietnam on ratios of revenues of asset management company of Vietnamese credit institutions to bad debts bought with special bonds.
At the Circular, the State Bank of Vietnam prescribes not later...
Bac Ninh: The unemployment rate in urban areas will drop to 2.5% by 2020
On October 9, 2013, the Prime Minister issued Decision No. 1831/QD-TTg, approving the master plan on socio-economic development of Bac Ninh province through 2020, with orientations toward 2030[...]
Impose a fine of vnd 5 million for import of pesticides banned from use
This is the content prescribed at the Decree No. 31/2016/ND-CP of the Government on penalties for administrative violations against regulations on plant varieties, plant protection and quarantine.
Accordingly, from June 25, 2016, importing formulated pesticides which are in the list of pesticides permitted for use in Vietnam from a manufacturer...
TO APPLY 0% APPLIES TO RICE AND DRIED TOBACCO OF CAMBODIAN ORIGIN
On December 05, 2016, the Ministry of Industry and Trade issued the Circular No. 28/2016/TT-BCT providing for importation according to tariff quota of 2016 and 2017 with special preferential import duty rate of 0% applicable to goods of Cambodian origin.
In particular, in 2017, The import tariff quota with the...
FEES FOR CITIZEN IDENTIFICATION CARD IS VND 50.000/CARD
In accordance with the Circular No. 170/2015/TT-BTC dated November 09, 2015 of the Ministry of Finance providing on collection rate, collection regime and management of fees for citizen identification card, citizens being 14 years old or over process the procedures of granting the citizen identification card for the first...
Enterprises running debt purchase and sale service must have at least VND 100 billion of charter capital
According to Decree No. 69/2016/ND-CP dated July 01, 2016 of the Government on requirements for running debt trading service, the minimum charter capital or investment capital of providers of debt trading brokerage service and debt trading consultancy service is VND 5 billion; with enterprises running debt purchase and sale...
Prohibiting the advertising of milk for under-24 month infants
This is one of the contents regulated under the Decree No. 100/2014/ND-CP of the Government on the trading in and use of nutritious products for infants, feeding bottles and teats, replacing the Decree No. 21/2006/ND-CP dated February 27, 2006.
Specifically, the Government strictly prohibits the advertising of breast milk substitutes...
imported trees must be monitored from 6 to 12 months
On October 30, 2014, the Ministry of Agriculture and Rural Development issued the Circular No. 33/2014/TT-BNNPTNT providing the order and procedures for plant quarantine upon import, export and transit and post-import quarantine of articles subject to plant quarantine. This Circular applies to Vietnamese and foreign organizations and individuals engaged...
Deactivate the tin of the business entity of non-operation at registered address
In accordance with the Circular No. 95/2016/TT-BTC dated June 28, 2016 of the Ministry of Finance on guidelines for tax registration, the taxpayer shall be imposed sanctions for TIN usage as prescribed by relevant law provisions. After one year from the date on which the tax authority issued a...
Adjusting salaries and monthly incomes for which the social insurance premiums
The Circular No. 58/2015/TT-BLDTBXH issued by the Ministry of Labor, War Invalids and Social Affairs on December 29, 2015 guiding the adjustment rate of salaries and monthly incomes for which the social insurance premiums have been paid.
In accordance with this Circular, the monthly salaries for which social insurance premiums...
