AGRICULTURE’S GDP PROPORTION OF 15%
The Prime Minister has just signed the Decision No. 1342/QD-TTg dated August 12, 2014 approving the plan of action to develop agricultural machinery industry in implementation of Vietnam’s industrialization strategy within the framework of Vietnam - Japan cooperation through 2020, with a vision toward 2030.
This Strategy shall be implemented...
International bidding for thermal power plant project with more than two bot investors
On July 13, 2015, the Ministry of Industry and Trade issued the Circular No. 23/2015/TT-BCT promulgating on orders, procedures of investment on the thermal power plant project in the form of Build – Operate – Transfer and takes effect on September 01, 2015.
In accordance with the regulations in this...
Only pay outstanding debts in capital construction arising before 2015
On June 18, 2014, the National Assembly passed the Law No. 49/2014/QH13 on Public Investment and decides to only pay outstanding debts in capital construction arising before January 01, 2015[...]
Guarantees for sale and hire-purchase of future-acquired houses
On June 25, 2015, the State Bank of Vietnam issued the Circular No. 07/2015/TT-NHNN stipulating the bank guarantee, within that guarantees for sale and hire-purchase of future-acquired houses is the most important contents.
In particular, when giving a bank guarantee to the owner of real estate projects developed for the...
Decree 12/2015/NĐ-CP of Government on 12/2/2015 detailing regulations to amend and supplement some articles of the law on tax and amending and supplementing some articles of the decree on taxes.
Decree amended and supplement a number of articles of Decree No. 218/2013 / ND-CP of December 26, 2013 detailing regulations and guiding the implementation of some articles of the Law on Enterprise Income Tax; Decree No. 209/2013 / ND-CP of December 18, 2013 detailing regulations and guiding the implementation...
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...
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[...]
New regulation for work permit in Vietnam.
Regarding the new regulation for work permit for foreigner working in Vietnam that takes effect fromNovember 1st 2013, SB Law would like to provide the information as follows[...]
Circuar 212/2014/TT-BTC of Ministry of Finance on 31/12/2014 relating to guidance on accounting regarding taxes and other revenues for export and import goods
This circular stipulates accounting vouchers, accounts, ledger, reports (financial reporting, management accounting reports) and work-related accounting and tax professional other revenues from exports, imports applied to the objects defined in Article 2 of the Circular.
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...
