CARGO TRANSPORTATION OF OVER 100 TONS ON INLAND WATERWAYS MUST BE APPROVED

The Ministry of Transport has just issued the Circular No. 61/2015/TT-BGTVT dated November 02, 2015 on regulations on cargo transportation on inland waterways, Organizations or individuals should submit 01 (one) set of application for approval for the cargo with actual inseparable size over 10 m, 40 m or 4.5...

Management and use of seals

The Decree No. 99/2016/ND-CP on management and use of seals is issued by the Government on July 01, 2016, provides  for  the  management and  use  of  seal  of  state bodies, people’s armed forces and bodies of the organizational system of Communist Party of Vietnam, Vietnam Fatherland Front, social –...

Providing for salary payment to managers in state companies

On June 13, 2016, the Decree No. 52/2016/ND-CP issued by the Government providing for salary, remuneration and bonus payment to managers of single-member limited liability companies of which charter capital is wholly owned by the State. Accordingly, for economic corporation, the pay factors of full-time President of  the  Board of...

Reducing electricity selling price from june 01,2014

The Minister of Industry and Trade issued the Decision No. 4887/QD-BCT dated May 30, 2014 dated May 30, 2014 of the Ministry of Industry and Trade on electricity selling price.[...]
Legal consultant service regarding marriage registration with foreign elements

Legal consultant service regarding marriage registration with foreign elements

Client has intention to engage a legal consultant on advising and implementing the marriage registration with foreign elements in accordance with current Vietnam’s Laws. In which the parties in marriage need to satisfy the following general conditions: +         The man has reached the age of twenty or over, the woman...

Principles of managing and using fees and charges

On August 23, 2016, the Government promulgates the Decree No. 120/2016/ND-CP on detailing and guiding the implementation of a number of Articles of the Law on Fees and Charges. Under this Decree, fees from public services provided by state agencies shall be paid to state budget, except for cases...
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...

VALIDITY DURATION OF INTERNATIONAL DRIVING PERMITS IS 3 YEARS

The Ministry of Transport issued the Circular No. 29/2015/TT-BGTVT dated July 06, 2015 providing the issuance and use of international driving permits for Vietnamese and foreigners having permanence residence cards granted by Vietnam, who have obtained Vietnam’s domestic driving permits which are made of polyethylene terephthalate (PET) and remain...
Guidance for preparing financial statements

Guidance for preparing interim financial statements

On May 18, 2015, the Ministry of Finance issued the Circular No. 75/2015/TT-BTC amending the Article 128 of the Circular No. 200/2014/TT-BTC dated December 22, 2014 guiding the accounting policies for enterprises. In accordance with this Circular’s regulation, every enterprise which is required to prepare interim financial statements (quarterly...

Credit institutions freeze debts to refinanced people engaged in shrimp and catfish rearing

On September 16, 2014, the State Bank of Vietnam issued the Circular No. 26/2014/TT-NHNN regulating on refinancing for credit institutions in Vietnam dong according to the Decision No. 540/QD-TTg dated April 16, 2014 of the Prime Minister on the credit policy vis-à-vis shrimp and catfish rearing.[...]