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...

Must pay from a half of land use levy upon re-sale of social houses for the state

This is the important content prescribed at the Circular No. 139/2016/TT-BTC dated September 16, 2016 of the Ministry of Finance guiding the exemption from land use levy or land rental, refund to or clearing against financial obligations of social housing investors, and method of determination of land use levy...

Banks must converse basic foreign exchange activities before November of 2017

On October 05, 2016, the State Bank of Vietnam issued the Circular No. 28/2016/TT-NHNN on amending and supplementing a number of articles of Circular No. 21/2014/TT-NHNN of August 14, 2014, of the Governor of the State Bank of Vietnam, guiding the scope of foreign exchange activities and the conditions,...

After March 01, 2018, close current account of household fail to complete the change of account forms

Takes effect on March 01, 2017, the Circular No. 32/2016/TT-NHNN dated December 26, 2016 of the State Bank on amending the Circular No. 23/2014/TT-NHNN dated August 19, 2014 of the State Bank of Vietnam guiding the opening and use of payment accounts at payment service suppliers, before March 01,...

License fees for organization engaging in business with the maximum level of VND 3 million

Takes effect on January 01,2017, the Circular No. 302/2016/TT-BTC dated November 15, 2016 of the Ministry of Finance guiding the license fees for the organizations and individuals engaging in business operation from VND 01 – 03 million/year. Within that the amounts of annual licensing fees for organizations engaging in business...

Decree on Guidelines for Law on Real Estate Trading of Vietnam 2015

This Decree deals with a number of Articles and Clauses of the Law on real estate trading and applies to organizations or individuals conducting or involved in real estate trading in Vietnam. This Decree comes into force from November 1, 2015 and replaces Decree No. 153/2007/ND-CP dated October 15, 2007...

Land Law of Vietnam 2013

Land Law of Vietnam 2013 prescribes the regime of land ownership, powers and responsibilities of the State in representing the entire-people owner of land and uniformly managing land, the regime of land management and use, the rights and obligations of land users involving land in the territory of the...

Law on Real Estate Business of Vietnam 2014

Law on Real Estate Business stipulates real estate trading, rights, obligations of organizations and individuals to conduct real estate trading and state management of real estate trading, applies to organizations and individuals conducting and involved in real estate trading in Vietnam. Law on Real Estate Business is passed by the...

Law on Housing of Vietnam 2014

Law on Housing of Vietnam 2014 stipulates ownership, development, management, use of housing; housing-related transactions; state management of housing in Vietnam and applies to organizations, households or individuals related to ownership, development, management, use; transactions in housing and state management of housing in Vietnam. Law on Housing of Vietnam 2014...

Conditions for sea transportation business

The Decree No. 160/2016/ND-CP approved by the Government on conditions for sea transportation business, shipping agency services, and towage services. In accordance with this Decree, requirements pertaining to enterprises engaging in international sea transportation business, the regarding organizational structure must have a department in charge of safety in accordance with...