Assessment of ship designs

In accordance with the Circular No. 40/2016/TT-BGTVT dated December 07, 2016 of the Ministry of Transport on registration of Vietnam sea-going ships, the ship design must comply with relevant national technical regulations on classification and construction of ships, tonnage measurement, ship safety equipment, lifting gear used on board, and...

Charter capital of deposit insurance of vietnam is VND 5 trillion

On November 24, 2016, the Ministry of Finance issued the Circular No. 312/2016/TT-BTC defining financial regulations with respect to deposit insurance of Vietnam, a financial institution that is operating in the form of a single-member limited liability company of which 100% charter capital is held by the State, having...

Notarization of economic contracts the maximum fee shall be VND 70 million/case

The Circular No. 257/2016/TT-BTC issued by the Ministry of Finance on November 11, 2016 on regulations on notarial and authentication service fees, fees for verification of eligibility for practicing as a notary, fees for verification of eligibility for operating private notary office, charges for processing of applications for notary...

The initial issuance fee for certificate of registration for accounting and auditing practice is VND 1,2 million

On November, 14, 2016, the Ministry of Finance issued the Circular No. 271/2016/TT-BTC on amounts, collection and payment of assessment fees for issuance of certificates of practice registration, certificates of eligibility for providing accounting and auditing services. In particular, assessment for issuance of certificate of eligibility for providing accounting and...

The maximum fee for appraisal of performance art programs is VND 5 million

On November 15, 2016, the Ministry of Finance issued the Circular No. 288/2016/TT-BTC on amounts, collection, payment, management and use of fees for appraisal of performance art programs; fees for appraisal of performances recorded on tapes, discs, software programs or other materials. At this Circular, the Ministry of Finance, the...

Charge of VND 01 million for issuance of licenses for setting up representative offices of foreign movie establishments

On November 15, 2016, the Ministry of Finance issued the Circular No. 289/2016/TT-BTC on amounts, collection, payment, management and use of fees and charges in the cinematography. In accordance with the Circular, the charge for issuance of licenses for setting up branches or representative offices of foreign movie establishments in...

Accelerate to downsize the payroll

Resolution No. 24/2016/QH14 on economic restructuring plan 2016 - 2020 was ratified on November 08, 2016 by the National Assembly. Accordingly, on the economic restructuring standpoints of developing growth models based on productivity, quality and competitiveness; improve quality of economic growth, develop growth models based on investment, export and domestic...

From july 01, 2017, increase base salary to vnd 1.3 million/month

This is one of tasks of Government at Resolution No. 27/2016/QH14 dated November 11, 2016 of the National Assembly on state budget estimates of 2016. In particular, the National Assembly requested the Government to direct the conduct and implementation of laws on tax and promptly provide guidance on the conversion...

From 2017, the Ministry of Industry and Trade shall in charge of management of milk price

This is an important content of Circular No. 233/2016/TT-BTC dated November 11, 2016 of the Ministry of Finance amending, supplementing a number of Articles of the Circular No. 56/2014/TT-BTC dated April 28, 2014 of the Minister of Finance guiding the Government’s Decree No. 177/2013/ND-CP of November 14, 2013, detailing...
Vetting of employment contract - your charges?

Digital certificates that are used in financial operations

This is the new content of Decree No. 156/2016/ND-CP dated November 21, 2016 of the Government on amending the Decree No. 27/2007/ND-CP dated February 23, 2007 of the Government on e-transactions in financial activities. In particular, digital certificates that are used in digital signatures in financial operations between organizations, individuals...