EXPORT PROCESSING ENTERPRISES MAY SELL THEIR LIQUIDATED ASSETS AND GOODS IN THE INLAND MARKET

Takes effect on December 25, 2015, the Decree No. 114/2015/ND-CP dated November 09, 2015 Amending and supplementing Article 21 of the Government’s Decree No. 29/2008/ND-CP of March 14, 2008, on industrial parks, export processing zones and economic zones, export processing enterprises may sell their liquidated assets and goods in...

Principles to deal with 100% State-owned charter capital

On December 9, 2013, the Government promulgated Decree No. 206/2013/ND-CP on management of debts of enterprises with 100% State-owned charter capital[...]

GUIDING THE DEPRECIATION OF ASSETS BEING HOUSES USED FOR DOING BUSINESS AND SALE

On April 12, 2017, the Ministry of Finance issued Circular No. 28/2017/TT-BTC amending and supplementing a number of articles of the Circular No. 45/2013/TT-BTC dated April 25, 2013 and the Circular No. 147/2016/TT-BTC dated October 13, 2016 guiding the management, use and depreciation of fixed assets. According to this Circular,...

On energy consumption norms in beer and beverage production industry

Takes effect on November 01, 2016, the Circular No. 19/2016/TT-BCT dated September 14, 2016 of the Ministry of Industry and Trade on energy consumption norms in beer and beverage production industry in the period to the end of 2020 and the period from 2021 to the end of 2025. Particularly,...
Labor Code of Vietnam 2012

Labor Code of Vietnam 2012

The Labor Code No. 10/2012/QH13 dated June 18, 2012 of the National Assembly specifies the labor standards; the rights, obligations and responsibilities of the employees[....]

Supports for career change for victims of occupatonal accident

According to Decree No. 37/2016/ND-CP dated May 15, 2016 of the Government detailing and guiding the implementation   of   certain   articles   of   the   Law   on occupational safety and health with regard to compulsory insurance for occupational accidents and occupational diseases, employee shall receive tuition support for attending training courses for change...

Principles of opening pre-investment accounts of offshore investment activities

On June 29, 2016, the State Bank of Vietnam issued the Circular 12/2016/TT-NHNN guiding the foreign exchange management of offshore investment activities and takes effect August 13, 2016. In accordance with the regulations of this Decree, after being granted an offshore investment registration certificate, an investor shall open 1 (one)...

Operation conditions for flnancial company

On May 07, 2014, the Government issued the Decree No. 39/2014/ND-CP on operation of financial company and financial leasing company[...]

FREE TAX FOR PURCHASE, SALE AND EXCHANGE OF GOODS BY BORDER INHABITANTS

The subjects are entitled to exemption from import duty and other taxes (if any) for purchased, sold or exchanged goods valued at no more than VND 2,000,000 (two million)/person/day/time, for 4 times at most a month, for goods on the Ministry of Industry and Trade-promulgated list of goods allowed...
Late salary payment for 15 days or more shall be paid interest

Late salary payment for 15 days or more shall be paid interest

Under the Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number of the Labor Code’s contents, an employee enjoying monthly salary shall be paid on monthly or semi-monthly basis. In case natural disaster, conflagration or other force majeure events take place, and employers...