Bank must agree with VDB before enterprises borrowing capital

On October 09, 2014, the State Bank of Vietnam issued the Circular No. 29/2014/TT-NHNN dated guiding commercial banks to coordinate with Vietnam Development Bank in the implementation of guarantee mechanism for small- and medium-sized enterprises borrowing capital as stipulated under the guarantee regulation promulgated together with the Decision No. 03/2011/QD-TTg dated January 10, 2011 of the Prime Minister.[...]
Bidding Law

Decree No. 63/2014/ND-CP Government on 26/06/2014 detailing a number of articles of the Bidding Law regarding contractor selection

According to Decree No. 63/2014 / ND-CP of the Government shall detail the implementation of a number of articles of the Law on Procurement of selecting contractors, contractor selection forms online be made to the package consulting services, non-consultant services, procurement, construction and mixed; with selected contractors form is...

Wonder about surrogacy in Vietnam

Question: We are a couple living in France and we wonder about surrogacy in Vietnam. I understand that 3 hospitals do this, I wonder about the price and how we can start applying? Answer: According to your enquiry about surrogacy in Vietnam, we consider that you should contact to medical examination and...

Applying special excise duty to beer products based on alcohol content

Based on viewpoints of developing beer – alcohol – beverage industry by balancing the production and consumption between regions nationwide in order to prevent overusing alcoholic beverages, the Minister of Industry and Trade signed the Decision No. 3690/QD-BCT dated September 12, 2016 of the Ministry of Industry and Trade...

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...

To reduce pit of individuals working in the IT industry by 50%

This is one of the most important solutions on tax incentives for developing and applying information technology in Vietnam issued with the Resolution No. 41/NQ-CP dated May 26, 2016 of the Government. In particular, beside the policy that personal income tax on salary-based and wage-based incomes of individuals working in...

TO ALLOW PILOT INTERNATIONAL SOCCER BETTING IN VIETNAM

Takes effect on March 31, 2017, the Decree No. 06/2017/ND-CP dated  January 24, 2017 of the Government on business of betting on horse racing, greyhound racing and international soccer, The Government allows 01 enterprise to pilot the business of betting on international soccer. The duration of pilot international soccer...

Conditions for sports business

On July 01, 2016, the Government issued the Decree No. 106/2016/ND-CP prescribing conditions for sports business. Accordingly, a sports business establishment must have sports physical foundations and equipment satisfying requirements of sports set by the Minister of Culture, Sports and Tourism; have financial sources ensuring the sports business. These financial...

An economic group or a corporation has at most 3 levels of enterprises

This is one of the contents prescribed at the Decree No. 69/2014/ND-CP dated July 15, 2014 of the Government on state economic groups and state corporations.[...]

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)...