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.[...]

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...

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...

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...

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...
Prohibiting the advertising of milk for under-24 month infants

Prohibiting the advertising of milk for under-24 month infants

This is one of the contents regulated under the Decree No. 100/2014/ND-CP of the Government on the trading in and use of nutritious products for infants, feeding bottles and teats, replacing the Decree No. 21/2006/ND-CP dated February 27, 2006. Specifically, the Government strictly prohibits the advertising of breast milk substitutes...

Guidance on allocating profit of Vietnam asset management company

On December 27, 2013, the Ministry of Finance promulgated Circular No. 209/2013/TT-BTC on guiding the financial regulations applicable to Vietnam Asset Management Company (VAMC) for credit institutions, which shall comply with legislations applicable to the one-member limited liability companies of which 100% of charter capital is owned by State, the Government’s Decree No. 53/2013/ND-CP dated May 18, 2013 and related legal documents[...]

WORKING TIME OF TEACHERS OF COLLEGE OR INTERMEDIATE LEVEL SHALL BE 44 WEEKS PER YEAR

Takes effect on July 01, 2017, the Circular No. 07/2017/TT-BLDTBXH dated March 10, 2017 of the Ministry of Labor, War Invalids and Social Affairs on working regime for vocational education teachers. Accordingly, Working time of teachers of college or intermediate level shall be 44 weeks per year according to 40-hour...

Credit institutions allows to have custody services, security cabinets and safes for lease

In accordance with the Circular No. 02/2016/TT-NHNN on provision of the custody services, security cabinets and safes for lease by credit institutions issued by the State Bank of Vietnam on February 26, 2016, Credit institutions allows to have custody services, security cabinets and safes for lease when such services...

Providing the maximum interest rate applicable to usd deposits

On March 17, 2014, the State Bank of Vietnam issued the Circular No. 06/2014/TT-NHNN providing for the maximum interest rate applicable to USD deposits of organizations, individuals at credit institutions[...]