banks allowed purchasing debts having the bad debt ratio under 3%
From September 01, 2015, credit institutions, foreign banks’ branches shall be only permitted for debt purchase when being approved on the establishment and operation license of credit institutions, establishment license of foreign bank’s branches (hereinafter referred to as the License) by the State Bank and having the bad debt...
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...
06 forms for social enterprise registration
On May 17, 2016, the Ministry of Planning and Investment issued the Circular No. 04/2016/TT-BKHDT on the forms for social enterprise registration under the Government’s Decree No. 96/2015/ND-CP detailing a number of articles of the Law on Enterprises
06 forms used in social enterprise registration includes Statement of commitments to...
The electricity retail tariff is from 0-50 kWh is 92% of the average price
On April 07, 2014, the Prime Minister signed the Decision No. 28/2014/QD-TTg on structure of electricity retail tariff.
In particular, this Decision regulates that the electricity retail price for domestic purposes include 6 levels, from 0 – 50 kWh is 92%; from 51 – 100 kWh is 95% [...]
Invalidating redgulations on importation of used machinery equipment
On August 29, 2014, the Minister of Science and Technology signed the Decision No. 2279/QĐ-BKHCN on invalidating Circular No.20/2014/TT-BKHCN on importation of used machinery, equipment and technological line.[...]
Hydro-meteorological forecast and warning is the conditional business investment sectors and trades
From July 01, 2016, to supplement the hydro-meteorological forecast and warning to the conditional business investment sectors and trades is the important content prescribed at the Law No. 90/2015/QH13 on Hydro-meteorology, passed by the National Assembly on November 23, 2015.
Also in accordance with this Law, hydro-meteorological forecast and warning...
Charge for licensing of the export of workers in overseas term employment 5 million/time
According to Circular No. 259/2016/TT-BTC dated November 11, 2016 of the Ministry of Finance on the rate, collection, submission, administration and use of the fee for verification of documents and the charge for licensing of the export of Vietnamese workers on contract basis, charge for new licensing of the...
Handling violations for imported automobiles used for more than five years
This is one of the new contents regulated under the Circular No. 55/2014/TT-BGTVT dated October 20, 2014 [...]
Support 20% of interest rate of loan for a coach station expansion project in the form of socialization
On April 16, 2015, the Prime Minister signed the Decision No. 12/2015/QD-TTg to attract investment in and operation of coach station in the form of socialization, based on each locality’s resources, a coach station investment, upgrading or expansion project in the form of socialization will be eligible for a...
INVESTORS IN THE AUCTION TO BUY SHARES IN BLOCKS ARE NOT REQUIRED TO HOLD A PUBLIC PROCUREMENT
Taking effect on the signing date, the Decision No. 41/2015/QD-TTg issued by the Government on September 15, 2015 on selling shares in blocks deals with withdrawal of state capital of unlisted public companies from joint-stock companies that have not been listed or registered on Upcom (Hanoi Stock Exchange), the...
