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...

To public the environmental protection charge on mineral exploitation submitted before march 31

In accordance with the Circular No. 66/2016/TT-BTC dated April 29, 2014 of the Ministry of Finance guiding the implementation of the Government’s Decree No. 12/2016/ND-CP of February 19, 2016, on environmental protection charge on mineral exploitation, No later than March 31 annually, environmental protection charge collecting agencies shall make...

REGULATIONS ON NON-STOP ELECTRONIC TOLL COLLECTION

Decision No.  07/2017/QD-TTg on non-stop electronic toll collection issued by the Prime Minister on March 27, 2017 of the Prime Minister; takes effect on May 15, 2017. This Decision points out that a vehicle subject to tolls shall be affixed to with a tag in conformity with standards for passive...

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...

Ordinary duties on imports applied for many products

On September 01, 2016, the Prime Minister issued the Decision No. 36/2016/QD-TTg dated September 01, 2016 of the Prime Minister on application of ordinary import duties according to Point c Clause 3 Article 5 of the Law on Export and import duties. Accordingly, ordinary import duty of 5% shall be...

General conditions for seagoing ship building

On July 01, 2016, the Government issued the Decree No. 111/2016/ND-CP prescribing business conditions for provision of seagoing ship building, conversion and repair services. In accordance with regulations, from July 01, 2016, a shipyard must have a technical division and a quality inspection division which are separate from each other...

TEACHERS OF COLLEGE LEVEL MUST HAVE TEACHING TIME AT LEAST FROM 01 YEAR

In accordance with the Circular No. 08/2017/TT-BLDTBXH dated March 10, 2017 of the Ministry of Labor, War Invalids and Social Affairs on standards in qualifications of vocational education teachers; teachers of college level  must have at least 12-month teaching experience; obtain at least a certificate of vocational pedagogy at...

PREFERENTIAL POLICIES APPLICABLE TO INDIVIDUALS ENGAGING IN EMERGENCY EVENTS AND SAR

In accordance with the Decree No. 33/2017/ND-CP dated April 03, 2017 of the Government on penalties for administrative violations against regulations on water and mineral resources; the fines for discharging wastewater into water bodies without licenses are between VND 20 – 250 million. In particular, a fine ranging from VND...

CITIZENS HAVE THE RIGHT TO MONITOR INVESTMENT PROJECTS

On December 30, 2015, the Government issued the Decree No. 84/2015/ND-CP on investment supervision and evaluation; within that, Citizens have the right to monitor investment projects through community investment monitoring boards. In particular, a community investment monitoring board may request competent state management agencies to provide information on socio-economic development...

Fees for processing of applications for the license to use industrial explosives is VND 5 million

Any organizations applying for the license to use industrial explosives granted by competent state authorities must pay the fees for processing of applications for the license to use industrial explosives must pay between VND 2 million – VND 5 million depending on different purpose. The fee for processing of application...