To 2020, Vietnam basically become an industrial country

With the objects to build and develop the supporting industry to ensure the implementation of target by 2020 to make Vietnam basically become an industrial country having products of supporting industry with high competitiveness[...]
increase the import tax for petroleum

From january 07. increase the import tax for petroleum to 35%

The Ministry of Finance issued the Circular 03/2015/TT-BTC dated January 6, 2015 of the Ministry of Finance amending the preferential import tax rate for some petroleum commodities in the Heading 27.10 in the Preferential Import Tariff, decided to increase the preferential import tax of leaded motor spirit or unleaded...

navigation signs and symbols must install within 30 days

On June 30, 2016, the Ministry of Transport issues the 15/2016/TT-BGTVT dated June 30, 2016 of the Ministry of Transport on inland waterway management, providing that within 30 days from the date of completion of the, the investor or construction contractor shall install navigation signs and symbols under regulation...
Temporary import of animal feeds for re-expor is exempted from quality inspection

Temporary import of animal feeds for re-expor is exempted from quality inspection

December 24, 2014, the Ministry of Agriculture and Rural Development issued the Circular No. 50/2014/TT-BNNPTNT amending and supplementing a number of articles of the Circular No. 66/2011/TT-BNNPTNT dated October 10, 2011 of the Ministry of Agriculture and Rural Development detailing a number of articles of Decree No.08/2010/ND-CP dated 05/02/2010...

THE MAXIMUM STATE INVESTMENT LOAN FOR A PROJECT IS 70%

Takes effect on May 15, 2017, the Decree No. 32/2017/ND-CP dated March 31, 2017 of the Government on state investment credit, prescribing that the maximum state investment loan for a project is 70% of the total investment capital of such project (excluding liquid capital). Also in accordance with this Decree,...

Employees may file petitions for initiation of bankrupttcy procedures when enterprises fall to pay salaries within 3 months

On June 19, 2014, the National Assembly passed the Law No. 51/2014/QH13 on Bankruptcy with a number of new and important contents.[...]

Principles of managing and using fees and charges

On August 23, 2016, the Government promulgates the Decree No. 120/2016/ND-CP on detailing and guiding the implementation of a number of Articles of the Law on Fees and Charges. Under this Decree, fees from public services provided by state agencies shall be paid to state budget, except for cases...

BY 2017, PROCEDURE FOR PROPERTY REGISTRATION SHALL BE FINISHED WITHIN 20 DAYS

This is one of targets that the Government had set at Resolution No.  19-2017/NQ-CP dated February 06, 2017 on main duties and measures for improving business environment and enhancing national competitiveness in 2017 and orientation towards 2020. With the aim by the end of 2017, starting a business of our...
legal updates 001

FUNCTIONAL FOODS MUST HAVE THE SEPARATE AREA IN THE PHARMACY

On November 24, 2014, the Ministry of Health issued the Circular No. 43/2014/TT-BYT on prescribing the functional foods management including supplemented foods, health protection foods, medical foods and foods used for special dietary uses; not apply to nutritional formula for children. At this Circular, the Ministry of Health requires...

Petrol and oil temporarily imported for re-export may be retained in Vietnam within maxium 180 days

On October 9, 2013, the Ministry of Finance promulgated Circular No. 139/2013/TT-BTC, on customs procedures for petrol and oil exported[...]