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)...

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.[...]

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[...]

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...

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...

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...

The Over-quota import duty rates of un-manufactured tobacco and tobacco refuse of burley is 80%

On June 23, 2014, the Ministry of Finance issued the Circular No. 80/2014/TT-BTC amending and supplementing the Ministry of Finance’s Circular No. 111/2012/TT-BTC of July 4, 2012[...]

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...

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...
HIV PATIENTS

HIV patients may take a maximum loan of vnd 20 million with no collateral

On April 26, 2014, the Prime Minister signed the Decision No. 29/2014/QD-TTg on credit program for households, HIV patients, rehabilitated drug abusers, persons undergoing opium replacement therapy, and reformed prostitutes.