Extra-small enterprises shall not bound to appoint the chief accountant
The Ministry of Finance issues the Circular No. 132/2018/TT-BTC on providing guidance on accounting regimes of extra-small enterprises.
Accounting regimes have some particular points as follow:
- For the design of the structure: Extra-small enterprises shall be charged with performing accounting duties without being bound to appoint the chief accountant;
- Extra-small...
Pricing measurement of rooftop solar power projects
The Prime Minister promulgates the Decision No. 02/2019/QD-TTg on amendments and supplements to certain articles of the Prime Minister’s Decision No. 11/2017/QD-TTg dated April 11, 2017 on mechanism for encouragement of development of solar power in Vietnam on January 08, 2019.
For rooftop solar power projects:
- Rooftop solar power projects...
The Vietnam Competition Law 2004
Pursuant to the 1992 Constitution of the Socialist Republic of Vietnam, which was amended and supplemented under Resolution No. 51/2001/QH10 of December 25, 2001 of the 10th National Assembly, the 10th session; [...]
A license for hydro-meteorological forecast and warning activities is valid for 5 years at most
In accordance with the Decree No. 38/2016/ND-CP dated May 15, 2016 of the Government detailing a number of articles of the Law on Hydro-meteorology, a license for hydro-meteorological forecast and warning activities is valid for 5 years at most and extend at least 30 days before the license expires...
Land Law of Viet Nam 2013
This Vietnam Land Law 2013 prescribes the regime of land ownership, powers and responsibilities of the State in representing the entire-people owner of land and uniformly managing land[....]
Management of the balance of international payments of VIETNAM
In accordance with the Decree No. 16/2014/ND-CP dated March 03, 2014 of the Government On management of the balance of international payments of Vietnam, the Ministries of Planning and Investment; Finance; Industry and Trade[...]
The level of advance payment must not exceed 50% of the contract value
In accordance with the Decree No. 37/2015/ND-CP dated April 22, 2015 of the Government prescribing in detail construction contracts, within that, the level of advance payment must not exceed 50% of the contract value.
In special cases, this level shall be permitted by the competent investment decider, or by the...
To adjust monthly salary, income after payment of social insurance contributions
On December 26, 2018, the Ministry of Labor, War Invalids and Social Affairs issues the Circular No. 35/2018/TT-BLDTBXH on prescribing indexation rate of monthly salary and income after payment of social insurance contributions.
Accordingly, from January 01, 2019, monthly salary after payment of social insurance contributions of employees who are...
Support Policy for employees affected by Covid-19
Dear Valued Client,
On September 24th, 2021, the Government issued Resolution 116/NQ-CP on the support policy for employees and employers affected by the Covid-19 pandemic from the Unemployment Insurance Fund.
Accordingly, support in cash shall be made to those as follows:
- Employee who already participated in Unemployment Insurance on September 30th, 2021;
(Excluding employees working in...
Bidding packages for consul Tancy services may select online contractors
In accordance with the Decree No. 63/2014/ND-CP issued by the Government on June 26, 2014 detailing a number of articles of the Bidding Law regarding contractor selection[...]
