Printing counterfeit invoices shall be imposed a fine of vnd 50 mil
In accordance with the regulations at the Circular No. 10/2014/TT-BTC guiding the administrative violations sanction on invoices, from March 02, 2013, organizations shall be imposed a fine of between 2,000,000 and 50,000,000 VND on acts of self-printing counterfeit invoices
The Vietnam Enterprise Law 2005
This Law provides for the establishment, management organization and operation of limited liability companies, joint-stock companies, partnerships and private enterprises (hereinafter referred collectively to as enterprises) of all economic sectors; and groups of companies. [...]
Deposit interest rate and payment of deposit interest rate for outsourcers
On December 11, 2014, the State Bank of Vietnam issued the Circular No. 40/2014/TT-NHNN guiding the payment and management of outsourcer’s deposits.
In accordance with regulations prescribed in this Circular, when an outsourcer wishes to pay a deposit into its account at a bank, the depositary bank and the outsourcer...
15 kinds of permissible antibiotics in livestock feeds
The List of permissible antibiotics as growth stimulants in livestock and poultry feeds in Vietnam and contents thereof was issued according to Ministry of Agriculture and Rural development’s Circular No. 06/2016/TT-BNNPTNT dated May 31, 2016 and takes effect on July 15, 2016.
According to this List, there are 15 kinds...
Law on Bidding of Vietnam 2013
Law on Bidding of Vietnam 2013 was issued by the National Assembly of Socialist Republic of Vietnam on 26/11/2013 and has been effective from 01/07/2014[.....]
VALIDITY DURATION OF INTERNATIONAL DRIVING PERMITS IS 3 YEARS
The Ministry of Transport issued the Circular No. 29/2015/TT-BGTVT dated July 06, 2015 providing the issuance and use of international driving permits for Vietnamese and foreigners having permanence residence cards granted by Vietnam, who have obtained Vietnam’s domestic driving permits which are made of polyethylene terephthalate (PET) and remain...
Cases in occupational disease investigation
On Jun 30, 2016, the Ministry of Health issued the Circular No. 28/2016/TT-BYT dated June 30, 2016 of the Ministry of Health on management of occupational diseases.
Accordingly, first occupational disease investigation shall be carried out in the cases that the investigation is requested by a worker who has not...
Prohibit selling a drug at a price higher than its declared or posted price
From January 01, 2017, to prohibit to sell a drug at a price higher than its declared or posted price; Manufacturing, preparing or selling traditional drugs combined with pharmaceutical ingredients without permission of a competent state management agency, providing information, advertising, marketing, making prescriptions for, providing consultations on, labeling...
GOODS TEMPORARILY IMPORTED FOR SALE AT DUTY FREE SHOPS ARE EXEMPT FROM IMPORT DUTY AND VAT
The Government issued Decree No. 167/2016/ND-CP on December 27, 2016 on duty free business, prescribed that persons on exit or in transit, passengers onboard international flights from Vietnam or persons awaiting exit may purchase duty-free goods without limits in quantity and value but shall take responsibility for procedures and...
issue only one auto payment for one account at one bank
In accordance with the Circular No. 39/2014/TT-NHNN dated December 11, 2014 of the State Bank of Vietnam guiding on payment intermediary service, Providers of auto payment are not allowed to issue only one time for auto payment for one account at one bank from March 01, 2015.
Also in accordance...