Regulations on project appraisal and approval and design and estimate of works construction

On June 30, 3016, the Ministry of Construction issued the Circular No. 18/2016/TT-BXD detailing and guiding some contents on project appraisal and approval and design and estimate of works construction. In accordance with this Circular, project submission and appraisal, design and estimate of works construction in accordance with authority to...

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...

To supplement export tax rate of 5% for the charcoal

On May 20, 2016, the Ministry of Finance issued the Circular No. 73/2016/TT- BTC dated May 20, 2016 of the Ministry of Finance on amending export tax rates on sawdust briquettes in the Heading No. 44.02 in schedule of coal export tariff issued together with the Circular No.182/2015/TT-BTC dated...

Management and use of seals

The Decree No. 99/2016/ND-CP on management and use of seals is issued by the Government on July 01, 2016, provides  for  the  management and  use  of  seal  of  state bodies, people’s armed forces and bodies of the organizational system of Communist Party of Vietnam, Vietnam Fatherland Front, social –...

Conditions for manufacture of cosmetic products

On July 01, 2016, the Government issued the Decree No. 93/2016/ND-CP providing for conditions for manufacture of cosmetic products, within that, the manufacture of cosmetic products    must  have  a  cosmetic  manufacturer must  be established under the law; and have obtained a Certificate of eligibility for cosmetic manufacturing. A cosmetic manufacturer...

Food business facilities owners shall obtain certificate of food safety

Food business facilities owners or salespersons shall obtain the certificate of food safety and satisfy health requirements is the requirements for investment in food business facilities stipulated in  Decree No.66/201/ND-CP dated July 01, 2016 of the Government on regulations on requirements for investment in protection and quarantine of flora,...

Requirements of judicial expertise in construction

On July 01, 2016, the Government issued Decree No.62/2016/ND-CP on regulations on requirements of judicial expertise in construction and construction experiments, applies to organizations, individuals at home and abroad involved in construction activities in the territory of Vietnam. According to this Decree, construction judicial experts shall not only meet all...

Safe investment ratio of proprietary trader that is commercial banks is 7%

This content is regulated in Circular No. 10/2016/TT-NHNN dated June 29, 2016 of the State Bank of Vietnam guiding a certain contents of the Decree No. 135/2015/ND-CP dated December 31, 2015 of the Government on  prescribing offshore indirect investment. According to this Circular, the safe investment ratio of a proprietary...

Foreign exchange agents aren’t allowed to exchange foreign currency for other foreign currencies

As in former regulations, foreign exchange agents are not allowed to  exchange foreign currency cash for Vietnam dong, then in accordance with this Circular, foreign exchange agents are not allowed to exchange foreign currency cash for other foreign currencies either. Now, these agents are only allowed to exchange Vietnam...

Enterprises running debt purchase and sale service must have at least VND 100 billion of charter capital

According to Decree No. 69/2016/ND-CP dated July 01, 2016 of the Government on requirements for running debt trading service, the minimum charter capital or investment capital of providers of debt trading brokerage service and debt trading consultancy service is VND 5 billion; with enterprises running debt purchase and sale...