New regulations on bank transfer confirmation

On October 28, 2016, the Ministry of Finance issued the Circular No. 173/2016/TT-BTC on amending and supplementing the first paragraph of clause 3 Article 15 of Circular No. 219/2013/TT-BTC by the Ministry of Finance (amended by Circular No. 119/2014/TT-BTC, Circular No. 151/2014/TT-BTC and Circular No. 26/2015/TT-BTC by the Ministry...

General conditions for seagoing ship building

On July 01, 2016, the Government issued the Decree No. 111/2016/ND-CP prescribing business conditions for provision of seagoing ship building, conversion and repair services. In accordance with regulations, from July 01, 2016, a shipyard must have a technical division and a quality inspection division which are separate from each other...

RENT RATES OF COMMON TECHNICAL INFRASTRUCTURE FACILITIES

On December 30, 2013, the Joint-Ministries of Finance, Construction, Information and Communications issued the Joint Circular No. 210/2013/TTLT-BTC-BXD-BTTTT guiding the mechanism and principle of controlling and method of determining rent rates of common technical infrastructure facilities. Accordingly, Organizations and individuals shall display rent rates of common technical infrastructure facilities in...

Supporting time for preferred loans is a maximum of 15 years

In accordance with the Resolution No. 61/NQ-CP dated August 21, 2014 of the Government on amending, supplementing the Resolution No. 02/NQ-CP dated January 07, 2013 of the Government on promulgating solutions in removing difficulties for business and production, supporting market and handling bad debts[...]

Supervision of state enterprises in the observance of law

In order to assist state management agencies and owners in detecting weaknesses in business activities of state enterprises[...]
APPROVAL PROCEDURE FOR ACTIVITIES OF EXPORT, IMPORT OF FOREIGN CURRENCY IN CASH

Approval procedure for activities of export, import of foreign currency in cash

On December 26, 2013, the Vietnam State Bank issued the Circular No. 33/2013/TT-NHNN providing guidelines upon approval procedure for activities of export, import of foreign currency in cash of permitted banks. Under this Circular, commercial banks, branches of foreign banks permitted that have demand on export and import of foreign...

Conditions applied for kinds of contract prices

On December 11, 2013 the Government issued the Decree No. 207/2013/ND-CP amending and supplementing a number of Articles of the Decree No. 48/2010 dated May 07, 2010 of the Government on contracts in [...]

Time limit for price registration of each item shall not exceed 6 months

On November 14, 2013, the Government issued Decree No. 177/2013/ND-CP on detailing and guiding the implementation of a number of the Law on Price, regulating that during the time the State applies the measures of price registration for price stabilization for specific items under stabilization [...]

Foreign organization must have a written request on demand to use vietnamese laborers

On July 28, 2014, the Government issued the Decree No. 75/2014/ND-CP detailing the implementation of a number of articles of the Labor Code [...]

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...