Subjects under foreign currency loans policy in 2014
On December 6, 2013 the State Bank of Viet Nam issued Circular No. 29/2013/TT-NHNN, stipulating on provision of foreign currency loans of the credit institutions and foreign banks’s branches with customers being residents. [...]
Time for granting a telecommunications service provision license is 15 days
This is the content of the Decree No. 81/2016/ND-CP dated July 01, 2016 of the Government amending and supplementing a number of articles of the Government’s Decree No. 25/2011/ND-CP dated April 06, 2011, detailing and guiding the implementation of a number of articles of the Law on Telecommunications.
In particular,...
Manufacture over 50,000 priority automobiles/year will be entitled to incentive corporate income tax
This is the content of Decision No. 229/QD-TTg dated February 04, 2016 of the Prime Minister on the mechanism and policies for implementation of the strategy and plan for development of Vietnam automobile industry.
In particular, enterprises that invest, manufacture over 50,000 priority automobiles per year, or manufacture engine parts,...
Free on time-limited visa entry for citizens of 5 european countries
On June 18, 2015, the Government issued the Resolution No. 46/Q-CP dated June 18, 2015 of on time-limited visa-free entry for citizens of The Kingdom of England, The French Republic, The Federal Republic of Germany, The Kingdom of Spain and The Italian Republic.
In accordance with regulations in this Resolution,...
Import of used ships for dismantlement must have at least vnd 50 billion
According to the Decree No. 114/2014/ND-CP dated November 26, 2014 of the Government on subjects eligible and conditions for licensed import and dismantlement of used ships, a used ship imported for dismantlement shall be brought to a ship dismantlement establishment within 30 days after customs formalities are completed and...
Support 20% of interest rate of loan for a coach station expansion project in the form of socialization
On April 16, 2015, the Prime Minister signed the Decision No. 12/2015/QD-TTg to attract investment in and operation of coach station in the form of socialization, based on each locality’s resources, a coach station investment, upgrading or expansion project in the form of socialization will be eligible for a...
A PREGNANT EMPLOYEE MAY UNILATERALLY TERMINATE
If a pregnant employee has a confirmation given by a competent medical facility that the continuation of working will impact negatively the embryo, she may unilaterally terminate or suspend the labor contract is the important contents prescribed at the Decree No. 85/2015/ND-CP dated October 01, 2015 of the Government...
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...
IDENTIFICATION OF FOREIGN WORKERS INTERNALLY REASSIGNED BY ENTERPRISES
On December 28, 2017, the Ministry of Industry and Trade issued the Circular No. 35/2016/TT-BCT on identification of foreign workers who are eligible for work permit exemption and internally reassigned by enterprises operating within eleven service sectors specified in Vietnam’s WTO commitments on services.
Accordingly, Grounds for identification of foreign...
To ban some HS codes of asbestos
On September 09, 2016, the Ministry of Construction issued the Circular No. 25/2016/TT-BXD promulgating the list and HS codes of asbestos in amphibole group banned from import.
In accordance with the Circular, The list and HS codes of asbestos in amphibole group banned from import includes Crocidolite:
Crocidolite (blue asbestos): fibrous,...
