Banks must converse basic foreign exchange activities before November of 2017
On October 05, 2016, the State Bank of Vietnam issued the Circular No. 28/2016/TT-NHNN on amending and supplementing a number of articles of Circular No. 21/2014/TT-NHNN of August 14, 2014, of the Governor of the State Bank of Vietnam, guiding the scope of foreign exchange activities and the conditions,...
The initial issuance fee for certificate of registration for accounting and auditing practice is VND 1,2 million
On November, 14, 2016, the Ministry of Finance issued the Circular No. 271/2016/TT-BTC on amounts, collection and payment of assessment fees for issuance of certificates of practice registration, certificates of eligibility for providing accounting and auditing services.
In particular, assessment for issuance of certificate of eligibility for providing accounting and...
INCREASE THE DEPOSIT IN THE AUCTION TO 20%
Takes effect on July 01, 2017, the Law on property auction No. 01/2016/QH14 of the National Assembly prescribing that bidders must deposit 5% - 20% reserve price of the auctioned property instead of 1%-5% as in previous regulations.
Also from July 01, 2017, lawyers, public notaries, bailiff, property management officers...
Assignment of given sea areas to organizations and individuals for marine resource exploitation
On May 21, 2014, the Government issued the Decree No. 51/2014/ND-CP providing the assignment of given sea areas to organizations and individuals for marine resource exploitation and use with the maximum duration is 30 years[...]
Recall discarded cell phone from july,2016
In accordance with the Decision No. 16/2015/QD-TTg dated May 22, 2015 of the Prime Minister on regulations on recall and treatment of discarded products, from July 01, 2016, accumulators of all types, batteries of all types, compact light; fluorescent light, desktop or laptop; computer monitor; CPU (micro processor), printer;...
PUBLIC INSPECTOR’S INFORMATION ON THE WEBSITE OF THE MINISTRY OF CONSTRUCTION
In accordance with the Circular No. 04/2017/TT-BXD dated March 30, 2017 of the Ministry of Construction on occupational safety management in the execution of construction works, the information including the full name; the identification number of the inspector; and ID card number; the list of machines, equipment and materials...
Reducing electricity selling price from june 01,2014
The Minister of Industry and Trade issued the Decision No. 4887/QD-BCT dated May 30, 2014 dated May 30, 2014 of the Ministry of Industry and Trade on electricity selling price.[...]
Law on amending and supplementing some articles of the Law on Enterprise Income Tax
The Law No. 32/2013/QH13 dated June 19, 2013 of the National Assembly on amending and supplementing some articles of the Law on Enterprise Income Tax[.....]
60 days is the time limit for storage in Vietnam of goods temporarily imported for re – export
On July 07, 2014, the Ministry of Finance issued the Circular No. 94/2014/TT-BTC prescribing customs procedures, inspection and supervision of a number of types of goods temporarily imported for re-export, transferred from border gate to border gate and consigned to bonded warehouses, and handling of cases of refusal to receive goods.[...]
Incentives of 5% in selection of investors in ppp projects
On March 17, 2015, the Government issued the Decree No. 30/2015/ND-CP dated March 17, 2015 of the Government guiding the implementation of a number of Articles on investor selection of the Law on Bidding, within that, the important contents mention on incentives in selection of investors in PPP...
