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.[...]
THE NATIONAL TECHNICAL REGULATION ON FROZEN TRA FISH FILLETS
On March 21, 2017, the Ministry of Agriculture and Rural Development issued Circular No. 07/2017/TT-BNNPTNT introducing the national technical regulation on “fishery product - frozen Tra fish fillets”.
Within that, frozen Tra fish fillet refers to the boneless flesh which has been cut from a Tra fish body by cutting...
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...
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,...
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.[...]
Disposal of security assets must be Informed at least before 7 days
On June 06, 2014, the Joint-ministries of Justice, Natural resources and Environment, the State Bank of Vietnam issued the Joint Circular No. 16/2014/TTLT-BTP-BTNMT-NHNN guiding a number of matters on disposal of security assets.[...]
Conditions for sea transportation business
The Decree No. 160/2016/ND-CP approved by the Government on conditions for sea transportation business, shipping agency services, and towage services.
In accordance with this Decree, requirements pertaining to enterprises engaging in international sea transportation business, the regarding organizational structure must have a department in charge of safety in accordance with...
the warranty period for construction works is not be shorter than 12 months
On May 12, 2015, the Government issued the Decree No. 46/2015/ND-CP on quality management and maintenance of construction works and takes effect on July 01, 2015, prescribed that construction contractors and equipment supply contractors shall take responsibility before project owners for providing warranty for the jobs they have carried...
FUND MANAGEMENT COMPANIES BE PROHIBITED FROM USING RAISED CAPITAL FOR FINANCIAL INVESTMENT
This is one of the contents prescribed at the Circular No. 146/2014/TT-BTC dated October 06, 2014 of the Ministry of Finance guiding the financial regime for securities companies and fund management companies, branches of foreign fund management companies licensed to be established and operate in Vietnam.
Accordingly, securities companies and...
Regulations in adjusting increase of charter capital level
On December 31, 2013, the Ministry of Finance issued the Circular No. 220/2013/TT-BTC guiding the implementation of the Decree No. 71/2013/ND-CP of July 11, 2013, on investment of state capital in enterprises and financial management of enterprises of which 100% charter capital is held by the State[...]
