Applying special excise duty to beer products based on alcohol content
Based on viewpoints of developing beer – alcohol – beverage industry by balancing the production and consumption between regions nationwide in order to prevent overusing alcoholic beverages, the Minister of Industry and Trade signed the Decision No. 3690/QD-BCT dated September 12, 2016 of the Ministry of Industry and Trade...
To free export tax for Vietnamese green label
On August 09, 2016, the Ministry of Finance issued the Circular No. 128/2016/TT-BTC on export duty exemption and reduction for environment-friendly products; and products from waste recycling and treatment activities prescribed in the Government’s Decree No. 19/2015/ND-CP of February 14, 2015, detailing a number of articles of the Law...
Fine of vnd 100,000 million for failing to pay the charge of forest environmental service
This is one of the important content of the Decree No. 40/2015/ND-CP dated April 27, 2015 of the Government amending and supplementing a number of articles of the Decree No. 157/2013/ND-CP dated November 11, 2013 of the Government on penalties for administration violations on regulations of forest management, development,...
TO ALLOW PILOT INTERNATIONAL SOCCER BETTING IN VIETNAM
Takes effect on March 31, 2017, the Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on business of betting on horse racing, greyhound racing and international soccer, The Government allows 01 enterprise to pilot the business of betting on international soccer. The duration of pilot international soccer...
Labor Contract in Vietnam
The labor contract should include the following particulars[...]
New provision on land rental exemption and reduction
The Government issued Decree No. 135/2016/ND-CP dated September 09, 2015 amending and supplementing a number of articles on collection of land rental and water surface rental, within that prescribed land rental exemption or reduction is not applied in the case of auction on land lease rights.
Similarly, land use levy...
MAINTENANCE, REPAIRS OF ELECTRICITY TRANSMISSION SYSTEM
The Ministry of Industry and Trade issued the Circular No. 25/2016/TT-BCT dated November 30, 2016 on regulations on electricity transmission system, the electricity system and market operator shall be responsible for formulating plans for maintenance and repair of the electricity transmission system including plans for maintenance and repair of...
Learn Universal Life Insurance Policies
In accordance with the Circular No. 52/2016/TT-BTC of the Ministry of Finance dated March 21, 2016 guiding the provision of universal life insurance products, an insurer must satisfy the following conditions such as its solvency margin is at least VND 100 billion larger than the minimum solvency margin; having...
SUPPLEMENT THE SUBJECTS NOT SUBJECTED TO VALUE-ADDED TAX DECLARATION AND ASSESSMENT
On November 24, 2015, the Ministry of Finance issued the Circular No. 193/2015/TT-BTC dated November 24, 2015 of the Ministry of Finance amending and supplementing the Circular No. 219/2013/TT-BTC dated December 31, 2013 of the Ministry of Finance guiding the implementation of the Law on Value-Added Tax and the...
Printing counterfeit invoices shall be imposed a fine of vnd 50 mil
In accordance with the regulations at the Circular No. 10/2014/TT-BTC guiding the administrative violations sanction on invoices, from March 02, 2013, organizations shall be imposed a fine of between 2,000,000 and 50,000,000 VND on acts of self-printing counterfeit invoices
