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...
Import conditions of automobiles and motorcycles for repatriated overseas Vietnamese citizens
On February 12, 2014, the Ministry of Finance issued the Circular No. 20/2014/TT-BTC prescribing the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are permitted to register permanent residence in Vietnam[...]
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[...]
Subjects under polices of extension for agricutural land use duaration
On October 15, 2013, the Government issued Decree No. 126/ND-CP on guiding the implementation of national assembly’s resolution No. 49/2013/QH13 of June 21, 2013, on extension of the duaration of land use for cultivation of annual drops, aquaculture or salt making of households and individuals.
Accordingly, in case land use...
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...
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...
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,...
A restaurant area of below 200m2 not subject to registration of environmental protection plans
On February 14, 2015, the Government issued the Decree No. 18/2015/ND-CP prescribing environmental protection master plan, strategic environmental assessment, environmental impact assessment and environmental protection plan.
Within that, the most important contents on registration of environmental protection plans, from April 01, 2015, Investment projects on construction, or expansion of...
Guidelines on late payment interest for tax debts
On August 12, 2016, the Ministry of Finance promulgated the Circular No. 130/2016/TT-BTC guiding the Government Decree No. 100/2016/ND-CP on the implementation of the Law on amendments to certain articles of the Law on value added tax, the Law on special excise tax and the Law on tax administration...
Second-hand cars over 5 years old are not allowed to be imported
On November 20, 2013, the Government issued Decree No. 187/2013/ND-CP on detailing implementation of the Commercial Law regarding to international purchases and sales of goods, agencies’ activities for purchases, sales and processing and abroad goods transit. Remarkably, Decree regulates the allowance to import second hand car under 5 years...
