non-application of import tariff-rate quotas for unmanufactured tobacco originated from asean
This is the important content prescribed at the Circular No. 07/2015/TT-BCT dated May 12, 2015 of the Ministry of Industry and Trade prescribed the non-application of import tariff-rate quotas for un-manufactured tobacco originated from ASEAN.
At this Circular, the Ministry of Industry and Trade emphasizes not to apply import tariff-rate...
From july 2015, dealing in real estate must have a legal capital of vnd 20 billion
According to the Law on Real Estate Business No. 66/2014/QH13 approved by the National Assembly on November 25, 2014, replacing the Law on Real Estate Business No. 63/2006/QH11, from July 01, 2015, organizations and individuals dealing in real estate are required to establish enterprises or cooperatives (below referred to...
THE CARRIER MAY SELL CARGO IF THERE IS NO CONSIGNEE AT AUCTION
In accordance with the Decree No. 169/2016/ND-CP dated December 27, 2016 of the Government on handling of cargo retained by carriers at Vietnamese seaports. Within 60 days from the day on which the vessel arrives at the port for delivery, if there is no consignee or the consignee fails...
Foreigners allowed to brought drive caravans into vietnam
On June 16, 2015, the Government issued the Decree No. 57/2015/ND-CP amending a number of articles of the Decree No. 152/2013/ND-CP of November 4, 2013, on management of motor vehicles brought into Vietnam by foreign tourists.
Firstly, the Decree has supplement the left-hand drive caravans to the objectives allowed to...
Principles in determination of the unit labor cost
The Circular No. 05/2016/TT-BXD dated March 10, 2016 of the Ministry of Construction providing guidance on determination of the unit labor cost in the construction cost management, applicable to agencies, organizations and individuals related to the management of the construction cost of investment and construction projects using state budget funds...
BANKS MUST MAINTAIN THE MINIMUM CAPITAL ADEQUACY RATIO OF 8%
Takes effect on January 01, 2020, the Circular No. 41/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam prescribing prudential ratios for operations of banks and/or foreign bank branches.
One of the most important content is that banks without subsidiary companies and/or foreign bank branches must maintain the...
Cancel purchasing expenditures that the estimation has not been approved yet
On August 13, 2014, the Prime Minister issued the Directive No. 25/CT-TTg on superintending to perform financial tasks – Budget 2014, actively cut down on or put off the implementation of payment tasks for purchasing equipment, cars… that are out of date but still be usable[...]
To annul the planning licensing procedure for land-using investment projects
Not to require investors to carry out the planning licensing procedure; contents of the planning license must be shown right in the result of settlement of the procedure of approving the investment policy is the task that the Government emphasized at the Resolution No. 43/NQ-CP dated June 06, 2014[...]
Land Law of Vietnam 2013
Land Law of Vietnam 2013 prescribes the regime of land ownership, powers and responsibilities of the State in representing the entire-people owner of land and uniformly managing land, the regime of land management and use, the rights and obligations of land users involving land in the territory of the...
License charge for production or trading of chemicals is vnd 200.000
In accordance with the Circular No. 85/2015/TT-BTC dated June 03, 2015 of the Ministry of Finance providing for rates, collection, payment, management and use of charges and fees in chemical business any organization/individual applying for a license or a certificate relating to chemical business; any organization/individual applying for approval...
