EMPLOYERS MUST CONTRIBUTE 0.5% OF THE SALARY FUND TO THE OCCUPATION ACCIDENT AND DISEASE INSURANCE FUND

Takes effect on June 01, 2017, the Decree No. 44/2017/ND-CP dated April 14, 2017 of the Government on the rate of contribution to the occupational accident and disease insurance fund. In accordance with regulations in this Decree, employers shall monthly contribute to the occupation accident and disease insurance fund with...
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EXEMPTING THE IMPORT TAX FOR 5 YEARS FOR MEDICAL EQUIPMENTS

This is the content prescribed at the Decision No. 54/2014/QD-TTg dated September 19, 2014 of the Prime Minister on import duty exemption for components imported to produce or assemble medical equipment prioritized for research and manufacture. In particular, the Prime Minister agrees to exempt from import tax for components imported...

REFINANCING LOANS ON THE BASIS OF SPECIAL BONDS OF VAMC

The Circular No. 18/2015/TT-NHNN dated October 22, 2015 of the State Bank of Vietnam regulating on refinancing loans on the basis of special bonds of Asset Management Company for Vietnamese Credit Institutions (VAMC) with a view to supporting the operating capital of credit institutions in the process of handling...

Must pay from a half of land use levy upon re-sale of social houses for the state

This is the important content prescribed at the Circular No. 139/2016/TT-BTC dated September 16, 2016 of the Ministry of Finance guiding the exemption from land use levy or land rental, refund to or clearing against financial obligations of social housing investors, and method of determination of land use levy...
36 wastes permitted for import from overseas for use as production materials

36 wastes permitted for import from overseas for use as production materials

On December 19, 2014, the Prime Minister signed the Decision No. 73/2014/QD-TTg providing the list of wastes permitted for import from overseas for use as production materials. The List includes 36 wastes permitted for import from overseas for use as production materials. Within that gypsum; granulated slag (slag sand) from...

The provision of e-customs declaration information

The statute on provision and use of e-customs declaration information was promulgated on August 19, 2016 at Decision No. 33/2016/QD-TTg by the Prime Minister. According to the statute, e-customs declaration information will be sent to information users from the customs information portal within 1 minute as of the receipt of...
Import of steel scraps must deposit from 10% - 20%

Import of steel scraps must deposit from 10% – 20%

In order to ensure that scrap importers take responsibility for handling environmental risks and pollution which may arise from the imported scrap lots, in the Decree No. 38/2015/ND-CP dated April 24, 2015 on the management of wastes and scraps, the Government requires scrap importers to pay deposits at Vietnam...

To invest over VND 13.000 billion for solid waste management planning

In order to enhance solid waste management, prevent and reduce generated solid waste; prioritize to apply solid waste technologies such as recycle and reuse, minimize landfill method…on October 14, 2016, the Prime Minister signed the Decision No. 1979/QD-TTg on approving the solid waste management planning in Northern key economic...

To fine to vnd 100 million if non-public offering of stocks failing to apply for securities

This is one of the important contents prescribed at the Decree No. 145/2016/ND-CP dated November 01, 2016 of the Government on amending the Government’s Decree No. 108/2013/ND-CP dated September 23, 2013 on penalties for administrative violations against regulations on securities and securities market. In particular, from December 15, 2016, any...

Any advertisement giving incorrect information or confusing the customers shall be fined up to VND 140 million

In accordance with the Decree No. 71/2014/ND-CP dated July 21, 2014 of the Government detailing the Law on Competition on imposition of violation penalties against the Law on Competition.[...]