Fee for verification of conditions for a commercial arbitration center establishment 3 million/time
On November 10, 2016, the Ministry of Finance issued Circular No. 222/2016/TT-BTC on the rate, collection, submission, administration and use of the fees for verification of criteria and conditions for the practice of commercial arbitration.
Accordingly, fee for verification of criteria and conditions for the establishment of a commercial arbitration...
Guarantees for sale and hire-purchase of future-acquired houses
On June 25, 2015, the State Bank of Vietnam issued the Circular No. 07/2015/TT-NHNN stipulating the bank guarantee, within that guarantees for sale and hire-purchase of future-acquired houses is the most important contents.
In particular, when giving a bank guarantee to the owner of real estate projects developed for the...
Criteria for deflning buffer zones of special-use forests and protection belt
On March 26, 2014, the Ministry of Agriculture and Rural Development issued the Circular No. 10/2014/TT-BNNPTNT on criteria for defining buffer zones of special-use forests and protection belt of marine protected areas[...]
Price of 1 set of bidding document shall not exceed vnd 2 million
According to Circular No. 58/2016/TT-BTC dated March 29, 2016 of the Ministry of Finance detailed regulations on use of State funding for making purchases for the purpose of maintaining regular operations of State agencies, units affiliated to people's armed force, public service providers, political organizations, socio-political organizations, social- political-professional...
CONDITIONS FOR SEAFARER’S TRAINING FACILITIES AND SEAFARER’S RECRUITMENT
On March 20, 2017, the Government issued the Decree No. 29/2017/ND-CP dated March 20, 2017 of the Government on conditions for seafarer's training facilities and seafarer’s recruitment and placement service providers.
Within that, the most important regulations is the conditions for seafarer’s training facilities. In particular, training facilities and equipment...
The minimum amount of capital required for an airline is vnd 300 billion
This is the content prescribed at the Decree No. 92/2016/ND-CP dated July 1, 2016 of the Government providing for conditional business sectors or activities in the civil aviation industry and takes effect on July 01, 2016.
In particular, the minimum amount of capital required for establishment and maintenance of an...
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...
LIFE INSURANCE MUST REGISTER THE CONTRACT FORMS
This requirement is prescribed in the Decision No. 35/2015/QD-TTg dated August 20, 2015 of the Prime Minister on amending a number of articles of the Decision No. 02/2012/QD-TTg on promulgation of essential goods and services for which contract forms and general transaction conditions must be registered.
In particular, beside life...
Combat the encroachment upon land around water sources protection corridors
In accordance with the Decree No. 43/2015/ND-CP dated May 06, 2015 of the Government providing the establishment and management of water source protection corridors, a water source protection corridor shall be established to protect the bank stability and prevent and combat the encroachment upon land around water sources; prevent...
LIMITATION ON CROSS-OWNERSHIP AMONG COMPANIES
On October 02, 2015, the Ministry of Finance issued the Circular No. 152/2015/TT-BTC guiding the severance tax, and the taxable items are metallic minerals; non-metallic minerals; products of natural forests; natural aquatic organisms, including marine animals and plants; natural water; natural bird’s nests other than those collected from construction...
