Cases making non-cash payments
On December 31, 2013, the Government issued the Decree No. 222/2013/ND-CP of the Government providing for cash payment; of which, one of the most significant points is regulation on cases making non-cash payments[...]
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...
Determining the presiding agency of a specific international investment dispute
On January 06, 2014, the State Bank of Vietnam issued the Circular No. 01/2014/TT-NHNN prescribing the delivery and receipt, preservation and transportation of cash, precious assets and valuable papers[...]
Quota on energy consumption of the steel industry
On September 20, 2016, the Ministry of Industry and Trade issued the Circular No. 20/2016/TT-BCT on the quota on energy consumption of the steel industry.
In accordance with the regulations at this Circular, to the end of 2020, The quota on energy consumption of the steel industry is 14,000 MJ/ton...
The charge for acquisition of citizenship is USD 250 per person
The Ministry of Finance issued the Circular No. 264/2016/TT-BTC dated November 14, 2016 on providing for diplomatic service fees and charges collected by overseas representative missions of Vietnam, and the collection, transfer and management thereof.
Accordingly, the charges of acquisition of citizenships is USD 250/person; of resumption of citizenship is...
Supplement guarantee insurance as the non-life insurance
On July 09, 2014, the Government issued the Decree No. 68/2014/ND-CP amending, supplementing a number of articles of the Decree No. 45/2007/ND-Cp dated March 27, 2007 of the Government detailing the implementation of a number of articles of the Insurance Business Law[...]
Bidding documents for procurement of herbal ingredients and traditional ingredients at heath facilities www.luatvietnam.vn
On August 10, 2016, the Ministry of Health issued the Circular No. 31/2016/TT-BYT dated August 10, 2016 of the Ministry of Health guiding the Bidding Documents for procurement of herbal ingredients and traditional ingredients at heath facilities, including Bidding Documents for procurement of herbal ingredients applicable to open tender...
The initial issuance fee for certificate of registration for accounting and auditing practice is VND 1,2 million
On November, 14, 2016, the Ministry of Finance issued the Circular No. 271/2016/TT-BTC on amounts, collection and payment of assessment fees for issuance of certificates of practice registration, certificates of eligibility for providing accounting and auditing services.
In particular, assessment for issuance of certificate of eligibility for providing accounting and...
Bank must agree with VDB before enterprises borrowing capital
On October 09, 2014, the State Bank of Vietnam issued the Circular No. 29/2014/TT-NHNN dated guiding commercial banks to coordinate with Vietnam Development Bank in the implementation of guarantee mechanism for small- and medium-sized enterprises borrowing capital as stipulated under the guarantee regulation promulgated together with the Decision No. 03/2011/QD-TTg dated January 10, 2011 of the Prime Minister.[...]
Fees for processing of applications for the license to use industrial explosives is VND 5 million
Any organizations applying for the license to use industrial explosives granted by competent state authorities must pay the fees for processing of applications for the license to use industrial explosives must pay between VND 2 million – VND 5 million depending on different purpose.
The fee for processing of application...
