CONDITIONS FOR FACTORING ACTIVITY
On May 17, 2017, the State Bank of Vietnam issued the Circular No. 02/2017/TT-NHNN stipulating on factoring activity of credit institutions, foreign banks’ branches.
The Circular prescribing that for customers being residents, factoring unit shall consider and decide on factoring when customers being legal status that has legal personality of...
Not yet handovered the house, the owner must pay 70% charges
On November 25, 2014, the National Assembly officially approved the Housing Law No. 65/2014/QH13, replacing the Housing Law No. 56/2005/QH11 with many new contents.
For owners of commercial housing projects, within 50 days from the date of handover of houses to purchasers or from the time when lessees make full...
ENTITLEMENTS FOR ORGANIZATIONS AND INDIVIDUALS INVOLVED IN ANIMAL HEALTH ACTIVITIES UNDER STATE’S REQUIREMENTS
If persons who carry out animal health activities at the request of competent state agencies contract diseases, get injured or die, they shall be considered for enjoying entitlements and policies as war invalids and fallen heroes in accordance with the law on preferential treatment of persons with meritorious services...
Providing for salary payment to managers in state companies
On June 13, 2016, the Decree No. 52/2016/ND-CP issued by the Government providing for salary, remuneration and bonus payment to managers of single-member limited liability companies of which charter capital is wholly owned by the State.
Accordingly, for economic corporation, the pay factors of full-time President of the Board of...
To 2025, every household shall be given support to develop production
In order to maintain, develop and enhance the position of the sparse ethnic minorities; lessen and eradicate poverty, ameliorate sustainably the material and spiritual life of the compatriots in order to narrow the growth gap with other local ethnic groups, Decrease the annual ratio of poor households to 7%...
Law on Bidding of Vietnam 2013
Law on Bidding of Vietnam 2013 was issued by the National Assembly of Socialist Republic of Vietnam on 26/11/2013 and has been effective from 01/07/2014[.....]
From 2016, issue the citizen’s identity cards instead of identity card
The National Assembly has just passed the Law No. 59/2014/QH13 dated November 20, 2014 decided to issued the citizen’s identity cards for Vietnamese citizens aged full 14 years or older from January 01, 2016.
Citizen’s identity card is a personal paper of a Vietnamese citizen which proves citizen identification of the...
Fire and explosion in surance business must pay for fire prevention and fighting activities
In accordance with the Joint Circular No. 214/2013/TTLT-BTC-BCA dated December 31, 2013 of the Ministry of Finance and the Ministry of Public Security detailing the implementation of some articles of the Decree No. 130/2006/ND-CP dated November 08, 2006 of the Government providing for the compulsory fire and explosion insurance regime[...]
Conditions for land allocation, land lease for implementing investment projects
In accordance with the Decree No. 43/2014/ND-CP detailing a number of articles of the Land Law issued by the Government on May 15, 2014[...]
Exempt import tax within 05 years for raw materials or components
Circular No. 83/2016/TT-BTC issued by the Ministry of Finance on June 17, 2016 guiding the implementation of the investment incentive programs under the provisions of the Law on Investment and the Decree No. 118/2015/ND- CP dated November 12, 2015 specifying and guiding the implementation of several articles of the ...
