Principles in which a treaty is concluded
On April 09, 2016, the National Assembly passed the Law No. 108/2016/QH13 on treaties, emphasizes that conclusion and operation of treaties must compliance with the Constitution of Socialist Republic of Vietnam; respect for and observance of national independence, sovereignty, integrity, prohibition of the use or threat of force, non-interference...
Increase special excise tax by 5% for alcohol and beer from 2016
On November 26, 2014, the 13th National Assembly on November 26, 2014 during the 8th session pass the Law No. 70/2014/QH13 on amending a number of articles of the Law on Special Excise Duty and deciding to increase special excise tax by 5% for some goods and commodities from...
Management and utilization of the software for aggregation of data on land transport infrastructure asset inventory
On October 25, 2016, the Ministry of Finance issued the Circular No. 158/2016/TT-BTC on the management and utilization of the software for aggregation of data on land transport infrastructure asset inventory.
Accordingly, The data on land transport infrastructure assets in the software is subject to pre-input verification and validation by...
From january 07. increase the import tax for petroleum to 35%
The Ministry of Finance issued the Circular 03/2015/TT-BTC dated January 6, 2015 of the Ministry of Finance amending the preferential import tax rate for some petroleum commodities in the Heading 27.10 in the Preferential Import Tariff, decided to increase the preferential import tax of leaded motor spirit or unleaded...
The ministry of transport shall regulate the air carriage service prices
According to the Law No. 61/2014/QH13 Amending and Supplementing a Number of Articles of the Vietnam Civil Aviation Law passed by the National Assembly on November 21, 2014, beside the administration service for departure and arrival flights; air navigation assurance assistance service, the State shall regulates the specific prices...
Publishing the information on construction capabilities of organizations and individuals
On August 25, 2014, the Ministry of Construction issued the Circular No. 11/2014/TT-BXD publishing the information on construction capabilities of organizations and individuals in construction.[...]
Time for granting a telecommunications service provision license is 15 days
This is the content of the Decree No. 81/2016/ND-CP dated July 01, 2016 of the Government amending and supplementing a number of articles of the Government’s Decree No. 25/2011/ND-CP dated April 06, 2011, detailing and guiding the implementation of a number of articles of the Law on Telecommunications.
In particular,...
Re-declaration when changing more than 3% by-automobile transportation fare/freight rates
From December 01, 2014, enterprises, cooperatives and business households engaged in by-automobile transportation business or provision of road transportation support services in the Vietnamese territory, re-declaration of fare/freight rates shall be made by units that increase or reduce their fare/freight rates by more than 3% compared to previously declared...
Employees may file petitions for initiation of bankrupttcy procedures when enterprises fall to pay salaries within 3 months
On June 19, 2014, the National Assembly passed the Law No. 51/2014/QH13 on Bankruptcy with a number of new and important contents.[...]
Audits of projects financed by the governments on-lending of foreign borrowed funds
Takes effect on July 20, 2016, the Circular No. 79/2016/TT- BTC dated June 06, 2016 of the Ministry of Finance guiding the implementation of the financial audits of programs or projects financed by the Government’s on-lending of foreign borrowed funds on Auditing of eligibility to qualify for on-lent funds;...
