Legal news

On December 8, 2014, the Ministry of Industry and Trade issued the Circular No. 10/2015/TT-BTC Detailing the implementation of the Prime Minister’s Decision No. 54/2014/QD-TTg of September 19, 2014, on import duty exemption for components imported to produce or assemble medical equipment prioritized for research and manufacture. Domestically unavailable components...

On June 08, 2015, the Government issued the Decree No. 54/2015/ND-CP providing incentives for water conservation activities, accordingly, water conservation means the application of measures and technologies to recirculate or reuse water, collect rainwater and turn brackish water and saline water into freshwater for use, or to reduce the...

Luggage allowances of persons on entry such as liquor and alcoholic beverages, tobacco, personal belongings with the total value is VND 10,000,000 (ten million) at most shall be exempted from import duty is the important content prescribed at the Decision No. 31/2015/QD-TTg dated August 04, 2015 of the Prime...

On September 09, 2016, the Ministry of Construction issued the Circular No. 25/2016/TT-BXD promulgating the list and HS codes of asbestos in amphibole group banned from import. In accordance with the Circular, The list and HS codes of asbestos in amphibole group banned from import includes Crocidolite: Crocidolite (blue asbestos): fibrous,...

This is one of remarkable point in Decision No. 01/2014/ND-CP dated January 3, 2014 of the Government on foreign investors’ share purchase from Vietnamese credit institutions Accordingly, shareholding percentage of a foreign individual shall not exceed 5% of charter capital of a Vietnamese credit institution and shareholding percentage of a...

In accordance with the Circular No. 12/2015/TT-BNNPTNT dated March 16, 2015, providing guidance on food safety inspection of goods originating from imported plants. Hand goods for personal consumption of eligibility for import tax exemption; goods in diplomatic bags and consular bags; transited goods; goods sent in bonded warehouses; goods...

On July 13, 2015, the Ministry of Industry and Trade issued the Circular No. 23/2015/TT-BCT promulgating on orders, procedures of investment on the thermal power plant project in the form of Build – Operate – Transfer and takes effect on September 01, 2015. In accordance with the regulations in this...

This  is  an  important  content  specified  at  Decree  No.21/2016/ND-CP dated March 31, 2016 of the Government on specialized inspection by social insurance agencies of contribution to social insurance, unemployment insurance and health insurance. To conduct specialized inspection of contribution to social insurance, unemployment insurance and health insurance, inspector must have...

Food business facilities owners or salespersons shall obtain the certificate of food safety and satisfy health requirements is the requirements for investment in food business facilities stipulated in  Decree No.66/201/ND-CP dated July 01, 2016 of the Government on regulations on requirements for investment in protection and quarantine of flora,...

This is one of the contents prescribed at the Circular No. 146/2014/TT-BTC dated October 06, 2014 of the Ministry of Finance guiding the financial regime for securities companies and fund management companies, branches of foreign fund management companies licensed to be established and operate in Vietnam. Accordingly, securities companies and...