EMPLOYEE POLICIES IN THE CONTEXT OF TRANSFORMATION OF PUBLIC SERVICE ESTABLISHMENTS

On October 25, 2016, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 35/2016/TT-BLDTBXH providing guidance on implementation of employee policies in the context of transformation of public service establishments into Joint-Stock Companies under the Prime Minister’s Decision No. 22/2015/QD-TTg dated June 22, 2015. Employees that...

Import conditions of automobiles and motorcycles for repatriated overseas Vietnamese citizens

On February 12, 2014, the Ministry of Finance issued the Circular No. 20/2014/TT-BTC prescribing the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are permitted to register permanent residence in Vietnam[...]

Exempt licensing fees for households having annual revenues of less than vnd 100 million

The individuals, groups of individual and households that have their trade/production activities with annual revenues of less than VND 100 million shall be exempted from licensing fees is the important content prescribed at the Decree No. 139/2016/ND-CP dated October 04, 2016 of the Government on licensing fees. Beside the individuals,...

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[...]
Legal Updates

FUND MANAGEMENT COMPANIES BE PROHIBITED FROM USING RAISED CAPITAL FOR FINANCIAL INVESTMENT

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...

TIME LIMIT OF AN AUDIT DOES NOT EXCEED 60 DAYS

Audit process issued by the State Audit Office of Vietnam on December 23, 2016 is attached with the Decision No. 08/2016/QD-KTNN, prescribing that the audit process comprises 4 steps such as Preparation; Performance; Making and sending audit reports; Oversight of performance of audit conclusions and audit requests. In accordance with...

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...

PRICE FOR SOLAR ELECTRIC IS 2,086 VND/KWH

This is the most important content in Decision No. 11/2017/QD-TTg dated April 11, 2017 of the Prime Minister on mechanism for encouragement of development of solar power in Vietnam (Solar power project is a project to generate electric power by using solar panel to convert energy from the sun...
Pilot procedures for online issuance of certificate of origin

Pilot procedures for online issuance of certificate of origin

On April 24, 2015, the Minister of Industry and Trade signed the Decision No. 4082/QD-BCT on pilot procedures for online issuance of Certificate of Origin. Accordingly, within 03 months from April 24, 2015, the pilot procedures for online issuance of Certificate of Origin are applicable to applications for the Certificate...

CHANGING CONDITIONS ON DOCTORAL ENROLMENT AND TRAINING

This is one of the important content prescribed at the Regulations on Doctoral Enrolment and Training issued on April 04, 2017 at the Circular No. 08/2017/TT-BGDDT. In particular, from May 18, 2017, in order to be eligible for enrolling in doctoral degree programs, a doctoral student must meet the following...