International bidding

International bidding for thermal power plant project with more than two bot investors

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...
transactions registration

Piloting e-transactions registration for online social insurance

The Prime Minister signed the Decision No. 08/2015/QD-TTg dated March 09,2015 on piloting e-transactions in implementation of procedures for participating in social, health and unemployment insurance and requesting the grant of social insurance books and health insurance cards. In accordance with the Decision, an employer conducting e-transactions in the field...

To free export tax for Vietnamese green label

On August 09, 2016, the Ministry of Finance issued the Circular No. 128/2016/TT-BTC on export duty exemption and reduction for environment-friendly products; and products from waste recycling and treatment activities prescribed in the Government’s Decree No. 19/2015/ND-CP of February 14, 2015, detailing a number of articles of the Law...

THE STATE BUDGET SHALL BE DISCLOSED AND OVERSEEN

The State Budget that shall be disclosed and overseen by the public is one of the significant contents under the Law on the State budget No. 83/2015/QH13 approved on June 25, 2015 by the National Assembly. Specifically, data of an explanatory reports on Councils, estimates already decided by competent authorities,...
Regulations on time limit for e-customs declaration

Regulations on time limit for e-customs declaration

In accordance with the Circular No. 22/2014/TT-BTC dated February 14, 2014 of the Ministry of Finance providing e-customs procedures for commercial imports and exports, customs declaration shall be made after goods are fully gathered [...]

BANNED FROM MOTORBIKE DRIVING WITH THE VISION LESS THAN 4/10

This is a part of the Joint-Circular No. 24/2015/TTLT-BYT-BGTVT dated August 21, 2015 of the Ministry of Health and the Ministry of Transport on the Regulations on health standards for drivers, medical facilities for checking up driver’s health. Specifically, health standards for the driver driving vehicles of category A1 are...

THE WITHDRAWAL PLAN OF DEPOSITS MUST BE SENT BEFORE THREE MONTHS

On January 24, 2017, the Ministry of Finance issued the Circular No. 08/2017/TT-BTC dated January 24, 2017 of the Ministry of Finance guiding the management and use of environmental remediation deposits paid by mining organizations, promulgates the deposit payer shall send withdrawal plan of deposits to the deposit receiver...

Have right to choose the location of tax payment for export and import goods

The taxpayers directly pay taxes at the State Treasury or at the credit institution is the new content prescribed at the Circular No. 126/2014/TT-BTC dated August 28, 2014 of the Ministry of Finance [...]

In 2020, GDP per capita is approximately 3,200 – 3,500 USD

The Resolution No. 142/2016/QH13 on 5-year socio- economic development plan from 2016-2020 passed by the National Assembly on April 12, 2016, Stabilize the macro- economy and boost the growth of national economy; restructure the economy, improve productivity and competitiveness.   Foster   national   cultures,   democracy, social justice, social welfare and security… The...

BY 2025, SERVICE GROWTH OF THE LOGISTICS SECTOR WILL REACH 15 – 20%

This is one of the objectives of the Prime Minister prescribed at the Decision No. 200/QD-TTg dated February 14, 2017 on approving the action plan for improvement of competitiveness and development of Vietnam’s logistics services by 2025. Accordingly, logistics is an important service sector in the overall structure of the...