THE INVESTOR IS ALLOWED TO DIRECTLY MANAGE CONSTRUCTION PROJECTS WITH LESS THAN VND 15 BILLION
Takes effect on June 01, 2017, the Decree No. 42/2017/ND-CP dated April 05, 2017 of the Government on amendments to the Government's Decree No. 59/2015/ND-CP dated June 18, 2015 on management of construction investment projects, to allow that the investor shall use its legal status and qualified affiliated units...
REGULATIONS ON DERIVATIVE SECURITIES
On March 16, 2017, the Ministry of Finance issued the Circular No. 23/2017/TT-BTC dated March 16, 2017 of the Ministry of Finance on revising and supplementing a number of articles of the Circular No. 11/2016/TT-BTC dated January 19, 2016 on instructions for certain articles of the Government's Decree No....
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...
Regulations on the inspection of quality in manufacturing motor vehicles
On October 20, 2014, the Ministry of Transport promulgated Circular No. 54/2014/TT-BGTVT dated October 20, 2014, amending Circular No. 31/2011/TT-BGTVT stipulating the inspection of technical safety, quality and environmental protection in manufacturing and assembling motor vehicles.[...]
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.[...]
Fees for processing of applications for the license to use industrial explosives is VND 5 million
Any organizations applying for the license to use industrial explosives granted by competent state authorities must pay the fees for processing of applications for the license to use industrial explosives must pay between VND 2 million – VND 5 million depending on different purpose.
The fee for processing of application...
Rules of origin provided for in VN – EAEU FTA
On September 20, 2016, the Ministry of Industry and Trade issued the Circular No. 21/2016/TT-BCT providing for the implementation of rules of origin provided for in the free trade agreement between Vietnam and Eurasian Economic Union, the rules of origin provided for in this Circular shall be applied only...
A license for news publication is effective for 01 year
In accordance with the Circular No. 04/2014/TT-BTTTT dated March 19, 2014 of the Ministry of Information and Communications detailing and guiding a number of Articles of Decree No.88/2012/ND-CP dated October 23, 2012 of the Government regulation on activities of information and press of foreign press, foreign representative agency and organizations in Vietnam[...]
By 2020, 30% of the population makes online purchase
This is the target specified in master plan for e-commerce development in 2016 - 2020 period that been approved by the Prime Minister in Decision No. 1563/QD-TTg dated August 08, 2016.
Specifically, by the year of 2020, there will be 30% of the population make online purchase with the total...
Adjusting the financial management mechanism for vietnam development bank
On April 29, 2016, the Ministry of Finance issued the Circular No. 67/2016/TT-BTC amending; supplementing some contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of financial management mechanism for Vietnam Development Bank.
In particular, after calculating the total actual capital amount as a basis to...
