investment in railway infrastructure

Seeking private sector involvement in investment in railway infrastructure

With the target to gradually reduce the burden on the state budget, and meet the target of socio-economic development, industrialization - modernization of the country; to restructure the railway sector investment, enhance private sector involvement investment ratio in the railway infrastructure commensuration with other transport fields; the Minister of...

Charging the waste water by the water bills

On August 06, 2014, the Government issued the Decree No. 80/2014/ND-CP on the waste water drainage and treatment prescribing that Polluters must pay for pollution treatment; the income from drainage service must step by step cover the expense of drainage service.[...]

COMMERCIAL MEDIATORS MUST HAVE UNIVERSITY OR HIGHER DEGREE

Takes effect on April 15, 2017, the Decree No. 22/2017/ND-CP dated February 24, 2017 of the Government on commercial mediation prescribing that a commercial mediator must possess a university or higher degree and having at least 2 years’ working experience in the discipline he/she has studied; have full civil...

Shareholding percentage of a foreign organization shall not exceed 15% of a Vietnamese credit institution’s charter capital

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...

The provision of e-customs declaration information

The statute on provision and use of e-customs declaration information was promulgated on August 19, 2016 at Decision No. 33/2016/QD-TTg by the Prime Minister. According to the statute, e-customs declaration information will be sent to information users from the customs information portal within 1 minute as of the receipt of...
Medical establishments operating as enterprises may decide on price rates

Medical establishments operating as enterprises may decide on price rates

On December 15, 2014, the Government issued the Resolution No. 93/NQ-CP dated December 15, 2014 on a number of mechanisms and policies on medical development. Under this Resolution, medical examination and treatment establishments operating as enterprises may decide on their price rates. All units shall declare and post up...
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...
geographical atlases must subject to licensing

establishing thematic maps and geographical atlases must subject to licensing

The Government has just issued the Decree No. 45/2015/ND-CP dated May 06, 2015 on topographic and cartographic activities in the mainland, on islands, archipelagoes and sea areas, under the ground and in the space of the Socialist Republic of Vietnam, to issue List of 14 topographic and cartographic services...

TO ESTABLISH THE DIRECTORATE OF NATURAL DISASTER PREVENTION AND CONTROL

This is the content prescribed at the Decree No. 15/2017/ND-CP of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Agriculture and Rural Development and takes effect on February 17, 2017. In particular, beside units in the previous regulations such as the Department of Crop...

The maximum time limit extension for tax payment is 02 years

Many new contents on enterprise income taxes, personal income tax or VAT tax are prescribed by the Government at the Decree No. 91/2014/ND-CP dated October 01, 2014 amending, supplementing a number of Articles under the Decree regulating on Tax.[...]