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...
THE REVOCATION OF WRITTEN CERTIFICATIONS OF ELIGIBILITY FOR ENVIRONMENTAL PROTECTION TAKES EFFECT WITHIN 2 YEARS
On September 09, 2015, the Ministry of Natural Resources and Environment issued the Circular No. 41/2015/TT-BTNMT on environmental protection in the import of scraps for use as production materials.
In accordance with the Circular, the Ministry of Natural Resources and Environment shall grant, re-grant or revoke a written certification of...
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...
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...
Not use money in other capital contribution
On January 29, 2015, the Ministry of Finance issued the Circular No. 09/2015/TT-BTC dated January 29, 2015 of the Ministry of Finance guiding financial transactions of enterprise prescribed in the Article 6 of the Decree No. 222/2013/ND-CP dated December 31, 2013 of the Government providing for cash payment.
At this...
Requirements for investment promotion activity
On January 14, 2014, the Prime Minister issued the Decision No. 03/2014/QD-TTg dated January 14, 2014 of the Prime Minister promulgating the regulation on state management for investment promotion activities.
Accordingly, investment promotion activity must be in accordance with the plan for socio- economic development of country, sector and locality;...
From 2015, incomes from casinos shall not be taxable
According to the Law No. 71/2014/QH13 dated November 26, 2014 amending and supplementing a Number of Articles of theLaws on Taxes approved by the National Assembly, incomes from independent professional activities of individuals possessing practice licenses or certificates in accordance with law and having an annual turnover of 100 ...
VIETNAM FATHERLAND FRONT ALLOWED CHOOSING JUDGES AND PROCURATORS
In accordance with the Law on the Vietnam Fatherland Front No. 75/2015/QH13 passed by the National Assembly on June 09, 2015,tThe Vietnam Fatherland Front is the political base of the people’s administration; and shall represent and protect the lawful and legitimate rights and interests of the People; rally and...
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...
Change the operation conditions of occupational safety’s strict requirements
On March 06, 2014, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 06/2014/TT-BLDTBXH[...]
