Credit institutions are entitled to overdraft for compensate for the shortage of capital in the inter-bank electronic payment
Takes effect on March 25, 2017, the Circular No. 29/2016/TT-NHNN dated October 12, 2016 stipulating overdraft and overnight lending applicable in the inter-bank electronic payment, to allow credit institutions to make payment in excess of the credit balance in their Vietnamese dong clearance account opened at the Banking Operation...
Finacial obligations of organizations with nuclear power plants
According to the Decision No. 09/2014/QD-TTg dated January 23, 2014 of the Prime Minister on financial obligations of organizations with nuclear power plants, modes of financial management to ensure operation termination and dismantlement of nuclear power plants, annually within 30 days after ending the fiscal year[...]
25 Machines and eqyuipments with strict requirements on labor safefety
On March 06, 2014, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 05/2014/TT-BLDTBXH promulgating list of machines, equipment and supplies having strict requirement on labor safety[...]
Enterprises engaged in employment service activities must deposit vnd 300 million
In accordance with the Decree No. 52/2014/ND-CP dated May 23, 2014 of the Government defining conditions, procedures for grant of permits for employment service activities of enterprises engaged in employment service activities[...]
Open fund shall conduct collection under agreed price
On December 31, 2013, the Ministry of Finance issued the Circular No. 216/2013/TT-BTC amending the Circular No. 38/2011/TT-BTC dated March 16, 2011 [...]
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;...
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...
Companies must declare the seaport charge schedule
On November 02, 2016, the Government issued the Decree No. 146/2016/ND-CP dated November 02, 2016 of the Government on regulations on publishing of freights and surcharges of ocean container shipping and seaport charges, requires enterprises to declare the seaport charge schedule on publishing of freights and surcharges of ocean...
To 2020, all provinces and cities have bus services
This is the target set up at the plan for renovation of public passenger transport bus services by 2020, issued by the Ministry of Transport on November 04, 2016 at the Decision No. 3446/QD-BGTVT.
In particular, to 2020, operate and plan to operate bus routes in all provinces and direct-controlled...
Male employees whose wives give birth to children are entitled to a maternity leave of 5-7 working days
This new content is formally regulated in the Insurance Law No. 58/2014/QH13 passed by the National Assembly on November 20, 2014. Accordingly, from 2016, male employees currently paying social insurance premiums whose wives give birth to children are entitled to a maternity leave of 5 working days; 7 working...
