CASES ON APPRAISAL OF THE RESERVE PRICE OF NONPERFORMING LOANS
On May 16, 2017, the Government issued the Decree No. 61/2017/ND-CP stipulating on appraisal of the reserve price of nonperforming loans, collateral of nonperforming loans and establishment of the Council for auction of nonperforming loans, collateral of nonperforming loans for high value nonperforming loans, collateral of nonperforming loans.
Accordingly, cases...
Reduce non-performing loans to below 3 percent of the total outstanding loans by the end of 2015
The National Assembly has just passed the Resolution No. 86/2014/QH13 dated November 28, 2014 on further increasing the effectiveness of the economic restructuring in public investment, state enterprises and banking system, requires Ministries, industries and relevant units to arrange and restructure weak credit institutions, continue implementing measures to reduce...
Marriages and families involving foreign elements must go to the center for consultancy
On December 31, 2013, the Ministry of Justice issued the Circular No. 22/2013/TT-BTP detailing and guiding the implementation of some articles of the Decree No. 24/2013/ND-CP dated March 28, 2013 [...]
Conditions for food safety assurance for vagetable oil production
On December 22, 2014, the Ministry of Industry and Trade issued the Circular No. 59/2014/TT-BCT dated December 22, 2014 prescribing conditions for food safety assurance for vegetable oil production and trading establishments and takes effect on February 06, 2015.
Accordingly, Vegetable oil production establishments must have production location constructed under...
Exempt from import duty for machinery imported or temporarily imported for re-export to serve ODA
On December 03, 2013, the Ministry of Finance issued the Circular No. 181/2013/TT-BTC guiding the implementation of tax policies and incentives for programs and projects funded with official development assistance (ODA) capital or concessional loans provided by donors[...]
To increase the entrance fees by vietnam fine arts museum
From 2017, the collection, payment, management and use of entrance fees by Vietnam Fine Arts Museum shall be applied in accordance with the Circular No. 181/2016/TT-BTC issued by the Ministry of Finance on November 07, 2016; replaces the Circular No. 174/2013/TT-BTC dated November 27, 2013.
Accordingly, the amount of entrance...
New regulations on preferential policies upon selecting tenderers
On November 26, 2013, the National Assembly approved Law on Bidding No. 43/2013/QH13, which shall take effect fromJuly 1, 2014 and supersede Law on Bidding No. 61/2005/QH11[...]
Must pay from a half of land use levy upon re-sale of social houses for the state
This is the important content prescribed at the Circular No. 139/2016/TT-BTC dated September 16, 2016 of the Ministry of Finance guiding the exemption from land use levy or land rental, refund to or clearing against financial obligations of social housing investors, and method of determination of land use levy...
Processing goods left at the airport
On January 27, 2014, the Ministry of Finance issued the Circular No. 15/2014/TT-BTC guiding to process goods left in the area of customs supervision, including abandoned goods; goods lost without receiver[...]
To reduce 50% of personal income tax for staffs working in border-gate economic zones
On November 26, 2013, the Prime Minister promulgated Decision No. 72/2013/QD-TTg, prescribing mechanisms and financial policies applicable to border-gate economic zones, which regulates that Vietnamese and foreigners directly working or involved in production and business activities [...]
