06 CASES ALLOWED IMPORTING UNDER THE LIST OF IMPORT PROHIBITION
On May 06, 2016, the Prime Minister signed the Decision No. 18/2016/QD-TTg on circumstances that enable importation of used information technology products under import prohibition; takes effect on July 01, 2016.
Circumstances that enable importation of products under the import prohibition list such as used information technology goods are imported...
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...
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...
The policies on redundancy to employees in the company when restructuring the state companies
On July 22, 2015, the Government issued the Decree No. 63/2015/ND-CP dated July 22, 2015 of the Government providing the policies towards redundant employment in accordance with the restructuring of state-owned one member limited companies.
Accordingly, policies towards redundant employees that are recruited before April 21st, 1998 or before April...
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...
Independent audit for public interest units must have charter capital of VND 4 billion
On December 04, 2013, the Ministry of Finance issued the Circular No. 183/2013/TT-BTC on independent audit for public interest units[...]
Encourage to provide for the voluntary supplemental retirement program
At the Decree No. 88/2016/ND-CP dated July 01, 201 of the Government on voluntary supplemental retirement program. The Government encourages developing voluntary supplemental retirement programs by means of incentive policies provided for in laws on taxation and investment results and payment rates made by retirement funds shall not be...
THE STATE BANK OF VIETNAM SHALL ORGANIZE THE COMMUNICATION DEPARTMENT
From February 17, 2017, organizational structure of the State Bank of Vietnam concludes 26 units, instead of 27 units as before is the important content at Decree No. 16/2017/ND-CP dated February 17, 2017 of the Government defining the functions, tasks, powers and organizational structure of the State Bank of...
Impose a fine of vnd 5 million for import of pesticides banned from use
This is the content prescribed at the Decree No. 31/2016/ND-CP of the Government on penalties for administrative violations against regulations on plant varieties, plant protection and quarantine.
Accordingly, from June 25, 2016, importing formulated pesticides which are in the list of pesticides permitted for use in Vietnam from a manufacturer...
From april 15, exempt ticket price exemption for children of under six years old
In accordance with the Decree No. 14/2015/ND-CP dated February 13, 2015 of the Government Detailing and guiding the implementation of a number of articles of the Railway Law, exempt ticket price exemption for children of under six years old from April 15.
For other objectives, the Decree also details the...
