VISA EXEMPTION FOR OVERSEAS VIETNAMESE
Taking effect on November 15, 2015, the Decree No. 82/2015/ND-CP dated September 24, 2015 of the Government prescribing visa exemption for overseas Vietnamese and foreigners who are spouses or children of overseas Vietnamese or Vietnamese citizens, having a passport or an international travel document valid for at least 1...
Subjects under foreign currency loans policy in 2014
On December 6, 2013 the State Bank of Viet Nam issued Circular No. 29/2013/TT-NHNN, stipulating on provision of foreign currency loans of the credit institutions and foreign banks’s branches with customers being residents. [...]
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[...]
Conditions for drug business to a drug retailer
On July 01, 2016, the Government issued the Decree No. 102/2016/ND-CP dated July 01, 2016 of the Government on drug business requirements.
In particular, the drug retailer other than an herbal ingredient retailer when the retailing place is fixed, isolated, airy, safe, away from sources of pollution and has a...
Free on time-limited visa entry for citizens of 5 european countries
On June 18, 2015, the Government issued the Resolution No. 46/Q-CP dated June 18, 2015 of on time-limited visa-free entry for citizens of The Kingdom of England, The French Republic, The Federal Republic of Germany, The Kingdom of Spain and The Italian Republic.
In accordance with regulations in this Resolution,...
FROM MARCH 15, TO APPLY THE INTEREST RATE IN NEW REGIME
On December 30, 2016, the State Bank of Vietnam issued the Circular No. 39/2016/TT-NHNN prescribing lending transactions of credit institutions and/or foreign bank branches with customers, takes effect on March 15, 2016.
The most important content is the regulations in Interest rate of loan. A credit institution and its customer...
Supplement guarantee insurance as the non-life insurance
On July 09, 2014, the Government issued the Decree No. 68/2014/ND-CP amending, supplementing a number of articles of the Decree No. 45/2007/ND-Cp dated March 27, 2007 of the Government detailing the implementation of a number of articles of the Insurance Business Law[...]
Not yet handovered the house, the owner must pay 70% charges
On November 25, 2014, the National Assembly officially approved the Housing Law No. 65/2014/QH13, replacing the Housing Law No. 56/2005/QH11 with many new contents.
For owners of commercial housing projects, within 50 days from the date of handover of houses to purchasers or from the time when lessees make full...
TO SUPPLEMENT THE SUBJECTS TO USE OF FOREIGN EXCHANGE WITHIN VIETNAM TERRITORY
Takes effect on December 03, 2015, the Circular No. 16/2015/TT-NHNN dated October 19, 2015 of the State Bank of Vietnam amending, supplementing a number of articles of the Circular No. 32/2013/TT-NHNN dated December 26, 2013 of the State Bank Governor guiding the implementation of regulations on restricting the use...
Deactivate the tin of the business entity of non-operation at registered address
In accordance with the Circular No. 95/2016/TT-BTC dated June 28, 2016 of the Ministry of Finance on guidelines for tax registration, the taxpayer shall be imposed sanctions for TIN usage as prescribed by relevant law provisions. After one year from the date on which the tax authority issued a...
