The fee of issuance or renewal of a certificate of multi-level marketing is VND 5 million/application
In accordance with the Circular No. 156/2016/TT-BTC dated October 21, 2016 of the Ministry of Finance on providing for fees for processing of application for the certificate of multi-level marketing, collection, transfer and management thereof, applies to enterprises applying for issuance, replacement, addition or renewal of the certificate of...
Supporting time for preferred loans is a maximum of 15 years
In accordance with the Resolution No. 61/NQ-CP dated August 21, 2014 of the Government on amending, supplementing the Resolution No. 02/NQ-CP dated January 07, 2013 of the Government on promulgating solutions in removing difficulties for business and production, supporting market and handling bad debts[...]
banks allowed purchasing debts having the bad debt ratio under 3%
From September 01, 2015, credit institutions, foreign banks’ branches shall be only permitted for debt purchase when being approved on the establishment and operation license of credit institutions, establishment license of foreign bank’s branches (hereinafter referred to as the License) by the State Bank and having the bad debt...
Enterprises running debt purchase and sale service must have at least VND 100 billion of charter capital
According to Decree No. 69/2016/ND-CP dated July 01, 2016 of the Government on requirements for running debt trading service, the minimum charter capital or investment capital of providers of debt trading brokerage service and debt trading consultancy service is VND 5 billion; with enterprises running debt purchase and sale...
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...
Law on Bidding of Vietnam 2013
Law on Bidding of Vietnam 2013 was issued by the National Assembly of Socialist Republic of Vietnam on 26/11/2013 and has been effective from 01/07/2014[.....]
THE NATIONAL TECHNICAL REGULATION ON FROZEN TRA FISH FILLETS
On March 21, 2017, the Ministry of Agriculture and Rural Development issued Circular No. 07/2017/TT-BNNPTNT introducing the national technical regulation on “fishery product - frozen Tra fish fillets”.
Within that, frozen Tra fish fillet refers to the boneless flesh which has been cut from a Tra fish body by cutting...
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 [...]
Business households employ more than 10 regular employees have a fine to vnd 5 million
This is one of the important content sprescribed at the Decree No. 50/2, 2016 of the Government on penalties for administrative violations against regulations on planning and investment, takes effect on July 15, 2016.
In particular, from July 15, 2016, business households employ more than 10 regular...
Collecting and processing information about labor supply and demand on july 1 of the same year
On July 24, 2015, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 27/2015/TT-BLDTBXH guiding for collecting, archiving and synthesizing the information of labor market, defining that the time for collecting and processing information about labor supply and demand on is 30 days and from...
