Some new points of Circular 09/2021/TT-NHNN
On 7 July 2021, the State Bank of Vietnam (“SBV”) issued Circular 09/2021/TT-NHNN (“Circular 09”) amending and supplementing a number of articles of Circular 42/2015/TT-NHNN dated 31 December 2015 of the Governor of the State Bank of Vietnam prescribing regulations on open-market operations.
Hereunder are some noteworthy points in Circular...
Decentralized wastewater treatment technologies
On April 03, 2015, the Ministry of Construction issued the Circular No. 04/2015/TT-BXD dated April 03, 2015 of the Ministry of Construction guiding the implementation of a number of articles of the Decree No. 80/2014/ND-CP dated August 06, 2014 of the Government on the waste water drainage and treatment.
Within...
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;...
The application of the Advanced Pricing Agreement (APA) mechanisms in tax administration for enterprises that have associated transactions
On June 18, 2021, The Ministry of Finance issued Circular No 45/2021/TT-BTC guiding the application of the Advanced Pricing Agreement (APA) mechanisms in tax administration for enterprises that have associated transactions.
Accordingly, the regulations of APA proposing transactions as follows:
- APA proposing transactions are associated transactions specified in Clause 2, Article 1 Decree No 132/2020/ND-CP.
Currently, APA transactions are...
CARGO TRANSPORTATION OF OVER 100 TONS ON INLAND WATERWAYS MUST BE APPROVED
The Ministry of Transport has just issued the Circular No. 61/2015/TT-BGTVT dated November 02, 2015 on regulations on cargo transportation on inland waterways, Organizations or individuals should submit 01 (one) set of application for approval for the cargo with actual inseparable size over 10 m, 40 m or 4.5...
EXEMPTION FROM REGISTRATION FEES FOR HIGH-SPEED CRAFTS
On October 05, 2015, the Prime Minister signed the Decision No. 47/2015/QD-TTg on mechanism and policies on encouraging and developing the inland waterway transportation, and takes effect on December 01, 2015; within that the inland waterway vehicles are boats, ships and other floating structures with without engine always operating...
Law on Housing of Vietnam 2014
Law on Housing of Vietnam 2014 stipulates ownership, development, management, use of housing; housing-related transactions; state management of housing in Vietnam and applies to organizations, households or individuals related to ownership, development, management, use; transactions in housing and state management of housing in Vietnam.
Law on Housing of Vietnam 2014...
Reduce interest rate of loan’s outstanding balance for house assistance to 5% per annum
On January 02, 2014, the State Bank of Bank issued the Decision No. 21/QD-NHNN providing the interest rate of commercial bank applied in 2014 for loan’s outstanding balance for house assistance in accordance with the Circular No. 11/2013/TT-NHNN date May 15, 2013[...]
Any advertisement giving incorrect information or confusing the customers shall be fined up to VND 140 million
In accordance with the Decree No. 71/2014/ND-CP dated July 21, 2014 of the Government detailing the Law on Competition on imposition of violation penalties against the Law on Competition.[...]
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[...]
