Decree No. 32/2015/ND-CP of Government regarding to the construction cost management.
Some significant regulations of the Decree:
- Construction costs of each project, construction, contract must be calculated correctly and sufficiently and appropriate for design requirements, technical instructions, construction conditions, market prices at that time, and the construction site.
- Investors may hire cost management consultants who are qualified as prescribed in...
Inland waterway transportation must have automatic dentification system equipment
This is one of the conditions for passenger transportation business along fixed routes in accordance with the Circular No. 110/2014/ND-CP issued by the Government on conditions for inland waterway transportation business.
In particular, beside the condition that vessels are fitted with Automatic Identification System (AIS) equipment when operating along routes...
THE CARRIER MAY SELL CARGO IF THERE IS NO CONSIGNEE AT AUCTION
In accordance with the Decree No. 169/2016/ND-CP dated December 27, 2016 of the Government on handling of cargo retained by carriers at Vietnamese seaports. Within 60 days from the day on which the vessel arrives at the port for delivery, if there is no consignee or the consignee fails...
TIME FOR CIRCULATION OF ANIMAL FEEDS IN VIETNAM IS FIVE YEARS
On September 04, 2015, the Ministry of Agriculture and Rural Development issued the Circular No. 29/2015/TT-BNNPTNT dated September 04, 2015 of the Ministry of Agriculture and Rural Development on amending and supplementing a number of articles of the Circular No. 66/2011/TT-BNNPTNT dated October 10, 2011 of the Ministry of...
Credit institution must have advances from vamc for the bad debts
In accordance with the Circular No. 20/2014/TT-NHNN dated August 12, 2014 of the State Bank of Vietnam on receipts and advances from Vietnam Asset Management Company (VAMC) for the bad debts bought by special bonds[...]
Annul the experience factor for preschool foreign teachers
In accordance with the Decree No. 124/2014/ND-CP dated December 29, 2014 of the Government amending Clause 6, Article 31 of the Government’s Decree No. 73/2012/ND-CP of September 26, 2012, on foreign cooperation and investment in education, from February 16, 2015, The foreign teachers and lecturers teaching in short-term training...
Exempting the import tax for 5 year for medical equipments
This is the content prescribed at the Decision No. 54/2014/QD-TTg dated September 19, 2014 of the Prime Minister on exempting the import tax for devices for manufacturing and assembling the medical equipments with high priority.[...]
MANY CASES OF EXEMPTION FROM SEVERANCE TAX
On October 02, 2015, the Ministry of Finance issued the Circular No. 152/2015/TT-BTC guiding the severance tax, and the taxable items are metallic minerals; non-metallic minerals; products of natural forests; natural aquatic organisms, including marine animals and plants; natural water; natural bird’s nests other than those collected from construction...
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...
From 2017, the Ministry of Industry and Trade shall in charge of management of milk price
This is an important content of Circular No. 233/2016/TT-BTC dated November 11, 2016 of the Ministry of Finance amending, supplementing a number of Articles of the Circular No. 56/2014/TT-BTC dated April 28, 2014 of the Minister of Finance guiding the Government’s Decree No. 177/2013/ND-CP of November 14, 2013, detailing...
















