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.[...]

Management of employees in state-owned one-member limited liability company

Takes effect on August 01, 2016, Decree No. 51/2016/ND- CP of the Government on management of employees, salaries, bonuses of employees in single-member limited liability companies of which charter capital is wholly owned by the State, includes: Parent companies of State-owned economic corporations or State-owned general companies or parent...

Manufacture over 50,000 priority automobiles/year will be entitled to incentive corporate income tax

This is the content of Decision No. 229/QD-TTg dated February 04, 2016 of the Prime Minister on the mechanism and policies for implementation of the strategy and plan for development of Vietnam automobile industry. In particular, enterprises that invest, manufacture over 50,000 priority automobiles per year, or manufacture engine parts,...
vietnamese employees

Foreign organizations must make regular reports on recruitment of vietnamese employees

This is the prominent content prescribed at the Decision No. 19/2015/QD-TTg dated June 15, 2015 of the Prime Minister prescribing criteria for identifying hi-tech enterprises. Accordingly, from August 01, 2015, beside satisfying the criteria prescribed at Point a and b, Article 75 of the Investment Law, a hi-tech enterprise ...
Collection rate

Collection rate of road use toll of the Phap Van – Cau Gie road

The Ministry of Finance has just issued the Circular 45/2015/TT-BTC providing for the collection rate, regime, management and use of road use toll of the Phap Van - Cau Gie road, Hanoi city. Accoringly, from March 25, 2015, the fee of road use toll of the Phap Van - Cau...
brand name is not listed in the procurement bidding dossiers

brand name is not listed in the procurement bidding dossiers

Procurement bidding dossiers not allowed to list the brand name, specific origin of goods which can cause unfair competition is the important content prescribed at the Circular No. 05/2015/TT-BKHDT dated June 16, 2015 of the Ministry of Planning and Investment detailing the making of goods procurement bidding dossiers. On taxes,...

Allowed to clear the loss and gain in the transfer of real estate

On June 18, 2014, the Ministry of Finance issued the Circular No. 78/2014/TT-BTC guiding the implementation of the Government’s Decree No. 218/2013/ND-CP of December 26, 2013, detailing and guiding the implementation of the Law on Enterprise Income Tax (EIT)[...]

Regulations on project appraisal and approval and design and estimate of works construction

On June 30, 3016, the Ministry of Construction issued the Circular No. 18/2016/TT-BXD detailing and guiding some contents on project appraisal and approval and design and estimate of works construction. In accordance with this Circular, project submission and appraisal, design and estimate of works construction in accordance with authority to...

To 2017, GDP is expected to increase by 6.7%

On November 07, 2016, the National Assembly passed the Resolution No. 23/2016/QH14 on socio-economic development plan (2017), requires Government, Supreme People’s Procuracy, Supreme People’s Court and the State Auditors….to implement proactive and flexible monetary policies, continue to restructure credit institutions; develop bond markets, strictly control and tackle bad debts...
employees covered by unemployment insurance

Support VND 1 Billion/Person/Month for employees covered by unemployment insurance

This is the content prescribed at the Decision No. 77/2014/QD-TTg dated December 24, 014 of the Prime Minister providing levels of vocational training support for employees covered by unemployment insurance. In particular, from January 01, 2015, the maximum level of vocational training support for employees covered by unemployment insurance...