Refund of funds in case of failing to obtain mineral exploration licenses
According to the Joint Circular No. 61/2014/TTLT-BTNMT-BKHDT-BTC dated November 14, 2014 of the Ministry of Natural Resources and Environment, the Ministry of Planning and Investment and the Ministry of Finance guiding procedures for contributing capital to geological baseline surveys of minerals by organizations and individuals and management of their...
Support Policy for employees affected by Covid-19
Dear Valued Client,
On September 24th, 2021, the Government issued Resolution 116/NQ-CP on the support policy for employees and employers affected by the Covid-19 pandemic from the Unemployment Insurance Fund.
Accordingly, support in cash shall be made to those as follows:
- Employee who already participated in Unemployment Insurance on September 30th, 2021;
(Excluding employees working in...
THE REVOCATION OF WRITTEN CERTIFICATIONS OF ELIGIBILITY FOR ENVIRONMENTAL PROTECTION TAKES EFFECT WITHIN 2 YEARS
On September 09, 2015, the Ministry of Natural Resources and Environment issued the Circular No. 41/2015/TT-BTNMT on environmental protection in the import of scraps for use as production materials.
In accordance with the Circular, the Ministry of Natural Resources and Environment shall grant, re-grant or revoke a written certification of...
Amendment of regulations on managing apartment maintenance fund
On March 26th, 2021, the Government issued Decree 30/2021/ND-CP amending and supplementing a number of articles of Decree 99 (“Decree 30”). Compared with Decree 99, Decree 30 has the following notable changes:
Firstly, on transfering maintenance fund for the common area of multi-owner apartment buildings
Article 36 of Decree 99, which...
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 ...
Gold jewelry with gold content of under 95% having export tax at 0%
The Ministry of Finance has issued the Decision No. 788/QD-BTC dated April 27, 2015 on promulgating new administrative procedures on export of gold jewelry, goldsmiths’ wares and other golden articles in subheadings 71.13, 71.14, 71.15 of export tax schedule in the field of customs under the authority of Ministry...
From april 01, exempt import taxes of many commodities from japan
On February 14, 2015, the Ministry of Finance issued the Circular No. 24/2015/TT-BTC promulgating Vietnam’s Special Preferential Import Tariff to implement the ASEAN-Japan Comprehensive Economic Partnership Agreement during 2015-2019.
Accordingly, applicable from April 1, 2015, through March 31, 2016, to apply the import tax rate of 0% for many commodities....
To 2020, Vietnam basically become an industrial country
With the objects to build and develop the supporting industry to ensure the implementation of target by 2020 to make Vietnam basically become an industrial country having products of supporting industry with high competitiveness[...]
THE ELECTION DAY MUST BE A SUNDAY AND SHALL BE ANNOUNCED AT LEAST 115 DAYS IN ADVANCE
In accordance with the Law No. 85/2015/QH13 on election of deputies to the National Assembly and deputies to People’s Councils passed by the National Assembly on June 25, 2015 and takes effect on September 01, 2015, the election day must be a Sunday and shall be announced at least...
Learn Universal Life Insurance Policies
In accordance with the Circular No. 52/2016/TT-BTC of the Ministry of Finance dated March 21, 2016 guiding the provision of universal life insurance products, an insurer must satisfy the following conditions such as its solvency margin is at least VND 100 billion larger than the minimum solvency margin; having...
