Guidance for preparing financial statements

Guidance for preparing interim financial statements

On May 18, 2015, the Ministry of Finance issued the Circular No. 75/2015/TT-BTC amending the Article 128 of the Circular No. 200/2014/TT-BTC dated December 22, 2014 guiding the accounting policies for enterprises. In accordance with this Circular’s regulation, every enterprise which is required to prepare interim financial statements (quarterly...

Pictures of patients are banned from medicine advertisements.

On November 14, 2013, the Government issued the Decree No. 181/2013/ND-CP on guiding the implementation of some Articles of the Law on Advertising, within that pictures of patients[...]

Task assignment for the prime minister and deputy prime ministers

The Decision No. 1527/QD-TTg dated August 01, 2016 on task assignment for the Prime Minister and Deputy Prime Ministers issued by the Prime Minister. Accordingly, the Prime Minister shall fully perform his/her tasks and exercise his/her powers in accordance with the Constitution and the Law on Organization of the Government;...
Procedures of declaring value added tax for foreign contractors

Procedures of declaring value added tax for foreign contractors

On February 11, 2015, the Ministry of Finance signed the Decision No. 274/QD-BTC on publishing amendments and supplements of administrative procedures in the tax management under the Ministry of Finance’s authority. Under this Decision, procedures of declaring tax for foreign contractors, foreign sub-contractors paying value added tax according to the...

REGULATIONS ON GOOD LABELS

Takes effect on June 01, 2017, the Decree No. 43/2017/ND-CP dated April 04, 2017 of the Government on good labels, prescribing that manufacturers and traders of goods in Vietnam; importers of goods must present good labels, exempt for real property; goods temporarily imported for re-export; goods temporarily imported for...

The reserve price of the auctioned assets

The Ministry of Justice has just issued the Circular No. 18/2014/TT-BTP dated September 08, 2014 guiding the asset auctions as prescribed in Decree No. 53/2013/ND-CP on establishment, organization and operation of Vietnam Asset Management Company (hereinafter referred to as VAMC).[...]
transactions registration

Piloting e-transactions registration for online social insurance

The Prime Minister signed the Decision No. 08/2015/QD-TTg dated March 09,2015 on piloting e-transactions in implementation of procedures for participating in social, health and unemployment insurance and requesting the grant of social insurance books and health insurance cards. In accordance with the Decision, an employer conducting e-transactions in the field...

PROVINCIAL PEOPLE’S COMMITTEE’S HAVING NO ON-LENT CAPITAL MORE THAN 180 DAYS OVERDUE CAN ACCESS TO ON-LENT CAPITAL

On April 28, 2017, the Government issued the Government No. 52/2017/ND-CP dated April 28, 2017 of the Government on on-lending of the Government’s foreign borrowed capital to People’s Committees of centrally-affiliated cities and provinces. Within that, the most important content is the eligibility conditions for the provincial People’s Committee’s access...

Legal News on January 2019

In January of 2019, many legal policies shall be effective, SBLAW would like to inform Customer and our associates a summary of these legal documents: Law on Cybersecurity shall officially come into effect The Law on Cybersecurity 2018 provides national security protection, social order and safety maintenance in the cyberspace, and...
International bidding

International bidding for thermal power plant project with more than two bot investors

On July 13, 2015, the Ministry of Industry and Trade issued the Circular No. 23/2015/TT-BCT promulgating on orders, procedures of investment on the thermal power plant project in the form of Build – Operate – Transfer and takes effect on September 01, 2015. In accordance with the regulations in this...