National single-window mechanism for inspection of quality of imported goods
On June 03, 2016, the Ministry of Finance and the Ministry of Science and Technology issued Joint Circular No. 77/2016/TTLT-BTC-BKHCN guiding the implementation of the national single-window mechanism with respect to procedures for State inspection of quality of goods imported into Vietnam under the management of the Ministry of...
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...
03 establishments permitted to perform al truistic gestational surrogacy
In accordance with the Decree No. 10/2015/ND-CP dated January 28, 2015 of the Government on giving birth through in vitro fertilization and conditions for altruistic gestational surrogacy, The National Hospital of Obstetrics and Gynecology; Hue Central General Hospital and Ho Chi Minh City Tu Du Obstetrics Hospital are allow...
Science and technology organization must have at least 5 employees with university degree
On January 27, 2014, the Government issued the Decree No. 08/2014/ND-CP Detailing and guiding the implementation of a number of articles of the Law on Science and Technology, within that, there are many important contents. [...]
Cancel purchasing expenditures that the estimation has not been approved yet
On August 13, 2014, the Prime Minister issued the Directive No. 25/CT-TTg on superintending to perform financial tasks – Budget 2014, actively cut down on or put off the implementation of payment tasks for purchasing equipment, cars… that are out of date but still be usable[...]
To annul limits of content of formaldehyde and aromatic amines in textile products
On October 12, 2016, the Ministry of Industry and Trade issued the Circular No. 23/2016/TT-BCT to annul the Circular No. 37/2015/TT-BCT dated October 30, 2015 of the Ministry of Trade and Industry regulations on limits and inspection of content of formaldehyde and aromatic amines derived from azo colorants in...
Petrol and oil temporarily imported for re-export may be retained in Vietnam within maxium 180 days
On October 9, 2013, the Ministry of Finance promulgated Circular No. 139/2013/TT-BTC, on customs procedures for petrol and oil exported[...]
Change the method of tax calculation for foreign contractors
On August 06, 2014, the Ministry of Finance issued the Circular No. 103/2014/TT-BTC guiding the fulfillment of tax liability of foreign entities doing business in Vietnam or earning income in Vietnam, regulates that the contractor/subcontractor has a permanent establishment in Vietnam or the contractor/subcontractor is a resident of Vietnam[...]
Ticket price exemption is applicable to under six- year-old children
According to the Decree No. 14/2015/ND-CP dated February 13, 2015 of the Government detailing and guiding the implementation of a number of article of the Railway Law, ticket price exemption is applicable to under six- year- old children accompanying adults.
For other objectives, the Decree also details the level of...
Guiding the methods for defining customs value of exported and imported goods
On March 25, 2015, the Ministry of Finance issued the Circular No. 39/2015/TT-BTC prescribing customs value of exported and imported goods. According to this Circular, The customs value is the selling price of goods at the border gate of exportation exclusive of international insurance cost (I) and international freight...
