employees after recommending the jobs

Must supervise the employment status of employees after recommending the jobs

The Ministry of Labor, War Invalids and Social Affairs has just issued the Circular No. 07/2015/TT-BLDTBXH dated February 25, 2015 stipulating a number of Articles of the Decree No. 196/2013/ND-CP dated November 21, 2013 of the Government defining on establishment and operation of the Career Services Center and the...
dealing in real estate must

From july 2015, dealing in real estate must have a legal capital of vnd 20 billion

According to the Law on Real Estate Business No. 66/2014/QH13 approved by the National Assembly on November 25, 2014, replacing the Law on Real Estate Business No. 63/2006/QH11, from July 01, 2015, organizations and individuals dealing in real estate are required to establish enterprises or cooperatives (below referred to...

VALIDITY DURATION OF INTERNATIONAL DRIVING PERMITS IS 3 YEARS

The Ministry of Transport issued the Circular No. 29/2015/TT-BGTVT dated July 06, 2015 providing the issuance and use of international driving permits for Vietnamese and foreigners having permanence residence cards granted by Vietnam, who have obtained Vietnam’s domestic driving permits which are made of polyethylene terephthalate (PET) and remain...
bad debt

By the end of 2015, reduce non-performing loans to below 3 %

The National Assembly just approved the Resolution No. 86/2014/QH13 dated November 28, 2014 on further increasing the effectiveness of the economic restructuring in public investment, state enterprises and banking system, arranging and restructuring weak credit institutions, continuing implementing measures to reduce non-performing loans to below 3 percent of the...
Legal-Updates

Not destroy the invoice with incorrect buyer’s name and address

In accordance with the Circular No.  26/2015/TT-BTC dated February 27, 2015 of the Ministry of Finance guiding the value-added tax and tax administration in Decree No. 12/2015/ND-CP on guidelines for the Law on amendments to Laws, Decrees on taxations, and amendments to Circular No. 39/2014/TT-BTC on invoices for goods...
transactions on urban housing

District-level people’s committees certify contracts and transactions on urban housing through june 30,2015

The Government has issued the Decree No. 23/2015/ND-CP on February 16, 2015 on grant of duplicates from master registers, certification of copies from originals, certification of signatures and certification of contracts and transactions. To the time limit for certification, the time limit for certification is within the day an agency...

HANDING OUT LEAFLETS MAY HAVE A FINE TO VND 500,000

On March 20, 2017, the Government issued the Decree No. 28/2017/ND-CP on amending the Government's Decree No. 131/2013/ND-CP on penalties for administrative violations against copyrights and related rights and the Government's Decree No. 158/2013/ND-CP on penalties for administrative violations against regulations on culture, sports, tourism, and advertising. The Decree points...

TO 2020, THE EXPECTED VOLUME OF GAS PRODUCTION IS 11 BILLION M3/YEAR

On January 16, 2017, the Prime Minister issued the Decision No. 60/QD-TTg on approving the plan for development of gas industry of Vietnam by 2025 with the vision to 2035, Invest in development of the gas industry sector with all stages which are organized in a complete and uniform...
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...

Fees for issuance of working holiday permits to new zealand and australia working holiday makers is vnd 600,000/issue/person

On September 19, 2016, the Ministry of Finance issued the Circular No. 140/2016/TT-BTC dated September 19, 2016 of the Ministry of Finance on collection and payment of fees for issuance of working holiday permits with respect to New Zealand and Australia working holiday makers. Accordingly, The amount of fees for...