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...
To reduce 50% of personal income tax for staffs working in border-gate economic zones
On November 26, 2013, the Prime Minister promulgated Decision No. 72/2013/QD-TTg, prescribing mechanisms and financial policies applicable to border-gate economic zones, which regulates that Vietnamese and foreigners directly working or involved in production and business activities [...]
BY 2017, PROCEDURE FOR PROPERTY REGISTRATION SHALL BE FINISHED WITHIN 20 DAYS
This is one of targets that the Government had set at Resolution No. 19-2017/NQ-CP dated February 06, 2017 on main duties and measures for improving business environment and enhancing national competitiveness in 2017 and orientation towards 2020.
With the aim by the end of 2017, starting a business of our...
HIV patients may take a maximum loan of vnd 20 million with no collateral
On April 26, 2014, the Prime Minister signed the Decision No. 29/2014/QD-TTg on credit program for households, HIV patients, rehabilitated drug abusers, persons undergoing opium replacement therapy, and reformed prostitutes.
average retail price is vnd 1,622.01 per kwh
In accordance with the Decision No. 2256/QD-BCT dated March 12, 2015 of the Ministry of Industry and Trade on electricity price, the average retail price is VND 1,622.01 per kWh (exclusive of VAT) shall be applicable from March 16, 2015 instead of the price of VND 1,508.85 per kWh...
Some new points of Circular 09/2021/TT-NHNN
On 7 July 2021, the State Bank of Vietnam (“SBV”) issued Circular 09/2021/TT-NHNN (“Circular 09”) amending and supplementing a number of articles of Circular 42/2015/TT-NHNN dated 31 December 2015 of the Governor of the State Bank of Vietnam prescribing regulations on open-market operations.
Hereunder are some noteworthy points in Circular...
Social insurance inspectors must have at least 1 year of experience
This is an important content specified at Decree No.21/2016/ND-CP dated March 31, 2016 of the Government on specialized inspection by social insurance agencies of contribution to social insurance, unemployment insurance and health insurance.
To conduct specialized inspection of contribution to social insurance, unemployment insurance and health insurance, inspector must have...
Conditions on issuance of license for establishment of representative offices in vietnam
The Decree No. 07/2016/ND-CP detailing the Trade Law on representative offices, branches of foreign businesses in Vietnam issued by the Government on January 25, 2016; within that, the most important content is that a foreign business can not establish more than one representative office or branch that has the...
THE LIST OF LICENSE-EXEMPT RADIO DEVICES AND ACCOMPANYING TECHNICAL AND OPERATIONAL CONDITIONS
On December 26, 2016, the Ministry of Information and Communications issued the Circular No. 46/2016/TT-BTTTT dated December 26, 2016 of the Ministry of Information and Communications on the List of license-exempt radio devices and accompanying technical and operational conditions.
The List of license-exempt radio devices includes 14 short range devices;...
THE MAXIMUM STATE INVESTMENT LOAN FOR A PROJECT IS 70%
Takes effect on May 15, 2017, the Decree No. 32/2017/ND-CP dated March 31, 2017 of the Government on state investment credit, prescribing that the maximum state investment loan for a project is 70% of the total investment capital of such project (excluding liquid capital).
Also in accordance with this Decree,...
