Banking

May borrow loans from commercial banks not exceeding 70% of the total investment

In accordance with the Decree No. 67/2014/ND-CP dated July 07, 2014 of the Government on a number of fisheries development policies, from August 25, owners of fishing ships or fishery logistics ships conducting fisheries activities with efficiency[...]
Hộ nghèo

Reducing the average poverty rate by 1.5%/year

This is one of the economic – social objectives directed by the Prime Minister at the Directive No. 22/CT-TTg on the elaboration of the 05 year socio-economic development plan from 2016 to 2020[...]
photocopying services

Photocopying service establishment must make declaration at least 10 days before operation

A photocopying service establishment shall make declaration to the district-level People’s Committee at least 10 days before operation is the important content at the Decree No. 60/2014/ND-CP dated June 19, 2014 of the Government prescribing printing activities[...]
consult-law

Foreign investor parties in business cooperation contracts in VietNam must open direct investment capital accounts

In accordance with the Circular No. 19/2014/TT-NHNN issued by the State Bank of Vietnam on August 11, 2014 guiding the foreign exchange management of foreign direct investment in Vietnam[...]

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2014, actively cut down on or put off the implementation of payment tasks for purchasing equipment, cars… that are out of date but still be usable[...]

Allowed to clear the loss and gain in the transfer of real estate

On June 18, 2014, the Ministry of Finance issued the Circular No. 78/2014/TT-BTC guiding the implementation of the Government’s Decree No. 218/2013/ND-CP of December 26, 2013, detailing and guiding the implementation of the Law on Enterprise Income Tax (EIT)[...]

The Over-quota import duty rates of un-manufactured tobacco and tobacco refuse of burley is 80%

On June 23, 2014, the Ministry of Finance issued the Circular No. 80/2014/TT-BTC amending and supplementing the Ministry of Finance’s Circular No. 111/2012/TT-BTC of July 4, 2012[...]

Guidance for registering prices

On April 28, the Ministry of Finance issued the Circular No. 56/2014/TT-BTC guiding the Government’s Decree No. 177/2013/ND-CP of November 14, 2013, detailing and guiding the implementation of a number of articles of the Law on Prices[...]

Disposal of security assets must be Informed at least before 7 days

On June 06, 2014, the Joint-ministries of Justice, Natural resources and Environment, the State Bank of Vietnam issued the Joint Circular No. 16/2014/TTLT-BTP-BTNMT-NHNN guiding a number of matters on disposal of security assets.[...]
Casino business

Casino business must have licenses for collection and payment of foreign currency

On July 24, 2014, the State Bank of Vietnam (SBV) issued the Circular No. 15/2014/TT-NHNN guiding the exchange management of the business of prize-winning electronic games for foreigners[...]