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 News

Re-declaration when changing more than 3% by-automobile transportation fare/freight rates

From December 01, 2014, enterprises, cooperatives and business households engaged in by-automobile transportation business or provision of road transportation support services in the Vietnamese territory, re-declaration of fare/freight rates shall be made by units that increase or reduce their fare/freight rates by more than 3% compared to previously declared...

MAY IS THE ACTION MONTH ON OCCUPATIONAL SAFETY AND HYGIENE

According to Circular No. 02/2017/TT-BLDTBXH dated February 20, 2017 of the Ministry of Labor - Invalids and Social Affairs guiding organization of the action month on occupational safety and hygiene, the action Month for occupational safety and hygiene shall be held annually from 01 to 31 of May; the...
Guarantees principles borrow capital from credit institutions for state enterprises

Guarantees principles borrow capital from credit institutions for state enterprises

An enterprise may provide guarantees for its subsidiaries to borrow capital from credit institutions must not exceed the subsidiary’s equity capital is the important contents prescribed at the Law No. 69/2014/QH13 passed by the National Assembly on November 26, 2014. Accordingly, the total value of guarantees provided for a subsidiary...
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...

SUPPLEMENT THE SUBJECTS NOT SUBJECTED TO VALUE-ADDED TAX DECLARATION AND ASSESSMENT

On November 24, 2015, the Ministry of Finance issued the Circular No. 193/2015/TT-BTC dated November 24, 2015 of the Ministry of Finance amending and supplementing the Circular No. 219/2013/TT-BTC dated December 31, 2013 of the Ministry of Finance guiding the implementation of the Law on Value-Added Tax and the...
pháp luật quy định phạt tiienf 50 triệu với hành vi in hóa đơn giả

Printing counterfeit invoices shall be imposed a fine of vnd 50 mil

In accordance with the regulations at the Circular No. 10/2014/TT-BTC guiding the administrative violations sanction on invoices, from March 02, 2013, organizations shall be imposed a fine of between 2,000,000 and 50,000,000 VND on acts of self-printing counterfeit invoices

From march 16, 2017, add more iodine to salt

On January 28, 2016, the Government issue the Decree No. 09/2016/ND-CP providing for food fortification with micronutrients, from March 16, 2017, to add more iodine to salt referred to in paragraph 1 (a) Article 6 hereof to prevent and control goitre, mental retardation and other iodine deficiency disorders. Wheat flour...
treatment by health insurance for hiv

Guiding the medical examination and treatment by health insurance for hiv-positive people

The Ministry of Health issued the Circular No. 15/2015/TT-BYT dated June 26, 2015 guiding the medical examination and treatment by health insurance for HIV-Positive people and people using HIV/AIDS related health care services, prescribing that HIV-positive people having health insurance who receive medical examination and treatment and people having...
Labor Code contents

Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number of the Labor Code’s contents

Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number of the Labor Code’s contents, the employer must pay salary directly, fully and on time for employees. In special cases due to natural disaster, fire or force majeure reasons, the employer may pay salary...