Principles to deal with 100% State-owned charter capital
On December 9, 2013, the Government promulgated Decree No. 206/2013/ND-CP on management of debts of enterprises with 100% State-owned charter capital[...]
Requirements on building material management
Takes effect on May 26, 2916, the Decree No.24a/2016/ND-CP dated April 05, 2016 of the Government on building material management, emphasizes that activities of trading in building materials should conform with regulations of the law on commerce and meet many other requirements.
In particular, Shops, outlets or supermarkets trading in...
Fee for verification of conditions for a commercial arbitration center establishment 3 million/time
On November 10, 2016, the Ministry of Finance issued Circular No. 222/2016/TT-BTC on the rate, collection, submission, administration and use of the fees for verification of criteria and conditions for the practice of commercial arbitration.
Accordingly, fee for verification of criteria and conditions for the establishment of a commercial arbitration...
Development of infrastructure
On September 06, 2016, the Prime Minister issued the Decision No. 1734/QD-TTg on granting approval for project “Policies on synchronous development of infrastructure in the country, linking domestic infrastructure development with regional infrastructure networks”.
At this project, the Prime Minister asked Ministries, Ministerial-level agencies and related agencies focus on the...
VAMC MUST REPORT BAD DEBTS BEFORE 02 OF MARCH BEFORE THE FINANCIAL YEAR
Takes effect on February 15, 2017, the Circular No. 33/2016/TT-NHNN dated December 27, 2016 of the State Bank of Vietnam on ratios of revenues of asset management company of Vietnamese credit institutions to bad debts bought with special bonds.
At the Circular, the State Bank of Vietnam prescribes not later...
Procedures of declaring value added tax for foreign contractors
On February 11, 2015, the Ministry of Finance signed the Decision No. 274/QD-BTC on publishing amendments and supplements of administrative procedures in the tax management under the Ministry of Finance’s authority.
Under this Decision, procedures of declaring tax for foreign contractors, foreign sub-contractors paying value added tax according to the...
From july 01, 2017, increase base salary to vnd 1.3 million/month
This is one of tasks of Government at Resolution No. 27/2016/QH14 dated November 11, 2016 of the National Assembly on state budget estimates of 2016.
In particular, the National Assembly requested the Government to direct the conduct and implementation of laws on tax and promptly provide guidance on the conversion...
From 2015, households must apply for health insurance
In accordance with the Law No. 46/2014/QH13 passed by the eighth National Assembly of the Socialist Republic of Vietnam in the 7th Conference on June 13, 2014 amending the Law on Health Insurance[...]
PRICE FOR SOLAR ELECTRIC IS 2,086 VND/KWH
This is the most important content in Decision No. 11/2017/QD-TTg dated April 11, 2017 of the Prime Minister on mechanism for encouragement of development of solar power in Vietnam (Solar power project is a project to generate electric power by using solar panel to convert energy from the sun...
Duty-free allowances for luggage whose total customs value does not exceed VND 10 million
In accordance with the Decree No. 134/2016/ND-CP dated September 01, 2016 of the Government on guiding the Law on Export and Import duties, each time a person immigrates under a passport or a passport substitute (except for laissez-passers) issued by a Vietnamese authority or foreign authority, he/she shall be...
