Subjects allowed to use foreign exchange within Vietnam’s territory
On December 26th 2013, the State Bank of Vietnam issued Circular No. 32/2013/TT-NHNN on guiding the implementation of regulations on restricting the use of foreign exchange within the territory of Vietnam and residents are allowed to contribute capital in foreign currency by transfer in order to perform foreign investment projects in Vietnam. [...]
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...
Charge of VND 01 million for issuance of licenses for setting up representative offices of foreign movie establishments
On November 15, 2016, the Ministry of Finance issued the Circular No. 289/2016/TT-BTC on amounts, collection, payment, management and use of fees and charges in the cinematography.
In accordance with the Circular, the charge for issuance of licenses for setting up branches or representative offices of foreign movie establishments in...
Conditions for food safety assurance for production establishments
On December 18, 2014, the Ministry of Industry and Trade issued the Circular No. 54/2014/TT-BCT prescribing the conditions for food safety assurance for processed milk production and trading establishments.
Accordingly, processed milk production establishments must have the production site to be built under the current master plan approved by a...
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...
FROM MARCH 15, TO APPLY THE INTEREST RATE IN NEW REGIME
On December 30, 2016, the State Bank of Vietnam issued the Circular No. 39/2016/TT-NHNN prescribing lending transactions of credit institutions and/or foreign bank branches with customers, takes effect on March 15, 2016.
The most important content is the regulations in Interest rate of loan. A credit institution and its customer...
Support policies for the projects of social house’s development
In accordance with the Decree No. 188/2013/ND-CP on developing and managing social houses, the projects of social house’s development shall have some consistent incentives on land, tax or investment.
In particular, the area of land within the approved project is exempt from land levies and land rent; eligible for preferential...
Principles on task allocation among regulatory agencies in food safety management
On April 09, 2014, Joint-ministries of Health, Agriculture and Rural Development, Industry and Trade issued the Joint Circular 13/2014/TTLT-BYT-BNNPTNT-BCT on allocation of tasks and cooperation among regulatory agencies in food safety management,
establishing thematic maps and geographical atlases must subject to licensing
The Government has just issued the Decree No. 45/2015/ND-CP dated May 06, 2015 on topographic and cartographic activities in the mainland, on islands, archipelagoes and sea areas, under the ground and in the space of the Socialist Republic of Vietnam, to issue List of 14 topographic and cartographic services...
To reduce pit of individuals working in the IT industry by 50%
This is one of the most important solutions on tax incentives for developing and applying information technology in Vietnam issued with the Resolution No. 41/NQ-CP dated May 26, 2016 of the Government.
In particular, beside the policy that personal income tax on salary-based and wage-based incomes of individuals working in...
