TO 2020, THE EXPECTED VOLUME OF GAS PRODUCTION IS 11 BILLION M3/YEAR
On January 16, 2017, the Prime Minister issued the Decision No. 60/QD-TTg on approving the plan for development of gas industry of Vietnam by 2025 with the vision to 2035, Invest in development of the gas industry sector with all stages which are organized in a complete and uniform...
Assess the compliance with the tax law
On December 21, 2015, the Ministry of Finance issued the Circular No. 204/2015/TT-BTC providing for application of risk management in tax management including tax registration, declaration, payment, tax debt and enforcement of implementation of administrative decisions on tax, tax refund, tax verification and inspection, creation, printing, issue, management and...
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.
Principles of opening pre-investment accounts of offshore investment activities
On June 29, 2016, the State Bank of Vietnam issued the Circular 12/2016/TT-NHNN guiding the foreign exchange management of offshore investment activities and takes effect August 13, 2016.
In accordance with the regulations of this Decree, after being granted an offshore investment registration certificate, an investor shall open 1 (one)...
Criteria for deflning buffer zones of special-use forests and protection belt
On March 26, 2014, the Ministry of Agriculture and Rural Development issued the Circular No. 10/2014/TT-BNNPTNT on criteria for defining buffer zones of special-use forests and protection belt of marine protected areas[...]
Fail to remit the escrow account within 90 days must pay the late amount
In accordance with the Circular No. 41/2015/TT-BTC dated March 27, 2015 of the Ministry of Finance amending Article 9 of the Circular No. 39/2011/TT-BTC dated March 22, 2011 of the Ministry of Finance on re-arranging and dealing with state owned housing and land. Within 90 days since relevant authorities...
Subject to be under advertisement appraisal
On December 6, 2013, the Ministry of Culture, Sport and Tourism issued Circular No. 10/2013/TT-BVHTTDL on detaliling and guiding implementation of several articles of Law on [...]
New regulation for work permit in Vietnam.
Regarding the new regulation for work permit for foreigner working in Vietnam that takes effect fromNovember 1st 2013, SB Law would like to provide the information as follows[...]
Conditions to apply VAT rate of 0% to exported goods and services
On December 18, 2013, the Government issued Decree No. 209/2013/ND-CP on detailing and guiding implementation of several articles of Law on Value-Added Tax on exported goods and services [...]
REGULATIONS ON GUIDING THE ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACTS
On December 30, 2016, the Ministry of Construction issued the Circular No. 30/2016/TT-BXD on guiding the engineering, procurement and construction contracts (EPC contract).
In accordance with the regulations in this Circular, an EPC contract applies solely to construction projects and contract packages of which execution time is required to be...