legal news

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...
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MAXIMUM CHARGE RATES FOR MOTORCYCLES IS VND 150.000/YEAR

In accordance with the Circular No. 133/2014/TT-BTC dated September 11, 2014 of the Ministry of Finance guiding the collection, payment, management and use of road user charges for vehicles, from November 01, 2014, Under this Circular, the charge rate for bus is VND 180,000/month/bus, similarly cars for carrying people, with...

Decree on Guidelines for Law on Real Estate Trading of Vietnam 2015

This Decree deals with a number of Articles and Clauses of the Law on real estate trading and applies to organizations or individuals conducting or involved in real estate trading in Vietnam. This Decree comes into force from November 1, 2015 and replaces Decree No. 153/2007/ND-CP dated October 15, 2007...
exempt import taxes

From april 01, exempt import taxes of many commodities from japan

On February 14, 2015, the Ministry of Finance issued the Circular No. 24/2015/TT-BTC promulgating Vietnam’s Special Preferential Import Tariff to implement the ASEAN-Japan Comprehensive Economic Partnership Agreement during 2015-2019. Accordingly, applicable from April 1, 2015, through March 31, 2016, to apply the import tax rate of 0% for many commodities....

Must having payment of deposits for scraps import

This is the content of the Law No.55/2014/QH13 on Environmental Protection passed by the National Assembly on June 23, 2014.[...]
Foreigners allowed to brought drive caravans into vietnam

Foreigners allowed to brought drive caravans into vietnam

On June 16, 2015, the Government issued the Decree No. 57/2015/ND-CP amending a number of articles of the Decree No. 152/2013/ND-CP of November 4, 2013, on management of motor vehicles brought into Vietnam by foreign tourists. Firstly, the Decree has supplement the left-hand drive caravans to the objectives allowed to...

Agen shall sell LPG at the prices decided by the principal

Every agent shall sell LPG at the prices decided by the principal, do not receive LPG or bottled LPG that fails to satisfy the quality, volume and requirements for being sold on the market are the important contents prescribed at the Circular No. 03/2016/TT-BCT dated May 10, 2016 of...
the co-operative bank

Co-Operative bank allowed to reschedule debts

On May 20, 2014, the State Bank of Vietnam issued the Circular No. 14/2014/TT-NHNN amending, supplementing a number of Articles of the Regulations on classification of debts, appropriation, setting up and use of reserves for handling credit risks in banking activities of credit institutions
business for households escaping poverty

Support to develop production and business for households escaping poverty

The Prime Minister signed the Decision No. 28/2015/QD-TTg dated July 21, 2015 of the Prime Minister on credit policy for households escaping poverty, prescribing credit loans from the Bank for Social Policies for household escaping poverty to develop production and business in order to have a stable life and...
Pilot procedures for online issuance of certificate of origin

Pilot procedures for online issuance of certificate of origin

On April 24, 2015, the Minister of Industry and Trade signed the Decision No. 4082/QD-BCT on pilot procedures for online issuance of Certificate of Origin. Accordingly, within 03 months from April 24, 2015, the pilot procedures for online issuance of Certificate of Origin are applicable to applications for the Certificate...