The ratio of equity of an investor’s public-private partnership

The ratio of equity of an investor’s public-private partnership

In accordance with the Decree No. 15/2015/ND-CP dated February 14, 2015 of the Government On investment in the form of public-private partnership. The ratio of equity of an investor must not be lower than 15% of the total investment capital. For a project capitalized at over VND 1,500 billion,...
Hanoi: The maximum condominiums price is VND 16.000

Hanoi: The maximum condominiums price is VND 16.000

This is the content at the Decision No. 3185/QD-UBND dated June 16, 2014 of the People’s Committee of Hanoi on the service charge scale of condominiums in Hanoi [...]

TO ANNUL A NUMBER OF FEES IN VETERINARY SERVICES

The Ministry of Finance issued the Circular No. 113/2015/TT-BTC dated August 07, 2015 amending a number of articles of the Circular No. 04/2012/TT-BTC dated January 05, 2012 of the Ministry of Finance providing for the collection, payment, management and use of fees and charges in veterinary services. Accordingly, from August...
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...

Prohibit selling a drug at a price higher than its declared or posted price

From January 01, 2017, to prohibit to sell a drug at a price higher than  its  declared or  posted price;  Manufacturing, preparing or selling traditional drugs combined with pharmaceutical ingredients without permission of a competent  state  management  agency,  providing information,  advertising,  marketing,  making  prescriptions for, providing consultations on, labeling...
Fine of for failing to pay the charge of forest environmental service

Fine of vnd 100,000 million for failing to pay the charge of forest environmental service

This is one of the important content of the Decree No. 40/2015/ND-CP dated April 27, 2015 of the Government amending and supplementing a number of articles of the Decree No. 157/2013/ND-CP dated November 11, 2013 of the Government on penalties for administration violations on regulations of forest management, development,...
Deposit interest rate

Deposit interest rate and payment of deposit interest rate for outsourcers

On December 11, 2014, the State Bank of Vietnam issued the Circular No. 40/2014/TT-NHNN guiding the payment and management of outsourcer’s deposits. In accordance with regulations prescribed in this Circular, when an outsourcer wishes to pay a deposit into its account at a bank, the depositary bank and the outsourcer...

ALLOWED TO SELL DUTY-FREE GOODS ON THE FLIGHT TO VIETNAM

The Prime Minister has just signed the Decision No. 39/2015/QD-TTg dated September 11, 2015 of the Prime Minister on amending and supplementing a number of articles of the duty-free trade issued with the Decision No. 24/2009/QD-TTg dated February 17, 2009 of the Prime Minister promulgating the Regulation on trading...

Learn Universal Life Insurance Policies

In accordance with the Circular No. 52/2016/TT-BTC of the Ministry of Finance dated March 21, 2016 guiding the provision of universal life insurance products, an insurer must satisfy the following conditions such as its solvency margin is at least VND 100 billion larger than the minimum solvency margin; having...

General construction plan for the southeast Quang Tri economic zone

On October 11, 2016, the Prime Minister issued the Decision No. Decision No. 1936/QD-TTg on approving the general construction plan for the southeast Quang Tri economic zone in Quang Tri province by 2035, with a vision towards 2050. The planned area of the Southeast Quang Tri Economic Zone is 23,792...