STANDARD CONSTRUCTION CONSULTING COSTS

On February 15, 2017, the Ministry of Construction issued the Decision No. 79/QD-BXD on standard project management and construction consulting costs. The most important content is the standard construction consulting costs; the construction consulting costs are used for determination of costs of consulting works in the total investment and construction...

GUIDING THE DEPRECIATION OF ASSETS BEING HOUSES USED FOR DOING BUSINESS AND SALE

On April 12, 2017, the Ministry of Finance issued Circular No. 28/2017/TT-BTC amending and supplementing a number of articles of the Circular No. 45/2013/TT-BTC dated April 25, 2013 and the Circular No. 147/2016/TT-BTC dated October 13, 2016 guiding the management, use and depreciation of fixed assets. According to this Circular,...
export tax

Increase the export tax rates applicable to gold jewelry, goldsmiths’ wares by 2% from may 07, 2015

On March 23, 2015, the Ministry of Finance issued the Circular No. 36/2015/TT-BTC dated March 23, 2015 amending the export tax rates applicable to gold jewelry, goldsmiths’ wares and other golden articles in subheadings 71.13, 71.14, 71.15 of export tax schedule. Accordingly, from May 07, 2015, the export tax rates...

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...

Allowed to change the land use purpose from agricultural land to residential land for resettlement

The Ministry of Natural Resources and Environment has just issued the Circular No. 37/2014/TT-BTNMT dated June 30, 2014 detailing compensation, support and resettlement upon land recovery by the State.[...]

Subjects under foreign currency loans policy in 2014

On December 6, 2013 the State Bank of Viet Nam issued Circular No. 29/2013/TT-NHNN, stipulating on provision of foreign currency loans of the credit institutions and foreign banks’s branches with customers being residents. [...]
Credit institution must adjust the excessive

Credit institution must adjust the excessive share ownership rate before 2016

Credit institutions coordinates with shareholders, groups of shareholder related to share ownership to set up remedial plans for owning excessive shares , to make sure that no later than December 31, 2015 the share ownership rate of shareholders, group of related shareholders in credit institutions shall comply with the...
Collecting and processing information

Collecting and processing information about labor supply and demand on july 1 of the same year

On July 24, 2015, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 27/2015/TT-BLDTBXH guiding for collecting, archiving and synthesizing the information of labor market, defining that the time for collecting and processing information about labor supply and demand on is 30 days and from...
The electricity retail tariff is from 0-50 kWh is 92% of the average price

The electricity retail tariff is from 0-50 kWh is 92% of the average price

On April 07, 2014, the Prime Minister signed the Decision No. 28/2014/QD-TTg on structure of electricity retail tariff. In particular, this Decision regulates that the electricity retail price for domestic purposes include 6 levels, from 0 – 50 kWh is 92%; from 51 – 100 kWh is 95% [...]

RATES OF ENVIRONMENTAL PROTECTION CHARGE ON MINERAL EXPLOITATION ARE VND 100,000/TON FOR CRUDE

Takes effect on January 01, 2017, the Decree No. 164/2016/ND-CP dated December 24, 2016 of the Government on environmental protection charge on mineral exploitation prescribing that the rates of environmental protection charge on mineral exploitation are VND 100,000/ton for crude, VND 50/m3 for natural gas and coal seam gas,...