Guides on declaration of value-added tax and incentives for projects manufacturing supporting industry products

On February 05, 2016, the Ministry of Finance issued the Circular No. 21/2016/TT-BTC guiding on declaration of value added tax and priorities of enterprise income tax as stipulated under the Decree No. 111/2015/ND-CP dated November 03, 2015 on development of supporting industries. Accordingly, for tax payers being organizations manufacturing supporting...
sign up the auction of national reserve commodities

Prepay up to 15% when sign up the auction of national reserve commodities

In accordance with the Circular No. 89/2015/TT-BTC dated June 11, 2015 of the Ministry of Finance guiding warehouse, delivery, purchasing and selling of national reserve commodities, persons who sign up the auction shall be provided with information, documents related to commodities to be auctioned; must pay for the fee...

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...

Applying anti-dumping measures on certain cold-rolled stainless steel coils or plates

This is the content at the Decision No. 7896/QD-BCT dated September 05, 2014 of the Ministry of Industry and Trade on applying anti-dumping measures.[...]
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...
APPROVAL PROCEDURE FOR ACTIVITIES OF EXPORT, IMPORT OF FOREIGN CURRENCY IN CASH

Approval procedure for activities of export, import of foreign currency in cash

On December 26, 2013, the Vietnam State Bank issued the Circular No. 33/2013/TT-NHNN providing guidelines upon approval procedure for activities of export, import of foreign currency in cash of permitted banks. Under this Circular, commercial banks, branches of foreign banks permitted that have demand on export and import of foreign...

Hanoi has scheme on 8 rapid bus routes

In order to develop the infrastructure traffic network which is synchronous, sustainable, modern, accessible, convenient and meet the travel needs of people and be of environmental friendliness, the Prime Minister signed the Decision No. 519/QD-TTg approving the transportation planning of Hanoi Capital by 2030, with a vision to 2050,...

The detailed planning for seaports in the middle central vietnam (group 3)

On July 29, 2016, the Minister of Ministry of Transport issued Decision No. 2369/QD-BGTVT approving the detailed planning for seaports in the Middle Central Vietnam (Group 3) by 2020 and the orientation towards 2030, includes seaports of following coastal provinces: Quang Binh, Quang Tri, Thua Thien Hue, Da Nang,...

THE CARRIER MAY SELL CARGO IF THERE IS NO CONSIGNEE AT AUCTION

In accordance with the Decree No. 169/2016/ND-CP dated December 27, 2016 of the Government on handling of cargo retained by carriers at Vietnamese seaports. Within 60 days from the day on which the vessel arrives at the port for delivery, if there is no consignee or the consignee fails...

Conditions for sports business

On July 01, 2016, the Government issued the Decree No. 106/2016/ND-CP prescribing conditions for sports business. Accordingly, a sports business establishment must have sports physical foundations and equipment satisfying requirements of sports set by the Minister of Culture, Sports and Tourism; have financial sources ensuring the sports business. These financial...