TO INCREASE THE IMPORT TAX FOR SYNTHETIC STAPLE FIBERS TO 2%
On August 27, 2015, the Ministry of Finance issued the Circular No. 131/2015/TT-BTC dated August 27, 2015 of the Ministry of Finance amending the preferential import tax rates imposed on synthetic staple fibers of polyesters of HS code 5503.20.00 in preferential import tariff table issued together with Circular No....
INVESTORS IN THE AUCTION TO BUY SHARES IN BLOCKS ARE NOT REQUIRED TO HOLD A PUBLIC PROCUREMENT
Taking effect on the signing date, the Decision No. 41/2015/QD-TTg issued by the Government on September 15, 2015 on selling shares in blocks deals with withdrawal of state capital of unlisted public companies from joint-stock companies that have not been listed or registered on Upcom (Hanoi Stock Exchange), the...
From 2016, issue the citizen’s identity cards instead of identity card
The National Assembly has just passed the Law No. 59/2014/QH13 dated November 20, 2014 decided to issued the citizen’s identity cards for Vietnamese citizens aged full 14 years or older from January 01, 2016.
Citizen’s identity card is a personal paper of a Vietnamese citizen which proves citizen identification of the...
By 2025, To assist 2,000 national innovative starup ecosystem
With the objectives to create a favorable conditions for the development of enterprises that have potentials for rapid growth by utilization of propriety assets, technology and business initiatives, on May 18, 2016, the Prime Minister signed the Decision No. 844/QD-TTg approving the “assistance policies on national innovative startup ecosystem...
imported trees must be monitored from 6 to 12 months
On October 30, 2014, the Ministry of Agriculture and Rural Development issued the Circular No. 33/2014/TT-BNNPTNT providing the order and procedures for plant quarantine upon import, export and transit and post-import quarantine of articles subject to plant quarantine. This Circular applies to Vietnamese and foreign organizations and individuals engaged...
Extension of VAT payment for imported machines with the worthfrom VND 100 billion
This is the content prescribed at the Circular No. 134/2014/TT-BTC dated September 12, 2014 of the Ministry of Finance guiding the procedure for extension of VAT payment and refund for import machines and equipments for investment project’s fix assets.[...]
THE STATE BANK OF VIETNAM SHALL ORGANIZE THE COMMUNICATION DEPARTMENT
From February 17, 2017, organizational structure of the State Bank of Vietnam concludes 26 units, instead of 27 units as before is the important content at Decree No. 16/2017/ND-CP dated February 17, 2017 of the Government defining the functions, tasks, powers and organizational structure of the State Bank of...
The charge for commercial pangasius’s appraisal is 100,000 VND/01 exporting contract
This is the content prescribed at the Circular No. 46/2015/TT-BTC dated April 07, 2015 of the Ministry of Finance providing for the collection rates, regime of collection, remittance, management and use of charges for the appraisal for commercial pangasius.
In accordance with the regulations in this Circular, Organizations, individuals when...
Adjusting the financial management mechanism for vietnam development bank
On April 29, 2016, the Ministry of Finance issued the Circular No. 67/2016/TT-BTC amending; supplementing some contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of financial management mechanism for Vietnam Development Bank.
In particular, after calculating the total actual capital amount as a basis to...
Salaries for employees joint-stock companies with state controlling stakes
In accordance with the Decree No. 53/2016/ND-CP dated June 13, 2016 of the Government regulating on management of employees, salaries, remunerations and bonuses by joint-stock companies with State controlling stakes. Employee salaries are according to payroll budget and the reality, every company shall determine the piece rate for production/business...
