ibefore february 02, 2015, publishing land exemption, reduction
The Ministry of Finance issued the Circular No. 156/2014/TT-BTC dated October 23, 2014 amending and supplementing a number of articles of the Ministry of Finance’s Circular No. 135/2008/TT-BTC of December 31, 2008, guiding the implementation of the Government’s Decree No. 69/2008/ND-CP of May 30, 2008, on incentive policies for...
ADJUSTMENTS ON COMPULSORY RESERVES APPLICABLE TO CREDIT INSTITUTIONS
On December 04, 2015, the State Bank of Vietnam issued the Circular No. 23/2015/TT-NHNN dated December 04, 2015 of the State Bank amending, supplementing a number of articles of the Decree No. 581/2003/QD-NHNN dated June 09, 2003 of the State Bank Governor promulgating the regulation on compulsory reserves applicable...
Procedures of declaring value added tax for foreign contractors
On February 11, 2015, the Ministry of Finance signed the Decision No. 274/QD-BTC on publishing amendments and supplements of administrative procedures in the tax management under the Ministry of Finance’s authority.
Under this Decision, procedures of declaring tax for foreign contractors, foreign sub-contractors paying value added tax according to the...
The fee of issuance or renewal of a certificate of multi-level marketing is VND 5 million/application
In accordance with the Circular No. 156/2016/TT-BTC dated October 21, 2016 of the Ministry of Finance on providing for fees for processing of application for the certificate of multi-level marketing, collection, transfer and management thereof, applies to enterprises applying for issuance, replacement, addition or renewal of the certificate of...
Exemption from national occupational skills assessment for winners at a national vocational skills competition
A person who has won the first, second or third prize at a national vocational skills competition is entitled to recognition and grant of a certificate of national occupational skills of level 2 in the occupation in which he/she has won the prize is the content prescribed at the...
To increase on regional minimum wage from January 01, 2017
On November 14, 2016, the Government issued the Decree No. 153/2016/ND-CP dated November 14, 2016 of the Government providing on regional minimum wage rates applied to employees working under an employment contract, takes effect on January 01, 2017.
Accordingly, the regional minimum wage rate applied to employees working for enterprises...
Exempt electricity activity permit for generating electricity
On May 29, 2015, the Ministry of Industry and Trade issue the Circular No. 10/2015/TT-BCT providing the order and procedure for issue, revocation and duration of electricity activity permit, within that, the most important content is on exemption from electricity activity permit.
Accordingly, beside the case of exempting the electricity...
Allowed to submit the copies on granting for establishing banks
This is the new content prescribed at the Circular No. 08/2015/TT-NHNN dated June 30, 2015 of the State Bank of Vietnam amending, supplementing a number of Articles of the Circular No. 40/2011/TT-NHNN dated December 15, 2011 of the State Governor of Vietnam regulating on licensing and organizations, operations of...
TO EXEMPT FROM REGISTRATION FEE FOR CLEAN-ENERGY OPERATED PUBLIC TRANSPORT BUSES
This is one of the most important contents prescribed at the Circular No. 140/2015/TT-BTC dated September 03, 2015 of the Ministry of Finance amending and supplementing a number of articles of the Circular No. 124/2011/TT-BTC dated August 31, 2011 of the Ministry of Finance guiding registration fee.
Accordingly, besides some...
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...
