Guiding the use of foreign currency’s accounts at authorized banks
In accordance with the Circular No. 16/2014/TT-NHNN dated August 01, 2014 of the State Bank of Vietnam guiding the use of accounts of foreign currency and Vietnamese dong at authorized banks for residents and non-residents[...]
Securities business is allowed to indirectly invest offshore up to 30% ownership
According to Circular No. 105/2016/TT-BTC dated June 29, 2016 of the Ministry of Finance guiding offshore indirect investment activities of securities businesses, funds investing in securities, securities investment companies, insurance businesses, only securities businesses licensed to undertake securities dealing are allowed to invest or undertake offshore indirect investment with...
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...
ASSIST HEALTH INSURANCE IN 2 YEARS FOR HOUSEHOLDS AFFECTED BY MARITIME ENVIRONMENTAL INCIDENT
On January 06, 2017, the Prime Minister issued Decision No. 12/QD-TTg on approving the “scheme for determination of damage, compensation and assistance in business recovery and social security for maritime environmental incident - affected residents in Ha Tinh, Quang Binh, Quang Tri and Thua Thien Hue provinces”
At the Scheme,...
Ensure the cyber information security for the period 2016-2020
Orientation, objectives, duties of cyber information security for the period 2016-2020 approved by the Prime Minister at the Decision No. 898/QD-TTg dated May 27, 2016.
Accordingly, in order Creating the powerful change in awareness of information security and the rate of incidents of cyber information security loss; improving the reputation...
From january 01,2015, increase regional minimum wage levelt
In accordance with the Decree No. 103/2014/ND-CP dated November 11, 2014 of the Government providing stipulating regional minimum wage level for laborers working for enterprises[...]
FROM MARCH 15, TO APPLY THE INTEREST RATE IN NEW REGIME
On December 30, 2016, the State Bank of Vietnam issued the Circular No. 39/2016/TT-NHNN prescribing lending transactions of credit institutions and/or foreign bank branches with customers, takes effect on March 15, 2016.
The most important content is the regulations in Interest rate of loan. A credit institution and its customer...
Change the method of tax calculation for foreign contractors
On August 06, 2014, the Ministry of Finance issued the Circular No. 103/2014/TT-BTC guiding the fulfillment of tax liability of foreign entities doing business in Vietnam or earning income in Vietnam, regulates that the contractor/subcontractor has a permanent establishment in Vietnam or the contractor/subcontractor is a resident of Vietnam[...]
subjects allowed to exit and entry the land border gater
On November 21, 2014, the Government issued the Decree No. 112/2014/ND-CP providing the management of land border gates and replaces the Government’s Decree No.32/2005/ND-CP of Marcy 14, 2005, on the Regulation on Land Border Gates; within that supplement the principles on the subjects allowed to exit and entry the...
36 wastes permitted for import from overseas for use as production materials
On December 19, 2014, the Prime Minister signed the Decision No. 73/2014/QD-TTg providing the list of wastes permitted for import from overseas for use as production materials.
The List includes 36 wastes permitted for import from overseas for use as production materials. Within that gypsum; granulated slag (slag sand) from...
