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...
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 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...
To lengthen the term for short-term loans by foreign currency
This content is prescribed at the Circular No. 31/2016/TT-NHNN of the State Bank of Vietnam on amending, supplementing a number of articles of the Circular No. 24/2015/TT-NHNN dated December 8, 2015 of the State Bank of Vietnam on foreign currency loans granted to residents by credit institutions and branches...
Industrial park’s managing board allowed to issue the work permit for foreigners
The Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 32/2014/TT-BLDTBXH guiding the authorization for performing a number of tasks of state management of labor in industrial parks, export processing zones, economic zones and hi-tech parks.
Accordingly, district-level People’s Committees shall authorize industrial park management boards to...
Dissolution of vocational education institutions if fails to operate
In accordance with the Law No. 74/2014/QH13 issued by the National Assembly on November 27, 2014, a vocational education institution shall be dissolved when it commits illegal acts causing serious consequences; past the suspension period of its training activities, it fails to solve the problem leading to such suspension;...
From april 01, exempt import taxes of many commodities from japan
On February 14, 2015, the Ministry of Finance issued the Circular No. 24/2015/TT-BTC promulgating Vietnam’s Special Preferential Import Tariff to implement the ASEAN-Japan Comprehensive Economic Partnership Agreement during 2015-2019.
Accordingly, applicable from April 1, 2015, through March 31, 2016, to apply the import tax rate of 0% for many commodities....
Issue notification of classification results is within 5 working days
This is the content prescribed at the Circular No. 14/2015/TT-BTC dated January 30, 2015 of the Ministry of Finance guiding the classification, analysis for classification; analysis for quality inspection and food safety inspection of exports and imports.
Accordingly, within 5 working days, or 20 working days in case the analysis...
From july 01, 2016, the driver must print the bill
From July 01, 2016, taxi must have the printing equipment connected with the taximeter; the driver must print the bill and hand it to passenger is the important content at the Decree No. 86/2014/ND-CP of the Government business and transportation business’s conditions for car.[...]
To annul the planning licensing procedure for land-using investment projects
Not to require investors to carry out the planning licensing procedure; contents of the planning license must be shown right in the result of settlement of the procedure of approving the investment policy is the task that the Government emphasized at the Resolution No. 43/NQ-CP dated June 06, 2014[...]
