Guidelines for payment deducting of trade union fee

On November 21, 2013, the Government issued Decree No. 191/2013/ND-CP detailing on Trade- Union Finance[...]

To regulate the grant charge of mineral exploitation right

According to Decree No. 203/2013/ND-CP dated November 28, 2013 of the Government on defining the method of calculation and grant charge of mineral exploitation right on which the grant charge of the mineral exploitation right (R) is defined according to group, kind of minerals valued at between 1% and...

To dissolve foreign invested enterprises which don’t make re-registration of operation before February 1.2014

On November 21, 2013, the Government promulgated Decree No.  194/2013/ND-CP on the re-registration, transformation of foreign-invested enterprises and renewal of investment license of investment projects under form of business cooperation contract  Accordingly, a foreign-invested enterprise already granted investment license before July 01, 2006, may decide on its re-registration, transformation of...

Shareholding percentage of a foreign organization shall not exceed 15% of a Vietnamese credit institution’s charter capital

This is one of remarkable point in Decision No. 01/2014/ND-CP dated January 3, 2014 of the Government on foreign investors’ share purchase from Vietnamese credit institutions Accordingly, shareholding percentage of a foreign individual shall not exceed 5% of charter capital of a Vietnamese credit institution and shareholding percentage of a...

To reduce the ratio of poor households by 1.5% to 2% by 2015

This is one of important points prescribed in Solution No. 53/2013/QH13 dated November 11, 2013 of the 13th National Assembly on socio- economic development plan in 2014 In the next two years 2014- 2015, the National Assembly asks the Government to focus on shortcomings and weaknesses; to stabilize and restructure...

Procedures and dossiers to register Vietnam Green Label Certification

According to Circular No. 41/2013/TT-BTNMT dated December 2, 2014 of the Ministry of Natural Resources and Environment, eco-label criteria applied for environment- friendly products [...]

Cases making non-cash payments

On December 31, 2013, the Government issued the Decree No. 222/2013/ND-CP of the Government providing for cash payment; of which, one of the most significant points is regulation on cases making non-cash payments[...]

Principles to deal with 100% State-owned charter capital

On December 9, 2013, the Government promulgated Decree No. 206/2013/ND-CP on management of debts of enterprises with 100% State-owned charter capital[...]

To reduce 50% of personal income tax for staffs working in border-gate economic zones

On November 26, 2013, the Prime Minister promulgated Decision No. 72/2013/QD-TTg, prescribing mechanisms and financial policies applicable to border-gate economic zones, which regulates that Vietnamese and foreigners directly working or involved in production and business activities [...]

Cadres and civil servants will take 9 days off on Lunar New Year 2014

On December 12, 2013, the Government Office promulgated Official dispatch No. 10525/VPCP-KGVX on regulating the Tet holidays and change of weekend in 2014 holidays for cadres, civil servants and staffs. [...]