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...
issue only one auto payment for one account at one bank
In accordance with the Circular No. 39/2014/TT-NHNN dated December 11, 2014 of the State Bank of Vietnam guiding on payment intermediary service, Providers of auto payment are not allowed to issue only one time for auto payment for one account at one bank from March 01, 2015.
Also in accordance...
Guides on declaration of value-added tax and incentives for projects manufacturing supporting industry products
On February 05, 2016, the Ministry of Finance issued the Circular No. 21/2016/TT-BTC guiding on declaration of value added tax and priorities of enterprise income tax as stipulated under the Decree No. 111/2015/ND-CP dated November 03, 2015 on development of supporting industries.
Accordingly, for tax payers being organizations manufacturing supporting...
Conditions on issuance of license for establishment of representative offices in vietnam
The Decree No. 07/2016/ND-CP detailing the Trade Law on representative offices, branches of foreign businesses in Vietnam issued by the Government on January 25, 2016; within that, the most important content is that a foreign business can not establish more than one representative office or branch that has the...
STATE ENTERPRISES NOT ALLOWED IN REAL ESTATES AND SECURITY
This content prescribed at the Decree No. 91/2015/ND-CP of the Government on October on investment of state capital in enterprises and management and use of capital and assets at enterprises, takes effect on December 01, 2015.
In particular, state enterprises may use assets and capital under their management and use...
PREFERENTIAL TREATMENT IN EDUCATION FOR CHILDREN OF PEOPLE DEVOTE TO THE REVOLUTION
On September 28, 2015, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 36/2015/TT-BLDTBXH guiding the application and procedures for preferential treatment in education for people devote to the revolution and their children, including, any children of people meritorious to the revolution who is studying...
Container not checked on schedule shall be suspended
This is required by the Ministry of Transport under the Circular No. 49/2014/TT-BGTVT dated October 15, 2014, on safety inspection of containers carried through Vietnam ports[...]
To 2020, Vietnam basically become an industrial country
With the objects to build and develop the supporting industry to ensure the implementation of target by 2020 to make Vietnam basically become an industrial country having products of supporting industry with high competitiveness[...]
Not carry out procedures for investment registration for domestic investment projects
On November 26, 2014, the National Assembly approved the Law No. 67/2014/QH13 on Investment with many new contents that have strong effects on domestic and foreign investors. First of all, the Law regulated that only investment projects of foreign investors and economic organizations having 51% or more of their ...
Fees for granting the certificate performing the technical inspection on labor safety
From July 15, 2014, charges for the first time issuance, re-issuance of the certificate being qualified for performing the technical inspection on labor safety expired and charge for amending, supplementing; reissuing the certificate being qualified for performing the technical inspection on labor safety lost or damaged is 200,000 VND/paper and 150,000 VND/paper respectively[...]
