New regulations on preferential policies upon selecting tenderers
On November 26, 2013, the National Assembly approved Law on Bidding No. 43/2013/QH13, which shall take effect fromJuly 1, 2014 and supersede Law on Bidding No. 61/2005/QH11[...]
To 2020, all provinces and cities have bus services
This is the target set up at the plan for renovation of public passenger transport bus services by 2020, issued by the Ministry of Transport on November 04, 2016 at the Decision No. 3446/QD-BGTVT.
In particular, to 2020, operate and plan to operate bus routes in all provinces and direct-controlled...
Invalidating regulations on importation of used machinery, equipment
Facing with many negative reactions from enterprises of construction and agriculture machines and equipments, on August 29, 2014, the Minister of Science and Technology signed the Decision No. 2279/QD-BKHCN invalidating Circular No.20/2014/TT-BKHCN on importation of used machinery, equipment and technological line.[...]
Have right to choose the location of tax payment for export and import goods
The taxpayers directly pay taxes at the State Treasury or at the credit institution is the new content prescribed at the Circular No. 126/2014/TT-BTC dated August 28, 2014 of the Ministry of Finance [...]
Receive 10% of the value of confiscated material evidences and fine payment on announcing administrative violationns
This is the content prescribed at the Circular No. 105/2014/TT-BTC dated August 07, 2014 of the Ministry of Finance amending, supplementing a number of articles of the Circular No. 153/2013/TT-BTC dated October 31, 2013[...]
Not destroy the invoice with incorrect buyer’s name and address
In accordance with the Circular No. 26/2015/TT-BTC dated February 27, 2015 of the Ministry of Finance guiding the value-added tax and tax administration in Decree No. 12/2015/ND-CP on guidelines for the Law on amendments to Laws, Decrees on taxations, and amendments to Circular No. 39/2014/TT-BTC on invoices for goods...
Must having payment of deposits for scraps import
This is the content of the Law No.55/2014/QH13 on Environmental Protection passed by the National Assembly on June 23, 2014.[...]
Charge of VND 01 million for issuance of licenses for setting up representative offices of foreign movie establishments
On November 15, 2016, the Ministry of Finance issued the Circular No. 289/2016/TT-BTC on amounts, collection, payment, management and use of fees and charges in the cinematography.
In accordance with the Circular, the charge for issuance of licenses for setting up branches or representative offices of foreign movie establishments in...
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[...]
Legal Document Updates in English
FINANCE - BANKING
05 CRITERIA FOR RANKING AND POINTS FOR PEOPLE’S CREDIT FUNDS
The State Bank of Vietnam issued the Circular No. 42/2016/TT-NHNN dated December 30, 2016 promulgating on ranking of People’s Credit Funds.
Accordingly, the ranking will be out of 100 points, and it will be allocated for each criteria as...
