Reduce interest rate of loan’s outstanding balance for house assistance to 5% per annum
On January 02, 2014, the State Bank of Bank issued the Decision No. 21/QD-NHNN providing the interest rate of commercial bank applied in 2014 for loan’s outstanding balance for house assistance in accordance with the Circular No. 11/2013/TT-NHNN date May 15, 2013[...]
Depositors are paid within 25 days after bank’s bankruptcy
On September 06, 2014, the State Bank of Vietnam issued the Circular No. 24/2014/TT-NHNN guiding some contents in deposit insurance and this Circular is applied to the subjects such as the Deposit Insurance of Vietnam.[...]
Law on Credit Institutions of Vietnam 2010
Law on Credit institutions of Vietnam 2010 , No. 47/2010/QH12, was passed on June 16, 2010, by the XIIth National Assembly of the Socialist Republic of Vietnam[....]
Guidance for registering prices
On April 28, the Ministry of Finance issued the Circular No. 56/2014/TT-BTC guiding the Government’s Decree No. 177/2013/ND-CP of November 14, 2013, detailing and guiding the implementation of a number of articles of the Law on Prices[...]
VAT rate for unprocessed processed cultivation, husbandry or quatic products
On June 26, 2014, the Ministry of Finance issued the Circular No. 83/2014/TT-BTC guiding the application of value-added tax according to Vietnam’s list of imports; within that the most important content is the VAT rate applicable to unprocessed or preliminarily processed cultivation, husbandry or aquatic products, and fresh or raw foods at the stage of trading.[...]
Not required to be implement the inspection conclusions pending instructions
On March 27, 2014, the Government issued the Decree No. 33/2015/ND-CP prescribing the implementation of inspection conclusions, within that, the inspection conclusions shall be strictly abided by inspected subjects and related agencies, organizations and individuals, the implementation of inspection conclusions shall be supervised, urged and examined by competent state...
Adjusting the financial management mechanism for vietnam development bank
On April 29, 2016, the Ministry of Finance issued the Circular No. 67/2016/TT-BTC amending; supplementing some contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of financial management mechanism for Vietnam Development Bank.
In particular, after calculating the total actual capital amount as a basis to...
AGRICULTURAL ENTERPRISES SHALL BE SUPPORTED WITH VND 1 MILLION/M2 IN BUILDING FACTORY
In accordance with the Circular No. 05/2014/TT-BKHDT issued by the Ministry of Planning and Investment on September 30, 2014 guiding the implementation of the Government’s Decree No. 210/2013/ND-CP of December 19, 2013, on incentive policies for enterprises investing in agriculture and rural areas. Enterprises may select the compliance with...
Fees for processing of applications for the license to use industrial explosives is VND 5 million
Any organizations applying for the license to use industrial explosives granted by competent state authorities must pay the fees for processing of applications for the license to use industrial explosives must pay between VND 2 million – VND 5 million depending on different purpose.
The fee for processing of application...
All citizens are treated equal in exercising their right of access to information
Takes effect on July 01, 2018, the Law No. 104/2016/QH13 on information access passed on April 06, 2016 prescribes that all citizens are treated equal and not discriminated in exercising their right of access to information, the Government grants favorable opportunities for the disabled and those who reside in...
