RATES OF ENVIRONMENTAL PROTECTION CHARGE ON MINERAL EXPLOITATION ARE VND 100,000/TON FOR CRUDE
Takes effect on January 01, 2017, the Decree No. 164/2016/ND-CP dated December 24, 2016 of the Government on environmental protection charge on mineral exploitation prescribing that the rates of environmental protection charge on mineral exploitation are VND 100,000/ton for crude, VND 50/m3 for natural gas and coal seam gas,...
Fire and explosion in surance business must pay for fire prevention and fighting activities
In accordance with the Joint Circular No. 214/2013/TTLT-BTC-BCA dated December 31, 2013 of the Ministry of Finance and the Ministry of Public Security detailing the implementation of some articles of the Decree No. 130/2006/ND-CP dated November 08, 2006 of the Government providing for the compulsory fire and explosion insurance regime[...]
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...
The Over-quota import duty rates of un-manufactured tobacco and tobacco refuse of burley is 80%
On June 23, 2014, the Ministry of Finance issued the Circular No. 80/2014/TT-BTC amending and supplementing the Ministry of Finance’s Circular No. 111/2012/TT-BTC of July 4, 2012[...]
Law on Independent Audit in Vietam.
This Law regulates the principles, conditions, scope, and form of independent audit activities; the rights and obligations of practicing auditors, auditing firms, branches of foreign auditing firms in Vietnam and the units that are audited.
Please see file attached. Law on Independent Audit in Vietam.
Temporary import of animal feeds for re-expor is exempted from quality inspection
December 24, 2014, the Ministry of Agriculture and Rural Development issued the Circular No. 50/2014/TT-BNNPTNT amending and supplementing a number of articles of the Circular No. 66/2011/TT-BNNPTNT dated October 10, 2011 of the Ministry of Agriculture and Rural Development detailing a number of articles of Decree No.08/2010/ND-CP dated 05/02/2010...
Overtime payment on a public holiday is at least 300% of actual hourly wage
This is the content prescribed at the Circular No. 23/2015/TT-BLDTBXH dated June 23, 2015 of the Ministry of Labor, War Invalids and Social Affairs guiding a number of articles on wages of the Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number...
the application of the automatic import licensing regime to a number of fertilizer products
The Ministry of Industry and Trade issued the Circular No.35/2014/TT-BCT dated October 15, 2014 prescribing the application of the automatic import licensing regime to a number of fertilizer products, including urea, whether or not
in aqueous solution; mineral or chemical fertilizers containing the three fertilizing elements, namely nitrogen, phosphorus and...
Many incentives and supports for environmental protection activities
In accordance with the Decree No. 19/2015/ND-CP issued by the Government on February 14, 2015 detailing a number of articles of the Law on Environmental Protection. The State shall provide land- and capital-related incentives and supports; exempt and reduce taxes for environmental protection activities; subsidize prices and support sale...
From 2018, to execute certain building information models (BIM) pilot projects
The Building Information Models (BIM) for facility building and operating management activities approved by the Prime Minister on December 22, 2016 at the Decision No. 2500/QD-TTg.
Accordingly, .with the objectives that through application of BIM, strive to achieve the objective of saving at least 30% of convertible general expenses for...
