To increase on regional minimum wage from January 01, 2017

On November 14, 2016, the Government issued the Decree No. 153/2016/ND-CP dated November 14, 2016 of the Government providing on regional minimum wage rates applied to employees working under an employment contract, takes effect on January 01, 2017. Accordingly, the regional minimum wage rate applied to employees working for enterprises...
reserves of foreign exchange

New regulations on the management of state foreign exchange reserves

On May 20, 2014, the Government issued the Decree No. 50/2014/ND-CP on the management of State foreign exchange reserves.

Business households employ more than 10 regular employees have a fine to vnd 5 million

    This  is  one of  the important content sprescribed at the Decree No. 50/2, 2016 of the Government  on   penalties   for   administrative  violations against  regulations  on  planning  and  investment,  takes effect on July 15, 2016. In particular, from July 15, 2016, business households employ more than 10 regular...

Duty-free allowances for luggage whose total customs value does not exceed VND 10 million

In accordance with the Decree No. 134/2016/ND-CP dated September 01, 2016 of the Government on guiding the Law on Export and Import duties, each time a person immigrates under a passport or a passport substitute (except for laissez-passers) issued by a Vietnamese authority or foreign authority, he/she shall be...

TO APPLY 0% APPLIES TO RICE AND DRIED TOBACCO OF CAMBODIAN ORIGIN

On December 05, 2016, the Ministry of Industry and Trade issued the Circular No. 28/2016/TT-BCT providing for importation according to tariff quota of 2016 and 2017 with special preferential import duty rate of 0% applicable to goods of Cambodian origin. In particular, in 2017, The import tariff quota with the...
legal-update

Not requires to be implement the inspection conclusions pending instructions

Smuggling, illegal transport of goods across the border, trade frauds and counterfeits remain complicated with sophisticated trickeries associated with corruption causing loss to state budget and natural resources, imposing negative impacts on environment of investment, trading and international integration..On June 09, 2015, the Government issued the Resolution No. 41/NQ-CP...
regional standards in agriculture

Apply international standards, regional standards in agriculture

In order To step by step harmonize national standards and technical regulations with regional and international standards, on February 14, 2015, the Ministry of Agriculture and Rural Development issued the Circular No. 07/2015/TT-BNNPTNT guiding the adoption of international standards, regional standards and foreign standards in activities managed by The...
Import of used ships for dismantlement must have at least vnd 50 billion

Import of used ships for dismantlement must have at least vnd 50 billion

According to the Decree No. 114/2014/ND-CP dated November 26, 2014 of the Government on subjects eligible and conditions for licensed import and dismantlement of used ships, a used ship imported for dismantlement shall be brought to a ship dismantlement establishment within 30 days after customs formalities are completed and...

Disposal of security assets must be Informed at least before 7 days

On June 06, 2014, the Joint-ministries of Justice, Natural resources and Environment, the State Bank of Vietnam issued the Joint Circular No. 16/2014/TTLT-BTP-BTNMT-NHNN guiding a number of matters on disposal of security assets.[...]
From 2016, issue the citizen's identity cards instead of identity card

From 2016, issue the citizen’s identity cards instead of identity card

The National Assembly has just passed the Law No. 59/2014/QH13 dated November 20, 2014 decided to issued the citizen’s identity cards for Vietnamese citizens aged full 14 years or older from January 01, 2016. Citizen’s identity card is a personal paper of a Vietnamese citizen which proves citizen identification of the...