Legal updated

NEW REGULATIONS ON BANK TRANSFER CONFIRMATION

03/12/2016 - TAX – FEE - CHARGE

On October 28, 2016, the Ministry of Finance issued the Circular No. 173/2016/TT-BTC on amending and supplementing the first paragraph of clause 3 Article 15 of Circular No. 219/2013/TT-BTC by the Ministry of Finance (am...

TAXABLE PRICE OF NATURAL WATER USED FOR HYDROELECTRICITY GENERATION

03/12/2016 - TAX – FEE - CHARGE

On October 28,2016, the Ministry of Finance issued the Circular No. 174/2016/TT-BTC on amending and supplementing point a Clause 4 Article 6 of Circular No. 152/2015/TT-BTC dated October 02, 2015 by the Ministry of Finan...

TO INCREASE FEES FOR ISSUANCE OF THE LICENSE TO PROVIDE INTERNATIONAL TRAVEL SERVICES

03/12/2016 - TAX – FEE - CHARGE

This is the new content prescribed by the Circular No. 177/2016/TT-BTC issued by the Ministry of Finance on November 01, 2016 providing for fees for issuance of the license to provide international travel services, fees...

TO FINE TO VND 100 MILLION IF NON-PUBLIC OFFERING OF STOCKS FAILING TO APPLY FOR SECURITIES

26/11/2016 - ADMINISTRATIVE

This is one of the important contents prescribed at the Decree No. 145/2016/ND-CP dated November 01, 2016 of the Government on amending the Government’s Decree No. 108/2013/ND-CP dated September 23, 2013 on penalties for...

TO SUPPLEMENT GOODS AND SERVICES SUBJECT TO PRICE DECLARATION

26/11/2016 - COMMERCE

On November 11, 2016, the Government issued the Decree No. 149/2016/ND-CP amending, supplementing a number of articles of the Decree No. 177/2013/ND-CP dated November 14, 2013 of the Government detailing and guiding a nu...

TO 2025, EVERY HOUSEHOLD SHALL BE GIVEN SUPPORT TO DEVELOP PRODUCTION

26/11/2016 - SECURITIES

In order to maintain, develop and enhance the position of the sparse ethnic minorities; lessen and eradicate poverty, ameliorate sustainably the material and spiritual life of the compatriots in order to narrow the growt...

MANAGEMENT AND UTILIZATION OF THE SOFTWARE FOR AGGREGATION OF DATA ON LAND TRANSPORT INFRASTRUCTURE ASSET INVENTORY

26/11/2016 - FINANCE - BANKING

On October 25, 2016, the Ministry of Finance issued the Circular No. 158/2016/TT-BTC on the management and utilization of the software for aggregation of data on land transport infrastructure asset inventory.

TO CLASSIFY PAY SCALE AND PAYROLL IN STATE SECURITIES TRADING ORGANIZATION

26/11/2016 - LABOR - SALARY

Takes effect on December 10, 2016, the Circular No. 31/2016/TT-BLDTBXH dated October 25, 2016 on management of employees, salary, remuneration and bonus by organizations that are incorporated and operate as wholly state-...

PRINCIPLES OF OPENING PRE-INVESTMENT ACCOUNTS OF OFFSHORE INVESTMENT ACTIVITIES

18/11/2016 - INVESTMENT

On June 29, 2016, the State Bank of Vietnam issued the Circular 12/2016/TT-NHNN guiding the foreign exchange management of offshore investment activities and takes effect August 13, 2016.

FEES FOR FLIGHTS OVER THE VIETNAM’S AIRSPACE

18/11/2016 - TAX – FEE - CHARGE

On October 06, 2016, the Ministry of Finance issued the Circular No. 146/2016/TT-BTC dated October 06, 2016 of the Ministry of Finance providing for fees for flights over the Vietnam’s airspace and the collection, transf...

FEES FOR PROCESSING OF APPLICATIONS FOR THE LICENSE TO USE INDUSTRIAL EXPLOSIVES IS VND 5 MILLION

18/11/2016 - TAX – FEE - CHARGE

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 betwee...

FEES FOR ISSUANCE OF THE LICENSE FOR ESTABLISHMENT OF A BANK IS VND 140 MILLION/LICENSE

18/11/2016 - TAX – FEE - CHARGE

This is the important content prescribed at the Circular No. 150/2016/TT-BTC dated October 14, 2016, providing for fees for issuance of license for establishment and operation of credit institutions; license for establis...

THE FEE OF ISSUANCE OR RENEWAL OF A CERTIFICATE OF MULTI-LEVEL MARKETING IS VND 5 MILLION/APPLICATION

18/11/2016 - TAX – FEE - CHARGE

In accordance with the Circular No. 156/2016/TT-BTC dated October 21, 2016 of the Ministry of Finance on providing for fees for processing of application for the certificate of multi-level marketing, collection, transfer...

TO INVEST OVER VND 13.000 BILLION FOR SOLID WASTE MANAGEMENT PLANNING

11/11/2016 - NATURAL RESOURCES - ENVIRONMENT

In order to enhance solid waste management, prevent and reduce generated solid waste; prioritize to apply solid waste technologies such as recycle and reuse, minimize landfill method…on October 14, 2016, the Prime Minist...

CONDITIONS ON EXPORT OF MINERALS

11/11/2016 - EXPORT – IMPORT

On July 05, 2016, the Ministry of Industry and Trade issued the Circular No. 12/2016/TT-BCT on amending and supplementing a number of articles of the Minister of Industry and Trade’s Circular No. 41/2012/TT-BCT of Decemb...