Legal updated

E-PERMITS FOR SHIPS’ ENTRY INTO SEAPORTS, INLAND PORTS

30/09/2016 - ADMINISTRATIVE

The Prime Minister issued the Decision No. 34/2016/QD-TTg dated August 23, 2016 on regulations on e-procedures for boats, ships’ entry, exit from seaports, inland ports, offshore oil ports via national single-window syst...

REGULATIONS ON MANAGEMENT OF ACTIVITIES OF SEAPLANES

30/09/2016 - TRANSPORT

On September 01, 2016, the Ministry of Transport issued the Circular No. 22/2016/TT-BGTVT on regulations on management of activities of seaplanes, seaplane bases, water areas for takeoffs and landings, accordingly, seapl...

THE TARIFF-RATE QUOTA APPLIED TO IMPORTED UNMANUFACTURED TOBACCO FROM MEMBER STATES OF EURASIAN ECONOMIC UNION SHALL BE 500 TONS

30/09/2016 - EXPORT – IMPORT

This is the content prescribed at the Circular No. 16/2016/TT-BCT dated August 19, 2016 of the Ministry of Industry and Trade application of import tariff-rate quotas for unmanufactured tobacco and poultry eggs originate...

GUIDANCE ON COMPLICATED BANKRUPTCY CASES

30/09/2016 - ENTERPRISE

In accordance with the Resolution No. 03/2016/NQ-HDTP dated August 26, 2016 of the Supreme People’s Court ‘ s Council Of Justices guiding the implementation of a number of articles of the law on bankruptcy, In course of...

CONDITIONS FOR DRUG BUSINESS TO A DRUG RETAILER

15/09/2016 - MEDICAL – HEALTH

On July 01, 2016, the Government issued the Decree No. 102/2016/ND-CP dated July 01, 2016 of the Government on drug business requirements.

ENCOURAGE TO PROVIDE FOR THE VOLUNTARY SUPPLEMENTAL RETIREMENT PROGRAM

15/09/2016 - LABOR - SALARY

At the Decree No. 88/2016/ND-CP dated July 01, 201 of the Government on voluntary supplemental retirement program. The Government encourages developing voluntary supplemental retirement programs by means of incentive pol...

DEACTIVATE THE TIN OF THE BUSINESS ENTITY OF NON-OPERATION AT REGISTERED ADDRESS

15/09/2016 - TAX – FEE - CHARGE

In accordance with the Circular No. 95/2016/TT-BTC dated June 28, 2016 of the Ministry of Finance on guidelines for tax registration, the taxpayer shall be imposed sanctions for TIN usage as prescribed by relevant law pr...

THE LATE PAYMENT INTEREST AT 0.03% PER DAY ON THE OUTSTANDING AMOUNT

15/09/2016 - TAX – FEE - CHARGE

This is the important content prescribed at the Decree No. 100/2016/ND-CP dated July 01, 2016 of the Government on elaboration and guidelines for some articles of the law on amendment of the law on value-added tax, the l...

THE MINIMUM AMOUNT OF CAPITAL REQUIRED FOR AN AIRLINE IS VND 300 BILLION

15/09/2016 - ENTERPRISE

This is the content prescribed at the Decree No. 92/2016/ND-CP dated July 1, 2016 of the Government providing for conditional business sectors or activities in the civil aviation industry and takes effect on July 01, 201...

ADMINISTRATIVE MANAGEMENT AND USE OF SEALS

22/08/2016 - MEDICAL – HEALTH

The Decree No. 99/2016/ND-CP on management and use of seals is issued by the Government on July 01, 2016, provides for the management and use of seal of state bodies, people’s armed forces and bodies of the organizationa...

CONDITIONS FOR MANUFACTURE OF COSMETIC PRODUCTS

22/08/2016 - MEDICAL – HEALTH

On July 01, 2016, the Government issued the Decree No. 93/2016/ND-CP providing for conditions for manufacture of cosmetic products, within that, the manufacture of cosmetic products must have a cosmetic manufacturer must...

REQUIREMENTS APPLICABLE TO BUSINESS ENTITIES ACTING AS CURRENCY EXCHANGE AGENTS

22/08/2016 - FINANCE - BANKING

Decree No. 89/2016/ND-CP on requirements applicable to business entities acting as currency exchange agents or providing foreign currency receipt and payment services is issued by the Government on July 01, 2015.

TO INCREASE BY 8% OF PENSIONS, MONTHLY ALLOWANCES FOR SUBJECTS FOR OFFICERS

22/08/2016 - LABOR - SALARY

On July 15, 2016, the Labor, War Invalids and Social Affairs issued the Circular No. 23/2016/TT-BLDTBXH guiding the adjustment of pensions, social insurance allowances and monthly allowances according to the Decree No. 5...

AMOUNT OF DOMESTIC ADOPTION REGISTRATION FEE IS VND 400,000/CASE

22/08/2016 - TAX – FEE - CHARGE

On July 08, 2017, the Government issued the Decree No. 114/2016/ND-CP on adoption registration fees, fees for issuance of operation licenses of inter-country adoption agencies.

HE RATE OF LATE PAYMENT INTEREST BETWEEN BANKS SHALL NOT EXCEED 10%/YEAR

13/08/2016 - TAX – FEE - CHARGE

The State Bank of Vietnam issued Circular No. 18/2016/TT-NHNN on June 30, 2016 which takes effect on August 22, 2016, amending a number of Articles of the Circular No. 21/2012/TT-NHNN dated June 18, 2012, regulation on o...