Legal updated

ORDERING OF INVOICE PRINTING WITHOUT SIGNING CONTRACTS SHALL BE FINED TO VND 1.5 MILLION

02/07/2016 - TAX – FEE - CHARGE

In accordance with the Decree No. 49/2016/ND-CP dated May 27, 2016 of the Government on amending and supplementing a number of articles of the Government’s Decree No. 109/2013/ND-CP dated September 24, 2013 on penalties...

15 KINDS OF PERMISSIBLE ANTIBIOTICS IN LIVESTOCK FEEDS

23/06/2016 - AGRICULTURE – FOREST

The List of permissible antibiotics as growth stimulants in livestock and poultry feeds in Vietnam and contents thereof was issued according to Ministry of Agriculture and Rural development’s Circular No. 06/2016/TT-BNNP...

ENSURE CYBER INFORMATION SECURITY FOR THE PERIOD 2016-2020

23/06/2016 - INFORMATION - COMMUNICATIONS

Orientation, objectives, duties of cyber information security for the period 2016-2020 approved by the Prime Minister at the Decision No. 898/QD-TTg dated May 27, 2016.

COMPETITIVE OFFERING TO BE APPLIED TO DRUG BIDDING PACKAGES WHOSE PRICE DOES NOT EXCEED VND 5 BILLION

23/06/2016 - MEDICAL – HEALTH

According to the Circular No. 11/2016/TT-BYT dated May 11, 2016 of the Ministry of Health on bidding for drugs supply for public health facilities, competitive offering shall be applied with drug bidding packages that pr...

REGULATIONS ON DETERMINING UNIT LABOR COST IN THE CONSTRUCTION COST MANAGEMENT

23/06/2016 - CONSTRUCTION

Circular No. 05/2016/TT-BXD issued by dated March 10, 2016 of the Ministry of Construction providing guidance on determination of the unit labor cost in the construction cost management.

REGULATIONS ON BUILDING CONSTRUCTION PRICE

23/06/2016 - CONSTRUCTION

This is one of the contents prescribed at the Circular No. 06/2016/TT-BXD dated March 10, 2016 of the Ministry of Construction guiding the determination and management of construction investment costs.

SCHEDULE TO USE SHORT-TERM CAPITAL SOURCES AS MEDIUM AND LONG-TERM LOANS

23/06/2016 - FINANCE - BANKING

On May 27, 2016, the State Bank of Vietnam issued the Circular No. 06/2016/TT-NHNN on amending and supplementing a number of Articles of the Circular No. 36/2014/TT-NHNN dated November 20, 2014 of the State Bank of Vietn...

CONDITIONS FOR PROVISION OF UNIVERSAL LIFE INSURANCE PRODUCTS

23/06/2016 - INDUSTRY

In accordance with the Circular No. 52/2016/TT-BTC of the Ministry of Finance dated March 21, 2016 guiding the provision of universal life insurance products, an insurer must satisfy the following conditions such as its...

Intellectual Property Protection as a Form of Investment

17/06/2016 - Article

Intelligent investments are crucial to the market value of any given enterprise. While investing in machinery, assets, marketing, and product development can increase efficiency and contribute to company success, Intelle...

MANUFACTURERS WITH OVER 50,000 PRIORITY AUTOMOBILES/YEAR WILL BE ENTITLED TO INCENTIVE CORPORATE INCOME TAX

15/06/2016 - INDUSTRY

This is the content of Decision No. 229/QD-TTg dated February 04, 2016 of the Prime Minister on the mechanism and policies for implementation of the strategy and plan for development of Vietnam automobile industry.

DISCLOSURE OF PRIVATE INFORMATION OF CHILDREN OF 07 YEARS OLD OR OLDER MUST HAVE THEIR AGREEMENT

15/06/2016 - COMMERCE

The Law on Children No. 102/2016/QH13 passed by the National Assembly on April 05, 2014 and replaces the Law on child protection, care and education No. 25/2004/QH11; within that, the most important contents is the prohi...

06 CASES ALLOWED TO BE IMPORTED UNDER THE LIST OF IMPORT PROHIBITION

15/06/2016 - EXPORT – IMPORT

On May 06, 2016, the Prime Minister signed the Decision No. 18/2016/QD-TTg on circumstances that enable importation of used information technology products under import prohibition; takes effect on July 01, 2016.

01 MILLION ENTERPRISES SHALL BE BY VIETNAM BY 2020

15/06/2016 - ENTERPRISE

At the Resolution No. 35/NQ-CP dated May 16, 2016 on business support and development to 2020, the Government has set a target for our country, in which by 2020, there will be at least 1 million enterprises including pot...

06 FORMS OF SOCIAL ENTERPRISE REGISTRATION

15/06/2016 - ENTERPRISE

On May 17, 2016, the Ministry of Planning and Investment issued the Circular No. 04/2016/TT-BKHDT on the forms for social enterprise registration under the Government’s Decree No. 96/2015/ND-CP detailing a number of arti...

Intellectual Property as a Business Asset

11/06/2016 - Article

Corporate asset can be classified as either tangible – which consists of buildings, machinery, inventory, and infrastructure – or intangible – including workforce, patents, business methodologies, trademarks, designs, an...