Legal updated

50M2 IS THE MINIMUM DISTANCE FROM PETROL AND OIL TANKS TO PUBLIC CONSTRUCTIONS

23/08/2013 - COMMERCE

On June 18, 2912, the Ministry of Industry and Trade issues the National Technical Regulations on petrol and oil shop’s design requirements at the Circular No. 11/2013/TT-BCT

ISSUANCE LIMIT FOR INTERNATIONAL BONDS MUST HAVE ASSESSMENT ON CREDIT RATING

23/08/2013 - FINANCE - BANKING

This is the regulations of the State Bank of Vietnam (SBV) in the Circular No. 17/2013/TT-NHNN dated July 16, 2013 promulgating the guidance for the foreign exchange control regarding to enterprise’s international bond i...

BASIC WAGE FOR STATE CORPORATION’S PRESIDENT IS VND 36 MILLION PER MONTH

23/08/2013 - LABOR - SALARY

On May 14, 2013, the Government issued the Decree No. 51/2013/ND-CP promulgating wages, remunerations, bonuses for the Member Assembly’s members, the company’s President, the Controller, the General Director or director,...

PERSONS ON ENTRY ELIGIBLE FOR PURCHASE OF DUTY-FREE GOODS

23/08/2013 - TAX – FEE - CHARGE

This is the content prescribed at the Decision No. 44/2013/QD-TTg dated July 19, 2013 of the Prime Minister amending and supplementing a number of articles of the Regulation on trading in duty-free goods promulgated toge...

SUPPLEMENT 03 SUBJECTS ENTITLED TO TUITION EXEMPTION

09/08/2013 - EDUCATION – TRAINING – VOCATION

On July 15, 2013, the Government issues the Decree No. 74/2013/ND-CP amending and supplementing some articles the Decree No. 49/2010/ND-CP dated May 14, 2010 of the Government on reduction and exemption of tuition fees,...

ONLY ENTERPRISES ALLOWED TO DO COAL BUSINESS

09/08/2013 - COMMERCE

On July 15, 2013, the Ministry of Industry and Trade issued the Circular No. 14/2013/TT-BCT promulgating coal trading conditions.

3 TYPE OF ENTERPRISES HAVE PRIORITIES IN CUSTOMS

09/08/2013 - EXPORT – IMPORT

This is the content prescribed at the Circular No. 86/2013/TT-BTC of June 27, 2013, providing the application of the priority regime in the state management of customs to eligible businesses, including exemption from exa...

ONLY ALLOW TRANSFER OF OIL AND PETROLEUM TYPES IN ACCORDANCE WITH THE CONTRACT

09/08/2013 - EXPORT – IMPORT

This is a requirement of the Ministry of Finance at the Circular No. 88/2013/TT-BTC promulgating the guidance for pilot custom procedures for the export and import activities of petrol and oil, materials for petrol and o...

TIGHTENING CONDITIONS TO EXPORT COAL

09/08/2013 - EXPORT – IMPORT

On July 15, 2013, the Ministry of Industry and Trade issues the Circular No. 15/2013/TT-BCT regulating on the coal export.

PUBLIC DEBTS MUST NOT EXCEED 65% OF GDP

09/08/2013 - FINANCE - BANKING

On May 04, 2013, the Prime Minister signed the Decision No. 689/QD-TTg of May 4, 2013, approving the Program on management of medium-term debts during 2013-2015.

04 CASES OF ENTERPRISE SHALL BE KEPT UNDER SPECIAL FINANCIAL SUPERVISION

09/08/2013 - FINANCE - BANKING

On June 25, 2013, the Government issues the Decree No. 61/2013/ND-CP on the issuance of regulations on financial supervision and performance assessment of financial information activity and disclosure to state-owned ente...

07 LIGHT WORKS PERMITTED TO USE LABORERS UNDER 15 YEARS OLD

09/08/2013 - LABOR - SALARY

On June 11, 2013, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 11/2013/TT-BLDTBXH detailing the list of the light works permitted to use laborers under 15 years old to work.

TO ANNOUNCE 31 TAX ADMINISTRATIVE PROCEDURES

09/08/2013 - TAX – FEE - CHARGE

On April 05, 2013, the Ministry of Finance signed the Decision No. 693/QD-BTC on announcing the tax administrative procedures within management scope and function of the Ministry of Finance.

LAND RENT EXEMPTION AND REDUCTION FOR ENTERPRISES COMPRISING ETHNIC MINORITY EMPLOYEES

09/08/2013 - ENTERPRISE

This is the content of the Circular No. 52/2013/TT-BTC dated May 03, 2013 guiding the support for organizations and units employing ethnic minority people in mountainous regions and specially disadvantaged areas accordin...