Legal updated

MAXIMUM FEE FOR CONTRACTS AND TRANSACTION’S AUTHENTICATION IS VND 3 MILLION

12/06/2013 - TAX – FEE - CHARGE

This content is prescribed at the Joint Circular No. 62/2013/TTLT-BTC-BTP dated May 13, 2013 of the Ministry of Finance and the Ministry of Justice promulgating the collection levels, collection regime, remittance, manag...

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DECREASE IMPORT TAX RATE FOR OILS AND PETROLEUM OILS TO 18%

12/06/2013 - TAX – FEE - CHARGE

On May 22, 2013, the Ministry of Finance issued the Circular No. 70/2013/TT-BTC amending preferential import tax rates applicable to some commodities of heading 2710 in the preferential import tariff.

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BUYING CREDIT INSTITUTION’S BAD DEBTS IN THE BOOK VALUE BY SPECIAL BONDS

12/06/2013 - ENTERPRISE

On May 18, 2013, the Government issued the Decree No. 53/2013/ND-CP on the establishment, organization and operation of Vietnam Asset Management Company.

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03 TYPES OF LETHAL INJECTION FOR DEATH PENALTY EXECUTION

21/05/2013 - CRIME

On May 13, 2013, the Government issues the Decree No. 47/2013/ND-CP of the Government amending and supplementing some Articles of the Decree No. 82/2011/ND-CP dated September 16, 2011 of the Government on execution by le...

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SPEND 20-25% TOTAL STATE BUDGET FOR DEVELOPMENT INVESTMENT

21/05/2013 - ECONOMIC – SOCIAL POLICIES

This is the scheme of the overall economy restructure scheme attached to the growth model transfer towards the improvement of quality, effectiveness and competition capacity in the 2013 – 2020 period issued attached with...

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OFFICERS OF MARKET MANAGEMENT MUST HAVE PROFESSIONAL TRAINING CERTIFICATE

21/05/2013 - COMMERCE

This is the new requirement of the Ministry of Industry and Trade in accordance with the Circular No. 09/2013/TT-BCT dated May 02, 2013 on inspection and administrative violation sanction activities of market management...

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TEMPORARY IMPORT OR RE-EXPORT GOODS IN VIETNAM CANNOT EXCEED 45 DAYS

21/05/2013 - EXPORT – IMPORT

This is the new provisions at the Circular No. 59/2013/TT-BTC dated May 08, 2013 of the Ministry of Finance guiding customs procedures, customs inspection and supervision applicable to some commodities of the business of...

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THE STATE BANK CONTINUES REDUCING BY 1% REFINANCING INTEREST RATE

21/05/2013 - FINANCE - BANKING

On May 10, 2013, the Governor of the State Bank signs the Decision No. 1073/QD-NHNN dated May 10, 2013 of the State Bank of Vietnam on refinancing interest rate, rediscount interest rate and interest rate applicable to o...

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RESPONSIBILITIES IN INSURANCES WHEN LABORS SIGN MANY LABOR CONTRACTS

21/05/2013 - LABOR - SALARY

On May 05, 2013, the Government issues the Decree No. 44/2013/ND-CP dated May 10, 2013 of the Government detailing and guiding the implementation of some Articles in the Labor Code regarding labor contracts.

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LABOR CONCILIATORS APPOINTED BY THE CHAIRMAN OF PEOPLE’S COMMITTEE

21/05/2013 - LABOR - SALARY

This is the new regulations of the Decree No. 46/2013/ND-CP May 10, 2013 of the Government on the implementation of some Articles of the Labor Code regarding labor disputes.

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HIGH VOCATIONAL LABOR MUST HAVE AT LEAST 7% HIGHER THAN THE REGION-BASED MINIMUM WAGE LEVELS

21/05/2013 - LABOR - SALARY

This is one principle of building wage scale, payroll in the Decree No. 49/2013/ND-CP dated May 14, 2013 on the implementation of some Articles of the Labor Code regarding labor disputes.

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ESTABLISHING RETAIL ESTABLISHMENTS FOR FOREIGN-INVESTED ENTERPRISES

21/05/2013 - ENTERPRISE

On April 22, 2013, the Ministry of Industry and Trade issues the Circular No. 08/2013/TT-BCT detailing the goods trading and direct related-activities of foreign-invested enterprises in Vietnam. Establishing retail estab...

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TIGHTENING THE SERIOUSLY POLLUTING ESTABLISHMENTS

13/05/2013 - ORGANIZATIONAL STRUCTURE

On January 14, 2013, the Prime Minister signs the Decision No. 04/2013/QD-TTg on competence to decide on the list of seriously polluting establishments and handling measures.

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STRENGTHEN TASKS AND POWERS OF VIETNAM GOVERNMENT PORTAL

13/05/2013 - ORGANIZATIONAL STRUCTURE

This is the content at the Decision No. 06/2013/QD-TTg dated January 24, 2013 of the Prime Minister defining the functions, tasks, powers and organizational structure of Vietnam Government Portal.

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IN 2020, 95% CHILDREN WITH SPECIAL DIFFICULT CIRCUMSTANCE SHALL RECEIVE THE ASSISTANCE BY SOCIAL SERVICES

13/05/2013 - ECONOMIC – SOCIAL POLICIES

This is the target suggested at the Scheme on caring helpless orphans, neglected children, HIV/AIDS infected children, victims of chemical toxic, serious disable children and children that are affected by natural disaste...

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